Safeer Tower 1
Studios to two-beds in Business Bay. 12 apartments sold in the last 12 months; every sale, rent and unit is below.
About Safeer Tower 1
Safeer Tower 1 is a residential building in Business Bay, a central mixed‑use district adjacent to Downtown Dubai. The tower rises 18 storeys and was completed in 2017, offering a contemporary urban setting with city skyline outlooks; select apartments enjoy open views towards the Burj Khalifa and Dubai Creek. Homes in the building comprise studios, one‑ and two‑bedroom apartments, along with a limited number of four‑bedroom penthouses. Layouts are designed for modern living, with balconies in many units. The tower provides covered parking at ground level and four high‑speed elevators. Building services include 24‑hour security with CCTV, an on‑site reception, and district cooling. Residents have access to practical lifestyle amenities. A large outdoor swimming pool with a sun deck is complemented by a separate kids’ pool, a well‑equipped gym with dedicated changing rooms, and a children’s play area. Everyday conveniences are close at hand, with supermarkets and casual dining options scattered throughout the immediate Business Bay streets. Downtown Dubai’s retail and leisure attractions, including the Dubai Mall and its fountain, are typically around a 10‑minute drive, traffic permitting. Connectivity is a key strength. The location sits between Sheikh Zayed Road and Al Khail Road, with quick access via Al Asayel Street. Public transport options include nearby bus stops within a short walk, while Business Bay Metro Station is roughly a five‑minute drive. Commuters to neighbouring commercial hubs such as Downtown, DIFC and Dubai Design District benefit from straightforward road links and frequent taxis in this well‑established area. Overall, Safeer Tower 1 offers straightforward apartment living with essential amenities in a central business and lifestyle corridor.
170 apartments over 15 floors: 86 studios of 332 to 601 sqft, 54 one-beds of 852 to 1,011 sqft, 28 two-beds of 396 to 1,583 sqft and 2 penthouses of 4,933 to 4,956 sqft. The service charge is AED 19.53 per sqft a year.
12 apartments sold in the 12 months to November 2026, at a median of AED 1,359 per sqft, up 16.6% on the year before. Most of the trading is in studios: 7 of the 12 sales, at AED 600,000 to 740,000, which is why the typical sale sits below the price of its larger homes. 91 rental contracts were registered over the same 12 months, at a typical AED 64,000 a year.
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Floors
- 15
- Units
- 170
- Unit types
- Studio to 2-bed
Average prices in Safeer Tower 1
In Safeer Tower 1, typical sale prices over the last 12 months were around AED 655,000 for studios, AED 1,080,000 for one-beds and AED 1,630,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Safeer Tower 1
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Safeer Tower 1
- Completed2-bed · 1,580 sqft 14 Oct 2026AED 1,650,0001,044 /sqft
- Completed1-bed · 857 sqft 24 Jul 2026AED 1,050,0001,225 /sqft
- CompletedStudio · 457 sqft 23 Jun 2026AED 640,0001,400 /sqft
- CompletedStudio · 454 sqft 02 Apr 2026AED 600,0001,319 /sqft
- CompletedStudio · 457 sqft 30 Mar 2026AED 665,0001,455 /sqft
- Completed1-bed · 960 sqft 09 Mar 2026AED 1,177,2921,226 /sqft
- Completed2-bed · 1,500 sqft 25 Feb 2026AED 1,600,0001,066 /sqft
- CompletedStudio · 444 sqft 09 Jan 2026AED 655,0001,472 /sqft
- CompletedStudio · 444 sqft 25 Dec 2025AED 640,0001,438 /sqft
- CompletedStudio · 444 sqft 18 Dec 2025AED 740,0001,663 /sqft
Over the last 12 months, Safeer Tower 1 has recorded 12 apartment sales. Typical homes sold for around AED 703K (about AED 1,359 per sqft) with a median size of 460 sqft; most were studios, from roughly AED 600K to AED 1.65M.
Units in Safeer Tower 1
170 units- Unit 1011-bed · 959 sqftSold AED 1.38M, Aug 2017
- Unit 102Studio · 427 sqftSold AED 664K, Aug 2017
- Unit 103Studio · 445 sqftSold AED 692K, Aug 2017
- Unit 104Studio · 430 sqftSold AED 560K, Mar 2018
- Unit 105Studio · 601 sqftSold AED 925K, Aug 2017
- Unit 106Studio · 601 sqftSold AED 360K, Nov 2020
- Unit 107Studio · 430 sqftSold AED 714K, Aug 2017
- Unit 108Studio · 445 sqftSold AED 671K, Aug 2017
- Unit 109Studio · 426 sqftSold AED 711K, Aug 2017
- Unit 1101-bed · 960 sqftSold AED 1.35M, Aug 2017
Every unit in Safeer Tower 1, by number
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 311
- 312
- 313
- 314
- 315
- 316
- 317
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 412
- 413
- 414
- 415
- 416
- 417
- 501
- 502
- 503
- 504
- 505
- 506
- 507
- 508
- 509
- 510
- 511
- 512
- 513
- 514
- 515
- 516
- 517
- 601
- 602
- 603
- 604
- 605
- 606
- 607
- 608
- 609
- 610
- 611
- 612
- 613
- 614
- 615
- 616
- 617
- 701
- 702
- 703
- 704
- 705
- 706
- 707
- 708
- 709
- 710
- 711
- 712
- 713
- 714
- 715
- 716
- 717
- 801
- 802
- 803
- 804
- 805
- 806
- 807
- 808
- 901
- 902
- 903
- 904
- 905
- 906
- 907
- 908
- 1001
- 1002
- 1003
- 1004
- 1005
- 1006
- 1007
- 1008
- 1101
- 1102
- 1103
- 1104
- 1105
- 1106
- 1107
- 1108
- 1201
- 1202
- 1203
- 1204
- 1205
- 1206
- 1207
- 1208
- 1301
- 1302
- 1303
- 1304
- 1305
- 1306
- 1307
- 1308
- 1401
- 1402
- 1403
- 1404
- 1405
- 1406
- 1407
- 1408
- 1501
- 1502
By type: studios (86), one-beds (54), two-beds (28), penthouses (2).
Nearby buildings in Business Bay
All 187 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Urban Life | AED 2,236 | |||
| Avanti Tower | 2018 | AED 1,408 | AED 97 | 6.9% |
| Capital Bay Towers 1 | 2014 | AED 1,347 | AED 97 | 7.2% |
| Capital Bay Towers 2 | 2014 | AED 1,299 | AED 102 | 7.8% |
| Capital Bay Podium | 2014 | Few sales | ||
| Residence 110 | 2022 | AED 1,862 | AED 117 | 6.3% |
| Park Central | 2013 | AED 1,221 | AED 110 | 9.0% |
| Oxford Tower | 2012 | Few sales | ||
| Sobha Ivory Towers 2 | 2010 | Few sales | ||
| Sobha Ivory Towers 1 | 2010 | Few sales |
Safeer Tower 1 in numbers
- Across 12 DLD sales in the 12 months to November 2026, the median price in Safeer Tower 1 was AED 1,359 per sqft and the typical home sold for about AED 703K.
- Completed in 2017 by Alseeb Real Estate Development; 15 floors of studios to two-beds; service charge AED 19.53 per sqft a year.
- Studios of 332 to 601 sqft sold for AED 600,000 to 740,000 between November 2025 and June 2026, a median AED 1,438 per sqft.
- A studio of 332 to 601 sqft rents for AED 44,000 to 84,000 a year on the 60 contracts registered in the last 12 months.
- Gross rental yield 8.3%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 5 November 2026.
Questions about Safeer Tower 1
How much does a studio in Safeer Tower 1 cost?
7 studios sold in the 12 months to November 2026, for AED 600,000 to 740,000; the median was AED 655,000, or AED 1,438 per sqft.
How much is a studio for rent in Safeer Tower 1?
About AED 56,000 a year: that is the median of the 60 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 44,000 to 84,000.
What is the rental yield in Safeer Tower 1?
About 8.3% gross across the building, from about 8.8% for studios to 6.8% for one-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
Have prices in Safeer Tower 1 gone up?
The median price per sqft rose from about AED 1,166 to AED 1,359 over the 12 months to November 2026, up 16.6%, on 12 sales against 21 the year before.
What is the service charge in Safeer Tower 1?
AED 19.53 per sqft a year. For a typical 460 sqft home that is about AED 9,000 a year.
Who built Safeer Tower 1 and when?
Alseeb Real Estate Development; completed in 2017; 15 floors; 170 apartments.
How many apartments are there in Safeer Tower 1?
170, studios to two-beds. Each has its own page with its full sales and rental history.
For sale with OpenOffers in Business Bay
No Business Bay property is on the board today. Follow Business Bay to hear the day one is listed, or see what is for sale across Dubai with every offer public.