Market bulletin · Thu, 22 Oct 2026
Safeer Tower 1: 1 sales worth AED 1.65M in 30 days
Safeer Tower 1 recorded 1 sale worth AED 1.65M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 1 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, Safeer Tower 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Al Seeb Real Estate Development.
Leases registered in the last three months had a median annual rent of AED 60K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | AED 958 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 1 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.65M | — | — |
| Last 3 months | 1 | unchanged 0.0% | AED 1.65M | — | — |
| Last 6 months | 2 | down 66.7% | AED 2.70M | — | — |
| Last 12 months | 8 | down 66.7% | AED 8.09M | 1,322 | up 27.9% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 8 | 100% | AED 858K | 1,322 | up 27.9% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 4 | 50% | — | — | — |
| 1 bedroom | 2 | 25% | — | — | — |
| 2 bedrooms | 2 | 25% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 8 | 100% | AED 858K | 1,322 | up 27.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 58K |
| Sept 26 | AED 69K |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 70K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 57K |
| Dec 25 | AED 66K |
| Nov 25 | AED 80K |
| Oct 25 | AED 64K |
| Sept 25 | AED 78K |
| Aug 25 | AED 69K |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 75K |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 111
- New leases
- 64.9%
- Median rent 3M
- AED 60K
- Rent/sqft 3M
- AED 111
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 59 | AED 56K | AED 58K | 128 |
| 1 BR | 22 | AED 74K | AED 77K | 82 |
| 2 BR | 15 | AED 125K | — | 80 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.65M | 2 BR Apartment · 1,580 sqftSafeer Tower 1 · Business Bay | 14 Oct |
Questions about Safeer Tower 1
How many properties were sold in Safeer Tower 1 in the last year?
8 sales worth AED 8.09M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Safeer Tower 1?
The median annual rent on leases registered in the last three months was AED 60K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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