Studio · 483 sqftSafeer Tower 2, Business Bay · 8th floor · completed 2017

803, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 882K12 March 2018
Current rentAED 96K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Safeer Tower 2

What is 803 worth today?

Last sold for AED 881,684 in 2018

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10 Aug 2026RentedRenewal
AED 96,000/yr12 months · AED 198 per sqft
10 Aug 2026RentedRenewal
AED 47,800/yr12 months · AED 99 per sqft
10 Aug 2025RentedRenewal
AED 45,540/yr12 months · AED 94 per sqft
10 Aug 2024RentedRenewal
AED 45,540/yr12 months · AED 94 per sqft
10 Aug 2023RentedRenewal
AED 41,400/yr12 months · AED 85 per sqft
10 Aug 2022RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
5 Aug 2021RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
5 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
8th of 15
Parking
B1-4
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 882K · March 2018

About 803, Safeer Tower 2

803 is a studio of 483 sqft on the 8th 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 12 March 2018 for AED 881,684, or AED 1,826 per sqft, 7% above the AED 1,705 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 96,000 a year: a gross yield of 10.9% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, March 2018: AED 881,684 (AED 1,826 per sqft)

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

Rents
Unit 803, each contractTypical studio in Safeer Tower 2
50K100K2018202120242027Typical 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, August 2020: AED 32,000 a yearRenewal, August 2021: AED 32,000 a yearNew contract, August 2022: AED 36,000 a yearRenewal, August 2023: AED 41,400 a yearRenewal, August 2024: AED 45,540 a yearRenewal, August 2025: AED 45,540 a yearRenewal, August 2026: AED 96,000 a yearRenewal, August 2026: AED 47,800 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 803 sits

All 102 studios →

803 last sold in March 2018 at AED 1,826 per sqft, 7% above what studios in Safeer Tower 2 were fetching at the time (AED 1,705). 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. 803's AED 96,000 is at the top 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 8th floor

All 178 units in Safeer Tower 2
Value
8011-bedAED 1M · Jan 2024
802StudioAED 680K · Sep 2025
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

803, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 12 March 2018 for AED 881,684, or AED 1,826 per sqft.
  • Rented since August 2020 on 8 Ejari contracts, from AED 32,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2018 price is 10.9%, 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 10 August 2026.

Questions about 803, Safeer Tower 2

What did unit 803 last sell for?

AED 881,684 on 12 March 2018, sold by the developer: AED 1,826 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 96,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2026, was AED 47,800; the unit has been rented since August 2020.

How big is unit 803?

483 sqft (44.9 sqm): a studio on the 8th floor of a 15-storey tower completed in 2017.

What is unit 803 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 803, Safeer Tower 2

Starts from the last sale price (AED 882K, 12 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 881,684
Deposit, UAE resident (20%)
AED 176,337
Deposit, non-resident (40%)
AED 352,674
Monthly over 25 years at 3.7%
AED 3,607

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