Studio · 480 sqftSafeer Tower 2, Business Bay · 9th floor · completed 2017

904, Safeer Tower 2

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

Unit 904 · DLD and Ejari recordsUpdated 30 December 2025
Last soldAED 576K14 October 2018
Current rentAED 58K /yr30 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Safeer Tower 2

What is 904 worth today?

Last sold for AED 575,567 in 2018

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30 Dec 2025RentedNew contract
AED 58,000/yr12 months · AED 121 per sqft
7 Nov 2021RentedNew contract
AED 35,000/yr12 months · AED 73 per sqft
1 Oct 2020RentedNew contract
AED 33,000/yr12 months · AED 69 per sqft
13 Apr 2019RentedRenewal
AED 48,000/yr12 months · AED 100 per sqft
14 Oct 2018Sold by developerReady
AED 575,567AED 1,199 per sqft
13 Apr 2018RentedNew contract
AED 55,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 30 December 2025.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
9th of 15
Parking
B1-17
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 576K · October 2018

About 904, Safeer Tower 2

904 is a studio of 480 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 14 October 2018 for AED 575,567, 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 2018 on 5 Ejari contracts. The current contract, signed on 30 December 2025, is AED 58,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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 575,567 (AED 1,199 per sqft)

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

Rents
Unit 904, 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 50,505New contract, April 2018: AED 55,000 a yearRenewal, April 2019: AED 48,000 a yearNew contract, October 2020: AED 33,000 a yearNew contract, November 2021: AED 35,000 a yearNew contract, December 2025: AED 58,000 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 904 sits

All 102 studios →

904 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. 904's AED 58,000 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
903StudioAED 882K · Aug 2015
905StudioAED 879K · Jun 2015
906StudioAED 660K · Feb 2024
907StudioAED 470K · Sep 2022
9081-bedAED 617K · Nov 2020
1–7 of 15

904, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 14 October 2018 for AED 575,567, or AED 1,199 per sqft.
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 33,000 in 2020 and recovered to AED 58,000 by December 2025.
  • At AED 58,000 a year the gross yield on the 2018 price is 10.1%, 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 30 December 2025.

Questions about 904, Safeer Tower 2

What did unit 904 last sell for?

AED 575,567 on 14 October 2018, sold by the developer: AED 1,199 per sqft for 480 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 58,000 a year on the contract signed on 30 December 2025. The previous contract, from November 2021, was AED 35,000; the unit has been rented since April 2018.

How big is unit 904?

480 sqft (44.6 sqm): a studio on the 9th floor of a 15-storey tower completed in 2017.

What is unit 904 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 904, Safeer Tower 2

Starts from the last sale price (AED 576K, 14 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 575,567
Deposit, UAE resident (20%)
AED 115,113
Deposit, non-resident (40%)
AED 230,227
Monthly over 25 years at 3.7%
AED 2,355

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