Quick Facts
| Developer | Al Seeb Real Estate Development and Al Safeer Group |
|---|---|
| Community | Business Bay |
| District | Business Bay |
| Emirate | Dubai |
| Type | Residential |
| Floors above ground | 18 |
| Total units | 170 |
| Year completed | 2017 |
| Construction status | Completed |
| Ownership | Freehold |
| Nearest metro | Business Bay Metro Station |
Key takeaways
- Safeer Tower 1 has 18 residential floors in Business Bay.
- Al Seeb lists 170 apartments for Safeer Tower 1.
- Completion reached 100 percent in January 2017, according to project trackers.
- Studios, 1-bedroom and 2-bedroom homes form the core mix.
- Service charges show residential entries around AED 18.45/sqft.
- Business Bay setting sits near Downtown Dubai and Al Khail Road.
Safeer Tower 1: What You Need to Know
Safeer Tower 1 is a completed residential apartment tower in Business Bay, Dubai, developed by Al Seeb Real Estate Development and Al Safeer Group. Public sources identify it as an 18-floor residential building completed in 2017, with Al Seeb’s own portfolio page listing 170 apartments and a finished, sold-out status. The tower serves buyers and renters who want Business Bay access at a generally more affordable price point than Downtown Dubai or premium canal-front developments. Its unit mix includes studios, 1-bedroom and 2-bedroom apartments, with some sources also referencing penthouses or larger units. Safeer Tower 1 should be evaluated as a central Dubai income-building asset: rents can be strong because Business Bay is liquid, but the building is not a new luxury launch, so condition, furnishing, service charges and maintenance history matter. For search intent, the clearest answer is that Safeer Tower 1 is a completed 18-floor Business Bay residential tower with about 170 developer-listed apartments. This makes the tower a useful comparison point for investors who want Business Bay exposure but are not targeting the newest branded or waterfront launches in the district.
> AMBER: Al Seeb lists 170 apartments for Safeer Tower 1, while some market portals show different registered counts. Verify the exact unit schedule with Dubai Land Department before transaction analysis.
Location and Access in Business Bay
Safeer Tower 1 is located in Business Bay, one of Dubai’s most active mixed-use districts for apartments, offices, hotels and restaurants. The location is a major advantage because residents can reach Downtown Dubai, Dubai Mall, DIFC, Dubai Canal and Sheikh Zayed Road without leaving central Dubai. Al Khail Road and Sheikh Zayed Road provide important routes across the city, while Business Bay Metro Station on the Red Line is the most relevant public-transport reference point. The tower is not always chosen as a pure walk-to-metro address, so residents should assess their actual commute by car, taxi, bus or metro connection. Business Bay’s lifestyle appeal comes from its combination of central offices, waterfront promenades, supermarkets, gyms, clinics and nearby restaurants. Traffic can be busy at peak hours, especially toward Downtown and Sheikh Zayed Road, but the area’s centrality supports rental demand from professionals who work in Business Bay, Downtown, DIFC, Dubai Design District or nearby commercial zones. Residents should also compare walking routes and taxi availability because actual door-to-door convenience can differ from map distance.
| Access point | Practical relevance |
|---|---|
| Business Bay Metro Station | Nearest Red Line reference point |
| Al Khail Road | Key route toward Meydan and inland Dubai |
| Downtown Dubai | Nearby retail and employment destination |
| Dubai Canal | Lifestyle and walking corridor in Business Bay |
Unit Types and Layouts
Safeer Tower 1 has a practical residential layout mix aimed at Business Bay tenants and investors. Bayut identifies studios, 1-bedroom apartments, 2-bedroom apartments and penthouses, while Al Seeb confirms a residential apartment complex with 170 units. Studios are often preferred by singles and investors because they are easier to lease at an accessible annual rent. One-bedroom apartments suit professionals and couples who want central Dubai living without a Downtown price tag. Two-bedroom apartments serve small families, sharers or tenants needing a work-from-home room. Bayut’s layout descriptions indicate studio sizes around 426 to 585 square feet, 1-bedroom layouts around 859 to 992 square feet and 2-bedroom units around 1,476 to 1,561 square feet. Buyers should compare actual floor plans because size efficiency, balcony position, view and furniture can have a large effect on rent. Larger penthouse-style homes are less common and should be valued separately from standard apartments.
> AMBER: Unit-size ranges for Safeer Tower 1 are based on public listing guides and may not apply to every registered unit. Verify the exact floor plan and title area before purchase or lease.
| Unit type | Indicative size range |
|---|---|
| Studio | 426–585 sqft |
| 1-bedroom | 859–992 sqft |
| 2-bedroom | 1,476–1,561 sqft |
| Penthouse | Limited larger layouts |
Prices and Rental Trends in Safeer Tower 1
Safeer Tower 1 sits in the more affordable part of the Business Bay apartment market, which supports its appeal to yield-focused investors. Property Index reports 176 registered units, a project-wide indicative price around AED 929,000, a price per square foot around AED 1,277 and an indicative annual rent around AED 86,000, with a gross yield around 9.3 percent. Recent transaction examples show studio sales in early 2026 around AED 640,000 to AED 655,000 at roughly AED 1,438 to AED 1,472 per square foot. Rental evidence is also active: Bayut pages show average listing rents around AED 67,000 for studios, AED 98,000 for 1-bedroom apartments and AED 134,000 for 2-bedroom apartments, while the whole-building average is around AED 85,000 per year. These figures should be treated as indicative because furnished condition, floor height, view and tenancy status materially affect value. Investors should compare Safeer Tower 1 with nearby Business Bay towers before assuming the building average applies. Because Business Bay contains many competing towers, a buyer should not pay a broad district premium unless the unit’s condition, view, parking and lease income support it.
> AMBER: Prices and rents shown for Safeer Tower 1 are indicative based on public market portals and DLD-backed summaries. Verify current DLD transactions, active listings and tenancy status before buying or renting.
| Metric | Indicative figure | Source note |
|---|---|---|
| Project-wide price | AED 929,000 | Property Index |
| Average price/sqft | AED 1,277 | Property Index |
| Studio rent | AED 67,000/year | Bayut listing average |
| 1-bedroom rent | AED 98,000/year | Bayut listing average |
| 2-bedroom rent | AED 134,000/year | Bayut listing average |
Amenities and Building Facilities
Safeer Tower 1 offers the core facilities expected in a Business Bay residential tower. Bayut highlights a gymnasium, swimming pool and children’s play area, while Al Seeb’s portfolio and brochure references point to marble flooring, district cooling, modular kitchen cabinets and premium bathroom fittings inside apartments. Other public descriptions mention a lobby, high-speed elevators, security and maintained common areas. For tenants, the most important amenity questions are not only whether a pool or gym exists, but how well those facilities are maintained, whether access is included, and whether building management responds quickly to maintenance issues. For owners, amenity quality affects tenant renewal and resale perception. Buyers should inspect the lobby, corridors, parking, lifts, pool deck and gym during viewing rather than relying only on marketing photos. Because Safeer Tower 1 is an established building, maintenance condition is a meaningful part of the value assessment.
- Swimming pool
- Gymnasium
- Children’s play area
- Lobby
- High-speed elevators
- Security
- District cooling
- Covered parking
Buying in Safeer Tower 1
Buying in Safeer Tower 1 is most relevant for investors and end users who want Business Bay access at a lower price than many newer central Dubai towers. The first step is to compare recent DLD transactions by bedroom type, because studio pricing and 2-bedroom pricing behave differently. The second step is to inspect condition carefully. Kitchen finishes, bathroom fittings, flooring, balcony usability, air-conditioning performance and furnishing quality can all affect rental demand. Buyers should request the title deed, current service-charge statement, latest DEWA or cooling information, parking allocation, existing tenancy contract and proof of no outstanding arrears. If a unit is sold rented, the lease term, payment schedule, rent level and renewal history are central to yield analysis. Mortgage buyers should compare bank valuation against the seller’s asking price. Investors should also allow for maintenance and vacancy because older central towers can require periodic repairs even when gross yields appear attractive. Purchasers comparing Safeer Tower 1 with newer Business Bay projects should price in renovation risk and possible downtime between tenants.
> AMBER: Investor returns for Safeer Tower 1 are indicative. Confirm title, tenancy, service-charge arrears, cooling obligations and maintenance condition before signing an MOU.
Renting in Safeer Tower 1
Renting in Safeer Tower 1 suits residents who want a central Dubai apartment, Business Bay access and more attainable rents than premium Downtown or waterfront buildings. Studios and 1-bedroom apartments are the most practical options for single professionals and couples, while 2-bedroom layouts serve small families or sharers who need larger internal space. Tenants should inspect the actual unit because furnishing, kitchen condition, bathroom age, view and balcony size can vary widely between apartments. The lease should clearly state whether the unit is furnished, whether maintenance is handled by the landlord, whether chiller or cooling is billed separately and how many parking spaces are included. Commuters should test travel routes to work because Business Bay traffic can be heavy during peak hours. A standard tenancy should be registered through Ejari, and deposits should be paid only after verifying landlord documents, broker licensing and the contract details. Renters should request a snagging-style walkthrough at handover so appliance condition, plumbing, cooling and furniture inventory are documented before move-in.
> AMBER: Rental figures for Safeer Tower 1 are indicative listing averages. Confirm current rent, chiller treatment, maintenance responsibilities, parking and Ejari registration before signing.
Service Charge and Ownership Costs
Service charges in Safeer Tower 1 are an important part of net-yield analysis. DXBInteract’s service-charge page shows Safeer Tower 1 entries including AED 18.45 per square foot and AED 12.94 per square foot, suggesting that rates may vary by unit category, usage, year or data presentation. Fam Properties separately shows retail service-charge information for the building, reinforcing the need to verify the exact category for a specific unit. For residential buyers, the safest working assumption is to use the current RERA-approved amount rather than an old portal snapshot. Service charges usually support cleaning, security, maintenance, common utilities, management, insurance and reserve funds, but they do not replace mortgage payments, repairs inside the unit, furnishing costs, landlord insurance or vacancy. Before buying, owners should request the latest statement of account and confirm whether any arrears, penalties or pending major works are attached to the unit.
> AMBER: Service charge figures shown are indicative and may vary by category or year. Verify exact rates with RERA Service Charge Index (rera.dubai.ae) before completing any purchase or rental agreement.
| Public entry | Indicative service charge |
|---|---|
| DXBInteract residential entry | AED 18.45/sqft |
| DXBInteract additional entry | AED 12.94/sqft |
| Fam Properties retail entry | AED 14.79/sqft |
Business Bay Community Context
Business Bay is the main reason Safeer Tower 1 remains relevant for buyers and renters. The district combines apartments, offices, hotels, shops, restaurants and the Dubai Canal, which creates steady demand from professionals who want to live near central employment zones. Compared with Downtown Dubai, Business Bay can offer lower rents and purchase prices while still keeping residents close to Dubai Mall, DIFC and Sheikh Zayed Road. Compared with Arjan or Dubai Sports City, it offers stronger central access but higher service charges and busier traffic. Safeer Tower 1 competes with many other Business Bay buildings, so unit condition and pricing discipline matter. Investors should monitor nearby supply and rental trends because tenants have several alternatives. End users should compare commute, parking, building maintenance and lifestyle access before choosing Safeer Tower 1 over newer, more expensive towers in the same district.
Community Data
Wikipedia-style structured snapshot. Verify exact figures with RERA, the Dubai Land Department and the developer before transacting.
| Official name | Safeer Tower 1 |
|---|---|
| Who can buy | All nationalities |
| RERA registration | Not publicly confirmed — verify with Dubai Land Department |
| Nearest major road | Al Khail Road |
| Parking | Covered parking publicly referenced in building listings |
| Freehold zone | Yes |
| Ejari registered | Yes |
| Typical resident profile | Business Bay professionals, small households and central Dubai yield investors |
| Avg sale price (AED/sqft) | 1277 |
| Avg rent — studio (AED/yr) | 67000 |
| Avg rent — 1 BR (AED/yr) | 98000 |
| Avg rent — 2 BR (AED/yr) | 134000 |
| Service charge (AED/sqft/yr) | 18.45 |
| Est. gross yield | 9.3 |
| Price trend | Stable |
| Architect | Not publicly confirmed — verify with Dubai Land Department |
| Metro line | Red Line |
Amenities
- Swimming pool
- Gymnasium
- Children’s play area
- Lobby
- High-speed elevators
- Security
- District cooling
Notable facts
- 18-floor residential tower
- Al Seeb lists 170 apartments
- Completed in January 2017
Known issues
- Unit count differs across public portals
- Service-charge entries differ by category
- Older building condition should be inspected carefully
Unit types
- Studio apartments
- 1-bedroom apartments
- 2-bedroom apartments
- Penthouses
Data confidence: Medium — Al Seeb confirms finished status, Business Bay location and 170 apartments; Bayut confirms 18 floors, 2017 completion and unit types; Binayah confirms 100 percent progress and completion date; DXBInteract lists service-charge entries; Property Index gives indicative sales, rents and yield.
Who It Suits
Good fit
- Business Bay professionals, small households and central Dubai yield investors
Usually a poor fit
- Buyers who need a fundamentally different product type, location or budget.
- Anyone unwilling to verify pricing and service charges live with DLD before transacting.
Pros and Cons
Pros
- 18-floor residential tower
- Al Seeb lists 170 apartments
- Completed in January 2017
Cons
- Unit count differs across public portals
- Service-charge entries differ by category
- Older building condition should be inspected carefully
Further reading
- https://alseebdevelopers.com/portfolio/safeer-tower-1/
- https://www.bayut.com/buildings/safeer-tower-1/
- https://propsearch.ae/dubai/safeer-tower-1
- https://www.binayah.com/dubai-construction-updates/safeer-tower-1/
- https://www.propertyindex.ae/communities/business-bay/safeer-tower-1
- https://dxbinteract.com/service-charges-dubai/safeer-tower-1