1-bed · 878 sqftSafeer Tower 2, Business Bay · 4th floor · completed 2017

409, Safeer Tower 2

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 900K29 October 2024
Current rentAED 67K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Safeer Tower 2

What is 409 worth today?

Last sold for AED 900,000 in 2024

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15 Jul 2026RentedRenewal
AED 67,000/yr12 months · AED 76 per sqft
15 Jul 2025RentedRenewal
AED 67,000/yr12 months · AED 76 per sqft
29 Oct 2024SoldReady
AED 900,000AED 1,024 per sqft
15 Jul 2024RentedRenewal
AED 67,000/yr12 months · AED 76 per sqft
15 Jul 2023RentedRenewal
AED 60,500/yr12 months · AED 69 per sqft
15 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 63 per sqft
31 Oct 2021RentedNew contract
AED 39,344/yr6 months · AED 45 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
4th of 15
Parking
B2-63
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 900K · October 2024

About 409, Safeer Tower 2

409 is a one-bedroom apartment of 878 sqft on the 4th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 29 October 2024 for AED 900,000, or AED 1,024 per sqft.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 67,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, July 2015: AED 1,234,148 (AED 1,405 per sqft)Sold, October 2024: AED 900,000 (AED 1,024 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Safeer Tower 2
40K60K2018202120242027Typical 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, August 2020: AED 40,000 a yearNew contract, October 2021: AED 39,344 a yearNew contract, July 2022: AED 55,000 a yearRenewal, July 2023: AED 60,500 a yearRenewal, July 2024: AED 67,000 a yearRenewal, July 2025: AED 67,000 a yearRenewal, July 2026: AED 67,000 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 409 sits

All 54 1-beds →

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. 409's AED 67,000 is in the lower 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 4th floor

All 178 units in Safeer Tower 2
Value
4011-bedAED 1.27M · Mar 2016
402StudioAED 520K · Jun 2023
403StudioAED 591K · Jul 2018
404StudioAED 650K · Aug 2025
405StudioAED 624K · Oct 2018
406StudioAED 835K · Dec 2015
407StudioAED 872K · Sep 2015
1–7 of 15

409, Safeer Tower 2 in numbers

  • Sold twice: first on 14 July 2015 for AED 1,234,148, last on 29 October 2024 for AED 900,000 (AED 1,024 per sqft).
  • Rented since August 2020 on 7 Ejari contracts, from AED 40,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2024 price is 7.4%, 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 15 July 2026.

Questions about 409, Safeer Tower 2

What did unit 409 last sell for?

AED 900,000 on 29 October 2024: AED 1,024 per sqft for 878 sqft. The unit has 2 registered sales; the first was AED 1,234,148 in July 2015.

What is the rent for unit 409?

AED 67,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 67,000; the unit has been rented since August 2020.

How big is unit 409?

878 sqft (81.6 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2017.

What is unit 409 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 409, Safeer Tower 2

Starts from the last sale price (AED 900K, 29 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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