916, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 916, Safeer Tower 2
What is 916 worth today?
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Source: Dubai Land Department. Updated 9 November 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 1,029 sqft
- Floor
- 9th of 15
- Parking
- B1-51
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 17,400 /yr
- Last sold
- AED 617K · November 2020
- Building
- Safeer Tower 2
About 916, Safeer Tower 2
916 is a one-bedroom apartment of 1,029 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 9 November 2020 for AED 617,226, or AED 600 per sqft, in line with the AED 600 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 September 2020, is AED 43,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 17,400 a year.
Sales and rents for 916 over time
916 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 916 sits
All 54 1-beds →916 last sold in November 2020 at AED 600 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. 916's AED 43,000 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 | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 878 sqft | AED 527KAED 526,806 · Nov 2020November 2020 | 52,000 /yr | |
| 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, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 9 November 2020 for AED 617,226, or AED 600 per sqft.
- Rented since August 2018 on 2 Ejari contracts, from AED 70,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 17,400 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 9 November 2020.
Questions about 916, Safeer Tower 2
What did unit 916 last sell for?
AED 617,226 on 9 November 2020, sold by the developer: AED 600 per sqft for 1,029 sqft. It is the only registered sale of the unit.
What is the rent for unit 916?
AED 43,000 a year on the contract signed on 1 September 2020. The previous contract, from August 2018, was AED 70,000.
How big is unit 916?
1,029 sqft (95.6 sqm): a one-bedroom apartment on the 9th floor of a 15-storey tower completed in 2017.
What is unit 916 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 916, Safeer Tower 2
Starts from the last sale price (AED 617K, 9 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 617,226
- Deposit, UAE resident (20%)
- AED 123,445
- Deposit, non-resident (40%)
- AED 246,890
- Monthly over 25 years at 3.7%
- AED 2,525
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →