1-bed · 1,029 sqftSafeer Tower 2, Business Bay · 2nd floor · completed 2017

208, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 617K8 November 2020
Current rentAED 108K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Safeer Tower 2

What is 208 worth today?

Last sold for AED 617,226 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 May 2025RentedNew contract
AED 108,000/yr12 months · AED 105 per sqft
20 Apr 2024RentedNew contract
AED 108,000/yr12 months · AED 105 per sqft
1 Nov 2022RentedRenewal
AED 48,000/yr12 months · AED 46 per sqft
1 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 46 per sqft
8 Nov 2020Sold by developerReady
AED 617,226AED 600 per sqft
25 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 42 per sqft
4 Jun 2019RentedNew contract
AED 72,000/yr12 months · AED 70 per sqft
4 Jun 2018RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
1,029 sqft
Floor
2nd of 15
Parking
B2-92
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 17,400 /yr
Last sold
AED 617K · November 2020

About 208, Safeer Tower 2

208 is a one-bedroom apartment of 1,029 sqft on the 2nd floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. The developer sold it on 8 November 2020 for AED 617,226, or AED 600 per sqft, in line with the AED 600 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 20 May 2025, is AED 108,000 a year: a gross yield of 17.5% on the 2020 price, before the service charge of about AED 17,400 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in Safeer Tower 2
500K1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,391,200; 2016 AED 1,391,200; 2017 AED 1,265,793; 2018 AED 971,903; 2020 AED 617,226; 2024 AED 920,000; 2025 AED 1,010,000Sold by developer, November 2020: AED 617,226 (AED 600 per sqft)

208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 208, each contractTypical one-bed in Safeer Tower 2
50K100K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,850; 2024 AED 70,000; 2025 AED 66,924; 2026 AED 68,000New contract, June 2018: AED 75,000 a yearNew contract, June 2019: AED 72,000 a yearNew contract, September 2020: AED 43,000 a yearNew contract, November 2021: AED 48,000 a yearRenewal, November 2022: AED 48,000 a yearNew contract, April 2024: AED 108,000 a yearNew contract, May 2025: AED 108,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safeer Tower 2, and where 208 sits

All 54 1-beds →

208 last sold in November 2020 at AED 600 per sqft, in line with what one-beds in Safeer Tower 2 were fetching at the time (AED 600). Over the last 12 months one-beds sold for AED 950,000 to 1,200,000, around AED 1,095 per sqft, and rent for AED 57,960 to 96,000 a year. 208's AED 108,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 May 20261,200,000
19 Nov 2025950,000
22 Jul 20251,300,000
15 May 2025900,000
2 1-bed sales in the last 12 months

Safeer Tower 2

Building

178 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%
Safeer Tower 2, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 178 units in Safeer Tower 2
Value
2011-bedAED 527K · Nov 2020
202StudioAED 818K · Feb 2016
203StudioAED 816K · Dec 2015
204StudioAED 814K · Oct 2015
205StudioAED 814K · Dec 2015
206StudioAED 739K · Jul 2015
207StudioAED 640K · Mar 2024
1–7 of 15

208, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 8 November 2020 for AED 617,226, or AED 600 per sqft.
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 43,000 in 2020 and recovered to AED 108,000 by May 2025.
  • At AED 108,000 a year the gross yield on the 2020 price is 17.5%, before a service charge of about AED 17,400 a year (AED 16.87 per sqft).
  • One-beds in Safeer Tower 2 sold for AED 950,000–1,200,000 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 20 May 2025.

Questions about 208, Safeer Tower 2

What did unit 208 last sell for?

AED 617,226 on 8 November 2020, sold by the developer: AED 600 per sqft for 1,029 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 108,000 a year on the contract signed on 20 May 2025. The previous contract, from April 2024, was AED 108,000; the unit has been rented since June 2018.

How big is unit 208?

1,029 sqft (95.6 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2017.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safeer Tower 2 sold for AED 950,000 to 1,200,000 in the last 12 months, around AED 1,095 per sqft.

Selling 208? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 208, Safeer Tower 2

Starts from the last sale price (AED 617K, 8 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 617,226
Deposit, UAE resident (20%)
AED 123,445
Deposit, non-resident (40%)
AED 246,890
Monthly over 25 years at 3.7%
AED 2,525

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →