1-bed · 1,029 sqftSafeer Tower 2, Business Bay · 8th floor · completed 2017

808, Safeer Tower 2

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

Unit 808 · DLD and Ejari recordsUpdated 15 March 2022
Last soldAED 617K9 November 2020
Current rentAED 50K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Safeer Tower 2

What is 808 worth today?

Last sold for AED 617,226 in 2020

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15 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 48 per sqft
1 Mar 2021RentedNew contract
AED 44,000/yr12 months · AED 43 per sqft
9 Nov 2020Sold by developerReady
AED 617,226AED 600 per sqft
1 Mar 2020RentedNew contract
AED 53,000/yr12 months · AED 52 per sqft
1 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 58 per sqft
11 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
11 Jan 2018RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 15 March 2022.

Key facts

Type
1-bed apartment
Size
1,029 sqft
Floor
8th of 15
Parking
B1-89
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 17,400 /yr
Last sold
AED 617K · November 2020

About 808, Safeer Tower 2

808 is a one-bedroom apartment of 1,029 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 9 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 continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 March 2022, is AED 50,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 17,400 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, November 2020: AED 617,226 (AED 600 per sqft)

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

Rents
Unit 808, each contractTypical one-bed in Safeer Tower 2
40K60K80K2018202120242027Typical 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, January 2018: AED 75,000 a yearNew contract, January 2019: AED 75,000 a yearNew contract, October 2019: AED 60,000 a yearNew contract, March 2020: AED 53,000 a yearNew contract, March 2021: AED 44,000 a yearNew contract, March 2022: AED 50,000 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 808 sits

All 54 1-beds →

808 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. 808's AED 50,000 is at the bottom 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
8011-bedAED 1M · Jan 2024
802StudioAED 680K · Sep 2025
803StudioAED 882K · Mar 2018
804StudioAED 882K · Jun 2017
805StudioAED 879K · Mar 2018
806StudioAED 767K · May 2016
807StudioAED 860K · Apr 2017
1–7 of 15

808, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 9 November 2020 for AED 617,226, or AED 600 per sqft.
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 44,000 in 2021 and recovered to AED 50,000 by March 2022.
  • At AED 50,000 a year the gross yield on the 2020 price is 8.1%, 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 15 March 2022.

Questions about 808, Safeer Tower 2

What did unit 808 last sell for?

AED 617,226 on 9 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 808?

AED 50,000 a year on the contract signed on 15 March 2022. The previous contract, from March 2021, was AED 44,000; the unit has been rented since January 2018.

How big is unit 808?

1,029 sqft (95.6 sqm): a one-bedroom apartment on the 8th floor of a 15-storey tower completed in 2017.

What is unit 808 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 808, Safeer Tower 2

Starts from the last sale price (AED 617K, 9 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 →