901, 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.
Property timeline for 901, Safeer Tower 2
What is 901 worth today?
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Source: Dubai Land Department. Updated 20 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 878 sqft
- Floor
- 9th of 15
- Parking
- B1-92
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 527K · November 2020
- Building
- Safeer Tower 2
About 901, Safeer Tower 2
901 is a one-bedroom apartment of 878 sqft on the 9th 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 10 November 2020 for AED 526,806, or AED 599 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 4 Ejari contracts. The current contract, signed on 20 May 2022, is AED 52,000 a year: a gross yield of 9.9% on the 2020 price, before the service charge of about AED 14,800 a year.
Sales and rents for 901 over time
901 has sold once; the dashed line is the one-bed median of each year in the building.
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 901 sits
All 54 1-beds →901 last sold in November 2020 at AED 599 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. 901's AED 52,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 May 202611 May 2026 | 1,029 sqft | 1,200,000 | 1,166 | ||
| 19 Nov 202519 November 2025 | 928 sqft | 950,000 | 1,023 | ||
| 22 Jul 202522 July 2025 | 878 sqft | 1,300,000 | 1,480 | ||
| 15 May 202515 May 2025 | 878 sqft | 900,000 | 1,025 |
Safeer Tower 2
Building178 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%
Other units on the 9th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 902 | Studio | 483 sqft | AED 883KAED 883,063 · Nov 2015November 2015 | 60,000 /yr | |
| 903 | Studio | 483 sqft | AED 882KAED 881,684 · Aug 2015August 2015 | 55,000 /yr | |
| 904 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 58,000 /yr | |
| 905 | Studio | 480 sqft | AED 879KAED 878,531 · Jun 2015June 2015 | 50,000 /yr | |
| 906 | Studio | 476 sqft | AED 660KAED 660,000 · Feb 2024February 2024 | 60,000 /yr | |
| 907 | Studio | 491 sqft | AED 470KAED 470,000 · Sep 2022September 2022 | 49,000 /yr | |
| 908 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 114,000 /yr | |
| 909 | 1-bed | 878 sqft | AED 917KAED 916,608 · Jan 2018January 2018 | 75,000 /yr | |
| 910 | Studio | 484 sqft | AED 660KAED 660,000 · May 2025May 2025 | 43,000 /yr | |
| 911 | Studio | 483 sqft | AED 660KAED 660,000 · Apr 2025April 2025 | 50,000 /yr | |
| 912 | Studio | 480 sqft | AED 879KAED 878,531 · Jul 2015July 2015 | 50,610 /yr | |
| 913 | Studio | 480 sqft | AED 879KAED 878,531 · Jul 2015July 2015 | 50,400 /yr | |
| 914 | Studio | 476 sqft | AED 645KAED 645,000 · Aug 2024August 2024 | 48,000 /yr | |
| 915 | Studio | 486 sqft | AED 890KAED 889,959 · Sep 2015September 2015 | 45,540 /yr | |
| 916 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 43,000 /yr |
901, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 10 November 2020 for AED 526,806, or AED 599 per sqft.
- Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2021 and recovered to AED 52,000 by May 2022.
- At AED 52,000 a year the gross yield on the 2020 price is 9.9%, 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 20 May 2022.
Questions about 901, Safeer Tower 2
What did unit 901 last sell for?
AED 526,806 on 10 November 2020, sold by the developer: AED 599 per sqft for 878 sqft. It is the only registered sale of the unit.
What is the rent for unit 901?
AED 52,000 a year on the contract signed on 20 May 2022. The previous contract, from February 2021, was AED 43,000; the unit has been rented since September 2018.
How big is unit 901?
878 sqft (81.6 sqm): a one-bedroom apartment on the 9th floor of a 15-storey tower completed in 2017.
What is unit 901 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 901, Safeer Tower 2
Starts from the last sale price (AED 527K, 10 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 526,806
- Deposit, UAE resident (20%)
- AED 105,361
- Deposit, non-resident (40%)
- AED 210,722
- Monthly over 25 years at 3.7%
- AED 2,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →