513, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in July 2018, 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 513, Safeer Tower 2
What is 513 worth today?
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Source: Dubai Land Department. Updated 10 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 5th of 15
- Parking
- B2-33
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 620K · July 2018
- Building
- Safeer Tower 2
About 513, Safeer Tower 2
513 is a studio 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. The developer sold it on 11 July 2018 for AED 619,550, or AED 1,291 per sqft, 21% below the AED 1,643 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 August 2025, is AED 60,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 8,100 a year.
Sales and rents for 513 over time
513 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 513 sits
All 89 studios →513 last sold in July 2018 at AED 1,291 per sqft, 21% below what studios in Safeer Tower 2 were fetching at the time (AED 1,643). 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. 513's AED 60,000 is in the upper half 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 5th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 878 sqft | AED 500KAED 500,000 · Jul 2020July 2020 | 60,000 /yr | |
| 502 | Studio | 483 sqft | AED 866KAED 865,502 · Feb 2016February 2016 | 45,000 /yr | |
| 503 | Studio | 483 sqft | AED 630KAED 630,000 · Mar 2024March 2024 | 55,000 /yr | |
| 504 | Studio | 480 sqft | AED 500KAED 500,000 · Sep 2023September 2023 | 43,700 /yr | |
| 505 | Studio | 480 sqft | AED 500KAED 500,000 · Sep 2023September 2023 | 52,000 /yr | |
| 506 | Studio | 466 sqft | AED 835KAED 835,377 · Feb 2016February 2016 | 45,000 /yr | |
| 507 | Studio | 491 sqft | AED 500KAED 500,000 · Sep 2023September 2023 | 60,000 /yr | |
| 508 | 1-bed | 1,029 sqft | AED 1.07MAED 1,070,000 · Apr 2025April 2025 | 75,000 /yr | |
| 509 | 1-bed | 878 sqft | AED 650KAED 650,000 · Jun 2020June 2020 | 85,000 /yr | |
| 510 | Studio | 484 sqft | AED 866KAED 865,502 · Mar 2016March 2016 | 46,000 /yr | |
| 512 | 480 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 50,000 /yr | ||
| 514 | Studio | 466 sqft | AED 794KAED 793,608 · Jun 2017June 2017 | 50,000 /yr | |
| 515 | Studio | 491 sqft | AED 597KAED 597,148 · Feb 2019February 2019 | 24,933 /yr | |
| 516 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 45,000 /yr | |
| 611 | 483 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 50,000 /yr |
513, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 11 July 2018 for AED 619,550, or AED 1,291 per sqft.
- Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 60,000 by August 2025.
- At AED 60,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 8,100 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 10 August 2025.
Questions about 513, Safeer Tower 2
What did unit 513 last sell for?
AED 619,550 on 11 July 2018, sold by the developer: AED 1,291 per sqft for 480 sqft. It is the only registered sale of the unit.
What is the rent for unit 513?
AED 60,000 a year on the contract renewed on 10 August 2025. The previous contract, from August 2024, was AED 58,000; the unit has been rented since August 2018.
How big is unit 513?
480 sqft (44.6 sqm): a studio on the 5th floor of a 15-storey tower completed in 2017.
What is unit 513 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 513, Safeer Tower 2
Starts from the last sale price (AED 620K, 11 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 619,550
- Deposit, UAE resident (20%)
- AED 123,910
- Deposit, non-resident (40%)
- AED 247,820
- Monthly over 25 years at 3.7%
- AED 2,535
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →