480 sqftSafeer Tower 2, Business Bay · 4th floor · completed 2017

412, Safeer Tower 2

Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 19 November 2025
Last soldAED 685K19 November 2025
Current rentAED 36K /yr28 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Safeer Tower 2

What is 412 worth today?

Last sold for AED 685,000 in 2025

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19 Nov 2025SoldReady
AED 685,000AED 1,428 per sqft
28 May 2022RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
21 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 62 per sqft
21 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
11 Apr 2019RentedRenewal
AED 45,000/yr12 months · AED 93 per sqft
11 Apr 2018RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
30 Dec 2015Sold by developerOff-plan
AED 861,060AED 1,795 per sqft

Source: Dubai Land Department. Updated 19 November 2025.

Key facts

Type
Apartment
Size
480 sqft
Floor
4th of 15
Parking
B2-20
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 685K · November 2025

About 412, Safeer Tower 2

412 is an apartment of 480 sqft on the 4th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 19 November 2025 for AED 685,000, or AED 1,428 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 28 May 2022, is AED 36,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 8,100 a year.

Safeer Tower 2

Building

178 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%
Safeer Tower 2, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 178 units in Safeer Tower 2
Value
4011-bedAED 1.27M · Mar 2016
402StudioAED 520K · Jun 2023
403StudioAED 591K · Jul 2018
404AED 650K · Aug 2025
405StudioAED 624K · Oct 2018
406StudioAED 835K · Dec 2015
407StudioAED 872K · Sep 2015
1–7 of 15

412, Safeer Tower 2 in numbers

  • Sold twice: first on 30 December 2015 for AED 861,060, last on 19 November 2025 for AED 685,000 (AED 1,428 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2020 and recovered to AED 36,000 by May 2022.
  • At AED 36,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 8,100 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 19 November 2025.

Questions about 412, Safeer Tower 2

What did unit 412 last sell for?

AED 685,000 on 19 November 2025: AED 1,428 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 861,060 in December 2015.

What is the rent for unit 412?

AED 36,000 a year on the contract signed on 28 May 2022. The previous contract, from August 2021, was AED 30,000; the unit has been rented since April 2018.

How big is unit 412?

480 sqft (44.6 sqm): an apartment on the 4th floor of a 15-storey tower completed in 2017.

What is unit 412 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 412, Safeer Tower 2

Starts from the last sale price (AED 685K, 19 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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