Unit 1501, Safeer Tower 2: what it sold for and what it is worth now

Unit 1501 at Safeer Tower 2 is a 4 bed of 4,986 sq ft. It last sold for AED 3,766,927 on 20 Feb 2023. At AED 1,417 per sq ft, from 18 sales in the building in the last 12 months, it is worth about AED 7,068,000 today.

Value todayAED 7,068,000AED 6,820,000 to AED 7,742,000
Last saleAED 3,766,92720 Feb 2023 · Resale
Change since last sale+87.6%Building trend alone: AED 5,762,918
Rent (median asking, 4 bed)AED 600,000Gross yield 8.5%
Bedrooms4 bed
Size4,986 sq ft
Floor15 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingSafeer Tower 2 by Al Seeb Real Estate Development, handed over 2017
Registered sales of this unit1

Every registered sale of unit 1501

DatePriceSizeAED/sq ftType
20 Feb 2023AED 3,766,9274,986 sq ft756Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60115 May 2025AED 900,000878 sq ft1,025Resale
100128 May 2024AED 1,500,0001,467 sq ft1,022Resale
8014 Jan 2024AED 1,000,000878 sq ft1,139Resale
14019 Jan 2023AED 1,150,0001,467 sq ft784Resale
13014 Mar 2021AED 880,0801,467 sq ft600Resale
90110 Nov 2020AED 526,806878 sq ft600Resale
2019 Nov 2020AED 526,806878 sq ft600Resale
3018 Nov 2020AED 526,806878 sq ft600Resale

Latest 4 bed sales in Safeer Tower 2

UnitDatePriceSizeAED/sq ftType
150210 Jul 2024AED 6,000,0004,988 sq ft1,203Resale
150231 May 2023AED 3,500,0004,988 sq ft702Resale

How we worked out the value

We took the 18 sales in Safeer Tower 2 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,417). We multiplied it by the size of this unit (4,986 sq ft). The range uses the middle half of those sales (AED 1,368 to AED 1,553 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 5,762,918. Floor, view, condition and upgrades can move the price either way. Sales data to 1 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1501 at Safeer Tower 2 worth?

About AED 7,068,000 (range AED 6,820,000 to AED 7,742,000), based on AED 1,417 per sq ft from registered sales up to 1 Sep 2026.

When did unit 1501 last sell?

20 Feb 2023, for AED 3,766,927 (resale). It has 1 registered sale.

What rent can unit 1501 make?

A 4 bed in Safeer Tower 2 rents for about AED 600,000 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for Safeer Tower 2All sales in Safeer Tower 2

Unit 1408 · Unit 1502