
Sold Prices · DLD Data
Business Bay, Dubai · Business Bay
AED 1,283
Avg Price / sqft
AED 931K
Avg Sale Price
8
DLD Sales Recorded
10%
Est. Gross Yield
Market snapshot
Safeer Tower 1 is a residential building in Business Bay, Dubai with approximately 176 units. Dubai Land Department records show 8 sales in the building, at an average price of AED 931K — around AED 1,283 per square foot.
Since January 2026, 8 sales completed in Safeer Tower 1, with the average price per square foot moving from AED 1,472 to AED 1,225 (-16.8%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Business Bay, a typical unit in Safeer Tower 1 returns an estimated 10% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.
Figures are from Dubai Land Department transaction records for Safeer Tower 1; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.
Price trend
Average sale price per sqft by month since January 2026-16.8%
Unit types
Studio
AED 640K
AED 1,411/sqft
4 sales · last 12 months
1 Bed
AED 1.1M
AED 1,185/sqft
3 sales · last 12 months
2 Bed
AED 1.6M
AED 1,066/sqft
1 sale · last 12 months
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 24 Jul 2026 | Sales | 1 | 857 | AED 1.1M | AED 1,225 |
| 29 Jun 2026 | Sales | 1 | 961 | AED 1.1M | AED 1,103 |
| 23 Jun 2026 | Sales | 0 | 457 | AED 640K | AED 1,400 |
| 02 Apr 2026 | Sales | 0 | 455 | AED 600K | AED 1,319 |
| 30 Mar 2026 | Sales | 0 | 457 | AED 665K | AED 1,455 |
| 09 Mar 2026 | Sales | 1 | 960 | AED 1.2M | AED 1,226 |
| 25 Feb 2026 | Sales | 2 | 1,501 | AED 1.6M | AED 1,066 |
| 09 Jan 2026 | Sales | 0 | 445 | AED 655K | AED 1,472 |
About the area
Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.
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FAQ
The average recorded sale price in Safeer Tower 1, Business Bay is AED 931K, around AED 1,283 per square foot, based on Dubai Land Department transaction data.
Average sale prices in Safeer Tower 1 have eased -16.8% per square foot since January 2026, across 8 DLD-recorded sales.
Based on average Business Bay residential rents against sale prices in the building, a typical unit in Safeer Tower 1 yields roughly 10% gross per year, before service charges and fees.
8 sales have been recorded in Safeer Tower 1 according to DLD data, across approximately 176 units.
Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.