Distress Deal | 1-Bedroom Mid Floor | Safa Two – Aykon 3, Business Bay, Dubai

15% Below Original Price — 1BR in Safa Two, Business Bay at AED 1,540,000

This is a well-priced and clearly motivated distress opportunity for investors and end-users targeting the Business Bay and Sheikh Zayed Road corridor in Dubai. A 1-bedroom apartment on a mid floor in Safa Two, Aykon 3 by DAMAC Properties is now offered at AED 1,540,000 — 15% below the original purchase price of AED 1,813,000, representing a saving of AED 273,000. The property was previously listed at AED 1,630,000 before being reduced to the current distress price of AED 1,540,000, underscoring a seller who is genuinely motivated to exit. At 795 sq ft on a mid floor in one of DAMAC’s most visually distinctive and commercially well-located developments in Dubai, this listing offers a competitive entry into a project that combines landmark design, Business Bay connectivity, and the DAMAC brand’s established rental and resale track record.

Property Highlights

• Property Type: Apartment
• Project: Safa Two, Aykon 3, Business Bay, Dubai
• Developer: DAMAC Properties
• Layout: 1 Bedroom
• Size: 795 sq ft
• Floor: Mid Floor
• Status: Off-Plan — Distress Property
• Original Purchase Price: AED 1,813,000
• Previous Asking Price: AED 1,630,000
• Current Asking Price: AED 1,540,000
• Saving vs Original Price: AED 273,000 (15% below OP)
• Total Price Reduction: AED 90,000 below previous asking — double motivated
• Handover: To be confirmed with latest DAMAC developer update
• Payment Plan: Available on request
• Ownership: Freehold — All Nationalities

About Safa Two, Business Bay

Safa Two is one of DAMAC Properties’ most architecturally distinctive and design-forward residential developments, positioned along the Sheikh Zayed Road and Business Bay corridor in Dubai. The project is an extension of DAMAC’s landmark Safa series, delivered in collaboration with renowned fashion designer Roberto Cavalli — whose signature aesthetic of bold, nature-inspired luxury is embedded throughout the building’s design language, interiors, and amenity specification. Safa Two stands as one of Dubai’s most visually recognisable skyline additions in the Business Bay and Sheikh Zayed Road corridor, with a design concept that references natural forms and delivers a branded residential experience well above the standard Business Bay apartment offering. Aykon 3 forms part of the Aykon City development by DAMAC in Business Bay — one of the most strategically positioned residential projects in the district, offering direct access to the Business Bay ecosystem and strong connectivity to Downtown Dubai, DIFC, and the wider city.

Community and Lifestyle

• Business Bay — Dubai’s primary commercial and mixed-use urban district, adjacent to Downtown Dubai
• DAMAC Properties — one of Dubai’s most prolific and internationally recognised developers
• Roberto Cavalli design collaboration — delivering a branded luxury aesthetic throughout
• Walking distance to the Dubai Water Canal promenade and waterfront dining strip
• Minutes from Downtown Dubai, The Dubai Mall, and Burj Khalifa
• Direct Sheikh Zayed Road access — Dubai’s primary arterial highway connection
• Business Bay Metro Station on the Red Line within walking distance
• Surrounded by retail, dining, co-working, and hotel infrastructure within Business Bay
• Consistent rental demand from DIFC professionals, corporate tenants, and young executives
• Strong short-term rental appeal given DAMAC’s branded product and Business Bay location

The Double Reduction — Twice Motivated Seller

This listing carries a distinctive financial narrative. The seller originally purchased at AED 1,813,000 and listed the unit at AED 1,630,000 — already at a meaningful discount below original price. The unit has now been further reduced to AED 1,540,000 — an additional AED 90,000 cut from the already-discounted asking price. This double reduction signals a seller who is not simply pricing to the market but is genuinely motivated to close a transaction. At AED 1,540,000 for a 795 sq ft mid-floor 1-bedroom in a DAMAC Roberto Cavalli collaboration in Business Bay, the price per square foot equates to approximately AED 1,937 — a level that represents genuine distress pricing for this product specification and location in the current Business Bay resale market.

Amenities

• Infinity Swimming Pool — Signature Feature of the Safa Two Development
• Fully Equipped Gymnasium and Wellness Facilities
• Spa Facilities and Relaxation Areas
• Children’s Play Area and Kids Zone
• Rooftop or Upper-Level Communal Amenity Spaces
• Covered Residents’ Parking
• 24/7 Security and CCTV Monitoring
• Concierge and Building Management Services
• Retail and Dining at Ground Level and Within Business Bay
• High-Speed Elevators and Smart Building Systems
• Dubai Water Canal Promenade — Walking Distance
• Branded Roberto Cavalli Interior Design Throughout Common Areas

Layout and Floor Plan

This 1-bedroom apartment in Safa Two, Aykon 3 spans 795 sq ft across a well-considered mid-floor layout that maximises usable internal space. At mid-floor level, the unit benefits from elevated views above the street-level urban fabric of Business Bay while remaining below the upper floors where service charges and access costs tend to increase. The layout is expected to include an open-plan kitchen and living area with balcony access, a dedicated bedroom with built-in wardrobes, a full bathroom, and a balcony with views toward the Business Bay skyline or surrounding community depending on the unit’s exact orientation. Detailed floor plan, exact floor number, view direction, and full internal configuration for this 1-bedroom unit in Safa Two, Aykon 3, Business Bay are available on request from the listing agent.

Payment and Handover

This unit is being sold as a distress off-plan resale at AED 1,540,000 — 15% below the original purchase price of AED 1,813,000. The property was previously listed at AED 1,630,000, making the current asking price a further AED 90,000 below the prior listing — confirming a doubly motivated seller. The incoming buyer assumes the remaining payment obligations under the original DAMAC payment plan for Safa Two. The full breakdown of amounts already paid and the remaining installment schedule is available on request from the listing agent. Handover is to be confirmed with the latest update from DAMAC Properties. Dubai Land Department transfer fees of typically 4% apply. All additional transaction costs are available on request.

Location and Connectivity

• Business Bay Metro Station (Red Line): walking distance — direct metro access
• Downtown Dubai and Burj Khalifa: approximately 5–10 minutes by car
• Dubai Mall: approximately 5–10 minutes by car
• DIFC (Dubai International Financial Centre): approximately 10 minutes by car
• Dubai Water Canal Promenade: walking distance
• Sheikh Zayed Road (E11): direct access
• Dubai International Airport (DXB): approximately 20 minutes by car
• Dubai Marina and JBR: approximately 20–25 minutes by car
• Mall of the Emirates: approximately 15–20 minutes by car

Why Invest in Safa Two, Business Bay, Dubai

• 15% below original price — a verified and meaningful distress discount confirmed by two successive price reductions
• Doubly motivated seller — reduced from AED 1,630,000 to AED 1,540,000, an additional AED 90,000 further reduction
• Roberto Cavalli collaboration — branded design premium above standard Business Bay product
• Business Bay Metro Station walking distance — primary driver of sustained rental demand in this postcode
• 795 sq ft — a well-proportioned 1-bedroom delivering competitive rental yields
• Business Bay is one of Dubai’s strongest-yielding residential investment districts
• DAMAC Properties — established developer with a strong Business Bay delivery track record
• Minutes from Downtown Dubai, DIFC, and The Dubai Mall — premium tenant catchment
• Freehold ownership for all nationalities with UAE investor visa potential at this price point
• Price per sq ft approximately AED 1,937 — genuine distress pricing for a branded DAMAC product in this location

Frequently Asked Questions (FAQs)