315, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in September 2015, 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 315, Safeer Tower 2
What is 315 worth today?
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Source: Dubai Land Department. Updated 20 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 484 sqft
- Floor
- 3rd of 15
- Parking
- B2-11
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,200 /yr
- Last sold
- AED 872K · September 2015
- Building
- Safeer Tower 2
About 315, Safeer Tower 2
315 is a studio of 484 sqft on the 3rd 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 8 September 2015 for AED 872,261, or AED 1,802 per sqft, in line with the AED 1,802 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 42,000 a year: a gross yield of 4.8% on the 2015 price, before the service charge of about AED 8,200 a year.
Sales and rents for 315 over time
315 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 315 sits
All 89 studios →315 last sold in September 2015 at AED 1,802 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,802). 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. 315's AED 42,000 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 3rd floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 878 sqft | AED 527KAED 526,806 · Nov 2020November 2020 | 45,000 /yr | |
| 302 | Studio | 480 sqft | AED 866KAED 865,502 · Aug 2016August 2016 | 48,000 /yr | |
| 303 | Studio | 477 sqft | AED 864KAED 864,150 · Aug 2016August 2016 | 52,500 /yr | |
| 304 | Studio | 480 sqft | AED 590KAED 590,000 · Nov 2023November 2023 | 51,000 /yr | |
| 305 | Studio | 480 sqft | AED 624KAED 623,531 · Oct 2018October 2018 | 52,000 /yr | |
| 306 | Studio | 471 sqft | AED 525KAED 525,000 · Nov 2023November 2023 | 32,000 /yr | |
| 307 | Studio | 485 sqft | AED 872KAED 872,261 · Mar 2018March 2018 | 50,000 /yr | |
| 308 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 40,000 /yr | |
| 309 | 1-bed | 878 sqft | AED 1.3MAED 1,300,000 · Jul 2025July 2025 | 62,000 /yr | |
| 310 | 480 sqft | AED 610KAED 610,000 · Sep 2025September 2025 | 44,000 /yr | ||
| 311 | Studio | 477 sqft | AED 573KAED 572,726 · Sep 2018September 2018 | 37,500 /yr | |
| 312 | Studio | 480 sqft | AED 540KAED 540,000 · Oct 2019October 2019 | 47,000 /yr | |
| 313 | Studio | 480 sqft | AED 232KAED 231,500 · Oct 2022October 2022 | 46,000 /yr | |
| 314 | Studio | 471 sqft | AED 670KAED 670,000 · May 2025May 2025 | 52,000 /yr | |
| 316 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 51,750 /yr |
315, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 8 September 2015 for AED 872,261, or AED 1,802 per sqft.
- Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 42,000 by October 2024.
- At AED 42,000 a year the gross yield on the 2015 price is 4.8%, before a service charge of about AED 8,200 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 20 October 2024.
Questions about 315, Safeer Tower 2
What did unit 315 last sell for?
AED 872,261 on 8 September 2015, sold by the developer: AED 1,802 per sqft for 484 sqft. It is the only registered sale of the unit.
What is the rent for unit 315?
AED 42,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 35,000; the unit has been rented since December 2018.
How big is unit 315?
484 sqft (45.0 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.
What is unit 315 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 315, Safeer Tower 2
Starts from the last sale price (AED 872K, 8 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 872,261
- Deposit, UAE resident (20%)
- AED 174,452
- Deposit, non-resident (40%)
- AED 348,904
- Monthly over 25 years at 3.7%
- AED 3,569
Plus AED 41,645 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →