614, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 614, Safeer Tower 2
What is 614 worth today?
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Source: Dubai Land Department. Updated 25 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 466 sqft
- Floor
- 6th of 15
- Parking
- B1-38
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 794K · June 2017
- Building
- Safeer Tower 2
About 614, Safeer Tower 2
614 is a studio of 466 sqft on the 6th 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 1 June 2017 for AED 793,608, or AED 1,704 per sqft, 5% below the AED 1,803 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 October 2024, is AED 54,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 7,900 a year.
Sales and rents for 614 over time
614 has sold once; the dashed line is the studio median of each year in the building.
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 614 sits
All 102 studios →614 last sold in June 2017 at AED 1,704 per sqft, 5% below what studios in Safeer Tower 2 were fetching at the time (AED 1,803). 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. 614's AED 54,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 471 sqft | 700,000 | 1,486 | ||
| 3 Jul 20263 July 2026 | 483 sqft | 660,000 | 1,367 | ||
| 11 Jun 202611 June 2026 | 483 sqft | 662,700 | 1,372 | ||
| 5 Jun 20265 June 2026 | 484 sqft | 615,000 | 1,271 |
Safeer Tower 2
Building178 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%
Other units on the 6th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 878 sqft | AED 900KAED 900,000 · May 2025May 2025 | 40,000 /yr | |
| 602 | Studio | 483 sqft | AED 866KAED 865,502 · Mar 2016March 2016 | 54,000 /yr | |
| 603 | Studio | 483 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | 30,000 /yr | |
| 604 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 56,000 /yr | |
| 605 | Studio | 480 sqft | AED 500KAED 500,000 · May 2022May 2022 | 40,000 /yr | |
| 606 | Studio | 476 sqft | AED 571KAED 571,305 · Oct 2018October 2018 | 56,304 /yr | |
| 607 | Studio | 486 sqft | AED 872KAED 872,261 · Mar 2016March 2016 | 42,000 /yr | |
| 608 | 1-bed | 1,029 sqft | AED 1.2MAED 1,200,000 · May 2026May 2026 | 70,090 /yr | |
| 609 | 1-bed | 878 sqft | AED 744KAED 744,186 · Jun 2021June 2021 | 84,000 /yr | |
| 610 | Studio | 484 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 45,000 /yr | |
| 611 | Studio | 483 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 50,000 /yr | |
| 612 | Studio | 480 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 60,000 /yr | |
| 613 | Studio | 480 sqft | AED 818KAED 818,007 · Jul 2017July 2017 | 52,000 /yr | |
| 615 | Studio | 486 sqft | AED 872KAED 872,261 · Mar 2016March 2016 | 42,000 /yr | |
| 616 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 65,000 /yr |
614, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 1 June 2017 for AED 793,608, or AED 1,704 per sqft.
- Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 54,000 by October 2024.
- At AED 54,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 7,900 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 25 October 2024.
Questions about 614, Safeer Tower 2
What did unit 614 last sell for?
AED 793,608 on 1 June 2017, sold by the developer: AED 1,704 per sqft for 466 sqft. It is the only registered sale of the unit.
What is the rent for unit 614?
AED 54,000 a year on the contract signed on 25 October 2024. The previous contract, from February 2023, was AED 39,000; the unit has been rented since May 2018.
How big is unit 614?
466 sqft (43.3 sqm): a studio on the 6th floor of a 15-storey tower completed in 2017.
What is unit 614 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 614, Safeer Tower 2
Starts from the last sale price (AED 794K, 1 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 793,608
- Deposit, UAE resident (20%)
- AED 158,722
- Deposit, non-resident (40%)
- AED 317,443
- Monthly over 25 years at 3.7%
- AED 3,247
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →