Safeer Tower 1, Business Bay

    Sold Prices · DLD Data

    Safeer Tower 1

    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 — the numbers

    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

    Price trend in Safeer Tower 1

    Average sale price per sqft by month since January 2026-16.8%

    1,1171,2691,421Jan 26: AED 1,472/sqft · 1 saleJan 26Feb 26: AED 1,066/sqft · 1 saleFeb 26Mar 26: AED 1,340/sqft · 2 salesMar 26Apr 26: AED 1,319/sqft · 1 saleApr 26Jun 26: AED 1,252/sqft · 2 salesJun 26Jul 26: AED 1,225/sqft · 1 saleJul 26

    Unit types

    Prices by unit type

    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

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    24 Jul 2026Sales1857AED 1.1MAED 1,225
    29 Jun 2026Sales1961AED 1.1MAED 1,103
    23 Jun 2026Sales0457AED 640KAED 1,400
    02 Apr 2026Sales0455AED 600KAED 1,319
    30 Mar 2026Sales0457AED 665KAED 1,455
    09 Mar 2026Sales1960AED 1.2MAED 1,226
    25 Feb 2026Sales21,501AED 1.6MAED 1,066
    09 Jan 2026Sales0445AED 655KAED 1,472

    About the area

    Safeer Tower 1 is in Business Bay

    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.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

    FAQ

    Safeer Tower 1: frequently asked questions

    What is the average price in Safeer Tower 1?

    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.

    Are prices in Safeer Tower 1 going up or down?

    Average sale prices in Safeer Tower 1 have eased -16.8% per square foot since January 2026, across 8 DLD-recorded sales.

    What rental yield can I expect in Safeer Tower 1?

    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.

    How many properties have sold in Safeer Tower 1?

    8 sales have been recorded in Safeer Tower 1 according to DLD data, across approximately 176 units.

    Considering Safeer Tower 1?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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