Studio · 476 sqftSafeer Tower 2, Business Bay · 9th floor · completed 2017

914, Safeer Tower 2

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 914 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 645K5 August 2024
Current rentAED 58K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 914, Safeer Tower 2

What is 914 worth today?

Last sold for AED 645,000 in 2024

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1 May 2025RentedNew contract
AED 58,000/yr12 months · AED 122 per sqft
5 Aug 2024SoldReady
AED 645,000AED 1,354 per sqft
31 Jan 2024RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
1 Feb 2023RentedRenewal
AED 38,400/yr12 months · AED 81 per sqft
1 Feb 2022RentedRenewal
AED 38,400/yr12 months · AED 81 per sqft
1 Feb 2021RentedRenewal
AED 30,000/yr12 months · AED 63 per sqft
1 Feb 2018RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
3 Jan 2016Sold by developerOff-plan
AED 852,327AED 1,830 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
9th of 15
Parking
B1-25
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,000 /yr
Last sold
AED 645K · August 2024

About 914, Safeer Tower 2

914 is a studio of 476 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 5 August 2024 for AED 645,000, or AED 1,354 per sqft, 16% above the AED 1,172 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 1 May 2025, is AED 58,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for 914 over time

Sales
Unit 914, 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, January 2016: AED 852,327 (AED 1,830 per sqft)Sold, August 2024: AED 645,000 (AED 1,354 per sqft)

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

Rents
Unit 914, 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, February 2018: AED 48,000 a yearRenewal, February 2021: AED 30,000 a yearRenewal, February 2022: AED 38,400 a yearRenewal, February 2023: AED 38,400 a yearNew contract, January 2024: AED 42,000 a yearNew contract, May 2025: AED 58,000 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 914 sits

All 89 studios →

914 last sold in August 2024 at AED 1,354 per sqft, 16% above what studios in Safeer Tower 2 were fetching at the time (AED 1,172). 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. 914's AED 58,000 is in the upper half 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
907StudioAED 470K · Sep 2022
1–7 of 15

914, Safeer Tower 2 in numbers

  • Sold twice: first on 3 January 2016 for AED 852,327, last on 5 August 2024 for AED 645,000 (AED 1,354 per sqft).
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 30,000 in 2021 and recovered to AED 58,000 by May 2025.
  • At AED 58,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 8,000 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 1 May 2025.

Questions about 914, Safeer Tower 2

What did unit 914 last sell for?

AED 645,000 on 5 August 2024: AED 1,354 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 852,327 in January 2016.

What is the rent for unit 914?

AED 58,000 a year on the contract signed on 1 May 2025. The previous contract, from January 2024, was AED 42,000; the unit has been rented since February 2018.

How big is unit 914?

476 sqft (44.2 sqm): a studio on the 9th floor of a 15-storey tower completed in 2017.

What is unit 914 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 914, Safeer Tower 2

Starts from the last sale price (AED 645K, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

Plus AED 32,100 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →