Safeer Tower 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Al Seeb
176
Total Units
176
Sold
AED 796,900
Median Price
AED 1,400
Median Price /sqft
Construction progress: 100%
Start: Jul, 2014Completion: Feb, 2017

Safeer Tower 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio86430 sqft - 600 sqftAED 0.7M (1,430 /sqft)AED 2,500 /sqft
-42.82
1 Bed54850 sqft - 1,010 sqftAED 1.1M (1,160 /sqft)AED 2,420 /sqft
-51.93
2 Beds281,500 sqft - 1,580 sqftAED 1.6M (1,070 /sqft)AED 2,420 /sqft
-55.9
4 Beds24,930 sqft - 4,960 sqftAED 2,560 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment959 sqft6.6 sqft 1AED 1,379,447AED 1,438 /sqft 06, Aug 2017
1Apartment960 sqft6.62 sqft 1AED 1,347,696AED 1,404 /sqft 26, Aug 2017
StudioApartment601 sqft0 sqft 1AED 925,000AED 1,539 /sqft 06, Aug 2017
StudioApartment430 sqft3.13 sqft 1AED 714,048AED 1,661 /sqft 06, Aug 2017
StudioApartment426 sqft3.15 sqft 1AED 710,821AED 1,669 /sqft 06, Aug 2017
StudioApartment445 sqft4.74 sqft 1AED 692,306AED 1,556 /sqft 06, Aug 2017
StudioApartment445 sqft4.74 sqft 1AED 670,536AED 1,507 /sqft 26, Aug 2017
StudioApartment427 sqft3.15 sqft 1AED 664,004AED 1,555 /sqft 06, Aug 2017
StudioApartment430 sqft3.13 sqft 1AED 560,000AED 1,302 /sqft 04, Mar 2018
StudioApartment601 sqft0 sqft 1AED 360,378AED 600 /sqft 01, Nov 2020
1Apartment961 sqft6.64 sqft 10AED 1,392,899AED 1,449 /sqft 10, Aug 2017
1Apartment857 sqft9.15 sqft 10AED 1,282,553AED 1,497 /sqft 10, Aug 2017
1Apartment852 sqft9.15 sqft 10AED 1,240,502AED 1,456 /sqft 15, Apr 2015
1Apartment960 sqft6.62 sqft 10AED 672,021AED 700 /sqft 01, Mar 2022
2Apartment1,580 sqft13.55 sqft 10AED 2,171,741AED 1,375 /sqft 14, Apr 2015

Safeer Tower 1 Real Estate Data – FAQ

  • What is the current property supply in Safeer Tower 1?

    Safeer Tower 1 has a total residential supply of approximately 60 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Safeer Tower 1?

    Safeer Tower 1 recorded 13 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Safeer Tower 1?

    The median transaction price in Safeer Tower 1 is AED 1,400 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Safeer Tower 1?

    The gross rental yield in Safeer Tower 1 is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Safeer Tower 1?

    Property prices in Safeer Tower 1 have shown a capital appreciation of 18% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Safeer Tower 1?

    There are currently 0 active off-plan projects in Safeer Tower 1, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Safeer Tower 1?

    The total off-plan pipeline in Safeer Tower 1 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Safeer Tower 1 a good area for property investment?

    Safeer Tower 1 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Safeer Tower 1, this is %, indicating relatively strong income performance compared to global markets.

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