Studio · 491 sqftSafeer Tower 2, Business Bay · 8th floor · completed 2017

815, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 815 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 590K14 October 2018
Current rentAED 57K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 815, Safeer Tower 2

What is 815 worth today?

Last sold for AED 589,776 in 2018

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1 Apr 2026RentedNew contract
AED 57,000/yr12 months · AED 116 per sqft
27 Feb 2025RentedNew contract
AED 54,000/yr12 months · AED 110 per sqft
4 Aug 2024RentedNew contract
AED 49,500/yr12 months · AED 101 per sqft
4 Aug 2023RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
1 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
5 May 2021RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
7 Mar 2020RentedRenewal
AED 43,000/yr12 months · AED 87 per sqft
7 Mar 2019RentedRenewal
AED 48,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
8th of 15
Parking
B1-14
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 590K · October 2018

About 815, Safeer Tower 2

815 is a studio of 491 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 14 October 2018 for AED 589,776, or AED 1,199 per sqft, in line with the AED 1,223 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 April 2026, is AED 57,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 8,300 a year.

Sales and rents for 815 over time

Sales
Unit 815, 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, October 2018: AED 589,776 (AED 1,199 per sqft)

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

Rents
Unit 815, each contractTypical studio in Safeer Tower 2
40K60K2018202120242027Typical 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 50,505Renewal, March 2019: AED 48,000 a yearRenewal, March 2020: AED 43,000 a yearNew contract, May 2021: AED 28,000 a yearNew contract, July 2022: AED 40,000 a yearNew contract, August 2023: AED 45,000 a yearNew contract, August 2024: AED 49,500 a yearNew contract, February 2025: AED 54,000 a yearNew contract, April 2026: AED 57,000 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 815 sits

All 102 studios →

815 last sold in October 2018 at AED 1,199 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,223). 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. 815's AED 57,000 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
804StudioAED 882K · Jun 2017
805StudioAED 879K · Mar 2018
806StudioAED 767K · May 2016
807StudioAED 860K · Apr 2017
1–7 of 15

815, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 14 October 2018 for AED 589,776, or AED 1,199 per sqft.
  • Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2021 and recovered to AED 57,000 by April 2026.
  • At AED 57,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 8,300 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 1 April 2026.

Questions about 815, Safeer Tower 2

What did unit 815 last sell for?

AED 589,776 on 14 October 2018, sold by the developer: AED 1,199 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 815?

AED 57,000 a year on the contract signed on 1 April 2026. The previous contract, from February 2025, was AED 54,000; the unit has been rented since March 2019.

How big is unit 815?

491 sqft (45.6 sqm): a studio on the 8th floor of a 15-storey tower completed in 2017.

What is unit 815 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 815, Safeer Tower 2

Starts from the last sale price (AED 590K, 14 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 589,776
Deposit, UAE resident (20%)
AED 117,955
Deposit, non-resident (40%)
AED 235,910
Monthly over 25 years at 3.7%
AED 2,413

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