711, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 711, Safeer Tower 2
What is 711 worth today?
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Source: Dubai Land Department. Updated 27 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 483 sqft
- Floor
- 7th of 15
- Parking
- B1-47
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 579K · October 2018
- Building
- Safeer Tower 2
About 711, Safeer Tower 2
711 is a studio 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. The developer sold it on 14 October 2018 for AED 579,313, 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 2019 on 7 Ejari contracts. The current contract, renewed on 27 March 2025, is AED 50,715 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 8,100 a year.
Sales and rents for 711 over time
711 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 711 sits
All 89 studios →711 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. 711's AED 50,715 is in the lower 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 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 | |
| 707 | Studio | 491 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 32,000 /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 | |
| 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 |
711, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 14 October 2018 for AED 579,313, or AED 1,199 per sqft.
- Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 28,000 in 2021 and recovered to AED 50,715 by March 2025.
- At AED 50,715 a year the gross yield on the 2018 price is 8.8%, 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 27 March 2025.
Questions about 711, Safeer Tower 2
What did unit 711 last sell for?
AED 579,313 on 14 October 2018, sold by the developer: AED 1,199 per sqft for 483 sqft. It is the only registered sale of the unit.
What is the rent for unit 711?
AED 50,715 a year on the contract renewed on 27 March 2025. The previous contract, from March 2024, was AED 48,300; the unit has been rented since February 2019.
How big is unit 711?
483 sqft (44.9 sqm): a studio on the 7th floor of a 15-storey tower completed in 2017.
What is unit 711 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 711, Safeer Tower 2
Starts from the last sale price (AED 579K, 14 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 579,313
- Deposit, UAE resident (20%)
- AED 115,863
- Deposit, non-resident (40%)
- AED 231,725
- Monthly over 25 years at 3.7%
- AED 2,370
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →