1-bed · 878 sqftSafeer Tower 2, Business Bay · 8th floor · completed 2017

801, Safeer Tower 2

Sold prices and rental history: sold twice, last in January 2024, and rented once, from July 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 4 January 2024
Last soldAED 1M4 January 2024
Current rentAED 70K /yr15 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Safeer Tower 2

What is 801 worth today?

Last sold for AED 1,000,000 in 2024

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4 Jan 2024SoldReady
AED 1,000,000AED 1,138 per sqft
23 Jul 2020Sold by developerReady
AED 600,000AED 683 per sqft
15 Jul 2018RentedNew contract
AED 70,000/yr24 months · AED 80 per sqft

Source: Dubai Land Department. Updated 4 January 2024.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
8th of 15
Parking
B2-77
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 1M · January 2024

About 801, Safeer Tower 2

801 is a one-bedroom apartment of 878 sqft on the 8th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 4 January 2024 for AED 1,000,000, or AED 1,138 per sqft.

One Ejari contract is registered, from 15 July 2018. The current contract, signed on 15 July 2018, is AED 70,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical one-bed in Safeer Tower 2
500K1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,391,200; 2016 AED 1,391,200; 2017 AED 1,265,793; 2018 AED 971,903; 2020 AED 617,226; 2024 AED 920,000; 2025 AED 1,010,000Sold by developer, July 2020: AED 600,000 (AED 683 per sqft)Sold, January 2024: AED 1,000,000 (AED 1,138 per sqft)

801 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 801, each contractTypical one-bed in Safeer Tower 2
60K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,850; 2024 AED 70,000; 2025 AED 66,924; 2026 AED 68,000New contract, July 2018: AED 70,000 a year

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 801 sits

All 54 1-beds →

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. 801's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 May 20261,200,000
19 Nov 2025950,000
22 Jul 20251,300,000
15 May 2025900,000
2 1-bed 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 8th floor

All 178 units in Safeer Tower 2
Value
802StudioAED 680K · Sep 2025
803StudioAED 882K · Mar 2018
804StudioAED 882K · Jun 2017
805StudioAED 879K · Mar 2018
806StudioAED 767K · May 2016
807StudioAED 860K · Apr 2017
8081-bedAED 617K · Nov 2020
1–7 of 15

801, Safeer Tower 2 in numbers

  • Sold twice: first on 23 July 2020 for AED 600,000, last on 4 January 2024 for AED 1,000,000 (AED 1,138 per sqft).
  • Rented since July 2018 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 14,800 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 4 January 2024.

Questions about 801, Safeer Tower 2

What did unit 801 last sell for?

AED 1,000,000 on 4 January 2024: AED 1,138 per sqft for 878 sqft. The unit has 2 registered sales; the first was AED 600,000 in July 2020.

What is the rent for unit 801?

AED 70,000 a year on the contract signed on 15 July 2018.

How big is unit 801?

878 sqft (81.6 sqm): a one-bedroom apartment on the 8th floor of a 15-storey tower completed in 2017.

What is unit 801 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.

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Mortgage on 801, Safeer Tower 2

Starts from the last sale price (AED 1M, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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