715, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 715, Safeer Tower 2
What is 715 worth today?
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Source: Dubai Land Department. Updated 20 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 7th of 15
- Parking
- B1-2
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 590K · October 2018
- Building
- Safeer Tower 2
About 715, Safeer Tower 2
715 is a studio of 491 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 14 October 2018 for AED 589,776, or AED 1,199 per sqft, in line with the AED 1,223 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 20 September 2025, is AED 59,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 8,300 a year.
Sales and rents for 715 over time
715 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 715 sits
All 102 studios →715 last sold in October 2018 at AED 1,199 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,223). 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. 715's AED 59,000 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 | |
| 704 | Studio | 480 sqft | AED 675KAED 675,000 · Jan 2026January 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 | |
| 716 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 45,000 /yr |
715, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 14 October 2018 for AED 589,776, or AED 1,199 per sqft.
- Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 30,000 in 2021 and recovered to AED 59,000 by September 2025.
- At AED 59,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 8,300 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 20 September 2025.
Questions about 715, Safeer Tower 2
What did unit 715 last sell for?
AED 589,776 on 14 October 2018, sold by the developer: AED 1,199 per sqft for 491 sqft. It is the only registered sale of the unit.
What is the rent for unit 715?
AED 59,000 a year on the contract signed on 20 September 2025. The previous contract, from February 2025, was AED 55,000; the unit has been rented since May 2019.
How big is unit 715?
491 sqft (45.6 sqm): a studio on the 7th floor of a 15-storey tower completed in 2017.
What is unit 715 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 715, Safeer Tower 2
Starts from the last sale price (AED 590K, 14 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 589,776
- Deposit, UAE resident (20%)
- AED 117,955
- Deposit, non-resident (40%)
- AED 235,910
- Monthly over 25 years at 3.7%
- AED 2,413
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →