BuildingBusiness Bay · Alseeb Real Estate Development · 2017

Safeer Tower 2

Studios to four-beds in Business Bay. 15 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 5 November 2026
Typical price per sqftAED 1,486Up 13.1% on the year
Typical saleAED 750K15 sales
Typical rentAED 56K /yrAED 100 per sqft
Typical yield6.7%AED 16.87/sqft charge

About Safeer Tower 2

Safeer Tower 2 is a residential building in Business Bay, close to Downtown Dubai and the Dubai Canal. Completed in 2017, the freehold tower has a contemporary façade and mid‑rise scale suited to its urban setting. The building rises 16 storeys and offers a mix of studios, one‑bedroom and two‑bedroom apartments. Homes typically feature practical layouts aimed at city living, with many units oriented to capture canal or Burj Khalifa skyline views. Overall specification is modern and functional, reflecting Business Bay’s apartment stock from the same period. Residents benefit from on‑site lifestyle facilities that include a large swimming pool, a furnished gym and a children’s play area. There is basement parking for residents, four high‑speed elevators and a floor designated for events. Daily conveniences and dining options are available in the wider Business Bay district, with additional retail and leisure choices in nearby Downtown Dubai. Connectivity is a key draw. The tower sits near Marasi Drive with straightforward access to Al Khail Road, while Al Asayel Street and Al Khaleej Al Tejari 2 Street run close by for local movement within Business Bay. The Business Bay Metro Station is reachable by a short drive, and several bus stops serve the surrounding streets. Major city landmarks such as The Dubai Mall and DIFC are within easy driving distance. As with much of the district, residents should anticipate heavier traffic during peak hours. Safeer Tower 2 suits professionals and couples seeking a central Dubai address with solid amenities and quick links to key business and lifestyle hubs. Its combination of practical apartment types, urban views and accessible location makes it a straightforward option for those prioritising connectivity in Business Bay.

178 apartments over 15 floors: 102 studios of 242 to 491 sqft, 54 one-beds of 820 to 1,029 sqft, 20 two-beds of 1,467 to 1,618 sqft and 2 four-beds of 4,986 to 4,988 sqft. The service charge is AED 16.87 per sqft a year.

15 apartments sold in the 12 months to November 2026, at a median of AED 1,486 per sqft, up 13.1% on the year before. Most of the trading is in studios: 13 of the 15 sales, at AED 615,000 to 750,000, which is why the typical sale sits below the price of its larger homes. 90 rental contracts were registered over the same 12 months, at a typical AED 56,000 a year.

Developer
Alseeb Real Estate Development
Completed
2017
Floors
15
Units
178
Unit types
Studio to 4-bed

Business Bay, Dubai

Average prices in Safeer Tower 2

In Safeer Tower 2, typical sale prices over the last 12 months were around AED 750,000 for studios and AED 1,080,000 for one-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 2

1,0001,2001,4001,600May 2026Nov 20262025-11-17: AED 1,563, Studio, 480 sqft2025-11-17: AED 1,553, Studio, 483 sqft2025-11-17: AED 1,553, Studio, 483 sqft2025-11-18: AED 1,550, Studio, 484 sqft2025-11-18: AED 1,563, Studio, 480 sqft2025-11-18: AED 1,553, Studio, 483 sqft2025-11-18: AED 1,563, Studio, 480 sqft2025-11-19: AED 1,428, Studio, 480 sqft2025-11-19: AED 1,023, 1-bed, 928 sqft2026-01-08: AED 1,407, Studio, 480 sqft2026-05-11: AED 1,166, 1-bed, 1,029 sqft2026-06-05: AED 1,271, Studio, 484 sqft2026-06-11: AED 1,372, Studio, 483 sqft2026-07-03: AED 1,367, Studio, 483 sqft2026-09-01: AED 1,486, Studio, 471 sqftTrend: AED 1,470 to AED 1,314

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 2

  • CompletedStudio · 470 sqft 01 Sep 2026AED 700,0001,487 /sqft
  • CompletedStudio · 482 sqft 03 Jul 2026AED 660,0001,367 /sqft
  • CompletedStudio · 482 sqft 11 Jun 2026AED 662,7001,373 /sqft
  • CompletedStudio · 483 sqft 05 Jun 2026AED 615,0001,271 /sqft
  • Completed1-bed · 1,028 sqft 11 May 2026AED 1,200,0001,167 /sqft
  • CompletedStudio · 479 sqft 08 Jan 2026AED 675,0001,407 /sqft
  • CompletedStudio · 479 sqft 19 Nov 2025AED 685,0001,428 /sqft
  • Completed1-bed · 928 sqft 19 Nov 2025AED 950,0001,024 /sqft
  • CompletedStudio · 483 sqft 18 Nov 2025AED 750,0001,550 /sqft
  • CompletedStudio · 479 sqft 18 Nov 2025AED 750,0001,564 /sqft

Over the last 12 months, Safeer Tower 2 has recorded 15 apartment sales. Typical homes sold for around AED 750K (about AED 1,486 per sqft) with a median size of 483 sqft; most were studios, from roughly AED 615K to AED 1.2M.

1–10 of 244

Units in Safeer Tower 2

178 units
  • Unit 1011-bed · 820 sqftSold AED 1.14M, Mar 2016
  • Unit 102Studio · 242 sqftSold AED 768K, Jun 2015
  • Unit 103Studio · 483 sqftSold AED 500K, Feb 2023
  • Unit 104Studio · 480 sqftSold AED 764K, Aug 2015
  • Unit 105Studio · 480 sqftSold AED 764K, Dec 2015
  • Unit 106Studio · 478 sqftSold AED 650K, Feb 2025
  • Unit 107Studio · 476 sqftSold AED 824K, Jan 2016
  • Unit 1081-bed · 929 sqftSold AED 558K, Nov 2020
  • Unit 2011-bed · 878 sqftSold AED 527K, Nov 2020
  • Unit 202Studio · 480 sqftSold AED 818K, Feb 2016
1–10 of 178
Every unit in Safeer Tower 2, by number

By type: studios (102), one-beds (54), two-beds (20), four-beds (2).

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Safeer Tower 2 in numbers

  • Across 15 DLD sales in the 12 months to November 2026, the median price in Safeer Tower 2 was AED 1,486 per sqft and the typical home sold for about AED 750K.
  • Completed in 2017 by Alseeb Real Estate Development; 15 floors of studios to four-beds; service charge AED 16.87 per sqft a year.
  • Studios of 242 to 491 sqft sold for AED 615,000 to 750,000 between November 2025 and September 2026, a median AED 1,550 per sqft.
  • A studio of 242 to 491 sqft rents for AED 40,000 to 96,000 a year on the 67 contracts registered in the last 12 months.
  • Gross rental yield 6.7%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 5 November 2026.

Questions

How much does a studio in Safeer Tower 2 cost?

13 studios sold in the 12 months to November 2026, for AED 615,000 to 750,000; the median was AED 750,000, or AED 1,550 per sqft.

How much is a studio for rent in Safeer Tower 2?

About AED 51,000 a year: that is the median of the 67 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 40,000 to 96,000.

What is the rental yield in Safeer Tower 2?

About 6.7% gross across the building, 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 2 gone up?

The median price per sqft rose from about AED 1,314 to AED 1,486 over the 12 months to November 2026, up 13.1%, on 15 sales against 19 the year before.

What is the service charge in Safeer Tower 2?

AED 16.87 per sqft a year. For a typical 483 sqft home that is about AED 8,100 a year.

Who built Safeer Tower 2 and when?

Alseeb Real Estate Development; completed in 2017; 15 floors; 178 apartments.

How many apartments are there in Safeer Tower 2?

178, studios to four-beds. Each has its own page with its full sales and rental history.

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