716, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Safeer Tower 2
What is 716 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 October 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,029 sqft
- Floor
- 7th of 15
- Parking
- B2-76
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 17,400 /yr
- Last sold
- AED 617K · November 2020
- Building
- Safeer Tower 2
About 716, Safeer Tower 2
716 is a one-bedroom apartment of 1,029 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 8 November 2020 for AED 617,226, or AED 600 per sqft, in line with the AED 600 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 October 2021, is AED 45,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 17,400 a year.
Sales and rents for 716 over time
716 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Safeer Tower 2, and where 716 sits
All 54 1-beds →716 last sold in November 2020 at AED 600 per sqft, in line with what one-beds in Safeer Tower 2 were fetching at the time (AED 600). Over the last 12 months one-beds sold for AED 950,000 to 1,200,000, around AED 1,095 per sqft, and rent for AED 57,960 to 96,000 a year. 716's AED 45,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 May 202611 May 2026 | 1,029 sqft | 1,200,000 | 1,166 | ||
| 19 Nov 202519 November 2025 | 928 sqft | 950,000 | 1,023 | ||
| 22 Jul 202522 July 2025 | 878 sqft | 1,300,000 | 1,480 | ||
| 15 May 202515 May 2025 | 878 sqft | 900,000 | 1,025 |
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 | |
| 715 | Studio | 491 sqft | AED 590KAED 589,776 · Oct 2018October 2018 | 59,000 /yr |
716, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 8 November 2020 for AED 617,226, or AED 600 per sqft.
- Rented since July 2018 on 3 Ejari contracts, from AED 70,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 17,400 a year (AED 16.87 per sqft).
- One-beds in Safeer Tower 2 sold for AED 950,000–1,200,000 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 1 October 2021.
Questions about 716, Safeer Tower 2
What did unit 716 last sell for?
AED 617,226 on 8 November 2020, sold by the developer: AED 600 per sqft for 1,029 sqft. It is the only registered sale of the unit.
What is the rent for unit 716?
AED 45,000 a year on the contract signed on 1 October 2021. The previous contract, from August 2020, was AED 43,000; the unit has been rented since July 2018.
How big is unit 716?
1,029 sqft (95.6 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2017.
What is unit 716 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safeer Tower 2 sold for AED 950,000 to 1,200,000 in the last 12 months, around AED 1,095 per sqft.
Selling 716? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 716, Safeer Tower 2
Starts from the last sale price (AED 617K, 8 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 617,226
- Deposit, UAE resident (20%)
- AED 123,445
- Deposit, non-resident (40%)
- AED 246,890
- Monthly over 25 years at 3.7%
- AED 2,525
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →