202, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Safeer Tower 2
What is 202 worth today?
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Source: Dubai Land Department. Updated 2 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 2nd of 15
- Parking
- B2-45
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 818K · February 2016
- Building
- Safeer Tower 2
About 202, Safeer Tower 2
202 is a studio of 480 sqft on the 2nd 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 21 February 2016 for AED 817,740, or AED 1,703 per sqft, 5% below the AED 1,794 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 2 July 2025, is AED 53,100 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 8,100 a year.
Sales and rents for 202 over time
202 has sold once; the dashed line is the studio median of each year in the building.
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 202 sits
All 89 studios →202 last sold in February 2016 at AED 1,703 per sqft, 5% below what studios in Safeer Tower 2 were fetching at the time (AED 1,794). Over the last 12 months studios sold for AED 675,000 to 750,000, around AED 1,553 per sqft, and rent for AED 45,540 to 65,000 a year. 202's AED 53,100 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 480 sqft | 675,000 | 1,407 | ||
| 30 May 202530 May 2025 | 484 sqft | 660,000 | 1,364 | ||
| 4 May 20254 May 2025 | 471 sqft | 670,000 | 1,423 | ||
| 30 Apr 202530 April 2025 | 483 sqft | 660,000 | 1,367 |
Safeer Tower 2
Building178 apartments, studios to 4-bed over 15 floors in Business Bay, completed in 2017 by Alseeb Real Estate Development. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,553 Up 18.2%
- Typical sale
- AED 750K
- Typical rent
- AED 61K /yr
- Typical yield
- 6.5%
Other units on the 2nd floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 878 sqft | AED 527KAED 526,806 · Nov 2020November 2020 | 108,000 /yr | |
| 203 | Studio | 477 sqft | AED 816KAED 816,463 · Dec 2015December 2015 | 52,500 /yr | |
| 204 | Studio | 480 sqft | AED 814KAED 813,544 · Oct 2015October 2015 | 60,000 /yr | |
| 205 | Studio | 480 sqft | AED 814KAED 813,544 · Dec 2015December 2015 | 57,000 /yr | |
| 206 | Studio | 466 sqft | AED 739KAED 739,278 · Jul 2015July 2015 | 42,900 /yr | |
| 207 | Studio | 485 sqft | AED 640KAED 640,000 · Mar 2024March 2024 | 41,000 /yr | |
| 208 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 108,000 /yr | |
| 209 | 1-bed | 878 sqft | AED 527KAED 526,872 · Nov 2020November 2020 | 85,000 /yr | |
| 210 | Studio | 480 sqft | AED 818KAED 817,740 · Feb 2016February 2016 | 54,000 /yr | |
| 211 | 477 sqft | AED 628KAED 627,500 · Aug 2025August 2025 | 40,500 /yr | ||
| 212 | Studio | 480 sqft | AED 430KAED 430,000 · Mar 2023March 2023 | 28,000 /yr | |
| 213 | Studio | 480 sqft | AED 660KAED 660,000 · Aug 2024August 2024 | 44,424 /yr | |
| 214 | Studio | 471 sqft | AED 700KAED 700,000 · Jul 2018July 2018 | 48,000 /yr | |
| 215 | Studio | 484 sqft | AED 824KAED 824,126 · Nov 2016November 2016 | 54,000 /yr | |
| 216 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 105,000 /yr |
202, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 21 February 2016 for AED 817,740, or AED 1,703 per sqft.
- Rented since April 2018 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 53,100 by July 2025.
- At AED 53,100 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 8,100 a year (AED 16.87 per sqft).
- Studios in Safeer Tower 2 sold for AED 675,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.
Source: Dubai Land Department. Updated 2 July 2025.
Questions about 202, Safeer Tower 2
What did unit 202 last sell for?
AED 817,740 on 21 February 2016, sold by the developer: AED 1,703 per sqft for 480 sqft. It is the only registered sale of the unit.
What is the rent for unit 202?
AED 53,100 a year on the contract renewed on 2 July 2025. The previous contract, from July 2024, was AED 50,600; the unit has been rented since April 2018.
How big is unit 202?
480 sqft (44.6 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2017.
What is unit 202 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 675,000 to 750,000 in the last 12 months, around AED 1,553 per sqft.
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Mortgage on 202, Safeer Tower 2
Starts from the last sale price (AED 818K, 21 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 817,740
- Deposit, UAE resident (20%)
- AED 163,548
- Deposit, non-resident (40%)
- AED 327,096
- Monthly over 25 years at 3.7%
- AED 3,346
Plus AED 39,355 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →