Dubai project data
SAFEER TOWER 1: rents and rent contracts
سفير تاور 2
Registered sales and rent contracts for the project SAFEER TOWER 1 in Business Bay, from Dubai Land Department open data.
SAFEER TOWER 1 (Business Bay): 94 registered rent contracts in the 12 months to September 2026, median annual rent AED 65,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 665,000
- Off-plan share of sales
- under 3
- Median annual rent
- AED 65,000
- Gross rental yield
- under 30 sales (14)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in SAFEER TOWER 1
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 14 | AED 1,400 per sq ft | 1,225 – 1,455 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in SAFEER TOWER 1
- Median annual rent per sq ft
- AED 113 per sq ft
- Gross rental yield
- under 30 sales (14)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 14 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in SAFEER TOWER 1
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | 9 | AED 1,438 per sq ft | AED 56,000 | under 30 sales (9) |
| 1 bedroom | 4 | AED 1,104 per sq ft | AED 75,000 | under 30 sales (4) |
| 2 bedrooms | under 3 | under 3 | AED 110,000 | under 3 sales |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in SAFEER TOWER 1
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | 3 | AED 979 per sq ft | 10 |
| Nov 2024 | under 3 | under 3 | 12 |
| Dec 2024 | 4 | AED 958 per sq ft | 8 |
| Jan 2025 | under 3 | under 3 | 8 |
| Feb 2025 | under 3 | under 3 | 9 |
| Mar 2025 | under 3 | under 3 | 4 |
| Apr 2025 | under 3 | under 3 | 9 |
| May 2025 | 3 | AED 1,066 per sq ft | 10 |
| Jun 2025 | under 3 | under 3 | 6 |
| Jul 2025 | 3 | AED 1,537 per sq ft | 8 |
| Aug 2025 | under 3 | under 3 | 12 |
| Sep 2025 | under 3 | under 3 | 14 |
| Oct 2025 | under 3 | under 3 | 14 |
| Nov 2025 | under 3 | under 3 | 13 |
| Dec 2025 | under 3 | under 3 | 7 |
| Jan 2026 | under 3 | under 3 | 10 |
| Feb 2026 | under 3 | under 3 | 8 |
| Mar 2026 | under 3 | under 3 | 5 |
| Apr 2026 | under 3 | under 3 | 6 |
| May 2026 | under 3 | under 3 | 6 |
| Jun 2026 | under 3 | under 3 | 4 |
| Jul 2026 | under 3 | under 3 | 9 |
| Aug 2026 | under 3 | under 3 | 5 |
| Sep 2026 | under 3 | under 3 | 7 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2015 | 42 | AED 1,638 per sq ft |
| 2016 | 9 | AED 1,671 per sq ft |
| 2017 | 113 | AED 1,497 per sq ft |
| 2018 | 9 | AED 1,224 per sq ft |
| 2019 | 4 | AED 966 per sq ft |
| 2020 | 14 | AED 600 per sq ft |
| 2021 | 4 | AED 875 per sq ft |
| 2022 | 10 | AED 786 per sq ft |
| 2023 | 22 | AED 879 per sq ft |
| 2024 | 24 | AED 1,115 per sq ft |
| 2025 | 20 | AED 1,386 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
SAFEER TOWER 1 is a project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Business Bay
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
- MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
- THE COSMOPOLITAN 219 registered transactions and rent contracts in 12 months.
Questions about SAFEER TOWER 1
- How many sales were registered in SAFEER TOWER 1?
- 14 sales were registered in SAFEER TOWER 1 in Oct 2025 – Sep 2026.
- What is the median price per sq ft in SAFEER TOWER 1?
- The median price of registered sales in SAFEER TOWER 1 was AED 1,400 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in SAFEER TOWER 1?
- The median annual rent of registered rent contracts in SAFEER TOWER 1 was AED 65,000 in Oct 2025 – Sep 2026.
- Which DLD area is SAFEER TOWER 1 in?
- SAFEER TOWER 1 is registered in the Dubai Land Department area Business Bay.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae