903, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in August 2015, 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 903, Safeer Tower 2
What is 903 worth today?
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Source: Dubai Land Department. Updated 10 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 483 sqft
- Floor
- 9th of 15
- Parking
- B1-16
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 882K · August 2015
- Building
- Safeer Tower 2
About 903, Safeer Tower 2
903 is a studio of 483 sqft on the 9th 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 4 August 2015 for AED 881,684, or AED 1,826 per sqft, in line with the AED 1,785 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 March 2025, is AED 55,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 8,100 a year.
Sales and rents for 903 over time
903 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 903 sits
All 89 studios →903 last sold in August 2015 at AED 1,826 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,785). 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. 903's AED 55,000 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 9th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 878 sqft | AED 527KAED 526,806 · Nov 2020November 2020 | 52,000 /yr | |
| 902 | Studio | 483 sqft | AED 883KAED 883,063 · Nov 2015November 2015 | 66,000 /yr | |
| 904 | Studio | 480 sqft | AED 576KAED 575,567 · Oct 2018October 2018 | 58,000 /yr | |
| 905 | Studio | 480 sqft | AED 879KAED 878,531 · Jun 2015June 2015 | 65,000 /yr | |
| 906 | Studio | 476 sqft | AED 660KAED 660,000 · Feb 2024February 2024 | 60,000 /yr | |
| 907 | Studio | 491 sqft | AED 470KAED 470,000 · Sep 2022September 2022 | 36,000 /yr | |
| 908 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 114,000 /yr | |
| 909 | 1-bed | 878 sqft | AED 917KAED 916,608 · Jan 2018January 2018 | 75,000 /yr | |
| 910 | Studio | 484 sqft | AED 660KAED 660,000 · May 2025May 2025 | 52,000 /yr | |
| 911 | Studio | 483 sqft | AED 660KAED 660,000 · Apr 2025April 2025 | 32,000 /yr | |
| 912 | Studio | 480 sqft | AED 879KAED 878,531 · Jul 2015July 2015 | 50,610 /yr | |
| 913 | Studio | 480 sqft | AED 879KAED 878,531 · Jul 2015July 2015 | 48,000 /yr | |
| 914 | Studio | 476 sqft | AED 645KAED 645,000 · Aug 2024August 2024 | 58,000 /yr | |
| 915 | Studio | 486 sqft | AED 890KAED 889,959 · Sep 2015September 2015 | 45,540 /yr | |
| 916 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 43,000 /yr |
903, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 4 August 2015 for AED 881,684, or AED 1,826 per sqft.
- Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 52,500 to AED 30,000 in 2021 and recovered to AED 55,000 by March 2025.
- At AED 55,000 a year the gross yield on the 2015 price is 6.2%, 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 March 2025.
Questions about 903, Safeer Tower 2
What did unit 903 last sell for?
AED 881,684 on 4 August 2015, 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 903?
AED 55,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2024, was AED 55,000; the unit has been rented since February 2018.
How big is unit 903?
483 sqft (44.9 sqm): a studio on the 9th floor of a 15-storey tower completed in 2017.
What is unit 903 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 903, Safeer Tower 2
Starts from the last sale price (AED 882K, 4 August 2015). 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 AED 42,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →