Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Safeer Tower 1

CompletedBusiness BayCompletion on file Jan 2017

176 homes on the DLD register in Business Bay, filed by Alseeb Real Estate Development L.L.C. 281 sales have been registered against it between 26 May 2008 and 27 Jul 2026.

Construction completeCompleted

Recorded at DLD's site inspection of 5 Feb 2017. That is an inspector's last visit, not today — the site has moved on since.

Developer entityAlseeb Real Estate Development L.L.C
Area (DLD)Business Bay
StatusCompleted
Homes176
Registered sales281
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityAlseeb Real Estate Development L.L.C
Area (DLD)Business Bay
Master communityBusiness Bay
Project statusCompleted
Construction progress100.00% complete (DLD inspection, 5 Feb 2017)
Homes registered176
Buildings1
Registered start1 Mar 2014
Registered completion date26 Jan 2017
DLD project number1546
Description as recorded by DLD

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.

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankNoor Bank P.J.S.C
Escrow account00110553180012

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Jan 2017.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

281 sales were registered against Safeer Tower 1 between 26 May 2008 and 27 Jul 2026 — a span of 218 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
1,400
Across 19 apartment and villa sales since 28 Apr 2025
Median price
AED 665k
Median size 457 sqft
Registered sales
281
26 May 2008 to 27 Jul 2026
Area median AED/sqft
1,909
Business Bay: 2,308 sales, resale only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers resale only in Business Bay over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
1,194Q2 2025n=21,537Q3 2025n=41,422Q4 2025n=51,341Q1 2026n=41,319Q2 2026n=31,225Q3 2026n=1

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio12450 sqft1,446
1 bedroom5961 sqft1,104
2 bedrooms21,542 sqft994

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion0—
Registered after completion191,400

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
SAFEER TOWER 116
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
24 Jul 2026Existing1 bedroom857 sqftAED 1,050,0001,225
29 Jun 2026Existing1 bedroom961 sqftAED 1,060,0001,104
23 Jun 2026ExistingStudio457 sqftAED 640,0001,400
2 Apr 2026ExistingStudio455 sqftAED 600,0001,319
30 Mar 2026ExistingStudio457 sqftAED 665,0001,455
9 Mar 2026Existing1 bedroom960 sqftAED 1,177,2921,226
25 Feb 2026Existing2 bedrooms1,501 sqftAED 1,600,0001,066
12 Jan 2026ExistingStudio445 sqftAED 655,0001,472
25 Dec 2025ExistingStudio445 sqftAED 640,0001,438
27 Nov 2025Existing1 bedroom1,011 sqftAED 1,080,0001,068
13 Nov 2025ExistingStudio462 sqftAED 655,0001,418
9 Oct 2025ExistingStudio457 sqftAED 650,0001,422

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
1,225
Across 3 registered sales to 2 Oct 2026
Registered sales, all time
281
26 May 2008 to 27 Jul 2026
The latest 25 of 281 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
27 Jul 2026Flat1 B/R8571,050,0001,225
29 Jun 2026Flat1 B/R9611,060,0001,104
23 Jun 2026FlatStudio457640,0001,400
2 Apr 2026FlatStudio455600,0001,319
30 Mar 2026FlatStudio457665,0001,455
9 Mar 2026Flat1 B/R9601,177,2921,226
25 Feb 2026Flat2 B/R1,5011,600,0001,066
12 Jan 2026FlatStudio445655,0001,472
25 Dec 2025FlatStudio445640,0001,438
18 Dec 2025FlatStudio445740,0001,663
27 Nov 2025Flat1 B/R1,0111,080,0001,068
13 Nov 2025FlatStudio462655,0001,418
9 Oct 2025FlatStudio457650,0001,422
2 Oct 2025FlatStudio427699,0001,638
24 Sep 2025FlatStudio445700,0001,573
3 Sep 2025FlatStudio429660,0001,537
11 Aug 2025Flat2 B/R1,5011,500,000999
23 Jul 2025FlatStudio427720,0001,687
15 Jul 2025FlatStudio429660,0001,537
11 Jul 2025Flat2 B/R1,5831,460,000922
16 Jun 2025Flat2 B/R1,5011,480,000986
23 May 2025Flat2 B/R1,5011,600,0001,066
16 May 2025Flat1 B/R961963,0001,003
13 May 2025FlatStudio476660,0001,386
6 Mar 2025Flat2 B/R1,5011,575,0001,049

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest metroBusiness Bay Metro Station
Nearest mallDubai Mall
Nearest landmarkDowntown Dubai

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT SAFEER TOWER 1

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    176 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Completed” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    281 registered sales

    Prices already paid, registered between 26 May 2008 and 27 Jul 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

Tell us your budget and objective and we will come back with the current position.

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