480 sqftSafeer Tower 2, Business Bay · 5th floor · completed 2017

512, Safeer Tower 2

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

Unit 512 · DLD and Ejari recordsUpdated 17 November 2025
Last soldAED 750K17 November 2025
Current rentAED 50K /yr10 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Safeer Tower 2

What is 512 worth today?

Last sold for AED 750,000 in 2025

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17 Nov 2025SoldReady
AED 750,000AED 1,563 per sqft
10 Nov 2023RentedNew contract
AED 50,000/yr12 months · AED 104 per sqft
1 Nov 2022RentedNew contract
AED 42,000/yr12 months · AED 88 per sqft
5 Apr 2018RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
13 Nov 2017Sold by developerOff-plan
AED 718,824AED 1,498 per sqft

Source: Dubai Land Department. Updated 17 November 2025.

Key facts

Type
Apartment
Size
480 sqft
Floor
5th of 15
Parking
B2-32
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 750K · November 2025

About 512, Safeer Tower 2

512 is an apartment of 480 sqft on the 5th 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 1,563 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 10 November 2023, is AED 50,000 a year: a gross yield of 6.7% 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 5th floor

All 178 units in Safeer Tower 2
Value
5011-bedAED 500K · Jul 2020
502StudioAED 866K · Feb 2016
503StudioAED 630K · Mar 2024
504StudioAED 500K · Sep 2023
505StudioAED 500K · Sep 2023
506StudioAED 835K · Feb 2016
507StudioAED 500K · Sep 2023
1–7 of 15

512, Safeer Tower 2 in numbers

  • Sold twice: first on 13 November 2017 for AED 718,824, last on 17 November 2025 for AED 750,000 (AED 1,563 per sqft).
  • Rented since April 2018 on 3 Ejari contracts, from AED 45,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 6.7%, 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 512, Safeer Tower 2

What did unit 512 last sell for?

AED 750,000 on 17 November 2025: AED 1,563 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 718,824 in November 2017.

What is the rent for unit 512?

AED 50,000 a year on the contract signed on 10 November 2023. The previous contract, from November 2022, was AED 42,000; the unit has been rented since April 2018.

How big is unit 512?

480 sqft (44.6 sqm): an apartment on the 5th floor of a 15-storey tower completed in 2017.

What is unit 512 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 512, 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 →