804, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in June 2017, 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 804, Safeer Tower 2
What is 804 worth today?
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Source: Dubai Land Department. Updated 28 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 8th of 15
- Parking
- B1-5
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 882K · June 2017
- Building
- Safeer Tower 2
About 804, Safeer Tower 2
804 is a studio of 480 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 June 2017 for AED 881,500, or AED 1,837 per sqft, in line with the AED 1,798 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 28 September 2023, is AED 53,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 8,100 a year.
Sales and rents for 804 over time
804 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 804 sits
All 89 studios →804 last sold in June 2017 at AED 1,837 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,798). 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. 804's AED 53,000 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 8th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 612 | 480 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 60,000 /yr | ||
| 801 | 1-bed | 878 sqft | AED 1MAED 1,000,000 · Jan 2024January 2024 | 70,000 /yr | |
| 802 | 483 sqft | AED 680KAED 680,000 · Sep 2025September 2025 | 33,000 /yr | ||
| 803 | Studio | 483 sqft | AED 882KAED 881,684 · Mar 2018March 2018 | 45,540 /yr | |
| 805 | Studio | 480 sqft | AED 879KAED 878,531 · Mar 2018March 2018 | 46,805 /yr | |
| 806 | Studio | 466 sqft | AED 767KAED 767,095 · May 2016May 2016 | 22,050 /yr | |
| 807 | Studio | 486 sqft | AED 860KAED 860,000 · Apr 2017April 2017 | 45,000 /yr | |
| 808 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 50,000 /yr | |
| 809 | 1-bed | 878 sqft | AED 570KAED 570,000 · Sep 2022September 2022 | 68,000 /yr | |
| 810 | Studio | 484 sqft | AED 581KAED 580,605 · Oct 2018October 2018 | 58,000 /yr | |
| 811 | 483 sqft | AED 750KAED 750,000 · Nov 2025November 2025 | 48,000 /yr | ||
| 812 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 52,500 /yr | |
| 814 | Studio | 466 sqft | AED 852KAED 852,327 · Jan 2017January 2017 | 55,200 /yr | |
| 815 | Studio | 491 sqft | AED 590KAED 589,776 · Oct 2018October 2018 | 54,000 /yr | |
| 816 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 45,000 /yr |
804, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 12 June 2017 for AED 881,500, or AED 1,837 per sqft.
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 42,000 in 2022 and recovered to AED 53,000 by September 2023.
- At AED 53,000 a year the gross yield on the 2017 price is 6.0%, 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 28 September 2023.
Questions about 804, Safeer Tower 2
What did unit 804 last sell for?
AED 881,500 on 12 June 2017, sold by the developer: AED 1,837 per sqft for 480 sqft. It is the only registered sale of the unit.
What is the rent for unit 804?
AED 53,000 a year on the contract signed on 28 September 2023. The previous contract, from July 2022, was AED 42,000; the unit has been rented since January 2018.
How big is unit 804?
480 sqft (44.6 sqm): a studio on the 8th floor of a 15-storey tower completed in 2017.
What is unit 804 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 804, Safeer Tower 2
Starts from the last sale price (AED 882K, 12 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 881,500
- Deposit, UAE resident (20%)
- AED 176,300
- Deposit, non-resident (40%)
- AED 352,600
- Monthly over 25 years at 3.7%
- AED 3,606
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →