Safeer Tower 2

P1 — Delivered Off-Plan Primary
Developer Al Seeb Real Estate Development
Community Business Bay
Property type Apartment
Data updated Jan 08, 2026

Safeer Tower 2 is a Delivered development by Al Seeb Real Estate Development in Business Bay. 178 units across Studio (57%), 1 Bedroom (30%), 2 Bedroom (11%). Over the trailing 12 months, 239 sales at a median of AED 750,000.

Key Metrics
Median Price
Value
AED 750,000
Change
13.6% YoY
Transactions
Value
239
Change
21 in period
Price / sqft
Value
AED 1,409
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 750,000
↑ 13.6% YoY
Transactions
239
↑ 21 in period
Price / sqft
AED 1,409
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
5.5%
Holding Period
Value
3.3 yrs
Liquidity
Value
11.9%
Price Dispersion
Value
11.3%
Ready Market Mix
Value
0.0%
Rental Activity
Value
47.2%
Capital Return
5.5%
Holding Period
3.3 yrs
Liquidity
11.9%
Price Dispersion
11.3%
Ready Market Mix
0.0%
Rental Activity
47.2%

Rental Performance

Rental Volume
Value
923
Avg Annual Rent
Value
AED 52,725
New Leases
Value
66.6%
Renewals
Value
33.4%
Rental Volume
923
Avg Annual Rent
AED 52,725
New Leases
66.6%
Renewals
33.4%

Unit Mix

By bedroom type
Studio 102 units · 57%
1 Bedroom 54 units · 30%
2 Bedroom 20 units · 11%
4 Bedroom 2 units · 1%

Transaction Breakdown

All time — 239 transactions
Off-Plan Primary
107
Off-Plan Secondary
1
Ready Primary
71
Ready Secondary
60

Price History

Median Price — Safeer Tower 2

Median prices in Safeer Tower 2 have declined significantly, down 22% to AED 675K over the past 7 months.

Recent Transactions

Showing last 10 of 239
Date Type Price (AED) Size (sqft) AED/sqft
Jan 08, 2026 RP Secondary 675,000 479 1,407
Nov 19, 2025 RP Secondary 685,000 479 1,428
Nov 19, 2025 RP Secondary 950,000 928 1,023
Nov 18, 2025 RP Secondary 750,000 479 1,563
Nov 18, 2025 RP Secondary 750,000 482 1,553
Nov 18, 2025 RP Secondary 750,000 479 1,563
Nov 18, 2025 RP Secondary 750,000 483 1,550
Nov 17, 2025 RP Secondary 750,000 482 1,553
Nov 17, 2025 RP Secondary 750,000 479 1,563
Nov 17, 2025 RP Secondary 750,000 482 1,553

This project is in Business Bay

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