Studio · 484 sqftSafeer Tower 2, Business Bay · 3rd floor · completed 2017

315, Safeer Tower 2

Sold prices and rental history: sold twice, last in June 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 615K5 June 2026
Current rentAED 42K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Safeer Tower 2

What is 315 worth today?

Last sold for AED 615,000 in 2026

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5 Jun 2026SoldReady
AED 615,000AED 1,271 per sqft
20 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 87 per sqft
20 Oct 2023RentedRenewal
AED 35,000/yr12 months · AED 72 per sqft
20 Oct 2022RentedRenewal
AED 35,000/yr12 months · AED 72 per sqft
20 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
1 Jul 2020RentedNew contract
AED 30,000/yr13 months · AED 62 per sqft
10 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
8 Sep 2015Sold by developerOff-plan
AED 872,261AED 1,802 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
3rd of 15
Parking
B2-11
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,200 /yr
Last sold
AED 615K · June 2026

About 315, Safeer Tower 2

315 is a studio of 484 sqft on the 3rd floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 5 June 2026 for AED 615,000, or AED 1,271 per sqft, 11% below the AED 1,428 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 42,000 a year: a gross yield of 6.8% on the 2026 price, before the service charge of about AED 8,200 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical studio in Safeer Tower 2
600K800K20152018202120242027Typical sale price by year: 2015 AED 852,327; 2016 AED 861,060; 2017 AED 801,660; 2018 AED 580,605; 2022 AED 480,000; 2023 AED 510,000; 2024 AED 642,500; 2025 AED 670,000; 2026 AED 662,700Sold by developer, September 2015: AED 872,261 (AED 1,802 per sqft)Sold, June 2026: AED 615,000 (AED 1,271 per sqft)

315 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 315, each contractTypical studio in Safeer Tower 2
40K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 44,500; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 43,700; 2024 AED 49,500; 2025 AED 53,000; 2026 AED 50,505New contract, December 2018: AED 50,000 a yearNew contract, July 2020: AED 30,000 a yearNew contract, October 2021: AED 30,000 a yearRenewal, October 2022: AED 35,000 a yearRenewal, October 2023: AED 35,000 a yearRenewal, October 2024: AED 42,000 a year

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 315 sits

All 102 studios →

315 last sold in June 2026 at AED 1,271 per sqft, 11% below what studios in Safeer Tower 2 were fetching at the time (AED 1,428). 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. 315's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Sep 2026700,000
3 Jul 2026660,000
11 Jun 2026662,700
8 Jan 2026675,000
13 studio 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 3rd floor

All 178 units in Safeer Tower 2
Value
3011-bedAED 527K · Nov 2020
302StudioAED 866K · Aug 2016
303StudioAED 864K · Aug 2016
304StudioAED 590K · Nov 2023
305StudioAED 624K · Oct 2018
306StudioAED 525K · Nov 2023
307StudioAED 872K · Mar 2018
1–7 of 15

315, Safeer Tower 2 in numbers

  • Sold twice: first on 8 September 2015 for AED 872,261, last on 5 June 2026 for AED 615,000 (AED 1,271 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 42,000 by October 2024.
  • At AED 42,000 a year the gross yield on the 2026 price is 6.8%, 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 5 June 2026.

Questions about 315, Safeer Tower 2

What did unit 315 last sell for?

AED 615,000 on 5 June 2026: AED 1,271 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 872,261 in September 2015.

What is the rent for unit 315?

AED 42,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 35,000; the unit has been rented since December 2018.

How big is unit 315?

484 sqft (45.0 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.

What is unit 315 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 315, Safeer Tower 2

Starts from the last sale price (AED 615K, 5 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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