YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT
Safeer Tower 1, Business Bay
An 18-storey residential tower in Business Bay by Al Seeb Developers and the Al Safeer Group: location, amenities, pricing, and real short-term rental income context from Royale Stays' managed Business Bay portfolio.
Floors
18
Developer
Al Seeb Developers / Al Safeer Group
Completed
2017
Units
232 (Studio-2BR + 4BR PH)
Area
Business Bay
About Safeer Tower 1
Safeer Tower 1 is an 18-storey residential tower in Business Bay, developed by Al Seeb Developers under the Al Safeer Group. Completed in 2017, the tower holds 232 units across a mix of studio, one- and two-bedroom apartments, plus four-bedroom penthouses.
Some Dubai property portals list other "Safeer"-branded developments and businesses across the city. Royale Stays has not independently confirmed a specifically named "Safeer Tower 2" or any other numbered building in the same series at this address, so this guide speaks only to Safeer Tower 1 itself rather than implying a wider confirmed series.
Location & Nearby Landmarks
Safeer Tower 1 sits within Business Bay, Dubai's canal-side business and residential district between Downtown Dubai and Sheikh Zayed Road. Royale Stays has not independently confirmed exact walking or drive times from the tower to specific landmarks in this pass, so this guide describes the area at a general level rather than building-specific distances. Owners comparing this address against the wider district can read Royale Stays' Business Bay Airbnb management guide for the fuller picture.
Business Bay Metro Station, on the Red Line, serves the wider district, though Royale Stays has not independently confirmed an exact walking distance from Safeer Tower 1 itself in this pass. Sheikh Zayed Road frontage gives Business Bay direct access to Downtown Dubai, Dubai Marina and the rest of the city.
Other Business Bay towers Royale Stays has covered separately include Ahad Residences, Millennium Binghatti Residence, and Elite Business Bay Residence, useful reference points for owners researching the wider Business Bay building landscape.
Unit Types
Safeer Tower 1's 232 units run across a studio, one-bedroom and two-bedroom apartment mix, plus four-bedroom penthouses at the top of the size range. Royale Stays has not independently confirmed a precise breakdown of unit count by configuration, so this guide describes the general mix rather than a per-layout figure. No floor-plan diagrams are included here: floor plans are typically the developer's or broker's proprietary material and have not been independently verified for this guide.
Amenities
As with most Business Bay residential towers of comparable scale, Safeer Tower 1 likely includes standard building amenities such as a shared swimming pool, a gym and covered parking. Royale Stays has not independently confirmed a specific building-wide amenities list for Safeer Tower 1 in this pass, so no exact list is stated as confirmed fact here rather than guessed at.
Transportation & Access
Business Bay's internal road network connects out to Sheikh Zayed Road within a few minutes' drive, giving Safeer Tower 1 access to Downtown Dubai, Dubai Marina and the wider Sheikh Zayed Road corridor. Business Bay Metro Station, on the Red Line, serves the general area, though Royale Stays has not confirmed an exact walking distance from Safeer Tower 1 specifically.
Rental & Price Trends
Royale Stays has not independently confirmed rents specific to Safeer Tower 1 in this pass, so the figure below describes Business Bay's rental market at an area level rather than this particular building. Per Bayut's reporting, the average Business Bay apartment rent reached AED 128,021 per year in 2025, up 18.2 percent year on year. That blended figure spans studios through larger configurations and does not reflect Safeer Tower 1's own unit mix specifically, so it should be read as general area context rather than a building-specific estimate.
Service charges specific to Safeer Tower 1 have not been independently confirmed via the DLD's Mollak index for this pass and are omitted here rather than estimated. Owners weighing a specific unit's earning potential against these area-level ranges can run their own numbers through Royale Stays' Dubai property ROI calculator.
Airbnb / Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Safeer Tower 1, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Safeer Tower 1 would need to hold that permit before listing a unit. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Real short-term-rental demand at Safeer Tower 1 is already visible on the open market: Deluxe Holiday Homes runs a dedicated building page for Safeer Tower 1, and Royale Stays has observed multiple direct Airbnb listings for the building, alongside Vrbo and Tripadvisor listings that reference the building by name. Royale Stays does not currently have Safeer Tower 1-specific booking data of its own to draw on, so the figures below reflect Royale Stays' own managed portfolio across Business Bay generally rather than this particular building: one-bedroom units in Royale Stays' managed Business Bay portfolio average around AED 473 per night at roughly 88 percent occupancy, near AED 12,879 in monthly revenue, while two-bedroom units average around AED 801 per night at a similar occupancy rate, near AED 21,874 monthly. Safeer Tower 1's own studio and four-bedroom penthouse units fall outside this specific one- and two-bedroom data, so no figure is stated for those configurations.
For an owner weighing whether Airbnb makes sense for a unit at Safeer Tower 1, the practical starting points are the same as anywhere else in Business Bay: applying for the DTCM permit and pricing the unit competitively against comparable Business Bay listings. Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly, and our guide to what separates a strong Airbnb management company from a weak one sets out what to look for when comparing operators. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential.
Income data reflects Royale Stays' own managed-portfolio bookings across Business Bay, reviewed by Chris Veinbaums, DTCM-licensed operator.
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