Business Bay
Safeer Tower 2
سفير تاور 2Alseeb Real Estate Development L.L.C · Selling since 2008 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 185 units · 1 building · DLD target completion August 2017
Registered developer: Alseeb Real Estate Development L.L.C (DLD no. 1014)
Master developer: BUSINESS BAY (L.L.C) (DLD no. 898)
Escrow account with Noor Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Rents filed under Business Bay
Median annual rent of AED 90,000 across 14,397 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
Street View imagery near Safeer Tower 2, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,367/sqft
3yr CAGR · resales
+7.0%
Resale record
48 months
Registered resales here span 48 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Safeer Tower 2 — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Safeer Tower 2 over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Safeer Tower 2 itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 717.5K | AED 70,037/yrsame size in Business Bay | 9.8% | 14 |
What it returns after service charges
Starting from this building’s own owners-association budget for 2022 — AED 17/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 8,159 | AED 61,878 | 9.8% | 8.6% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Safeer Tower 2
How much does a home in Safeer Tower 2 cost?
Over the last twelve months a completed studio in Safeer Tower 2 sold for a median AED 717.5K (14 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Safeer Tower 2?
A studio rents for a median AED 70,037/yr (homes of about that size in Business Bay, 2,140 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Safeer Tower 2, so every figure above is the rent for homes of that size in Business Bay — the area's rent, not this project's own.
What rental yield does Safeer Tower 2 give?
Gross yields on completed homes in Safeer Tower 2 run about 9.8% on a studio, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Safeer Tower 2 selling off-plan or as resales?
0% of the 20 sales registered in Safeer Tower 2 in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Safeer Tower 2 start selling?
The Land Department's register holds 252 sales in Safeer Tower 2, the earliest registered in 2008. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Business Bay median
-35.9%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
Low competitionWhen Safeer Tower 2 completed in August 2017, 1 other other project in Business Bay were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 146 more other projects in Business Bay are still in the pipeline overall.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
2.0 km
Business Bay
Nearest school
1.8 km
Dubai International School
Nearest hospital
1.7 km
Nexx Home Healthcare Services
Nearest supermarket
264 m
Q Mini Mart
Metro stations
- Business Bay2.0 km
- Burj Khalifa / Dubai Mall2.5 km
Schools
- Dubai International School1.8 km
- Dubai International School1.8 km
- GEMS Our Indian School1.9 km
- Safa Private School1.9 km
Hospitals & clinics
- Nexx Home Healthcare Services1.7 km
- BIOS CLINIC1.9 km
- Mediclinic2.0 km
- Medcare Orthopaedics & Spine Hospital2.9 km
Supermarkets
- Q Mini Mart264 m
- Carrefour Market504 m
- Supermash597 m
- Spinneys749 m
Bus stops
- Mayfair Residency 1130 m
- Mayfair Residency 2158 m
- Fairview Residency 2249 m
- Volante Dubai Tower 2406 m
Pharmacies
- Life Pharmacy204 m
- Life Pharmacy1.2 km
- Supercare Pharmacy1.3 km
- Life Pharmacy1.5 km
Malls
- Bay Avenue Mall1.6 km
- Al Faris Mall2.2 km
- Al Wasl Centre2.2 km
- Business Time Centre2.3 km
Parks
- Bayside Park 4105 m
- Bayside Park 3418 m
- Bayside Park 4420 m
- Bayside Park 3519 m
Mosques
- Masjid Al Ghafoor990 m
- Shaikha Abdulla Salem1.6 km
- Al Safa Mosque2.2 km
- Al Qasimi Mosque2.6 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Loading map…
Building in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Business Bay
Buying in Safeer Tower 2?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
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