Studio · 483 sqftSafeer Tower 2, Business Bay · 8th floor · completed 2017

803, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 882K12 March 2018
Current rentAED 46K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Safeer Tower 2

What is 803 worth today?

Last sold for AED 881,684 in 2018

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10 Aug 2025RentedRenewal
AED 45,540/yr12 months · AED 94 per sqft
10 Aug 2025RentedRenewal
AED 45,540/yr12 months · AED 94 per sqft
10 Aug 2024RentedRenewal
AED 45,540/yr12 months · AED 94 per sqft
10 Aug 2023RentedRenewal
AED 41,400/yr12 months · AED 85 per sqft
10 Aug 2022RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
5 Aug 2021RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
5 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
12 Mar 2018Sold by developerReady
AED 881,684AED 1,826 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
8th of 15
Parking
B1-4
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 882K · March 2018

About 803, Safeer Tower 2

803 is a studio of 483 sqft on the 8th 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 12 March 2018 for AED 881,684, or AED 1,826 per sqft, in line with the AED 1,784 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 10 August 2025, is AED 45,540 a year: a gross yield of 5.2% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, March 2018: AED 881,684 (AED 1,826 per sqft)

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

Rents
Unit 803, 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, August 2020: AED 32,000 a yearRenewal, August 2021: AED 32,000 a yearNew contract, August 2022: AED 36,000 a yearRenewal, August 2023: AED 41,400 a yearRenewal, August 2024: AED 45,540 a yearRenewal, August 2025: AED 45,540 a yearRenewal, August 2025: AED 45,540 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 803 sits

All 89 studios →

803 last sold in March 2018 at AED 1,826 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,784). 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. 803's AED 45,540 is at the bottom 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 8th floor

All 178 units in Safeer Tower 2
Value
612AED 750K · Nov 2025
8011-bedAED 1M · Jan 2024
802AED 680K · Sep 2025
804StudioAED 882K · Jun 2017
805StudioAED 879K · Mar 2018
806StudioAED 767K · May 2016
807StudioAED 860K · Apr 2017
1–7 of 15

803, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 12 March 2018 for AED 881,684, or AED 1,826 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 32,000 to AED 45,540 a year.
  • At AED 45,540 a year the gross yield on the 2018 price is 5.2%, 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 803, Safeer Tower 2

What did unit 803 last sell for?

AED 881,684 on 12 March 2018, sold by the developer: AED 1,826 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 45,540 a year on the contract renewed on 10 August 2025. The previous contract, from August 2025, was AED 45,540; the unit has been rented since August 2020.

How big is unit 803?

483 sqft (44.9 sqm): a studio on the 8th floor of a 15-storey tower completed in 2017.

What is unit 803 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 803, Safeer Tower 2

Starts from the last sale price (AED 882K, 12 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 881,684
Deposit, UAE resident (20%)
AED 176,337
Deposit, non-resident (40%)
AED 352,674
Monthly over 25 years at 3.7%
AED 3,607

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