Home
Dubai prices
About
Research
Studio · 483 sqftSafeer Tower 2, Business Bay · 4th floor · completed 2017

411, Safeer Tower 2

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

Unit 411 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 290K10 November 2020
Current rentAED 36K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 411

Property timeline for 411, Safeer Tower 2

What is 411 worth today?

Last sold for AED 289,656 in 2020

Unlock today's estimate, updated daily, with

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

1 Apr 2022RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
10 Nov 2020Sold by developerReady
AED 289,656AED 599 per sqft
1 Mar 2020RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
1 Jun 2018RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
4th of 15
Parking
B2-19
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 290K · November 2020
Building
Safeer Tower 2

About 411, Safeer Tower 2

411 is a studio of 483 sqft on the 4th 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 10 November 2020 for AED 289,656, or AED 599 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 April 2022, is AED 36,000 a year: a gross yield of 12.4% on the 2020 price, before the service charge of about AED 8,100 a year.

Sales and rents for 411 over time

Sales
Unit 411, each saleTypical studio in Safeer Tower 2
500K20152018202120242027Typical 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, November 2020: AED 289,656 (AED 599 per sqft)

411 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 411, 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, June 2018: AED 42,000 a yearNew contract, March 2020: AED 40,000 a yearNew contract, April 2022: AED 36,000 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 411 sits

All 102 studios →

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. 411's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Sep 2026700,000
3 Jul 2026660,000
11 Jun 2026662,700
5 Jun 2026615,000
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 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

411, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 10 November 2020 for AED 289,656, or AED 599 per sqft.
  • Rented since June 2018 on 3 Ejari contracts, from AED 42,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2020 price is 12.4%, before a service charge of about AED 8,100 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 1 April 2022.

Questions about 411, Safeer Tower 2

What did unit 411 last sell for?

AED 289,656 on 10 November 2020, sold by the developer: AED 599 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 411?

AED 36,000 a year on the contract signed on 1 April 2022. The previous contract, from March 2020, was AED 40,000; the unit has been rented since June 2018.

How big is unit 411?

483 sqft (44.9 sqm): a studio on the 4th floor of a 15-storey tower completed in 2017.

What is unit 411 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.

Selling 411? 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 411, Safeer Tower 2

Starts from the last sale price (AED 290K, 10 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 289,656
Deposit, UAE resident (20%)
AED 57,931
Deposit, non-resident (40%)
AED 115,862
Monthly over 25 years at 3.7%
AED 1,185

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