Safeer Tower 1, Business Bay

Safeer Tower 1, Business Bay

HIGHLIGHTS

About Al Safeer Tower 1

Safeer Tower 1 is a residential building located in Business Bay, Dubai. Developed by Al Seeb Developers, it is a mid-rise tower that has 16 floors above the ground. The construction of Safeer 1 was completed in 2016 and it features a mix of studio, 1-bedroom, 2-bedroom units and 4-bedroom penthouses. Residents of Safeer Tower 1 enjoy views of the Dubai Creek and Burj Khalifa.

Business Bay’s strategic location between the Sheikh Zayed Road and Al Khail Road makes travel convenient for professionals working in the area. Safeer Tower 1 has easy access to main Al Khail Road (E44) via Al Asayel Street. One can also drive to Dubai Mall, situated within a 10-minute radius.

IN A NUTSHELL

  • Located in Business Bay
  • A mid-rise residential building
  • Features a mix of studios, 1-bed and 2-bed apartments
  • 4-bedroom penthouses are also available
  • Boasts amenities like gymnasium and swimming pool
  • Close to DIFC, Zabeel, Oud Mehta and Dubai Mall
  • Located alongside Al Khail Road

BUILDING DETAILS

Facilities in Safeer 1

Parking

Al Safeer Tower 1 has a dedicated parking area for its residents, located on the ground floor of the building. Both residents and visitors can use the covered parking spots. In case of space shortage, visitors can park their vehicles outside the building premises.

Elevators

There are a total of four high-speed elevators in Al Safeer Tower 1.

Security, Central Air-Conditioning and Maintenance Services 

Al Safeer Tower 1 premises are monitored through CCTV cameras and there is security staff on standby — ready to respond in case of a security threat. Units throughout the tower are provided district cooling services, sourced by Empower. Moreover, the building has its own maintenance staff that proactively maintains the premises and fix any malfunctioning faced by the residents.

Event Space

For events, residents can use the pool space to organise parties.

Gym and Fitness Facilities 

The gym in Al Safeer Tower 1 is fully equipped, featuring all the basic strength training equipment such as an abdominal bench, pec-deck machine and other standard workout equipment. One will also find separate changing rooms for both men and women.  

Lifestyle Amenities

Safeer Tower 1 has a large, outdoor swimming pool that is surrounded by lounge chairs. There is also a kid’s pool right next to it and a children’s play area.

Concierge and Guest Services 

There is a reception desk on the ground floor that assists with the queries. Visitors and guests can wait in the magnificent lobby of the building.

Pet-friendly

Pets are not allowed in Safeer Tower 1.

Safety Features

Safeer 1 meets all the building and fire safety codes mandated by government authorities. There is a fire extinguisher available in every apartment, along with a fire escape on each floor.

Safeer Tower 1 Floor Plans 

The residential units in Safeer Tower 1 come in different configurations.

  • Studio apartments in Safeer Tower 1 consist of three different unit types
  • 1-bedroom apartments in Safeer Tower 1 consist of three different unit types
  • 2-bedroom apartments in Safeer Tower 1 consist of two different unit types

Those looking to see these configurations in detail can view the 2D and 3D floors plans for Safeer Tower 1 available on Bayut.

Apartment Types in Safeer 1

The residential units in Safeer 1 are divided into studios, 1-bedroom and 2-bedroom apartments. Luxurious 4-bedroom penthouses are also available.

Studios in Safeer Tower 1 

Built on three different configurations, the studios in Safeer tower 1 typically come in the range of 426 sq. ft. to 585 sq. ft. of floor space.  These studio apartments are fully furnished, featuring a bed, bath and closet space, a kitchen, laundry space and a living area. Some of these units come with a large balcony.

1-Bedroom Apartments in Safeer Tower 1 

The 1-bedroom apartments in Safeer Tower 1 come in three different configurations and are built on a floor space of 859 sq. ft. to 992 sq. ft. These units offer large panoramic windows that boast a full view of the Burj Khalifa. The master bedroom comes with closet space and attached bath. Residents will also find a laundry room in some units. All the 1-bedroom apartments come with a large balcony and a powder room.

2-Bedroom Apartments in Safeer Tower 1 

The 2-bed flats in Safeer Tower 1 are built on two different floor plans, covering the surface area of 1,476 sq. ft. to 1,561 sq. ft. In a typical 2-bed unit, there’s a large balcony accessible via the living room. Both the bedrooms come with walk-in closets and an attached bath. Moreover, there’s a semi-open kitchen fitted with cabinets, a generously large family room, a laundry area and a maid’s room with attached bath.

Penthouses in Safeer Tower 1 

Penthouses in Safeer 1 are built on a floor space of 5,000 sq. ft. on average. These luxurious units come with a large living room that allows access to a spacious terrace. One can also access the balcony from one of the bedrooms.

These penthouses have a large, open kitchen with wide-marble countertops, integrated cooking ranges and several cabinets for storing food and utensils. Bathrooms are fitted with high-end white marble all around, including sinks, tiles on the floor as well as the walls. 

Furthermore, this penthouse has four en-suite bedrooms plus a dedicated study room, a family room, a maid’s room and a laundry room. Each bedroom is separated by a wooden sliding door.

Most Popular Apartment Types in Safeer Tower 1

  • Studio
  • 1-Bed
  • 2-Bed
  • 4-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

According to searches on Bayut, the most popular apartment type in Safeer Tower 1 are the studio apartments. Following are the 2 BHK flats and 1-bedroom apartments. Rounding up the list are the 4-bedroom penthouses. 

Rental Trends in Safeer 1

The rental apartments in Safeer Tower 1 come with affordable prices along with many top-notch amenities. If you are looking for more options in the neighbourhood, check out apartments for rent in Business Bay under Bayut’s listings.

Sale Trends in Safeer 1

  • Prices of studio flats for sale in Safeer Tower 1 range from AED 465k to AED 665k 
  • The sales price of a 1-bed apartment starts from AED 849k and can go up to AED 1.1M
  • Price for 2-bed units comes in the range of AED 1.4M and AED 1.95M 
  • Those interested in investing in a penthouse in Safeer Tower 1, expect to pay an average amount of AED 3.7M

The apartments for sale in Safeer Tower 1 come with an exceptional payment plan, where 40% of the payment is paid before the handover, while the rest of the 60% can be paid in the following three years of purchase in the form of quarterly instalments. These units come with a very low price tag compared to other apartments for sale in Business Bay.

Rental Yield in Safeer 1

  • Studio
  • 1-Bed
  • 2-Bed
  • 4-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

According to Bayut’s ROI report, 1-bed flats are the most popular investment choice that yield a 7.3% return on investment. This is closely followed by studios that offer a 6.8% ROI. Not too far behind are the 2-bed apartments which promise a return of 6%. Lastly, 4-bed units offer the lowest ROI of 4.8%.

Service Charges in Safeer Tower 1

GENERAL FUND
PRICES PER SQ. FT. IN AED
GENERAL FUND
Services
PRICES PER SQ. FT. IN AED
4
GENERAL FUND
Maintenance
PRICES PER SQ. FT. IN AED
1.82
GENERAL FUND
Utilities Services
PRICES PER SQ. FT. IN AED
7.88
GENERAL FUND
Management Services
PRICES PER SQ. FT. IN AED
0.97
GENERAL FUND
Insurance
PRICES PER SQ. FT. IN AED
0.77
GENERAL FUND
Master Community
PRICES PER SQ. FT. IN AED
2.15
GENERAL FUND
Total Rate
PRICES PER SQ. FT. IN AED
17.59
RESERVED FUND
PRICES PER SQ. FT. IN AED
RESERVED FUND
Reserved Fund
PRICES PER SQ. FT. IN AED
1.5
RESERVED FUND
Total Rate
PRICES PER SQ. FT. IN AED
19.09
ADJUSTMENTS
PRICES PER SQ. FT. IN AED
ADJUSTMENTS
Adjustment
PRICES PER SQ. FT. IN AED
-2.35
ADJUSTMENTS
Total
PRICES PER SQ. FT. IN AED
-2.35

These figures are based on the services charges for Safeer Tower 1* as per the Dubai Land Department. There are many different types of service charges in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near Safeer Tower 1 

Those who reside in Al Safeer Tower 1, Business Bay will find the location ideal for commuting as the tower is accessible via two main roads: Al Khail Road and Sheikh Zayed Road. Easy modes of public transportation near Al Safeer Tower 1, Business Bay includes bus and metro stations. Apart from that, one can also find a taxi nearby as this is a well-established community with several commercial activities.

street view from safeer tower 1
Street view of Safeer Tower 1

Bus Station near Safeer Tower 1

Nearby, there is the Avanti Tower bus stop which is a 1-minute walk from Safeer Tower 1, Business Bay Dubai.

Metro Stations near Safeer Tower 1

To take the metro, one can get on the Business Bay metro station, which is a 5-minute drive from Safeer Tower 1, Business Bay Dubai.

Restaurants near Safeer Tower 1 

Business Bay is a hub of commercial activity and is considered as one of the many prime locations to do business in Dubai. Accordingly, the surrounding community has several interesting restaurants that are worth visiting. Some popular restaurants in Business Bay Dubai near Safeer Tower 1 include: 

  • Han Cuisine Restaurant
  • Mama’esh
  • Sidra
  • Naisa Oriental Restaurant

Those who fancy Chinese food can try out Han Cuisine Restaurant which is a 5-minute drive from Al Safeer Tower 1. At a distance of 4-minute, there is Naisa Oriental Restaurant. Aside from enjoying the full-bar here that has a selection of various alcoholic beverages, one can also enjoy a wide variety of Asian dishes.

Middle-Eastern food lovers can try out the Mama’esh restaurant. This high-rated casual dining place is just 7-minutes away via car and is open for service till midnight. Sidra in Business Bay offers Lebanese cuisines, located at a 9-minute drive. 

Fine dining restaurants nearby include:

  • Ananta
  • Tong Thai

Located at an 8-minute drive, there is Ananta, an Indian fine dining restaurant. Here one will find services like a full-bar and free valet services. Visitors can also watch the cooks prepare their meals through a window.

For those who want a taste of Thai food, can pay a visit to Tong Thai, located at a 10-minute distance, via car. It offers a diverse menu including Thai classics such as Thai Green Curry and Prawn Crackers.

Supermarkets near Safeer Tower 1

Supermarkets in the area include: 

  • Happy Mini Mart
  • Spinneys
  • Jame Jam Supermarket
  • Al Maya Supermarket
Jame Jam supermarket outside safeer tower 1
Jame Jam supermarket is an onsite grocery pickup store for the residents of Safeer Tower 1

Nearby, there are many supermarkets where one can procure groceries. Right outside the tower is Jame Jam Supermarket. Happy Mini Mart is just an 8-minute walk from the building. A little further up, one will find Spinneys, though it is best to drive there, which takes only 8 minutes. Another supermarket located nearby is Al Maya Supermarket.

NEARBY BUILDINGS

  • XL Tower – commercial building
  • Safeer Tower 2 – residential building
  • Wharf Tower – residential building

Safeer Tower 1 is the closest to its kin-building Safeer tower 2, which is just a minute of walking distance away. There are many other buildings in the neighbourhood, including XL Tower – an office building and Wharf tower – a residential tower.

Major Landmarks

Nearby landmarks include: 

  • Dubai Mall Fountain
  • Dubai Garden Glow
  • Splash ‘n’ Party
 fountain in dubai mall
A majestic view of the Dubai Mall Fountain

The closest major landmark near Safeer Tower 1, Business Bay is Dubai Fountain in Dubai Mall, just 10 minutes away via car. Here one can watch a perfectly choreographed water show, right in front of the world’s largest skyscraper. 

The Dubai Mall is also home to another entertainment venue, the Virtual Reality Park. The park offers thrilling and exciting close-to-real-life experiences and is worth visiting.

Just 14 minutes away via car, is the Dubai Garden Glow. It is a light-themed park with model dinosaurs, manikins and fauna. These are integrated with LED lights that give the park a unique look. Located at a distance of 9 minutes, there is also a water park for children by the name of Splash ‘n’ Party.

THINGS TO CONSIDER

Overall, Safeer Tower 1, Business Bay offers a great neighbourhood, including the top-notch amenities and a great payment plan. However, there are only a handful of apartments left for sale in the building.

Are you looking to buy or rent apartments in Safeer Tower 1, Business Bay?

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