AED 1,950,000 was AED 2,564,000
| Deal type | Below OP |
| Price | AED 1,950,000 |
| Original price | AED 2,564,000 |
| Saving | AED 614,000 (24%) |
| Bedrooms | 1 |
| Size | 906 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Handover | Q1 2027 |
| Developer | DAMAC |
| Area / Master development | Business Bay |
| Sub-community / Phase | Business Bay |
This corner 1 bedroom apartment with study in Safa Two by De Grisogono, Business Bay is asking AED 1,950,000. The original purchase price was AED 2,564,000, placing the asking price AED 614,000 (24%) below the original price. The unit provides 906 sq.ft at AED 2,152 per sq.ft, above the 60th floor with full sea and Burj Khalifa views. The asking price is also below the Property Finder developer launch price of AED 2,207,000, making this a sub-launch-price entry into the project. Handover is expected Q1 2027.
The agent states the original purchase price was AED 2,564,000. The current asking price of AED 1,950,000 represents a reduction of AED 614,000, equivalent to a 24% discount from the original price. This is one of the deepest below-OP discounts in the current Business Bay resale market.
The discount is amplified by the unit's premium positioning. A corner unit above the 60th floor with dual sea and Burj Khalifa views would typically command a significant premium over base pricing. Yet the asking price of AED 1,950,000 is not only 24% below this specific unit's OP but also AED 257,000 below the Property Finder developer launch price of AED 2,207,000 for the project. More recent sources cite Safa Two starting prices from AED 3,260,000 to AED 3,500,000, indicating substantial appreciation in developer pricing since launch.
The original price should be verified against the seller's SPA. The seller is absorbing a considerable loss, indicating distressed circumstances.
This apartment occupies a corner position above the 60th floor of an 85-storey tower. Corner units provide windows on two sides, delivering dual-aspect views: the agent describes full sea views and Burj Khalifa views simultaneously. At this elevation on Sheikh Zayed Road, the unit would have unobstructed sightlines across the Arabian Gulf toward the west and toward the Burj Khalifa and Downtown Dubai skyline toward the east. The study room adds functional flexibility, offering the option for a home office or convertible second bedroom.
Safa Two is an 85-storey twin-tower residential development by DAMAC Properties on Sheikh Zayed Road in Business Bay, branded by Swiss luxury jeweller De Grisogono. The architecture features a distinctive diamond-inspired form with a gravity-defying hanging garden that connects the two towers at height. Interior aesthetics are inspired by De Grisogono's ruby collections, with gemstone-inspired design elements throughout.
The project offers studios, 1, 2, and 3 bedroom apartments. Construction began in December 2019 with the architectural consultant Dar Al Handasah. The project is sold out at the developer level. Amenities include a sapphire infinity pool, fog forest, observatory, artificial beach, glass slide, edge walk experience, spa, gymnasium, and dining outlets.
This is an off-plan resale with handover expected in Q1 2027. The project is sold out at the developer level, making this a secondary market acquisition. The buyer would reimburse the seller for amounts paid and assume remaining obligations with DAMAC. A No Objection Certificate from DAMAC is required. Given the construction timeline (started December 2019 for Q1 2027 handover), buyers should confirm current construction progress directly with the developer.
The bedroom count, study, corner positioning, size, above-60th-floor designation, sea and Burj Khalifa views, original purchase price, and asking price are sourced from the agent's resale brief received on 14 August 2026. The original price of AED 2,564,000 should be verified against the seller's SPA. The bathroom count, exact floor number, and furnishing status were not stated and have been omitted. Construction began in December 2019 with a Q1 2027 handover target; the extended construction timeline should be confirmed with DAMAC. Stable project facts are drawn from the Propsearch building guide, Property Finder, Equity Edge, and Coral Shore. Buyers should independently verify all facts, obtain a NOC from DAMAC, and seek independent legal advice before proceeding.
The asking price is AED 1,950,000. This is a corner 1 bedroom apartment with a study, 906 sq.ft, above the 60th floor with full sea and Burj Khalifa views in Safa Two by De Grisogono, Business Bay.
The original purchase price was AED 2,564,000. At an asking price of AED 1,950,000, the unit is offered AED 614,000 (24%) below the original price. This is also below the Property Finder developer launch price of AED 2,207,000, meaning the buyer enters below the original developer starting price for the project. More recent sources cite starting prices from AED 3,260,000 to AED 3,500,000. The original price should be verified against the seller's SPA.
Based on a built-up area of 906 sq.ft and an asking price of AED 1,950,000, the rate is approximately AED 2,152 per sq.ft.
Safa Two is an 85-storey twin-tower residential development by DAMAC Properties on Sheikh Zayed Road in Business Bay, branded by Swiss luxury jeweller De Grisogono. The project offers studios, 1, 2, and 3 bedroom apartments with ruby-inspired interior aesthetics and a distinctive diamond-shaped architectural form. A gravity-defying hanging garden connects the two towers. Amenities include a sapphire infinity pool, fog forest, observatory, artificial beach, glass slide, edge walk, spa, gym, and dining outlets. Construction began in December 2019 with handover expected Q1 2027.
The agent describes full sea views and Burj Khalifa views from this corner unit above the 60th floor. At this elevation in an 85-storey tower on Sheikh Zayed Road, the unit would have elevated sightlines toward the Arabian Gulf and toward the Burj Khalifa and Downtown Dubai. The corner position provides dual-aspect views. The exact view composition should be confirmed against the floor plan.
Property Finder shows the developer launch price for Safa Two at AED 2,207,000. At AED 1,950,000, this unit is AED 257,000 below the developer's own starting price. More recent listings cite starting prices from AED 3,260,000, suggesting developer pricing has increased significantly since launch. A buyer acquiring at AED 1,950,000 enters the project well below current pricing levels.
Multiple sources indicate a Q1 2027 handover for Safa Two. Construction began in December 2019 and the project is under construction. The exact handover date and construction progress should be confirmed with DAMAC Properties.
Buyers should verify the original purchase price of AED 2,564,000 against the seller's SPA, confirm the amount paid and remaining balance with DAMAC, verify the exact floor number and corner position against the floor plan, obtain a No Objection Certificate, check the current construction progress and Q1 2027 handover timeline, and seek independent legal advice.
Buyer costs
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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