707, Safeer Tower 2
Sold prices and rental history: sold twice, last in February 2025, 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 707, Safeer Tower 2
What is 707 worth today?
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Source: Dubai Land Department. Updated 21 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 7th of 15
- Parking
- B1-45
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 600K · February 2025
- Building
- Safeer Tower 2
About 707, Safeer Tower 2
707 is a studio of 491 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 21 February 2025 for AED 600,000, or AED 1,221 per sqft, 6% below the AED 1,304 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 32,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 8,300 a year.
Sales and rents for 707 over time
707 has sold twice; 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 707 sits
All 89 studios →707 last sold in February 2025 at AED 1,221 per sqft, 6% below what studios in Safeer Tower 2 were fetching at the time (AED 1,304). 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. 707's AED 32,000 is at the bottom 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 7th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 878 sqft | AED 917KAED 916,608 · Mar 2018March 2018 | 55,000 /yr | ||
| 702 | 483 sqft | AED 670KAED 670,000 · Sep 2025September 2025 | 45,000 /yr | ||
| 703 | Studio | 483 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 32,000 /yr | |
| 704 | Studio | 480 sqft | AED 675KAED 675,000 · Jan 2026January 2026 | 55,000 /yr | |
| 705 | Studio | 480 sqft | AED 791KAED 790,678 · May 2016May 2016 | 48,070 /yr | |
| 706 | Studio | 466 sqft | AED 767KAED 767,095 · May 2016May 2016 | 30,000 /yr | |
| 708 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 54,000 /yr | |
| 709 | 1-bed | 878 sqft | AED 1.04MAED 1,040,000 · Dec 2017December 2017 | 80,000 /yr | |
| 710 | Studio | 484 sqft | AED 581KAED 580,605 · Oct 2018October 2018 | 49,500 /yr | |
| 711 | Studio | 483 sqft | AED 579KAED 579,313 · Oct 2018October 2018 | 50,715 /yr | |
| 712 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 61,000 /yr | |
| 713 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 51,000 /yr | |
| 714 | Studio | 466 sqft | AED 810KAED 809,711 · Jul 2017July 2017 | 58,000 /yr | |
| 715 | Studio | 491 sqft | AED 590KAED 589,776 · Oct 2018October 2018 | 59,000 /yr | |
| 716 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 45,000 /yr |
707, Safeer Tower 2 in numbers
- Sold twice: first on 24 April 2017 for AED 889,959, last on 21 February 2025 for AED 600,000 (AED 1,221 per sqft).
- Rented since March 2018 on 4 Ejari contracts, from AED 48,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 8,300 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 21 February 2025.
Questions about 707, Safeer Tower 2
What did unit 707 last sell for?
AED 600,000 on 21 February 2025: AED 1,221 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 889,959 in April 2017.
What is the rent for unit 707?
AED 32,000 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 32,000; the unit has been rented since March 2018.
How big is unit 707?
491 sqft (45.6 sqm): a studio on the 7th floor of a 15-storey tower completed in 2017.
What is unit 707 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 707, Safeer Tower 2
Starts from the last sale price (AED 600K, 21 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →