PropertyIndex

Safeer Tower 2

Completed · Q3 2017|185 units · 1 tower

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Safeer Tower 2 is a completed apartment development by ALSEEB REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 185 registered units. 250 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,263 per sqft. At AED 1,263 per sqft, Safeer Tower 2 prices 48% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 4.5% YoY
976KAED
Typical
1,263AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
250
DLD · all time
Rent contracts
1,019
Ejari · all time
Safeer Tower 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
471 – 4,988 sqft
185976K1,2634.5%65K6.6%
Residential
Studio · Apartment
471 – 491 sqft
102
1 Bed · Apartment
820 – 1,029 sqft
54
2 Bed · Apartment
1,467 – 1,618 sqft
20
4 Bed · Apartment
4,986 – 4,988 sqft
2
Commercial
Shop
544 – 2,595 sqft
7
Sales — Project-Wide250 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
3 Jul 2026Floor 7483660,0001,367+10.0%StandardStandard Sale
11 Jun 2026Floor 7483662,7001,373-1.1%StandardStandard Sale
5 Jun 2026Floor 3484615,0001,271-29.5%StandardStandard Sale
Rentals — Project-Wide1,019 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 183 rentals
Floors 1-9 · 146 rentals
Floors 10-14 · 37 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
13 Aug 2026Floor 548050,215105-16.3%Standardnew
10 Aug 2026Floor 848347,80099+5.0%Standardrenewal
3 Aug 2026Floor 947646,00097-20.7%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Safeer Tower 2

Answered from Dubai Land Department registered transactions.

How much does a property in Safeer Tower 2 cost?

Property in Safeer Tower 2 sells at a current PIX© price of AED 1,263 per sqft, or about AED 976,448 for a typical unit, based on 250 sales registered with the Dubai Land Department.

Is Safeer Tower 2 completed?

Yes. Safeer Tower 2 is recorded as completed in the Dubai Land Department project register (completed q3 2017).

Who is the developer of Safeer Tower 2?

Safeer Tower 2 is developed by ALSEEB REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Safeer Tower 2?

Safeer Tower 2 yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,019 registered Ejari contracts.

How many units are in Safeer Tower 2?

Safeer Tower 2 holds 185 registered units, per the Dubai Land Department unit register.

Have prices in Safeer Tower 2 gone up or down?

Price per sqft has fallen -4.5% over the last 12 months, to AED 1,263, across 250 registered sales.