What is the rental yield in Safeer Tower 1?

Safeer Tower 1 returns 8.7% gross: a median new-contract rent of AED 56,800 a year (42 Ejari contracts in 12 months) over a price benchmark of AED 655,000 (median of 7 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.

How much does a studio in Safeer Tower 1 cost?

The median registered sale price is AED 655,000 (1,438 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Safeer Tower 1 selling for right now?

Registered sales of ready units in Safeer Tower 1 over the last 12 months have a median of 1,438 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Safeer Tower 1 risen or fallen?

Median price per square foot moved -6.4% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Safeer Tower 1 compare with Business Bay?

Its 8.7% gross yield sits +1.8 pts against the Business Bay median of 6.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

Safeer Tower 1

Completed 2017
170 units
16 floors
4 lifts
246 parking bays
1 pool
Master developer Alseeb

A studio in Safeer Tower 1 costs a median AED 655,000, rents long-let for AED 56,800/yr (8.7% gross), and returns 11.6% short-term at the assumed 70% occupancy.

Satellite view of Safeer Tower 1, Business Bay, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the registered pin · Apple Maps

Satellite view of the Business Bay district around Safeer Tower 1, with roads and landmarks named. Apple Maps.

Street map around Safeer Tower 1, Business Bay, centred on its registered pin. Apple Maps.

Studio · typical price

655,000AED

AED 1,438/sqft · -6.4% on a year

Rent a year: AED 56,800
Yield after service charge: 7.4%
vs Business Bay: 39% below the median

Cost to buy, all inAED 699,155

Price: AED 655,000
DLD fee 4%: AED 26,200
Agent 2% + VAT: AED 13,755
Trustee: AED 4,200

Fees repaid by net rent11 months

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Ask about Safeer Tower 1 →

Is Safeer Tower 1 a good investment?Pays above the Dubai median, easy to let, rents rising and fees repaid within a year; prices are slipping and lots of new supply is coming

Does it pay a good rent?8.7% gross, 7.4% after the service charge (Dubai median 6.8%)8.7%Strength
Is it easy to let?61% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%61%Strength
Business Bay median 41% · top tenth from 69%Safeer Tower 1 · 61%
Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Safeer Tower 1 is at 61%.
Are rents going up?New studio leases: AED 55,000 a year ago, AED 56,800 now+3.3%Strength
Are prices going up?Studio: AED 1,537/sqft a year ago, 1,438 now-6.4%Watch
How fast do fees pay back?AED 44,155 in fees to buy a studio; net rent covers it in 0.9 years0.9 yrsStrength
Can I sell easily?12 sales in 12 months, 7% of the tower (24 the year before)12Fair
Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
Did earlier buyers gain?Up 48% for buyers 5 years ago; launch buyers still 17% down, before fees+47.7%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Safeer Tower 1 prices and rents by unit typeA studio costs about AED 655,000 and rents for about AED 56,800 a year

Type	Median price	New rent	12-month change	Sales
Studio86 units · 455 sqft	AED 655,0001,438/sqftlaunch 1,689 -14.9%	8.7%+1.8 pts	AED 56,80042 contracts	-6.4%	7
1 bed54 units · 961 sqft	AED 1.07M1,164/sqft	7.3%+0.7 pts	AED 78,00013 contracts	under 5 sales in a year	4
2 bed28 units · 1,541 sqft	AED 1.60M1,066/sqft	under 3 sales	not published	under 5 sales in a year	1

Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Business Bay · area median AED 2,363/sqft

12-month change: -6.4%
3 years: +30.3% · +9.2%/yr
vs area median: -39.1%
Rank by price per sqft: 73rd of 79
Off-plan price gain, 2015–2017: -14.9% · -1.6%/yr

Rental income

Studio · Business Bay

Gross yield: 8.7%
Median new rent: AED 56,800/yr
Yield vs area median: +1.8 pts
Yield vs Dubai (6.8%): +1.9 pts
Yield rank: 3rd of 47
Renewal rent: AED 56,250/yr

Short-term income

Studio · 70% occupancy · 7-night stays · within 500 m

Modelled yield at 70% occupancy: 11.6%
Median nightly rate: AED 387
Net revenue: AED 75,914/yr
vs long-let rent: 1.3×
Listings seen: 3+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, Studio, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,359 · before fees

Launch, 2015–17: 1,638; −17%; 43 sales
5 years ago: 921; +48%; 4 sales
3 years ago: 937; +45%; 21 sales
Previous 12 months: 1,072; +27%; 24 sales
Last 12 months: 1,359; today; 12 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

12 resales in the last 12 months, against 21 a year on average over 2023–2025.

Date	Type	Sqft	Price
27 Jul 2026	1 bed	857	AED 1,050,000	1,225
29 Jun 2026	1 bed	961	AED 1,060,000	1,104
23 Jun 2026	Studio	457	AED 640,000	1,400
2 Apr 2026	Studio	455	AED 600,000	1,319
30 Mar 2026	Studio	457	AED 665,000	1,455
9 Mar 2026	1 bed	960	AED 1,177,292	1,226
25 Feb 2026	2 bed	1,501	AED 1,600,000	1,066
12 Jan 2026	Studio	445	AED 655,000	1,472
25 Dec 2025	Studio	445	AED 640,000	1,438
18 Dec 2025	Studio	445	AED 740,000	1,663

12 resales in the last 12 months.

Short-term rates around Safeer Tower 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

Occupancy assumption70%

Type	Nightly, AED	Net revenue at 70%	Long-let rent	Uplift	Net yield
Studio500 m cluster · 3+ listings seen	3870.85/sqft	AED 75,914	AED 56,800	1.3×	11.6%
1 bed500 m cluster · 26+ listings seen	4950.54/sqft	AED 91,456	AED 78,000	1.2×	8.5%
2 bed500 m cluster · 6+ listings seen	1,0890.73/sqft	AED 209,938	AED 124,000	1.7×	—

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Safeer Tower 1 places 136th of 150; the nearest 8 are shown.

Highest rental yields in Business Bay →

Rank	Building	Median price	Gross yield	12-month change	Sales
132	DAMAC Towers by Paramount (B)Completed 2018 · off-plan 2,290/sqft	AED 1.76M	1,391+2.3%	6.8%	-12.9%	34
133	Elite Business Bay ResidenceCompleted 2021 · off-plan 1,248/sqft	AED 800,000	1,390+2.3%	7.9%	-1.9%	50
134	FairviewCompleted 2014 · off-plan 1,422/sqft	AED 1.14M	1,373+1.0%	6.7%	+3.1%	12
135	East Heights 3	AED 2.50M	1,367+0.6%	—	+3.4%	17
136	Safeer Tower 1 · this buildingCompleted 2017 · off-plan 1,653/sqft	AED 702,500	1,359	9.3%	+26.8%	12
137	Capital Bay ACompleted 2014 · off-plan 1,676/sqft	AED 855,000	1,345-1.0%	7.1%	+16.3%	13
138	East Heights 4	AED 1.70M	1,339-1.5%	—	+6.7%	32
139	DAMAC Towers by Paramount (D)Completed 2018 · off-plan 2,144/sqft	AED 1.50M	1,327-2.4%	8.0%	-7.5%	44
140	Burj Pacific99% · Q1 2023 · off-plan 700/sqft	AED 2.03M	1,300-4.4%	7.4%	-13.3%	9

Rank 1 is the dearest per square foot. Differences are against Safeer Tower 1 (AED 1,359/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Safeer Tower 1 has registered sale prices 39% below the Business Bay median price per square foot of 2,363 AED, across 79 eligible buildings. It ranks 73rd of 79 by price per square foot and 3rd 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 1

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.

About Safeer Tower 1

Safeer Tower 1 is an apartment building completed in 2017 by Alseeb in Business Bay with 170 registered units. 270 sales are registered with the Dubai Land Department.

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

The building, as registered

Service charge: AED 18.35/sqft a year · 2026 budget
Floors: 16
Lifts: 4
Parking bays: 246
Pools: 1
Master developer: Alseeb

Drive times · typical

Downtown: 12 min · 7.3 km
DXB Airport: 15 min · 17 km
DIFC: 9 min · 11 km
Dubai Marina: 18 min · 21 km
Palm Jumeirah: 24 min · 25 km

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Safeer Tower 1: AED 1,359 per sq ft, 33% below the median Business Bay building, and a 9.3% gross yield, in the top tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Safeer Tower 1AED 1,359
Business Bay, readyAED 1,869
Business Bay, off-planAED 2,685
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Safeer Tower 1Business Bay median building

Business Bay9.3% vs 6.6%

Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

Nearby in Business Bay

Every building in Business Bay →

Prices per sq ft around Safeer Tower 1, on the map

Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Safeer Tower 1 is the inverted pinOpen in Apple Maps

Peninsula Four

Business Bay · 215 sales, 12 months

2.04M

AED, resale median · 2,517/sqft

Al Habtoor Tower

Business Bay · 205 sales, 12 months

3.44M

AED, resale median · 2,733/sqft

Peninsula Three

Business Bay · 164 sales, 12 months

1.74M

AED, resale median · 2,656/sqft

Regalia By Deyaar

Business Bay · 105 sales, 12 months

1.28M

AED, resale median · 1,782/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · Studio
7 registered sales in 12 months
On record
Rental evidence · Studio
42 new and 12 renewal contracts in 12 months · rent source: this building
On record
Service charge
AED 18.35/sqft a year, 2026 owners-association budget; 7.4% yield after it. Confirm against the latest invoice.
On record
Project register
Safeer Tower 1: recorded complete 2017-01-26 · register data to 2026-07-06
On record
Developer
Alseeb · delivery record
On record
Short-term assumption
Modelled at the published 70% occupancy on 3 listings seen; the dial above changes every short-term figure on this page
Read with care
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Safeer Tower 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: 2,913AED; 4.5% over 25 years
Monthly rent: 4,733AED; AED 56,800 a year
Cash needed at purchase: 184,705AED; 20% down plus AED 53,705 in fees

Owning costs AED 225,866 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in Safeer Tower 1?: Safeer Tower 1 returns 8.7% gross: a median new-contract rent of AED 56,800 a year (42 Ejari contracts in 12 months) over a price benchmark of AED 655,000 (median of 7 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
How much does a studio in Safeer Tower 1 cost?: The median registered sale price is AED 655,000 (1,438 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Safeer Tower 1 selling for right now?: Registered sales of ready units in Safeer Tower 1 over the last 12 months have a median of 1,438 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Safeer Tower 1 risen or fallen?: Median price per square foot moved -6.4% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Safeer Tower 1 compare with Business Bay?: Its 8.7% gross yield sits +1.8 pts against the Business Bay median of 6.8%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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