Safeer Tower 2

Completed|185 units · 1 tower

Safeer Tower 2 is a completed 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 1,298 per sqft. At AED 1,298 per sqft, Safeer Tower 2 prices 33% below the Business Bay median of AED 1,945 per sqft on registered sales.

PIX© price · ↓2.8% YoY

990KAED

Typical

1,298AED

PSF

Gross yield

6.3%

PIX© rent ÷ PIX© price

Sale records

250

DLD · all time

Rent contracts

1,019

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai8 min · 3.2 km

DXB Airport15 min · 16.9 km

DIFC14 min · 6.4 km

Dubai Marina22 min · 21.1 km

Palm Jumeirah22 min · 23.4 km

Nearest · straight-line

Metro stationBusiness Bay2 km

MallLanolin FZE0.3 km

SchoolNumu Nursery Business Bay0.2 km

HospitalLuxlife Prestige PolyClinic0.3 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 3

…

Studio on Floor 3, Safeer Tower 2

Size
Record: Nov 2015 to Jul 2026
Owners: 3
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Tenant 6	28 Jul 2026		Owner 3
5Tenant 5	25 Jul 2025	12 mo	Owner 3
3Owner 3	4 May 2025	16 mo	Current owner Mortgage
2Owner 2	25 Mar 2024	13 mo
4Tenant 4	1 Jan 2023	12 mo	Owner 1
3Tenant 3	1 Dec 2022	12 mo	Owner 1
2Tenant 2	5 Sep 2021	12 mo	Owner 1
1Tenant 1	13 Feb 2019	2.5 yrs	Renewal Owner 1
1Tenant 1	13 Feb 2018	12 mo	Owner 1
1Owner 1	25 Nov 2015	8.3 yrs

PIX© Airbnb Calculator

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

Studio · Floor 3 · Safeer Tower 2

Nightly rateAED

Occupancy (237 nights)

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Safeer Tower 21,298AED/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 471 - 4,988 sqft	185	990K	1,298	↓2.8%	63K	6.3%
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

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
1 Sep 2026	Studio	Safeer Tower 2 · Floor 2	471	700,000	1,487	0.0%	Premium	Standard Sale
3 Jul 2026	Studio	Safeer Tower 2 · Floor 7	483	660,000	1,367	+10.0%	Entry Level	Standard Sale
11 Jun 2026	Studio	Safeer Tower 2 · Floor 7	483	662,700	1,373	-1.1%	Standard	Standard Sale

Rentals - Project-Wide1,019 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
1 Oct 2026	Studio	Safeer Tower 2 · Floor 9	491	49,000	100	-	Standard	CONTRACT
14 Sep 2026	Studio	Safeer Tower 2 · Floor 8	483	45,000	93	-	Entry Level	CONTRACT
11 Sep 2026	Studio	Safeer Tower 2 · Floor 1	484	58,000	120	-	Premium	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 compare1 peer could not be placed

This project

Safeer Tower 2

Compared with

Safeer Tower 1

PIX© PSF

1,317

Rank

#38 of 40

#37 of 40

Typical price

808K

Yield

6.8%

Units

185

176

Sales

Rents

392

412

Developer

ALSEEB REAL ESTATE DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Bay Square Building 9 EMAAR · Completed	179					224	420
	DAMAC Majestine DAMAC · Completed	506					146	1,420
	AG Tower ARABIAN GULF PROPERTIES · Completed	596					100	1,187
	West Wharf CAPITAL TRUST GULF LIMITED · Completed	114					82	210
	Avanti DAMAC · Completed	161					58	413
	Scala Tower AL MADAR INVESTMENT (L.L.C) · Completed	213					146	394
	Fairview Residency DEYAAR DEVELOPMENT (P.J.S.C) · Completed	182					54	425
	Safeer Tower 1 ALSEEB REAL ESTATE DEVELOPMENT L.L.C · Completed	176					75	412
38	Safeer Tower 2 ALSEEB REAL ESTATE DEVELOPMENT L.L.C · Completed	185	1,317	Subject	808K	6.8%	60	392
	Park Central DAMAC · Completed	146					90	356
	Capital Bay Tower B DAMAC · Completed	163					94	472

Community median 1,945 AED/sqft. Showing the closest-ranked peers of 40 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 20 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.

Park CentralAED 1,284/sqft
Safeer Tower 1AED 1,341/sqft
Fairview ResidencyAED 1,345/sqft
Scala TowerAED 1,376/sqft
Capital Bay Tower BAED 1,211/sqft
AvantiAED 1,438/sqft

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 1,298 per sqft, or about AED 989,872 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.

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 6.3% 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 -2.8% over the last 12 months, to AED 1,298, across 250 registered sales.