SAFEER TOWER 1
Studio Studio DAMAC Properties
Total Price
600,000
Rate
1,319 AED/sqft
Size
455 sqft
Comparable sales
View area trendsRental context
Comparable studio studios in Business Bay rent for a median of 55,000/yr across 121 Ejari contracts in the last two years.
Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).
Verdict logic
This transaction cleared at 1,319 AED/sqft, below market compared with the median of comparable studio sales in Business Bay.
- Comparable median: 1,568 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
- Delta vs comparable median: −15.9%.
- Gifts and mortgages excluded.
Location context
Business Bay · DAMAC Properties
Centroid shown — DLD parcel coordinates ship with the live data feed.
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Ask AIVerify & cross-reference
DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.
- Building
- SAFEER TOWER 1, Business Bay
- Sale date
- 02 Apr 2026
- Procedure
- Sell · Ready · arm's-length
- DLD ref
- DLD-1-11-2026-12393
- DLD AED/sqm
- 14,198(our derived AED/sqft: 1,319)
▸ Raw DLD record
- transaction_id
- dld-1-11-2026-12393
- instance_date
- 2026-04-02
- area_name_en
- Business Bay
- master_project_en
- Business Bay
- project_name_en
- SAFEER TOWER 1
- building_name_en
- SAFEER TOWER 1
- property_type_en
- Studio
- rooms
- 0 BR
- size_sqft
- 455
- actual_worth
- AED 600,000
- meter_sale_price
- 14,198 AED/sqm
- procedure_name_en
- Sell
- reg_type_en
- Existing Properties
- property_usage_en
- Residential
- has_parking
- yes
- parties (seller / buyer)
- 1 / 1
- nearest_landmark_en
- Downtown Dubai
- nearest_metro_en
- Business Bay Metro Station
- nearest_mall_en
- Dubai Mall
- load_timestamp
- 2026-05-20T13:18:43.000Z
This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗