Studio · 466 sqftSafeer Tower 2, Business Bay · 7th floor · completed 2017

714, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 810K10 July 2017
Current rentAED 58K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Safeer Tower 2

What is 714 worth today?

Last sold for AED 809,711 in 2017

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15 Apr 2025RentedNew contract
AED 58,000/yr12 months · AED 122 per sqft
15 May 2018RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
10 Jul 2017Sold by developerOff-plan
AED 809,711AED 1,738 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
7th of 15
Parking
B1-1
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 810K · July 2017

About 714, Safeer Tower 2

714 is a studio of 466 sqft on the 7th 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 10 July 2017 for AED 809,711, or AED 1,738 per sqft, 4% below the AED 1,803 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 15 April 2025, is AED 58,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 7,900 a year.

Sales and rents for 714 over time

Sales
Unit 714, 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, July 2017: AED 809,711 (AED 1,738 per sqft)

714 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 714, each contractTypical studio in Safeer Tower 2
40K60K2018202120242027Typical 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, May 2018: AED 48,000 a yearNew contract, April 2025: AED 58,000 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 714 sits

All 102 studios →

714 last sold in July 2017 at AED 1,738 per sqft, 4% 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. 714's AED 58,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Sep 2026700,000
3 Jul 2026660,000
11 Jun 2026662,700
5 Jun 2026615,000
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
703StudioAED 660K · Jul 2026
704StudioAED 675K · Jan 2026
705StudioAED 791K · May 2016
706StudioAED 767K · May 2016
707StudioAED 600K · Feb 2025
1–7 of 15

714, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 10 July 2017 for AED 809,711, or AED 1,738 per sqft.
  • Rented since May 2018 on 2 Ejari contracts, from AED 48,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2017 price is 7.2%, 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 15 April 2025.

Questions about 714, Safeer Tower 2

What did unit 714 last sell for?

AED 809,711 on 10 July 2017, sold by the developer: AED 1,738 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 58,000 a year on the contract signed on 15 April 2025. The previous contract, from May 2018, was AED 48,000.

How big is unit 714?

466 sqft (43.3 sqm): a studio on the 7th floor of a 15-storey tower completed in 2017.

What is unit 714 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 714, Safeer Tower 2

Starts from the last sale price (AED 810K, 10 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 809,711
Deposit, UAE resident (20%)
AED 161,942
Deposit, non-resident (40%)
AED 323,884
Monthly over 25 years at 3.7%
AED 3,313

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