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

703, Safeer Tower 2

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

Unit 703 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 660K3 July 2026
Current rentAED 55K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Safeer Tower 2

What is 703 worth today?

Last sold for AED 660,000 in 2026

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30 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
3 Jul 2026SoldReady
AED 660,000AED 1,367 per sqft
20 Feb 2025SoldReady
AED 600,000AED 1,242 per sqft
15 Jul 2020RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
1 Mar 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
24 Apr 2017Sold by developerOff-plan
AED 881,684AED 1,826 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
7th of 15
Parking
B1-41
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 660K · July 2026

About 703, Safeer Tower 2

703 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 3 July 2026 for AED 660,000, or AED 1,367 per sqft, in line with the AED 1,408 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 30 September 2026, is AED 55,000 a year: a gross yield of 8.3% on the 2026 price, before the service charge of about AED 8,100 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in Safeer Tower 2
600K800K2015201920232027Typical 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 881,684 (AED 1,826 per sqft)Sold, February 2025: AED 600,000 (AED 1,242 per sqft)Sold, July 2026: AED 660,000 (AED 1,367 per sqft)

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

Rents
Unit 703, 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, March 2018: AED 50,000 a yearNew contract, July 2020: AED 32,000 a yearNew contract, September 2026: AED 55,000 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 703 sits

All 102 studios →

703 last sold in July 2026 at AED 1,367 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,408). 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. 703's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Sep 2026700,000
11 Jun 2026662,700
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
702StudioAED 663K · Jun 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

703, Safeer Tower 2 in numbers

  • Sold 3 times: first on 24 April 2017 for AED 881,684, last on 3 July 2026 for AED 660,000 (AED 1,367 per sqft).
  • Rented since March 2018 on 3 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2020 and recovered to AED 55,000 by September 2026.
  • At AED 55,000 a year the gross yield on the 2026 price is 8.3%, 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 30 September 2026.

Questions about 703, Safeer Tower 2

What did unit 703 last sell for?

AED 660,000 on 3 July 2026: AED 1,367 per sqft for 483 sqft. The unit has 3 registered sales; the first was AED 881,684 in April 2017.

What is the rent for unit 703?

AED 55,000 a year on the contract signed on 30 September 2026. The previous contract, from July 2020, was AED 32,000; the unit has been rented since March 2018.

How big is unit 703?

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

What is unit 703 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 703, Safeer Tower 2

Starts from the last sale price (AED 660K, 3 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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