1BR in Safa Two de GRISOGONO with Park & Sea View, 84% Paid – 14% Below OP

Property Overview

This 791 sq ft one-bedroom apartment in Safa Two de GRISOGONO is offered at AED 1,560,000 against an agent-stated original price of AED 1,813,000, about 14.0% below OP. The agent describes a mid-floor unit with park and sea views, 84% already paid and handover in Q4 2027. Safa Two is a DAMAC twin-tower project branded by Swiss jeweller de GRISOGONO.

Property Highlights

• Property type: Apartment, 1 bedroom
• Built-up area: 791 sq ft (agent-stated)
• Asking price: AED 1,560,000 (agent-stated)
• Original price: AED 1,813,000 (agent-stated)
• Saving vs OP: AED 253,000, about 14.0% (calculated)
• Price per sq ft: about AED 1,972 (calculated)
• Floor: Mid floor (agent-stated)
• View: Park and sea (agent-stated)
• Paid to date: 84% (agent-stated)
• Handover: Q4 2027 (agent-stated)

Why the Price Qualifies as Below OP

The agent states the original price was AED 1,813,000. The asking price of AED 1,560,000 is AED 253,000 lower, which DPF calculates as about 14.0% below OP; the agent rounds this to AED 250,000. Per square foot, the asking rate is about AED 1,972, against about AED 2,292 at the original price. The original price comes from the agent's brief dated 5 October 2026 and should be confirmed against the seller's SPA.

Payment and Handover

The agent states that 84% of the price has been paid. If that is calculated on the original price, about AED 1,522,920 has been paid to DAMAC and about AED 290,080 remains. How the AED 1,560,000 asking price is split between a payment to the seller and the outstanding developer balance should be confirmed against the SPA and DAMAC's statement of account, along with any transfer or NOC fees.

The agent gives a Q4 2027 handover. DAMAC's launch announcement scheduled completion for Q3 2027, so the current date should be confirmed with the developer.

About Safa Two de GRISOGONO

Safa Two is a twin-tower residential development by DAMAC, created with Swiss luxury jeweller de GRISOGONO. Its scarlet-themed design draws on the jeweller's signature styles. Announced features include a Fog Forest with man-made fog at the top of the towers, a glass slide, an elevated glass pool, a beach-style podium pool, an observation deck, dining outlets and a fitness edge walk linking the two towers.

Layout, Floor and View

The agent lists the unit as a one-bedroom apartment of 791 sq ft built-up area on a mid floor, with park and sea views. The tower, exact floor, bathroom count and parking were not supplied and should be confirmed against the floor plan and SPA.

Location

Safa Two sits on Sheikh Zayed Road on the Business Bay side, near Al Safa, Jumeirah and Al Wasl. Travel times have not been independently verified for this unit and are not stated here.

Verification Notes

• Agent-stated facts: 1 bedroom, 791 sq ft BUA, mid floor, park and sea view, 84% paid, handover Q4 2027, original price AED 1,813,000, asking price AED 1,560,000, AED 250,000 below OP.
• Calculated by DPF: saving of AED 253,000 (about 14.0%), price per sq ft of about AED 1,972, and an indicative paid/remaining split if based on OP.
• External research: project facts from Gulf News coverage of DAMAC's Safa Two de GRISOGONO launch.
• Not supplied: tower, exact floor, bathrooms, parking and exact remaining balance.