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SAFEER TOWER 1

Completed

Developed by ALSEEB REAL ESTATE DEVELOPMENT L.L.C. Located in Business Bay.

Construction progress100%Expected 26 Jan 2017
Units1761 buildings · 0 villas
Registered sales28116 in the last 12 months
Median sale priceAED 791KMedian of registered salesAED 1,413/sqft

Registry record

Project number
1546
Name on the register
سفير تاور 2
Developer
ALSEEB REAL ESTATE DEVELOPMENT L.L.C
Master developer
الخليج التجاري (ش.ذ.م.م)
Escrow agent
NOOR BANK P.J.S.C
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
Start date
1 Mar 2014
Expected completion
26 Jan 2017
Actual completion
26 Jan 2017
Cancelled
Not recorded
Plots
0
Progress
100%

Residential Building consists of (2B + G + P + 15 floor), located in Business BAY area. The project designed as a concrete structure with internal & external finishing.

Sales evidence

Median size
601 sqft
Median price per sqft
AED 1,413/sqft
Total value transacted
AED 361.07M
Off-plan vs ready
54 off-plan · 227 ready
First sale
26 May 2008
Latest sale
27 Jul 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 36 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES3.00
Reserved FundResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES1.00
MaintenanceResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES2.00
Utilities ServicesResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES9.00
Management ServicesResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES1.00
InsuranceResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES1.00
Master CommunityResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
IncomeResidentialRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
ServicesRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES6.00
Reserved FundRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
MaintenanceRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES1.00
Utilities ServicesRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES3.00
Management ServicesRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES1.00
InsuranceRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES1.00
Master CommunityRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
IncomeRetailRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
ServicesParkingRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES4.00
Reserved FundParkingRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
MaintenanceParkingRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
Utilities ServicesParkingRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES2.00
Management ServicesParkingRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00
InsuranceParkingRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES1.00
IncomeParkingRELIANCE OWNERS ASSOCIATION MANAGEMENT SERVICES0.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
27 Jul 2026Business BaySAFEER TOWER 1Business BayFlatExisting Properties1 B/R857 sqftAED 1,225/sqftAED 1,050,000
29 Jun 2026Business BaySAFEER TOWER 1Business BayFlatExisting Properties1 B/R961 sqftAED 1,104/sqftAED 1,060,000
23 Jun 2026Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio457 sqftAED 1,400/sqftAED 640,000
2 Apr 2026Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio455 sqftAED 1,319/sqftAED 600,000
30 Mar 2026Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio457 sqftAED 1,455/sqftAED 665,000
9 Mar 2026Business BaySAFEER TOWER 1Business BayFlatExisting Properties1 B/R960 sqftAED 1,226/sqftAED 1,177,292
25 Feb 2026Business BaySAFEER TOWER 1Business BayFlatExisting Properties2 B/R1,501 sqftAED 1,066/sqftAED 1,600,000
12 Jan 2026Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio445 sqftAED 1,472/sqftAED 655,000
25 Dec 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio445 sqftAED 1,438/sqftAED 640,000
18 Dec 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio445 sqftAED 1,663/sqftAED 740,000
27 Nov 2025Business BaySAFEER TOWER 1Business BayFlatExisting Properties1 B/R1,011 sqftAED 1,068/sqftAED 1,080,000
13 Nov 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio462 sqftAED 1,418/sqftAED 655,000
9 Oct 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio457 sqftAED 1,422/sqftAED 650,000
2 Oct 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio427 sqftAED 1,638/sqftAED 699,000
24 Sept 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio445 sqftAED 1,573/sqftAED 700,000
3 Sept 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio429 sqftAED 1,537/sqftAED 660,000
11 Aug 2025Business BaySAFEER TOWER 1Business BayFlatExisting Properties2 B/R1,501 sqftAED 999/sqftAED 1,500,000
23 Jul 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio427 sqftAED 1,687/sqftAED 720,000
15 Jul 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio429 sqftAED 1,537/sqftAED 660,000
11 Jul 2025Business BaySAFEER TOWER 1Business BayFlatExisting Properties2 B/R1,583 sqftAED 922/sqftAED 1,460,000
16 Jun 2025Business BaySAFEER TOWER 1Business BayFlatExisting Properties2 B/R1,501 sqftAED 986/sqftAED 1,480,000
23 May 2025Business BaySAFEER TOWER 1Business BayFlatExisting Properties2 B/R1,501 sqftAED 1,066/sqftAED 1,600,000
16 May 2025Business BaySAFEER TOWER 1Business BayFlatExisting Properties1 B/R961 sqftAED 1,003/sqftAED 963,000
13 May 2025Business BaySAFEER TOWER 1Business BayFlatExisting PropertiesStudio476 sqftAED 1,386/sqftAED 660,000
6 Mar 2025Business BaySAFEER TOWER 1Business BayFlatExisting Properties2 B/R1,501 sqftAED 1,049/sqftAED 1,575,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.