483 sqftSafeer Tower 2, Business Bay · 7th floor · completed 2017

702, Safeer Tower 2

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

Unit 702 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 670K4 September 2025
Current rentAED 45K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Safeer Tower 2

What is 702 worth today?

Last sold for AED 670,000 in 2025

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4 Sep 2025SoldReady
AED 670,000AED 1,387 per sqft
25 Jan 2023RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
15 Jan 2022RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
15 Jan 2021RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
15 Jan 2020RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
25 Feb 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
24 Apr 2017Sold by developerOff-plan
AED 883,063AED 1,829 per sqft

Source: Dubai Land Department. Updated 4 September 2025.

Key facts

Type
Apartment
Size
483 sqft
Floor
7th of 15
Parking
B1-40
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 670K · September 2025

About 702, Safeer Tower 2

702 is an apartment of 483 sqft on the 7th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 4 September 2025 for AED 670,000, or AED 1,387 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 January 2023, is AED 45,000 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 7th floor

All 178 units in Safeer Tower 2
Value
701AED 917K · Mar 2018
703StudioAED 600K · Feb 2025
704StudioAED 675K · Jan 2026
705StudioAED 791K · May 2016
706StudioAED 767K · May 2016
707StudioAED 600K · Feb 2025
7081-bedAED 617K · Nov 2020
1–7 of 15

702, Safeer Tower 2 in numbers

  • Sold twice: first on 24 April 2017 for AED 883,063, last on 4 September 2025 for AED 670,000 (AED 1,387 per sqft).
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2022 and recovered to AED 45,000 by January 2023.
  • At AED 45,000 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 4 September 2025.

Questions about 702, Safeer Tower 2

What did unit 702 last sell for?

AED 670,000 on 4 September 2025: AED 1,387 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 883,063 in April 2017.

What is the rent for unit 702?

AED 45,000 a year on the contract signed on 25 January 2023. The previous contract, from January 2022, was AED 32,000; the unit has been rented since February 2018.

How big is unit 702?

483 sqft (44.9 sqm): an apartment on the 7th floor of a 15-storey tower completed in 2017.

What is unit 702 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 702, Safeer Tower 2

Starts from the last sale price (AED 670K, 4 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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