207, Safeer Tower 2
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Safeer Tower 2
What is 207 worth today?
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Source: Dubai Land Department. Updated 8 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 485 sqft
- Floor
- 2nd of 15
- Parking
- B2-50
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,200 /yr
- Last sold
- AED 640K · March 2024
- Building
- Safeer Tower 2
About 207, Safeer Tower 2
207 is a studio of 485 sqft on the 2nd floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 8 March 2024 for AED 640,000, or AED 1,320 per sqft, 20% above the AED 1,102 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 22 September 2022, is AED 41,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 8,200 a year.
Sales and rents for 207 over time
207 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safeer Tower 2, and where 207 sits
All 102 studios →207 last sold in March 2024 at AED 1,320 per sqft, 20% above what studios in Safeer Tower 2 were fetching at the time (AED 1,102). Over the last 12 months studios sold for AED 615,000 to 750,000, around AED 1,550 per sqft, and rent for AED 40,000 to 96,000 a year. 207's AED 41,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 471 sqft | 700,000 | 1,486 | ||
| 3 Jul 20263 July 2026 | 483 sqft | 660,000 | 1,367 | ||
| 11 Jun 202611 June 2026 | 483 sqft | 662,700 | 1,372 | ||
| 5 Jun 20265 June 2026 | 484 sqft | 615,000 | 1,271 |
Safeer Tower 2
Building178 apartments, studios to 4-bed over 15 floors in Business Bay, completed in 2017 by Alseeb Real Estate Development. 15 sold in the last 12 months.
- Typical price per sqft
- AED 1,486 Up 13.1%
- Typical sale
- AED 750K
- Typical rent
- AED 56K /yr
- Typical yield
- 6.7%
Other units on the 2nd floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 878 sqft | AED 527KAED 526,806 · Nov 2020November 2020 | 108,000 /yr | |
| 202 | Studio | 480 sqft | AED 818KAED 817,740 · Feb 2016February 2016 | 55,000 /yr | |
| 203 | Studio | 477 sqft | AED 816KAED 816,463 · Dec 2015December 2015 | 52,500 /yr | |
| 204 | Studio | 480 sqft | AED 814KAED 813,544 · Oct 2015October 2015 | 55,000 /yr | |
| 205 | Studio | 480 sqft | AED 814KAED 813,544 · Dec 2015December 2015 | 57,000 /yr | |
| 206 | Studio | 466 sqft | AED 739KAED 739,278 · Jul 2015July 2015 | 40,000 /yr | |
| 208 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 108,000 /yr | |
| 209 | 1-bed | 878 sqft | AED 527KAED 526,872 · Nov 2020November 2020 | 85,000 /yr | |
| 210 | Studio | 480 sqft | AED 818KAED 817,740 · Feb 2016February 2016 | 54,000 /yr | |
| 211 | Studio | 477 sqft | AED 628KAED 627,500 · Aug 2025August 2025 | 40,500 /yr | |
| 212 | Studio | 480 sqft | AED 430KAED 430,000 · Mar 2023March 2023 | 47,000 /yr | |
| 213 | Studio | 480 sqft | AED 660KAED 660,000 · Aug 2024August 2024 | 44,424 /yr | |
| 214 | Studio | 471 sqft | AED 700KAED 700,000 · Sep 2026September 2026 | 48,000 /yr | |
| 215 | Studio | 484 sqft | AED 824KAED 824,126 · Nov 2016November 2016 | 59,400 /yr | |
| 216 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 105,000 /yr |
207, Safeer Tower 2 in numbers
- Sold twice: first on 19 December 2018 for AED 661,000, last on 8 March 2024 for AED 640,000 (AED 1,320 per sqft).
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2020 and recovered to AED 41,000 by September 2022.
- At AED 41,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 8,200 a year (AED 16.87 per sqft).
- Studios in Safeer Tower 2 sold for AED 615,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,486 per sqft.
Source: Dubai Land Department. Updated 8 March 2024.
Questions about 207, Safeer Tower 2
What did unit 207 last sell for?
AED 640,000 on 8 March 2024: AED 1,320 per sqft for 485 sqft. The unit has 2 registered sales; the first was AED 661,000 in December 2018.
What is the rent for unit 207?
AED 41,000 a year on the contract signed on 22 September 2022. The previous contract, from September 2021, was AED 28,000; the unit has been rented since August 2018.
How big is unit 207?
485 sqft (45.1 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2017.
What is unit 207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safeer Tower 2 sold for AED 615,000 to 750,000 in the last 12 months, around AED 1,550 per sqft.
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Mortgage on 207, Safeer Tower 2
Starts from the last sale price (AED 640K, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →