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Ejari leases to 12 Oct 2026

Safeer Tower 2 rents

  • 54 new leases and 75 renewals in 12 months
  • 178 units
  • Business Bay
  • near Business Bay Metro Station

A studio here leases for about AED 47,093 a year, 32% below the typical Business Bay studio. Renewing tenants pay more than new ones: AED 52,000.

Studio · typical new lease

47,093AEDa year

AED 98/sqft · -12.8% on a year

A month, roughly
AED 3,924
Renewal
AED 52,000
vs Business Bay studio
32% below the median
New leases, 12 months
35
Buying instead? Safeer Tower 2 sale prices →

What should a lease in Safeer Tower 2 cost?A studio leases for about AED 47,093 a year; renewing tenants pay 10.4% more than new ones

TypeNew leaseRenewalvs Business BayLeases
Studiomost leased47,09398/sqft52,00028 renewals32% lesstypical 69,00035
1 bed80,00086/sqft66,41311 renewals17% lesstypical 96,5007
2 bed120,50076/sqft113,95236 renewals14% lesstypical 140,00012

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs 12.8% less than a year earlier: AED 47,093 against 54,000.

Median annual rent, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Dec 2017, AED 54,000; latest, Oct 2026, AED 47,000; peak, Jan 2026, AED 60,250.

StartTypeSqftAnnual rentAED/sqftContract
10 Oct 20262 bed1,468AED 124,00084New
10 Oct 2026Studio485AED 47,00097New
3 Oct 2026Studio480AED 48,000100New
2 Oct 2026Studio484AED 45,00093New
1 Oct 2026Studio480AED 50,000104Renewal
1 Oct 2026Studio491AED 49,000100New
30 Sept 2026Studio483AED 55,000114New
25 Sept 20262 bed1,618AED 114,86671Renewal
25 Sept 20261 bed928AED 75,00081New
25 Sept 2026Studio476AED 48,000101New

Showing the 60 most recent of 129 contracts starting on or after 12 Oct 2025.

About Safeer Tower 2A 16-floor tower in Business Bay, a 10-minute drive from DIFC

Safeer Tower 2 is an apartment building completed in 2017 by Alseeb in Business Bay with 178 registered units. 129 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
Paid by the landlord · AED 16.92/sqft a year
Floors
16
Lifts
4
Parking bays
257
Pools
1
Master developer
Alseeb

Drive times · typical

Downtown
12 min · 6.9 km
DXB Airport
15 min · 15 km
DIFC
10 min · 10 km
Dubai Marina
19 min · 20 km
Palm Jumeirah
25 min · 25 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in Safeer Tower 2?72% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay less than renewing ones

Units on a yearly lease
72%Strength
Business Bay median 41%; top tenth from 69%
New tenant vs renewal
-22.2%
New leases AED 56,000, renewals 72,000, all types
Short-let instead, studio
AED 408
a night on Airbnb; nets 1.7× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Safeer Tower 2 sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Safeer Tower 2 places 90th of 100; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
86The Residences at Business CentralAED 85,00096+3.0%0.0%51
87–88Atria Ra, Saone project rent, 2 towersAED 125,00095+1.8%-7.4%66
89FairviewAED 75,75093+0.2%-5.3%50
90Safeer Tower 2 · this buildingAED 56,00093-3.5%54
91The Scala TowerAED 84,00093-0.7%-1.2%66
92U-Bora Tower 1AED 90,12192-1.0%-9.9%62
93Al Habtoor TowerAED 156,50091-2.4%-7.9%22
94Clayton ResidencyAED 75,00091-2.4%-6.3%48

Rank 1 is the dearest per square foot. Differences are against Safeer Tower 2.

At studio, Safeer Tower 2 ranks 57th of 57 by rent per square foot and 36th of 47 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Safeer Tower 2

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

More from Alseeb

Prices per sq ft around Safeer Tower 2, on the map
Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Safeer Tower 2 is the inverted pinOpen in Apple Maps

Ask about Safeer Tower 2

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Common questions

What is the registered annual rent for a studio in Safeer Tower 2?
The median new annual rent is AED 47,093, from 35 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Safeer Tower 2 risen or fallen?
The median new annual rent changed -12.8% in the trailing 12 months against the previous 12, using 35 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Safeer Tower 2 pay more than sitting ones?
A new tenant pays -9.4% against a renewing one, across 28 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Safeer Tower 2?
13 sales were registered with the Dubai Land Department in the last 12 months, alongside 35 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Safeer Tower 2?
Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Safeer Tower 2 rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
35 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/business-bay/safeer-tower-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Safeer Tower 2 rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/safeer-tower-2

Stable dataJSON