1-bed · 878 sqftSafeer Tower 2, Business Bay · 9th floor · completed 2017

909, Safeer Tower 2

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

Unit 909 · DLD and Ejari recordsUpdated 29 October 2023
Last soldAED 917K18 January 2018
Current rentAED 75K /yr29 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Safeer Tower 2

What is 909 worth today?

Last sold for AED 916,608 in 2018

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29 Oct 2023RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
29 Oct 2022RentedNew contract
AED 63,000/yr12 months · AED 72 per sqft
20 Oct 2019RentedNew contract
AED 53,000/yr12 months · AED 60 per sqft
3 Sep 2018RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
18 Jan 2018Sold by developerReady
AED 916,608AED 1,043 per sqft

Source: Dubai Land Department. Updated 29 October 2023.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
9th of 15
Parking
B1-50
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 14,800 /yr
Last sold
AED 917K · January 2018

About 909, Safeer Tower 2

909 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 18 January 2018 for AED 916,608, or AED 1,043 per sqft, 21% below the AED 1,313 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 29 October 2023, is AED 75,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 14,800 a year.

Sales and rents for 909 over time

Sales
Unit 909, each saleTypical one-bed in Safeer Tower 2
500K1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,391,200; 2016 AED 1,391,200; 2017 AED 1,265,793; 2018 AED 971,903; 2020 AED 617,226; 2024 AED 920,000; 2025 AED 1,010,000Sold by developer, January 2018: AED 916,608 (AED 1,043 per sqft)

909 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 909, each contractTypical one-bed in Safeer Tower 2
40K60K80K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,850; 2024 AED 70,000; 2025 AED 66,924; 2026 AED 68,000New contract, September 2018: AED 60,000 a yearNew contract, October 2019: AED 53,000 a yearNew contract, October 2022: AED 63,000 a yearRenewal, October 2023: AED 75,000 a year

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 909 sits

All 54 1-beds →

909 last sold in January 2018 at AED 1,043 per sqft, 21% below what one-beds in Safeer Tower 2 were fetching at the time (AED 1,313). 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. 909's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 May 20261,200,000
19 Nov 2025950,000
22 Jul 20251,300,000
15 May 2025900,000
2 1-bed 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
906StudioAED 660K · Feb 2024
907StudioAED 470K · Sep 2022
1–7 of 15

909, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 18 January 2018 for AED 916,608, or AED 1,043 per sqft.
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 53,000 in 2019 and recovered to AED 75,000 by October 2023.
  • At AED 75,000 a year the gross yield on the 2018 price is 8.2%, 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 29 October 2023.

Questions about 909, Safeer Tower 2

What did unit 909 last sell for?

AED 916,608 on 18 January 2018, sold by the developer: AED 1,043 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 909?

AED 75,000 a year on the contract renewed on 29 October 2023. The previous contract, from October 2022, was AED 63,000; the unit has been rented since September 2018.

How big is unit 909?

878 sqft (81.6 sqm): a one-bedroom apartment on the 9th floor of a 15-storey tower completed in 2017.

What is unit 909 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 909, Safeer Tower 2

Starts from the last sale price (AED 917K, 18 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 916,608
Deposit, UAE resident (20%)
AED 183,322
Deposit, non-resident (40%)
AED 366,643
Monthly over 25 years at 3.7%
AED 3,750

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