Dubai Land Department Off-Plan Register

Safeer Tower 2 Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

108 developer launch sales registered at Safeer Tower 2 between Aug 2015 and Jan 2018: 100% apartments, most commonly studio units, typically around 482 sqft.

Launch sales
108
DLD off-plan registrations, all time
Median launch /sqft
AED 1,695
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 689,2784,500,000
Min – max registered

Bed mix: Studio 71% · 1-bed 20% · 2-bed 7% · 4+-bed 1%.

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 history

Launch Price by Quarter

Median registered launch price per square foot at Safeer Tower 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q38AED 1,556
2015 Q437AED 1,695
2016 Q123AED 1,794
2016 Q25AED 1,647
2016 Q36AED 1,619
2016 Q41AED 1,695
2017 Q12AED 1,640
2017 Q211AED 1,830
2017 Q32AED 1,722
2017 Q412AED 1,498
2018 Q11AED 1,092
Two different markets

Launch vs Resale

Safeer Tower 2 also has 97 ready-market resales registered with the DLD, the first on 15 March 2018 - 31 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.

Resales registered
97
34 in the last 2 years
Resale median /sqft
AED 1,367
last 2 years
Resale vs launch
-19%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Safeer Tower 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,465 sqft · 10 January 2018
AED 1,600,000
AED 1,092 /sqft
Apartment · 1 Bed
873 sqft · 25 December 2017
AED 1,040,000
AED 1,191 /sqft
Apartment · 1 Bed
915 sqft · 21 December 2017
AED 1,350,000
AED 1,475 /sqft
Apartment · 2 Bed
1,465 sqft · 5 December 2017
AED 1,690,000
AED 1,154 /sqft
Apartment · Studio
480 sqft · 16 November 2017
AED 733,408
AED 1,528 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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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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