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1-bed · 878 sqftSafeer Tower 2, Business Bay · 5th floor · completed 2017

501, Safeer Tower 2

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

Unit 501 · DLD and Ejari recordsUpdated 19 May 2026
Last soldAED 500K22 July 2020
Current rentAED 68K /yr19 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Safeer Tower 2

What is 501 worth today?

Last sold for AED 500,000 in 2020

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19 May 2026RentedNew contract
AED 68,000/yr12 months · AED 77 per sqft
1 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
22 Jul 2020SoldReady
AED 500,000AED 569 per sqft
15 Jun 2020RentedNew contract
AED 56,000/yr12 months · AED 63 per sqft
16 Jan 2017Sold by developerOff-plan
AED 1,265,793AED 1,441 per sqft

Source: Dubai Land Department. Updated 19 May 2026.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
5th of 15
Parking
B2-65
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 500K · July 2020
Building
Safeer Tower 2

About 501, Safeer Tower 2

501 is a one-bedroom apartment of 878 sqft on the 5th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 22 July 2020 for AED 500,000, or AED 569 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 19 May 2026, is AED 68,000 a year: a gross yield of 13.6% on the 2020 price, before the service charge of about AED 14,800 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, January 2017: AED 1,265,793 (AED 1,441 per sqft)Sold, July 2020: AED 500,000 (AED 569 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Safeer Tower 2
60K2018202120242027Typical 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 2020: AED 56,000 a yearNew contract, September 2022: AED 60,000 a yearNew contract, May 2026: AED 68,000 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 501 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. 501's AED 68,000 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 5th floor

All 178 units in Safeer Tower 2
Value
502StudioAED 866K · Feb 2016
503StudioAED 630K · Mar 2024
504StudioAED 500K · Sep 2023
505StudioAED 500K · Sep 2023
506StudioAED 835K · Feb 2016
507StudioAED 500K · Sep 2023
5081-bedAED 1.07M · Apr 2025
1–7 of 15

501, Safeer Tower 2 in numbers

  • Sold twice: first on 16 January 2017 for AED 1,265,793, last on 22 July 2020 for AED 500,000 (AED 569 per sqft).
  • Rented since June 2020 on 3 Ejari contracts, from AED 56,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2020 price is 13.6%, 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 19 May 2026.

Questions about 501, Safeer Tower 2

What did unit 501 last sell for?

AED 500,000 on 22 July 2020: AED 569 per sqft for 878 sqft. The unit has 2 registered sales; the first was AED 1,265,793 in January 2017.

What is the rent for unit 501?

AED 68,000 a year on the contract signed on 19 May 2026. The previous contract, from September 2022, was AED 60,000; the unit has been rented since June 2020.

How big is unit 501?

878 sqft (81.6 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2017.

What is unit 501 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 501, Safeer Tower 2

Starts from the last sale price (AED 500K, 22 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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