2-Bedroom Skyline View Apartment at Safa Two by DAMAC, Business Bay – 20.4% Below Original Price

Property Overview

This 2-bedroom off-plan apartment at Safa Two by DAMAC, on the edge of Business Bay, is offered at AED 2,200,000 against an original price of AED 2,764,320. That is AED 564,320, or 20.4%, below the original price. The 1,155 sq ft unit is on the 24th floor with a skyline view and is due for handover in Q2 2027.

Property Highlights

• Asking price: AED 2,200,000
• Original price: AED 2,764,320
• Saving: AED 564,320 (20.4% below original price)
• Size: 1,155 sq ft
• Price per sq ft: approximately AED 1,905
• Bedrooms: 2
• Floor: 24th
• View: Skyline
• Handover: Q2 2027 (agent-stated)
• Status: Off-plan resale

Why the Price Qualifies as Below Original Price

The agent supplied an original purchase price of AED 2,764,320 and an asking price of AED 2,200,000. DPF calculated the difference as AED 564,320, which is 20.4% of the original price. This matches the agent's description of about 20% below OP and a loss of about AED 564,000 to the seller.

The agent says the owner cannot continue with the remaining payment plan, which is the reason for the sale. The original price is as stated by the agent and should be checked against the seller's SPA or Oqood registration before any payment.

About Safa Two and DAMAC

Safa Two is a residential project by DAMAC on Sheikh Zayed Road at the edge of Business Bay, next to the AYKON City development. DAMAC describes the apartments as branded by the Swiss jewellery house de GRISOGONO. The project offers studios, 1, 2 and 3-bedroom apartments and penthouses, with movable walls for flexible layouts.

DAMAC's project page highlights a sapphire-themed infinity pool and a fog forest among the planned amenities. Final amenities and service charges should be confirmed with the developer.

Layout, Floor and View

The agent confirms a 2-bedroom layout of 1,155 sq ft on the 24th floor with a skyline view. Bathrooms, balcony size and parking were not supplied and are not assumed.

Payment Plan and Handover

The agent gives an expected handover of Q2 2027. The amount already paid to DAMAC, the outstanding balance and the remaining instalment schedule were not supplied. In an off-plan resale the buyer normally reimburses the seller's paid amount and takes over the remaining payments to the developer, so the actual cash needed at transfer depends on these figures. Confirm the paid amount, outstanding balance, schedule and handover date against the SPA and DAMAC's statement of account, and check any DAMAC transfer or NOC requirements.

Location and Connectivity

Safa Two sits on Sheikh Zayed Road between Business Bay and Al Safa, close to Downtown Dubai, City Walk and the Dubai Water Canal. Journey times depend on traffic and the final building access, so no specific minutes or distances are quoted.

Verification Notes

• Agent-supplied facts: Safa Two by DAMAC, Business Bay, 2 bedrooms, 1,155 sq ft, 24th floor, skyline view, handover Q2 2027, original price AED 2,764,320, asking price AED 2,200,000, owner unable to continue payments.
• DPF calculations: AED 564,320 saving, 20.4% below original price and approximately AED 1,905 per sq ft.
• External research: project location, de GRISOGONO branding, unit mix and headline amenities from DAMAC's official project page.
• Not supplied: amount paid, outstanding balance, payment schedule, bathrooms and parking.