Studio · 483 sqftSafeer Tower 2, Business Bay · 9th floor · completed 2017

903, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 9 March 2026
Last soldAED 882K4 August 2015
Current rentAED 55K /yr9 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Safeer Tower 2

What is 903 worth today?

Last sold for AED 881,684 in 2015

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9 Mar 2026RentedRenewal
AED 55,000/yr12 months · AED 114 per sqft
10 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
10 Mar 2024RentedRenewal
AED 55,000/yr12 months · AED 114 per sqft
10 Mar 2023RentedRenewal
AED 45,000/yr12 months · AED 93 per sqft
10 Mar 2022RentedRenewal
AED 35,000/yr12 months · AED 72 per sqft
10 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
15 Feb 2018RentedNew contract
AED 52,500/yr12 months · AED 108 per sqft
4 Aug 2015Sold by developerOff-plan
AED 881,684AED 1,826 per sqft

Source: Dubai Land Department. Updated 9 March 2026.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
9th of 15
Parking
B1-16
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 882K · August 2015

About 903, Safeer Tower 2

903 is a studio of 483 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 4 August 2015 for AED 881,684, or AED 1,826 per sqft, in line with the AED 1,785 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 9 March 2026, is AED 55,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 8,100 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, August 2015: AED 881,684 (AED 1,826 per sqft)

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

Rents
Unit 903, 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, February 2018: AED 52,500 a yearNew contract, March 2021: AED 30,000 a yearRenewal, March 2022: AED 35,000 a yearRenewal, March 2023: AED 45,000 a yearRenewal, March 2024: AED 55,000 a yearNew contract, March 2025: AED 55,000 a yearRenewal, March 2026: AED 55,000 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 903 sits

All 102 studios →

903 last sold in August 2015 at AED 1,826 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,785). 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. 903's AED 55,000 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 9th floor

All 178 units in Safeer Tower 2
Value
9011-bedAED 527K · Nov 2020
902StudioAED 883K · Nov 2015
904StudioAED 576K · Oct 2018
905StudioAED 879K · Jun 2015
906StudioAED 660K · Feb 2024
907StudioAED 470K · Sep 2022
9081-bedAED 617K · Nov 2020
1–7 of 15

903, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 4 August 2015 for AED 881,684, or AED 1,826 per sqft.
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 52,500 to AED 30,000 in 2021 and recovered to AED 55,000 by March 2026.
  • At AED 55,000 a year the gross yield on the 2015 price is 6.2%, 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 9 March 2026.

Questions about 903, Safeer Tower 2

What did unit 903 last sell for?

AED 881,684 on 4 August 2015, sold by the developer: AED 1,826 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 55,000 a year on the contract renewed on 9 March 2026. The previous contract, from March 2025, was AED 55,000; the unit has been rented since February 2018.

How big is unit 903?

483 sqft (44.9 sqm): a studio on the 9th floor of a 15-storey tower completed in 2017.

What is unit 903 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 903, Safeer Tower 2

Starts from the last sale price (AED 882K, 4 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 881,684
Deposit, UAE resident (20%)
AED 176,337
Deposit, non-resident (40%)
AED 352,674
Monthly over 25 years at 3.7%
AED 3,607

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