SAFEER TOWER 1
MatureDeveloperALSEEB REAL ESTATE DEVELOPMENT L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
11 years 10 months ago01-03-2014
Handover
8 years 11 months ago26-01-2017
Status
CompleteFinished
Project Description
Residential Building consists of (2B + G + P + 15 floor), located in Business BAY area. The project designed as a concrete structure with internal & external finishing.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+6%
GrowthCurrent:AED 1,412/sqft
Last 12M:AED 1,334/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 1,334/sqft
Prior Year:AED 1,185/sqft
Community Compare: Last 90DBusiness Bay
Discount-47%
Below AvgProject:AED 1,412/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
20Sold (Last 12M)
Supply & Demand Matrix
SAFEER TOWER 1 averaged 11% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
86 units
12 sold74 left
14%
Velocity
1 Bedroom
54 units
3 sold51 left
6%
Velocity
2 Bedrooms
28 units
5 sold23 left
18%
Velocity
PENTHOUSE
2 units
0 sold2 left
0%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (176)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-7 | Inventory 86units 11 layouts · Typically 1 parking 3-5 sqm balcony | Size Range 229-601sqft | Price Range AED 267K - AED 750K | Avg PSF 1,422 | Sales 45 | Trend — | |
Asset Class Flat | Inventory 0units | Size Range 4,933-4,956sqft | Price Range AED 3.5M - AED 4.2M | Avg PSF 674 | Sales 2 | Trend — | |
Asset Class 1 Bed FlatFloors 1-14 | Inventory 54units 6 layouts · Typically 1 parking 7-9 sqm balcony | Size Range 506-1,011sqft | Price Range AED 500K - AED 1.2M | Avg PSF 1,076 | Sales 35 | Trend — | |
Asset Class 2 Bed FlatFloors 8-14 | Inventory 28units 4 layouts · Typically 1.1 parking 13-14 sqm balcony | Size Range 1,482-1,583sqft | Price Range AED 948K - AED 1.8M | Avg PSF 993 | Sales 20 | Trend — | |
Asset Class 22 Bed FlatFloor 15 | Inventory 2units 2 layouts · Typically 3 parking 148-150 sqm balcony | Size Range 4,933-4,956sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 38,453-38,453sqft | Price Range AED 35.4M - AED 38.5M | Avg PSF 960 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 6units 5 layouts · Typically 2 parking | Size Range 564-1,851sqft | Price Range — | Avg PSF 1,540 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 176 units