Safeer Tower 1

Completed|176 units · 1 tower

Safeer Tower 1 is a completed development by ALSEEB REAL ESTATE DEVELOPMENT L.L.C in Business Bay, comprising 176 registered units. 275 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,288 per sqft. At AED 1,288 per sqft, Safeer Tower 1 prices 18% below the Business Bay median of AED 1,568 per sqft on registered sales.

PIX© price · ↓0.3% YoY

970KAED

Typical

1,288AED

PSF

Gross yield

7.7%

PIX© rent ÷ PIX© price

Sale records

275

DLD · all time

Rent contracts

988

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 3.9 km

DXB Airport15 min · 19.4 km

DIFC13 min · 9.4 km

Dubai Marina21 min · 21.0 km

Palm Jumeirah21 min · 23.3 km

Nearest · straight-line

Metro stationBusiness Bay1.9 km

MallLanolin FZE0.3 km

Schoolazgard_center0.4 km

HospitalMiracle Healthcare0.3 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 2

…

Studio on Floor 2, Safeer Tower 1

Size
Record: Apr 2015 to Jul 2026
Owners: 4
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Tenant 6	31 Jul 2026		Owner 4
5Tenant 5	28 Apr 2025	12 mo	Owner 4
4Tenant 4	20 Jan 2024	13 mo	Owner 4
3Tenant 3	17 Jan 2024	12 mo	Owner 4
4Owner 4	4 Jan 2024	2.7 yrs	Current owner Transferred without a registered sale
2Tenant 2	5 Nov 2021	12 mo	Owner 3
1Tenant 1	10 Sep 2020	14 mo	Owner 3
3Owner 3	22 Jul 2020	3.5 yrs
2Owner 2	10 Jul 2018	2.0 yrs
1Owner 1	12 Apr 2015	3.2 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 2 · Safeer Tower 1

Nightly rateAED

Occupancy (237 nights)

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Safeer Tower 11,288AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 426 - 4,956 sqft	176	970K	1,288	↓0.3%	75K	7.7%
Residential
Studio · Apartment 426 - 601 sqft	86
1 Bed · Apartment 852 - 1,011 sqft	54
2 Bed · Apartment 1,501 - 1,583 sqft	28
Penthouse · Apartment 4,933 - 4,956 sqft	2	-	-	-	-
Commercial
Shop 564 - 971 sqft	6	-	-	-

Sales - Project-Wide275 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
24 Jul 2026	1 Bed	Safeer Tower 1 · Floor 9	857	1,050,000	1,225	+5.0%	Standard	Standard Sale
29 Jun 2026	1 Bed	Safeer Tower 1 · Floor 12	961	1,060,000	1,104	+12.8%	Standard	Standard Sale
23 Jun 2026	Studio	Safeer Tower 1 · Floor 7	457	640,000	1,400	+45.5%	Standard	Standard Sale

Rentals - Project-Wide988 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
25 Oct 2026	2 Bed	Safeer Tower 1 · Floor 12	1,583	91,400	58	-	Standard	CERTIFICATE
1 Oct 2026	1 Bed	Safeer Tower 1 · Floor 14	960	75,000	78	-	Standard	CONTRACT
26 Sep 2026	Studio	Safeer Tower 1 · Floor 7	455	50,400	111	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Safeer Tower 1

Compared with

Clayton Residency

PIX© PSF

1,245

Rank

#32 of 37

#31 of 37

Typical price

1.00M

Yield

7.1%

Units

176

173

Sales

Rents

412

379

Developer

ALSEEB REAL ESTATE DEVELOPMENT L.L.C

DEYAAR DEVELOPMENT (P.J.S.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Fairview Residency DEYAAR DEVELOPMENT (P.J.S.C) · Completed	182					54	425
	Scala Tower AL MADAR INVESTMENT (L.L.C) · Completed	213					146	394
	Mayfair Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	224					82	507
	Tower D DAMAC · Completed	399					166	875
	Clayton Residency DEYAAR DEVELOPMENT (P.J.S.C) · Completed	173					56	379
32	Safeer Tower 1 ALSEEB REAL ESTATE DEVELOPMENT L.L.C · Completed	176	1,245	Subject	1.00M	7.1%	75	412
	Park Central DAMAC · Completed	146					90	356
	Windsor Manor A S G C CONSTRUCTION L.L.C · Completed	346					55	1,124
	Capital Bay Tower B DAMAC · Completed	163					94	472
	Ubora Tower 1 BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH · Completed	225					99	406
	Ubora Towers BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH · Completed	429					104	674

Community median 1,568 AED/sqft. Showing the closest-ranked peers of 37 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 23 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Clayton ResidencyAED 1,319/sqft
Tower DAED 1,321/sqft
Mayfair TowerAED 1,326/sqft
Scala TowerAED 1,350/sqft
Park CentralAED 1,214/sqft
Windsor ManorAED 1,205/sqft

Common questions about Safeer Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in Safeer Tower 1 cost?

Property in Safeer Tower 1 sells at a current PIX© price of AED 1,288 per sqft, or about AED 969,745 for a typical unit, based on 275 sales registered with the Dubai Land Department.

Is Safeer Tower 1 completed?

Yes. Safeer Tower 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Safeer Tower 1?

Safeer Tower 1 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 1?

Safeer Tower 1 yields 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 988 registered Ejari contracts.

How many units are in Safeer Tower 1?

Safeer Tower 1 holds 176 registered units, per the Dubai Land Department unit register.

Have prices in Safeer Tower 1 gone up or down?

Price per sqft has fallen -0.3% over the last 12 months, to AED 1,288, across 275 registered sales.