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

509, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in June 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 650K30 June 2020
Current rentAED 85K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Safeer Tower 2

What is 509 worth today?

Last sold for AED 650,000 in 2020

Unlock today's estimate, updated daily, with

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

25 Nov 2025RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
25 Oct 2024RentedNew contract
AED 76,000/yr12 months · AED 87 per sqft
30 Jun 2020Sold by developerReady
AED 650,000AED 740 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
5th of 15
Parking
B2-67
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 650K · June 2020

About 509, Safeer Tower 2

509 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. The developer sold it on 30 June 2020 for AED 650,000, or AED 740 per sqft.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 25 November 2025, is AED 85,000 a year: a gross yield of 13.1% on the 2020 price, before the service charge of about AED 14,800 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, June 2020: AED 650,000 (AED 740 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Safeer Tower 2
40K60K80K2018202120242027Typical 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 2024: AED 76,000 a yearNew contract, November 2025: 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 509 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. 509'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 5th floor

All 178 units in Safeer Tower 2
Value
5011-bedAED 500K · Jul 2020
502StudioAED 866K · Feb 2016
503StudioAED 630K · Mar 2024
504StudioAED 500K · Sep 2023
505StudioAED 500K · Sep 2023
506StudioAED 835K · Feb 2016
507StudioAED 500K · Sep 2023
1–7 of 15

509, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 30 June 2020 for AED 650,000, or AED 740 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 76,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 13.1%, 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 25 November 2025.

Questions about 509, Safeer Tower 2

What did unit 509 last sell for?

AED 650,000 on 30 June 2020, sold by the developer: AED 740 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 85,000 a year on the contract signed on 25 November 2025. The previous contract, from October 2024, was AED 76,000.

How big is unit 509?

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

What is unit 509 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.

Selling 509? 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 509, Safeer Tower 2

Starts from the last sale price (AED 650K, 30 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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