Safeer Tower 1, Business Bay: sale prices and transactions
Safeer Tower 1 is a project registered with the Dubai Land Department (project no. 1546) in Business Bay. Since February 2015, 274 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 13 sales closed at a median AED 14,198 per m² (AED 1,319 per sq ft).
- AED 14,198median price per m²
- AED 1,319median price per sq ft
- 274sales since 2015
- 13sales in 12 months
Its price per m² is 44.4% below the Business Bay median (AED 25,523/m²). 81% of sales are completed homes: an established project with a resale track record.
Safeer Tower 1 prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 7 | AED 655,000 | 42 m² |
| Apartment · 1 bedroom | 4 | AED 1,070,000 | 89 m² |
Safeer Tower 1 price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2020 | 14 | AED 6,458 | AED 600 | — |
| 2022 | 10 | AED 8,525 | AED 792 | — |
| 2023 | 22 | AED 9,776 | AED 908 | +14.7% |
| 2024 | 24 | AED 12,600 | AED 1,171 | +28.9% |
| 2025 | 20 | AED 15,088 | AED 1,402 | +19.7% |
| 2026 (to mid-October) | 9 | AED 13,200 | AED 1,226 | -12.5% |
Safeer Tower 1 rents
96 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 63 | AED 56,000 | 50,000 – 64,000 | AED 56,800 |
| Apartment · 1 bedroom | 21 | AED 75,000 | 72,000 – 80,000 | AED 78,000 |
| Apartment · 2 bedrooms | 12 | AED 112,500 | 105,000 – 119,000 | — |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Business Bay
Same price per m² elsewhere in Dubai
- Miraclz Tower, Arjan — AED 14,188/m²
- Grove, Town Square — AED 14,205/m²
- MOONSA Residences, International City Phase 3 — AED 14,185/m²
- Hyati Avenue, Jumeirah Village Circle — AED 14,212/m²
Other projects in Business Bay
- Scala Tower — AED 14,132/m²
- Burj Pacific — AED 13,993/m²
- Windsor Manor — AED 13,979/m²
- Capital Bay A — AED 14,482/m²
- Clayton Residency — AED 13,796/m²
- Ontario Tower — AED 13,793/m²
- Fair View Residency — AED 14,783/m²
- Elite Business Bay Residence — AED 14,977/m²
Business Bay property prices · Business Bay rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Safeer Tower 1?
Over the last 12 months the median is AED 1,319 per sq ft (AED 14,198 per m²) across 13 DLD sales.
How much is a studio at Safeer Tower 1?
Median sale price AED 655,000 for a median 42 m², across 7 sales over the last 12 months.
How many sales have been registered at Safeer Tower 1?
274 residential sales registered with the DLD between February 2015 and October 2026, 19% of them off-plan.
Where is Safeer Tower 1?
In Business Bay, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.