704, Safeer Tower 2
Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Safeer Tower 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 8 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 7th of 15
- Parking
- B1-42
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 675K · January 2026
- Building
- Safeer Tower 2
About 704, Safeer Tower 2
704 is a studio of 480 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 8 January 2026 for AED 675,000, or AED 1,407 per sqft, in line with the AED 1,407 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 29 January 2024, is AED 55,000 a year: a gross yield of 8.2% on the 2026 price, before the service charge of about AED 8,100 a year.
Sales and rents for 704 over time
704 has sold 3 times; 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 704 sits
All 102 studios →704 last sold in January 2026 at AED 1,407 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,407). 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. 704's AED 55,000 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 7th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 878 sqft | AED 917KAED 916,608 · Mar 2018March 2018 | 55,000 /yr | |
| 702 | Studio | 483 sqft | AED 663KAED 662,700 · Jun 2026June 2026 | 45,000 /yr | |
| 703 | Studio | 483 sqft | AED 660KAED 660,000 · Jul 2026July 2026 | 55,000 /yr | |
| 705 | Studio | 480 sqft | AED 791KAED 790,678 · May 2016May 2016 | 48,070 /yr | |
| 706 | Studio | 466 sqft | AED 767KAED 767,095 · May 2016May 2016 | 30,000 /yr | |
| 707 | Studio | 491 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 32,000 /yr | |
| 708 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 54,000 /yr | |
| 709 | 1-bed | 878 sqft | AED 1.04MAED 1,040,000 · Dec 2017December 2017 | 80,000 /yr | |
| 710 | Studio | 484 sqft | AED 581KAED 580,605 · Oct 2018October 2018 | 49,500 /yr | |
| 711 | Studio | 483 sqft | AED 579KAED 579,313 · Oct 2018October 2018 | 52,000 /yr | |
| 712 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 61,000 /yr | |
| 713 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 51,000 /yr | |
| 714 | Studio | 466 sqft | AED 810KAED 809,711 · Jul 2017July 2017 | 58,000 /yr | |
| 715 | Studio | 491 sqft | AED 590KAED 589,776 · Oct 2018October 2018 | 59,000 /yr | |
| 716 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 45,000 /yr |
704, Safeer Tower 2 in numbers
- Sold 3 times: first on 24 April 2017 for AED 878,531, last on 8 January 2026 for AED 675,000 (AED 1,407 per sqft).
- Rented since March 2021 on 4 Ejari contracts, from AED 32,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2026 price is 8.2%, 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 8 January 2026.
Questions about 704, Safeer Tower 2
What did unit 704 last sell for?
AED 675,000 on 8 January 2026: AED 1,407 per sqft for 480 sqft. The unit has 3 registered sales; the first was AED 878,531 in April 2017.
What is the rent for unit 704?
AED 55,000 a year on the contract signed on 29 January 2024. The previous contract, from March 2023, was AED 38,500; the unit has been rented since March 2021.
How big is unit 704?
480 sqft (44.6 sqm): a studio on the 7th floor of a 15-storey tower completed in 2017.
What is unit 704 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 704, Safeer Tower 2
Starts from the last sale price (AED 675K, 8 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →