206, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Safeer Tower 2
What is 206 worth today?
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Source: Dubai Land Department. Updated 11 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 466 sqft
- Floor
- 2nd of 15
- Parking
- B2-49
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 739K · July 2015
- Building
- Safeer Tower 2
About 206, Safeer Tower 2
206 is a studio of 466 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 14 July 2015 for AED 739,278, or AED 1,587 per sqft, 6% below the AED 1,696 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 11 February 2024, is AED 42,900 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 7,900 a year.
Sales and rents for 206 over time
206 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 206 sits
All 89 studios →206 last sold in July 2015 at AED 1,587 per sqft, 6% below what studios in Safeer Tower 2 were fetching at the time (AED 1,696). 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. 206's AED 42,900 is at the bottom 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 | |
| 202 | Studio | 480 sqft | AED 818KAED 817,740 · Feb 2016February 2016 | 53,100 /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 | |
| 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 |
206, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 14 July 2015 for AED 739,278, or AED 1,587 per sqft.
- Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 48,631 to AED 30,000 in 2021 and recovered to AED 42,900 by February 2024.
- At AED 42,900 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 7,900 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 11 February 2024.
Questions about 206, Safeer Tower 2
What did unit 206 last sell for?
AED 739,278 on 14 July 2015, sold by the developer: AED 1,587 per sqft for 466 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 42,900 a year on the contract renewed on 11 February 2024. The previous contract, from February 2024, was AED 42,900; the unit has been rented since February 2019.
How big is unit 206?
466 sqft (43.3 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2017.
What is unit 206 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 206, Safeer Tower 2
Starts from the last sale price (AED 739K, 14 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 739,278
- Deposit, UAE resident (20%)
- AED 147,856
- Deposit, non-resident (40%)
- AED 295,711
- Monthly over 25 years at 3.7%
- AED 3,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →