Studio · 476 sqftSafeer Tower 2, Business Bay · 9th floor · completed 2017

906, Safeer Tower 2

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 8 October 2025
Last soldAED 660K29 February 2024
Current rentAED 60K /yr8 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Safeer Tower 2

What is 906 worth today?

Last sold for AED 660,000 in 2024

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8 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 126 per sqft
1 Apr 2025RentedRenewal
AED 61,500/yr12 months · AED 129 per sqft
1 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
29 Feb 2024SoldReady
AED 660,000AED 1,386 per sqft
20 Jun 2022RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
1 May 2019RentedNew contract
AED 47,000/yr12 months · AED 99 per sqft
1 Dec 2017RentedNew contract
AED 53,000/yr12 months · AED 112 per sqft
4 Aug 2015Sold by developerOff-plan
AED 852,327AED 1,830 per sqft

Source: Dubai Land Department. Updated 8 October 2025.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
9th of 15
Parking
B1-19
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,000 /yr
Last sold
AED 660K · February 2024

About 906, Safeer Tower 2

906 is a studio of 476 sqft on the 9th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 29 February 2024 for AED 660,000, or AED 1,386 per sqft, 28% above the AED 1,083 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 8 October 2025, is AED 60,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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 852,327 (AED 1,830 per sqft)Sold, February 2024: AED 660,000 (AED 1,386 per sqft)

906 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 906, each contractTypical studio in Safeer Tower 2
40K60K2017202020232026Typical 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, December 2017: AED 53,000 a yearNew contract, May 2019: AED 47,000 a yearNew contract, June 2022: AED 36,000 a yearNew contract, April 2024: AED 65,000 a yearRenewal, April 2025: AED 61,500 a yearNew contract, October 2025: AED 60,000 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 906 sits

All 102 studios →

906 last sold in February 2024 at AED 1,386 per sqft, 28% above what studios in Safeer Tower 2 were fetching at the time (AED 1,083). 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. 906's AED 60,000 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
904StudioAED 576K · Oct 2018
905StudioAED 879K · Jun 2015
907StudioAED 470K · Sep 2022
9081-bedAED 617K · Nov 2020
1–7 of 15

906, Safeer Tower 2 in numbers

  • Sold twice: first on 4 August 2015 for AED 852,327, last on 29 February 2024 for AED 660,000 (AED 1,386 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 36,000 in 2022 and recovered to AED 60,000 by October 2025.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 8,000 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 8 October 2025.

Questions about 906, Safeer Tower 2

What did unit 906 last sell for?

AED 660,000 on 29 February 2024: AED 1,386 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 852,327 in August 2015.

What is the rent for unit 906?

AED 60,000 a year on the contract signed on 8 October 2025. The previous contract, from April 2025, was AED 61,500; the unit has been rented since December 2017.

How big is unit 906?

476 sqft (44.2 sqm): a studio on the 9th floor of a 15-storey tower completed in 2017.

What is unit 906 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 906, Safeer Tower 2

Starts from the last sale price (AED 660K, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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