Safeer Tower 1 Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
52 developer launch sales registered at Safeer Tower 1 between Feb 2015 and Feb 2017: 100% apartments, most commonly studio units, typically around 455 sqft.
Bed mix: Studio 73% · 1-bed 19% · 2-bed 8%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Safeer Tower 1, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2015 Q1 | 6 | AED 1,670 |
| 2015 Q2 | 28 | AED 1,638 |
| 2015 Q3 | 8 | AED 1,675 |
| 2016 Q1 | 3 | AED 1,775 |
| 2016 Q3 | 3 | AED 1,680 |
| 2016 Q4 | 3 | AED 1,369 |
| 2017 Q1 | 1 | AED 1,711 |
Launch vs Resale
Safeer Tower 1 also has 109 ready-market resales registered with the DLD, the first on 1 June 2017 - 28 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Business Bay
Off-plan in Business Bay
Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.
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