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Safeer Tower 2

A studio in Safeer Tower 2 costs a median AED 666,350, rents long-let for AED 53,000/yr (8.03% gross), and returns 13.87% short-let at the assumed 80% occupancy — +0.4 pts vs Business Bay's 7.62% and +1.1 pts vs Dubai's 6.97% — from 26 sales and 70 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
16 in 12 months
Rental contracts · Studio
35 in 12 months
Buy
666,350AED
AED 1,418/sqft
Long-let
8.03%
AED 53,000/yr
Short-let
13.87%
AED 408/night · 0.84/sqft

Price per sqft: Median of 16 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off 3 sales in the last 3 months.

Yield spread
+0.4 pts
vs the Business Bay median for this unit type
Turnover upside
+7.1%
new tenants pay more than sitting ones — 57 renewals
AED/yr/sqft
AED 111
Sales
26
Rental contracts
70
Renewal rent
AED 49,500/yr
12 months
+4.5%
3 years
+33.8%+10.2%/yr

Based on 26 sales and 70 rental contracts in the last 24 months.

Safeer Tower 2 is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 486 registered sales in all — the 26 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 666,35013808.03%
+0.4 pts
+4.5%26
1 bedAED 950,00010256.92%
-0.2 pts
+6.8%7
2 bedAED 1.61M99810.00%
+3.4 pts
1

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 2 bed: Priced off the last 5 sales — most recent March 2025.

Short-let rates around Safeer Tower 2

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

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio4080.84AED 92,449AED 53,0001.7×13.87%1+
1 bed1,0451.13AED 242,299AED 74,0003.3×25.51%1+
2 bed500m1,1670.72AED 260,689AED 115,0002.3×16.14%6+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.47 AED/night/sqft; latest Sep 2027, 0.5 AED/night/sqft; peak Dec 2026, 0.91 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Safeer Tower 2 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Safeer Tower 2 between 2015 and 2018 went for a median of AED 1,695/sqft (AED 865,502). The same building resells today at AED 1,366/sqft (AED 677,500) — an uplift of -21.7%.

Based on 108 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

18 resales in the last 12 months, against 17 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
3 Jul 2026Studio483AED 660,0001,367
11 Jun 2026Studio483AED 662,7001,373
8 Jun 2026Studio484AED 615,0001,271

3 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 2026Studio480AED 50,000104New
1 Sept 2026Studio483AED 42,00087Renewal
25 Aug 2026Studio480AED 43,00090New
13 Aug 2026Studio480AED 49,999104New
10 Aug 2026Studio483AED 47,80099Renewal
3 Aug 2026Studio476AED 46,00097New
1 Aug 2026Studio483AED 40,00083New
1 Aug 2026Studio476AED 43,00090New
28 Jul 2026Studio471AED 45,00096New
24 Jul 2026Studio480AED 54,150113Renewal
21 Jul 20261 bed928AED 65,00070Renewal
18 Jul 2026Studio484AED 43,00089New
15 Jul 20261 bed878AED 67,00076Renewal
2 Jul 2026Studio480AED 55,000115Renewal
1 Jul 2026Studio471AED 46,00098New
1 Jul 2026Studio480AED 47,00098New
27 Jun 2026Studio480AED 43,00090New
26 Jun 2026Studio491AED 42,00085New
10 Jun 20262 bed1,617AED 96,80060Renewal
6 Jun 2026Studio491AED 45,00092New
4 Jun 2026Studio483AED 57,000118Renewal
1 Jun 2026Studio483AED 47,09398New
31 May 2026Studio480AED 57,000119Renewal

23 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
16
Flats
178
Lifts
4
Parking bays
257
Swimming pools
1
Flats per lift
44.5
Parking per flat
1.44
Pools per 100 flats
0.56

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Safeer Tower 2?
Safeer Tower 2 returns 8.03% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 70 rental contracts registered in the last 24 months.
How much does a studio in Safeer Tower 2 cost?
The median registered sale price is AED 666,350 (1,380 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Safeer Tower 2 selling for right now?
Registered sales of ready units in Safeer Tower 2 over the last 12 months have a median of 1,418 AED/sqft, across 16 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Safeer Tower 2 risen or fallen?
Median price per square foot moved +4.5% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Safeer Tower 2 compare with Business Bay?
Its 8.03% gross yield sits +0.4 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Safeer Tower 2 sale record

Record type
Building-level property market record
Data date
Evidence base
26 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/safeer-tower-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Safeer Tower 2 sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/safeer-tower-2.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.