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Building · Transactions · 2018

Safeer Tower 1 Property Transactions 2018

9 property sales worth ⃃ 8.12M were registered in Safeer Tower 1 in 2018, 92.0% lower than 2017 by number of sales. The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 1,225 (−18.2% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 9 salesUpdated: 15 Nov 2026
Property sales
9
−92.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 8.12M
−94.0% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 600,000
−50.0% vs 2017
9 sales
Median price per sq ft
⃃ 1,225
−18.2% vs 2017
9 sales

What types of property sold in Safeer Tower 1 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments888.9%⃃ 5.99M⃃ 580,000⃃ 1,256
Commercial111.1%⃃ 2.13M⃃ 2,130,000⃃ 1,151

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)333.3%⃃ 3.86M⃃ 1,200,000⃃ 1,187
Resale (secondary)666.7%⃃ 4.26M⃃ 580,000⃃ 1,288
Ready9100%⃃ 8.12M⃃ 600,000⃃ 1,225

How many rental contracts were registered in Safeer Tower 1 in 2018?

97 rental contracts (new and renewed) were registered in Safeer Tower 1 in 2018, at a median annual rent of ⃃ 60,000 (−5.5% on 2017). Rental yields in Safeer Tower 1

What were the most expensive property sales in Safeer Tower 1 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/07/2018Safeer Tower 1Commercial1,851 sq ft⃃ 2,130,000Primary · Ready
03/05/2018Safeer Tower 11 bed · Apartment1,011 sq ft⃃ 1,200,000Primary · Ready
10/04/2018Safeer Tower 11 bed · Apartment960 sq ft⃃ 1,050,000Resale · Ready
11/04/2018Safeer Tower 11 bed · Apartment852 sq ft⃃ 950,000Resale · Ready
30/04/2018Safeer Tower 1Studio · Apartment457 sq ft⃃ 600,000Resale · Ready
04/03/2018Safeer Tower 1Studio · Apartment430 sq ft⃃ 560,000Resale · Ready
10/07/2018Safeer Tower 1Studio · Apartment427 sq ft⃃ 550,000Resale · Ready
10/07/2018Safeer Tower 1Studio · Apartment427 sq ft⃃ 550,000Resale · Ready
11/07/2018Safeer Tower 1Studio · Apartment429 sq ft⃃ 525,444Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
15/07/2018Safeer Tower 1Commercial1,851 sq ft⃃ 2,130,000Primary · Ready
11/07/2018Safeer Tower 1Studio · Apartment429 sq ft⃃ 525,444Primary · Ready
10/07/2018Safeer Tower 1Studio · Apartment427 sq ft⃃ 550,000Resale · Ready
10/07/2018Safeer Tower 1Studio · Apartment427 sq ft⃃ 550,000Resale · Ready
03/05/2018Safeer Tower 11 bed · Apartment1,011 sq ft⃃ 1,200,000Primary · Ready
30/04/2018Safeer Tower 1Studio · Apartment457 sq ft⃃ 600,000Resale · Ready
11/04/2018Safeer Tower 11 bed · Apartment852 sq ft⃃ 950,000Resale · Ready
10/04/2018Safeer Tower 11 bed · Apartment960 sq ft⃃ 1,050,000Resale · Ready
04/03/2018Safeer Tower 1Studio · Apartment430 sq ft⃃ 560,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/safeer-tower-1/2018
Safeer Tower 1 Property Transactions 2018. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/safeer-tower-1/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Safeer Tower 1 in 2018?
9 property sales worth ⃃ 8,115,444 were registered in Safeer Tower 1 in 2018. That is 92.0% lower than 2017.
What was the median property price in Safeer Tower 1 in 2018?
The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 1,225 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Safeer Tower 1 were off-plan or from developers?
Developer (primary) sales were 33.3% of the 9 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/safeer-tower-1/2018