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

809, Safeer Tower 2

Sold prices and rental history: sold twice, last in September 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 570K12 September 2022
Current rentAED 68K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 809, Safeer Tower 2

What is 809 worth today?

Last sold for AED 570,000 in 2022

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10 Jul 2023RentedNew contract
AED 68,000/yr12 months · AED 77 per sqft
12 Sep 2022SoldReady
AED 570,000AED 649 per sqft
1 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
14 Mar 2018Sold by developerReady
AED 916,608AED 1,043 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
8th of 15
Parking
B1-90
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 570K · September 2022
Building
Safeer Tower 2

About 809, Safeer Tower 2

809 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 12 September 2022 for AED 570,000, or AED 649 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 July 2023, is AED 68,000 a year: a gross yield of 11.9% on the 2022 price, before the service charge of about AED 14,800 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, March 2018: AED 916,608 (AED 1,043 per sqft)Sold, September 2022: AED 570,000 (AED 649 per sqft)

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

Rents
Unit 809, 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, February 2019: AED 60,000 a yearNew contract, July 2023: AED 68,000 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 809 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. 809's AED 68,000 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
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

809, Safeer Tower 2 in numbers

  • Sold twice: first on 14 March 2018 for AED 916,608, last on 12 September 2022 for AED 570,000 (AED 649 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 60,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2022 price is 11.9%, 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 10 July 2023.

Questions about 809, Safeer Tower 2

What did unit 809 last sell for?

AED 570,000 on 12 September 2022: AED 649 per sqft for 878 sqft. The unit has 2 registered sales; the first was AED 916,608 in March 2018.

What is the rent for unit 809?

AED 68,000 a year on the contract signed on 10 July 2023. The previous contract, from February 2019, was AED 60,000.

How big is unit 809?

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

What is unit 809 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 809, Safeer Tower 2

Starts from the last sale price (AED 570K, 12 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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