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Studio · 491 sqftSafeer Tower 2, Business Bay · 9th floor · completed 2017

907, Safeer Tower 2

Sold prices and rental history: sold twice, last in September 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 19 September 2022
Last soldAED 470K19 September 2022
Current rentAED 36K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 907, Safeer Tower 2

What is 907 worth today?

Last sold for AED 470,000 in 2022

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19 Sep 2022SoldReady
AED 470,000AED 956 per sqft
10 Jul 2021RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
15 May 2020RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
27 Jul 2015Sold by developerOff-plan
AED 889,959AED 1,830 per sqft

Source: Dubai Land Department. Updated 19 September 2022.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
9th of 15
Parking
B1-20
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 470K · September 2022
Building
Safeer Tower 2

About 907, Safeer Tower 2

907 is a studio of 491 sqft on the 9th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 19 September 2022 for AED 470,000, or AED 956 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 July 2021, is AED 36,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 8,300 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical studio in Safeer Tower 2
400K600K800K2015201820212024Typical 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, July 2015: AED 889,959 (AED 1,830 per sqft)Sold, September 2022: AED 470,000 (AED 956 per sqft)

907 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 907, 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, May 2020: AED 36,000 a yearNew contract, July 2021: AED 36,000 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 907 sits

All 89 studios →

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. 907's AED 36,000 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 9th floor

All 178 units in Safeer Tower 2
Value
9011-bedAED 527K · Nov 2020
902StudioAED 883K · Nov 2015
903StudioAED 882K · Aug 2015
904StudioAED 576K · Oct 2018
905StudioAED 879K · Jun 2015
906StudioAED 660K · Feb 2024
9081-bedAED 617K · Nov 2020
1–7 of 15

907, Safeer Tower 2 in numbers

  • Sold twice: first on 27 July 2015 for AED 889,959, last on 19 September 2022 for AED 470,000 (AED 956 per sqft).
  • Rented since May 2020 on 2 Ejari contracts, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2022 price is 7.7%, 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 19 September 2022.

Questions about 907, Safeer Tower 2

What did unit 907 last sell for?

AED 470,000 on 19 September 2022: AED 956 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 889,959 in July 2015.

What is the rent for unit 907?

AED 36,000 a year on the contract signed on 10 July 2021. The previous contract, from May 2020, was AED 36,000.

How big is unit 907?

491 sqft (45.6 sqm): a studio on the 9th floor of a 15-storey tower completed in 2017.

What is unit 907 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 907, Safeer Tower 2

Starts from the last sale price (AED 470K, 19 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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