What is the asking price of this Safa Two apartment?
The agent lists this 1-bedroom apartment in Safa Two de GRISOGONO at AED 1,560,000.
1BR in Safa Two de GRISOGONO with Park & Sea View, 84% Paid – 14% Below OP
AED 1,560,000 was AED 1,813,000
| Deal type | Below OP |
| Price | AED 1,560,000 |
| Original price | AED 1,813,000 |
| Saving | AED 253,000 (14%) |
| Bedrooms | 1 |
| Size | 791 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Handover | Q4 2027 |
| Developer | DAMAC |
| Area / Master development | Business Bay |
| Sub-community / Phase | Safa Two |
| Community | Business Bay |
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.
Frequently asked questions
How far below the original price is it?
The agent states an original price of AED 1,813,000. At AED 1,560,000, the asking price is AED 253,000 or about 14.0% below that original price, calculated by DPF. The agent rounds this to AED 250,000.
How big is it and what is the price per square foot?
The apartment has 791 sq ft of built-up area according to the agent. At AED 1,560,000, the asking rate is about AED 1,972 per sq ft, compared with about AED 2,292 per sq ft at the original price.
How much has been paid?
The agent states 84% has been paid. If that is 84% of the original price, about AED 1,522,920 has been paid to DAMAC and about AED 290,080 remains; confirm the exact figures against the SPA and DAMAC's statement of account.
When is handover?
The agent states handover in Q4 2027. DAMAC's launch announcement scheduled Q3 2027, so buyers should confirm the current date with DAMAC.
What is Safa Two de GRISOGONO?
Safa Two is a DAMAC twin-tower development branded by Swiss jeweller de GRISOGONO, with rooftop features including a Fog Forest, a glass slide, an elevated glass pool and a fitness edge walk.
What still needs to be verified?
The tower, exact floor, bathrooms, parking and the exact remaining balance were not supplied. The original price should be checked against the seller's SPA.
Buyer costs
What you will pay
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
AED
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| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
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
Mortgage estimate
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
AED
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
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.
Read our full property verification methodology →
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