Studio · 483 sqftSafeer Tower 2, Business Bay · 7th floor · completed 2017

702, Safeer Tower 2

Sold prices and rental history: sold 3 times, last in June 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 11 June 2026
Last soldAED 663K11 June 2026
Current rentAED 45K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Safeer Tower 2

What is 702 worth today?

Last sold for AED 662,700 in 2026

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11 Jun 2026SoldReady
AED 662,700AED 1,372 per sqft
4 Sep 2025SoldReady
AED 670,000AED 1,387 per sqft
25 Jan 2023RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
15 Jan 2022RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
15 Jan 2021RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
15 Jan 2020RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
25 Feb 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
24 Apr 2017Sold by developerOff-plan
AED 883,063AED 1,829 per sqft

Source: Dubai Land Department. Updated 11 June 2026.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
7th of 15
Parking
B1-40
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 663K · June 2026

About 702, Safeer Tower 2

702 is a studio of 483 sqft on the 7th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 11 June 2026 for AED 662,700, or AED 1,372 per sqft, 3% below the AED 1,418 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 January 2023, is AED 45,000 a year: a gross yield of 6.8% on the 2026 price, before the service charge of about AED 8,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Safeer Tower 2
600K800K20152018202120242027Typical 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, April 2017: AED 883,063 (AED 1,829 per sqft)Sold, September 2025: AED 670,000 (AED 1,387 per sqft)Sold, June 2026: AED 662,700 (AED 1,372 per sqft)

702 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 702, 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, February 2018: AED 50,000 a yearNew contract, January 2020: AED 36,000 a yearRenewal, January 2021: AED 32,000 a yearRenewal, January 2022: AED 32,000 a yearNew contract, January 2023: AED 45,000 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 702 sits

All 102 studios →

702 last sold in June 2026 at AED 1,372 per sqft, 3% below what studios in Safeer Tower 2 were fetching at the time (AED 1,418). 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. 702's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Sep 2026700,000
3 Jul 2026660,000
5 Jun 2026615,000
8 Jan 2026675,000
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 7th floor

All 178 units in Safeer Tower 2
Value
7011-bedAED 917K · Mar 2018
703StudioAED 660K · Jul 2026
704StudioAED 675K · Jan 2026
705StudioAED 791K · May 2016
706StudioAED 767K · May 2016
707StudioAED 600K · Feb 2025
7081-bedAED 617K · Nov 2020
1–7 of 15

702, Safeer Tower 2 in numbers

  • Sold 3 times: first on 24 April 2017 for AED 883,063, last on 11 June 2026 for AED 662,700 (AED 1,372 per sqft).
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2022 and recovered to AED 45,000 by January 2023.
  • At AED 45,000 a year the gross yield on the 2026 price is 6.8%, 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 11 June 2026.

Questions about 702, Safeer Tower 2

What did unit 702 last sell for?

AED 662,700 on 11 June 2026: AED 1,372 per sqft for 483 sqft. The unit has 3 registered sales; the first was AED 883,063 in April 2017.

What is the rent for unit 702?

AED 45,000 a year on the contract signed on 25 January 2023. The previous contract, from January 2022, was AED 32,000; the unit has been rented since February 2018.

How big is unit 702?

483 sqft (44.9 sqm): a studio on the 7th floor of a 15-storey tower completed in 2017.

What is unit 702 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 702, Safeer Tower 2

Starts from the last sale price (AED 663K, 11 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 662,700
Deposit, UAE resident (20%)
AED 132,540
Deposit, non-resident (40%)
AED 265,080
Monthly over 25 years at 3.7%
AED 2,711

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