483 sqftSafeer Tower 2, Business Bay · 6th floor · completed 2017

511, 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 511 · DLD and Ejari recordsUpdated 17 November 2025
Last soldAED 750K17 November 2025
Current rentAED 45K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Safeer Tower 2

What is 511 worth today?

Last sold for AED 750,000 in 2025

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17 Nov 2025SoldReady
AED 750,000AED 1,553 per sqft
1 Jun 2025RentedRenewal
AED 44,850/yr12 months · AED 93 per sqft
1 Jun 2025RentedRenewal
AED 46,154/yr13 months · AED 95 per sqft
1 Jun 2024RentedRenewal
AED 44,850/yr12 months · AED 93 per sqft
1 Jun 2023RentedRenewal
AED 39,000/yr12 months · AED 81 per sqft
1 Jun 2022RentedRenewal
AED 34,000/yr12 months · AED 70 per sqft
1 Mar 2020RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
6 Feb 2019RentedNew contract
AED 43,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 17 November 2025.

Key facts

Type
Apartment
Size
483 sqft
Floor
6th of 15
Parking
B2-31
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 750K · November 2025

About 511, Safeer Tower 2

511 is an apartment of 483 sqft on the 6th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 17 November 2025 for AED 750,000, or AED 1,553 per sqft.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 44,850 a year: a gross yield of 6.0% 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 6th floor

All 178 units in Safeer Tower 2
Value
6011-bedAED 900K · May 2025
602StudioAED 866K · Mar 2016
603StudioAED 550K · Jun 2023
604StudioAED 576K · Oct 2018
605StudioAED 500K · May 2022
606StudioAED 571K · Oct 2018
607StudioAED 872K · Mar 2016
1–7 of 15

511, Safeer Tower 2 in numbers

  • Sold twice: first on 13 November 2017 for AED 721,403, last on 17 November 2025 for AED 750,000 (AED 1,553 per sqft).
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 58,000 to AED 34,000 in 2022 and recovered to AED 44,850 by June 2025.
  • At AED 44,850 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 8,100 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 17 November 2025.

Questions about 511, Safeer Tower 2

What did unit 511 last sell for?

AED 750,000 on 17 November 2025: AED 1,553 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 721,403 in November 2017.

What is the rent for unit 511?

AED 44,850 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 46,154; the unit has been rented since January 2018.

How big is unit 511?

483 sqft (44.9 sqm): an apartment on the 6th floor of a 15-storey tower completed in 2017.

What is unit 511 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 511, Safeer Tower 2

Starts from the last sale price (AED 750K, 17 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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