Project · Dubai property data · records to 2026-10-02

Safeer Tower 1 property prices & sales

Business Bay · Business Bay · Alseeb Real Estate Development L.L.C · Nearest metro: Business Bay Metro Station
AED 1,400Median price per sq ft (12m)
+30.6% YoY
13Sales last 12 months
-45.8% YoY
AED 665,000Median sale price (12m)
AED 66,000Median annual rent (12m)
9.9%Gross yield (indicative)
0.0%Off-plan share (12m)

Safeer Tower 1 at a glance written from registered records

Safeer Tower 1 recorded 13 registered sales in the last 12 months, worth AED 11.21M in total. The median price was AED 1,400 per sq ft, up 30.6% on the previous 12 months, and the median sale price was AED 665k. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 98 rental contracts registered in the same period, the median annual rent was AED 66,000, an indicative gross yield of 9.9%.

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Median price per sq ft by year registered sales

YearSalesMedian AED/sq ftMedian price
202681,273AED 857,500
2025201,402AED 745,000
2024241,171AED 875,000
202322908AED 1.01M
202210792AED 676,010
20214921AED 430,000
202014600AED 606,696
201941,064AED 685,000
201891,224AED 600,000
20171131,497AED 1.20M
201691,671AED 761,520

Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter

TypeSalesEntryTypicalPremiumAED/sq ftTypical size
Studio18AED 642,500AED 660,000AED 694,2501,463450 sq ft
1 B/R12AED 940,000AED 981,500AED 1.05M1,035961 sq ft
2 B/R7AED 1.48MAED 1.50MAED 1.59M9991,501 sq ft

Who's buying last 12 months

Off‑plan 0.0%Ready 100.0%
Cash 38.5%Mortgage 61.5%

Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.

Latest registered sales

DateTypeBedsBuildingSq ftPriceAED/sq ft
2026-07-27Unit1 B/RSafeer Tower 1857AED 1,050,0001,225
2026-06-29Unit1 B/RSafeer Tower 1961AED 1,060,0001,104
2026-06-23UnitStudioSafeer Tower 1457AED 640,0001,400
2026-04-02UnitStudioSafeer Tower 1455AED 600,0001,319
2026-03-30UnitStudioSafeer Tower 1457AED 665,0001,455
2026-03-09Unit1 B/RSafeer Tower 1960AED 1,177,2921,226

The full report lists every registered sale, with filters by bedroom and date. Open it free.

Questions about Safeer Tower 1

What is the average price per sq ft in Safeer Tower 1?

Over the last 12 months the median registered sale price in Safeer Tower 1 was AED 1,400 per sq ft (+30.6% year on year).

What is the rental yield in Safeer Tower 1?

Comparing the median annual rent (AED 66,000) with the median sale price (AED 665,000) over the last 12 months gives an indicative gross yield of 9.9%.

How many properties sold in Safeer Tower 1 in the last 12 months?

13 sales were registered in the last 12 months, 0.0% of them off-plan.

What is the average rent in Safeer Tower 1?

The median annual rent across 98 contracts registered in the last 12 months was AED 66,000.

Comparables in Business Bay 12m

Safeer Tower 1 ranks #117 of 130 by price per sq ft.

ProjectSalesAED/sq ft
Lumena Alta by Omniyat1476,131
HQ by ROVE3294,674
burj capital1403,661
Avarra by Palace1553,490
Binghatti Skyrise3922,938
One by Binghatti2082,938
Peninsula Three1692,654
Binghatti Aquarise5772,625
Peninsula Four2122,515
Tiger Sky Tower1712,394
Binghatti Skyhall2282,364
Damac Towers By Paramount1511,489
Safeer Tower 1131,400

Project record

DeveloperAlseeb Real Estate Development L.L.C
StatusFinished
Completion100%
Handover2017-01-26
Units176

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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.