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Safeer Tower 1, Business Bay

Safeer Tower 1, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

Modern Amenities

Sustainable Design

Weakens

High Rental Prices

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • Safeer Tower 1 is a prominent commercial skyscraper located in the heart of Business Bay, Dubai.
  • The building is strategically positioned near major roads like Sheikh Zayed Road, providing easy access to various parts of the city.
  • Nearby amenities include retail outlets, fine dining restaurants, and leisure options, making it an attractive location for businesses and professionals alike.
  • Being part of the Business Bay area, Safeer Tower 1 offers a modern business environment comparable to other key structures in the vicinity.

Properties Overview

  • The tower offers a variety of office spaces for lease, appealing to startups and established firms looking for a prestigious address.
  • Average rental prices range from AED 95,000 to AED 150,000 per year, depending on the unit size and layout.
  • Availability of serviced offices provides flexibility for tenants wanting to upscale or downsize their space.

Market Trends

  • The real estate market in Business Bay has shown solid growth over the past year, with rental rates increasing by approximately 5%.
  • Investment in commercial properties like Safeer Tower 1 provides significant returns, with an ROI around 8% due to high demand.
  • Future projections suggest a continued rise in both demand and prices as more businesses seek premium office spaces in Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents and workers can access numerous supermarkets, schools, and healthcare facilities within a short distance.
  • Hospitals and clinics like Mediclinic and Emirates Hospital offer top-tier medical services nearby.

Transportation and Accessibility

  • Excellent public transport links, including the Dubai Metro and bus services, enhance the accessibility of Safeer Tower 1.
  • Ample parking spaces are available for both tenants and visitors.

Lifestyle Amenities

  • The building is surrounded by various lifestyle amenities such as fitness centers, cafes, and parks, catering to the healthy lifestyle of its occupants.
  • Nearby hotels and high-end restaurants offer numerous dining options and business meeting venues.

Builing Facilities

  • The tower is equipped with high-speed elevators, comprehensive security systems, central air conditioning, and regular maintenance services.

Special Services

  • Concierge services are available to assist tenants with any requests, enhancing their overall experience.
  • Business centers and meeting rooms are also provided within the premises for corporate requirements.

Planning Your Move or Investment

Floor Plans and Property Types

  • Safeer Tower 1 features a diverse range of office layouts, making it suitable for various business needs.
  • Options include fully fitted offices and customizable spaces to accommodate specific preferences.

Things to Consider

  • Potential tenants and buyers should evaluate their specific needs, including space requirements, budget, and future growth plans before making a decision.
  • Assess the amenities and services offered within the building and surrounding area.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular networking events and community gatherings are organized, encouraging collaboration among tenants.
  • Social events promote a vibrant building life, fostering a sense of community within Safeer Tower 1.

Community Identity

  • Safeer Tower 1 is recognized for its modern architectural design and environmentally friendly features, driving its appeal within the commercial market.
  • The building reflects the dynamic spirit of Business Bay and Dubai's broader economic vision.

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Detailed Buiding Insights

1. Family Friendliness

Safeer Tower 1 offers a mix of residential units suitable for families but lacks certain dedicated family-friendly amenities, such as playgrounds or childcare facilities within the vicinity.

Moderately Welcoming

2. Living Options

The tower features a variety of apartment sizes and layouts tailored to different preferences, catering to both singles and families.

Diverse Range

3. Safety And Security

With 24/7 security, CCTV surveillance, and keycard access to the building, residents feel safe within the premises.

Highly Secure

4. Transportation

Situated in Business Bay, the tower has easy access to major roads and public transit options, making commuting straightforward.

Conveniently Accessible

5. Amenities And Facilities

The building offers a range of amenities such as a gym, swimming pool, and lounge area, enhancing the living experience for residents.

Well-Equipped

6. Cost Of Living

While the lifestyle and amenities are appealing, the cost of living in Safeer Tower 1 can be considered high compared to similar developments in the area.

Premium Pricing

7. Things To Do

Residents have access to a variety of dining, shopping, and recreational options nearby within Business Bay, contributing to an active lifestyle.

Vibrantly Lively

8. Noise Levels

Due to its central location, some noise from nearby construction and traffic can be expected, although it is generally manageable.

Occasionally Noisy

9. Pet Friendliness

The building permits pets but may have specific restrictions, making it relatively easy for pet owners to reside here.

Moderately Accepting

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Key Information

Developer:  Al Seeb Developers and Al Safeer Group

Building Type: Residential

Building Age: 7 years(completed in 2017)

Unit Types : Studios, 1-bed and 2-bed flats and penthouses

Floors: 18

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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