1BR + Study in Safa Two de GRISOGONO, Corner, Sea & Burj View – 23.9% Below OP

Property Overview

This 906 sq ft one-bedroom plus study apartment in Safa Two de GRISOGONO is offered at AED 1,950,000 against an agent-stated original price of AED 2,564,000, about 23.9% below OP. The agent describes a corner unit above the 60th floor with sea and Burj views, with handover in 2027. Safa Two is a DAMAC twin-tower project branded by Swiss jeweller de GRISOGONO.

Property Highlights

• Property type: Apartment, 1 bedroom plus study
• Built-up area: 906 sq ft (agent-stated)
• Asking price: AED 1,950,000 (agent-stated)
• Original price: AED 2,564,000 (agent-stated)
• Saving vs OP: AED 614,000, about 23.9% (calculated)
• Saving vs OP + 4% DLD: about AED 716,560, 26.9% (calculated)
• Price per sq ft: about AED 2,152 (calculated)
• Position: Corner unit above the 60th floor (agent-stated)
• View: Sea and Burj (agent-stated)
• Handover: 2027 (agent-stated)

Why the Price Qualifies as Below OP

The agent states the original price was AED 2,564,000. The asking price of AED 1,950,000 is AED 614,000 lower, which DPF calculates as about 23.9% below OP, consistent with the agent's stated 24%. Per square foot, the asking rate is about AED 2,152, against about AED 2,830 at the original price.

The agent also quotes a 28% saving against OP plus DLD. Adding the 4% DLD fee to the original price gives AED 2,666,560, which puts the asking price about AED 716,560 or 26.9% below that total; the agent's higher figure may include fees not itemised in the brief. 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 gives a 2027 handover, and DAMAC's launch announcement scheduled completion for Q3 2027. The amount the seller has paid, the remaining instalments and how the asking price is split between the seller and the outstanding developer balance were not supplied, and should be confirmed against the SPA and DAMAC's statement of account, along with any transfer or NOC fees.

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 with a study, 906 sq ft of built-up area, in a corner position above the 60th floor with sea and Burj views. The tower, exact floor, bathroom count and parking were not supplied, and buyers should confirm which Burj landmark is visible.

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 plus study, 906 sq ft BUA, corner, above 60th floor, sea and Burj view, handover 2027, original price AED 2,564,000, asking price AED 1,950,000, 24% below OP and 28% below OP plus DLD.
• Calculated by DPF: saving of AED 614,000 (about 23.9%), about AED 716,560 or 26.9% below OP plus 4% DLD, and price per sq ft of about AED 2,152.
• External research: project facts from Gulf News coverage of DAMAC's Safa Two de GRISOGONO launch.
• Not supplied: tower, exact floor, bathrooms, parking, amount paid and payment schedule.