1-bed · 878 sqftSafeer Tower 2, Business Bay · 2nd floor · completed 2017

209, 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 209 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 527K9 November 2020
Current rentAED 85K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Safeer Tower 2

What is 209 worth today?

Last sold for AED 526,872 in 2020

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1 Aug 2026RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
1 Aug 2025RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
1 Aug 2024RentedNew contract
AED 36,000/yr12 months · AED 41 per sqft
1 Oct 2022RentedNew contract
AED 55,200/yr12 months · AED 63 per sqft
1 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
9 Nov 2020Sold by developerReady
AED 526,872AED 600 per sqft
1 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
2nd of 15
Parking
B2-91
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 527K · November 2020

About 209, Safeer Tower 2

209 is a one-bedroom apartment of 878 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 9 November 2020 for AED 526,872, 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 6 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 85,000 a year: a gross yield of 16.1% on the 2020 price, before the service charge of about AED 14,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 526,872 (AED 600 per sqft)

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

Rents
Unit 209, each contractTypical one-bed in Safeer Tower 2
50K75K2018202120242027Typical 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, October 2018: AED 60,000 a yearNew contract, October 2021: AED 48,000 a yearNew contract, October 2022: AED 55,200 a yearNew contract, August 2024: AED 36,000 a yearRenewal, August 2025: AED 85,000 a yearRenewal, August 2026: AED 85,000 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 209 sits

All 54 1-beds →

209 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. 209's AED 85,000 is in the upper half 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

209, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 9 November 2020 for AED 526,872, or AED 600 per sqft.
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2024 and recovered to AED 85,000 by August 2026.
  • At AED 85,000 a year the gross yield on the 2020 price is 16.1%, before a service charge of about AED 14,800 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 1 August 2026.

Questions about 209, Safeer Tower 2

What did unit 209 last sell for?

AED 526,872 on 9 November 2020, sold by the developer: AED 600 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 85,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 85,000; the unit has been rented since October 2018.

How big is unit 209?

878 sqft (81.6 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2017.

What is unit 209 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.

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Mortgage on 209, Safeer Tower 2

Starts from the last sale price (AED 527K, 9 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 526,872
Deposit, UAE resident (20%)
AED 105,374
Deposit, non-resident (40%)
AED 210,749
Monthly over 25 years at 3.7%
AED 2,156

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