Studio · 476 sqftSafeer Tower 2, Business Bay · 6th floor · completed 2017

606, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 571K14 October 2018
Current rentAED 51K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Safeer Tower 2

What is 606 worth today?

Last sold for AED 571,305 in 2018

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10 Apr 2025RentedRenewal
AED 51,185/yr12 months · AED 108 per sqft
10 Apr 2024RentedRenewal
AED 48,750/yr12 months · AED 102 per sqft
10 Apr 2023RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
1 Apr 2022RentedRenewal
AED 38,400/yr12 months · AED 81 per sqft
1 Apr 2021RentedRenewal
AED 32,000/yr12 months · AED 67 per sqft
1 Apr 2020RentedNew contract
AED 38,000/yr12 months · AED 80 per sqft
4 Feb 2019RentedRenewal
AED 47,000/yr12 months · AED 99 per sqft
14 Oct 2018Sold by developerReady
AED 571,305AED 1,199 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
6th of 15
Parking
B2-97
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,000 /yr
Last sold
AED 571K · October 2018

About 606, Safeer Tower 2

606 is a studio of 476 sqft on the 6th 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 14 October 2018 for AED 571,305, or AED 1,199 per sqft, in line with the AED 1,199 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 April 2025, is AED 51,185 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 8,000 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical studio in Safeer Tower 2
600K800K2015201820212024Typical sale price by year: 2015 AED 848,096; 2016 AED 861,060; 2017 AED 852,327; 2018 AED 585,191; 2022 AED 480,000; 2023 AED 500,000; 2024 AED 642,500; 2025 AED 655,000Sold by developer, October 2018: AED 571,305 (AED 1,199 per sqft)

606 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 606, each contractTypical studio in Safeer Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 45,000; 2020 AED 33,500; 2021 AED 31,000; 2022 AED 37,000; 2023 AED 43,700; 2024 AED 49,500; 2025 AED 54,000; 2026 AED 57,000New contract, February 2018: AED 52,000 a yearRenewal, February 2019: AED 47,000 a yearNew contract, April 2020: AED 38,000 a yearRenewal, April 2021: AED 32,000 a yearRenewal, April 2022: AED 38,400 a yearNew contract, April 2023: AED 45,000 a yearRenewal, April 2024: AED 48,750 a yearRenewal, April 2025: AED 51,185 a year

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 606 sits

All 89 studios →

606 last sold in October 2018 at AED 1,199 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,199). 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. 606's AED 51,185 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Jan 2026675,000
30 May 2025660,000
4 May 2025670,000
30 Apr 2025660,000
9 studio sales in the last 12 months

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
511AED 750K · Nov 2025
6011-bedAED 900K · May 2025
602StudioAED 866K · Mar 2016
603StudioAED 550K · Jun 2023
604StudioAED 576K · Oct 2018
605StudioAED 500K · May 2022
607StudioAED 872K · Mar 2016
1–7 of 15

606, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 14 October 2018 for AED 571,305, or AED 1,199 per sqft.
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 32,000 in 2021 and recovered to AED 51,185 by April 2025.
  • At AED 51,185 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 8,000 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 April 2025.

Questions about 606, Safeer Tower 2

What did unit 606 last sell for?

AED 571,305 on 14 October 2018, sold by the developer: AED 1,199 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 51,185 a year on the contract renewed on 10 April 2025. The previous contract, from April 2024, was AED 48,750; the unit has been rented since February 2018.

How big is unit 606?

476 sqft (44.2 sqm): a studio on the 6th floor of a 15-storey tower completed in 2017.

What is unit 606 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 606, Safeer Tower 2

Starts from the last sale price (AED 571K, 14 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 571,305
Deposit, UAE resident (20%)
AED 114,261
Deposit, non-resident (40%)
AED 228,522
Monthly over 25 years at 3.7%
AED 2,337

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