Studio · 480 sqftSafeer Tower 2, Business Bay · 8th floor · completed 2017

804, Safeer Tower 2

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

Unit 804 · DLD and Ejari recordsUpdated 5 November 2026
Last soldAED 882K12 June 2017
Current rentAED 45K /yr5 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Safeer Tower 2

What is 804 worth today?

Last sold for AED 881,500 in 2017

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5 Nov 2026RentedNew contract
AED 45,000/yr12 months · AED 94 per sqft
28 Sep 2023RentedNew contract
AED 53,000/yr12 months · AED 110 per sqft
12 Jul 2022RentedNew contract
AED 42,000/yr12 months · AED 88 per sqft
1 Apr 2020RentedRenewal
AED 46,000/yr12 months · AED 95 per sqft
1 Apr 2019RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
15 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
12 Jun 2017Sold by developerOff-plan
AED 881,500AED 1,837 per sqft

Source: Dubai Land Department. Updated 5 November 2026.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
8th of 15
Parking
B1-5
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 882K · June 2017

About 804, Safeer Tower 2

804 is a studio of 480 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 June 2017 for AED 881,500, or AED 1,837 per sqft, in line with the AED 1,807 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 5 November 2026, is AED 45,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 8,100 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, June 2017: AED 881,500 (AED 1,837 per sqft)

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

Rents
Unit 804, each contractTypical studio in Safeer Tower 2
40K2018202120242027Typical 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, January 2018: AED 55,000 a yearNew contract, April 2019: AED 48,000 a yearRenewal, April 2020: AED 46,000 a yearNew contract, July 2022: AED 42,000 a yearNew contract, September 2023: AED 53,000 a yearNew contract, November 2026: AED 45,000 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 804 sits

All 102 studios →

804 last sold in June 2017 at AED 1,837 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,807). 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. 804's AED 45,000 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 8th floor

All 178 units in Safeer Tower 2
Value
8011-bedAED 1M · Jan 2024
802StudioAED 680K · Sep 2025
803StudioAED 882K · Mar 2018
805StudioAED 879K · Mar 2018
806StudioAED 767K · May 2016
807StudioAED 860K · Apr 2017
8081-bedAED 617K · Nov 2020
1–7 of 15

804, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 12 June 2017 for AED 881,500, or AED 1,837 per sqft.
  • Rented since January 2018 on 6 Ejari contracts, from AED 55,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 5.1%, 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 5 November 2026.

Questions about 804, Safeer Tower 2

What did unit 804 last sell for?

AED 881,500 on 12 June 2017, sold by the developer: AED 1,837 per sqft for 480 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 45,000 a year on the contract signed on 5 November 2026. The previous contract, from September 2023, was AED 53,000; the unit has been rented since January 2018.

How big is unit 804?

480 sqft (44.6 sqm): a studio on the 8th floor of a 15-storey tower completed in 2017.

What is unit 804 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 804, Safeer Tower 2

Starts from the last sale price (AED 882K, 12 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 881,500
Deposit, UAE resident (20%)
AED 176,300
Deposit, non-resident (40%)
AED 352,600
Monthly over 25 years at 3.7%
AED 3,606

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