Safa Two de GRISOGONO by DAMAC

Safa Two de GRISOGONO by DAMAC is a residential tower under construction on Sheikh Zayed Road in Business Bay, Dubai, developed by DAMAC Properties and branded by the Swiss jeweller de GRISOGONO. It offers studio, 1, 2 and 3 bedroom apartments and penthouses, 1,293 residences in total, with handover expected in Q4 2027. DAMAC's brochure describes a design meant to emulate a cut diamond, inspired by de GRISOGONO's signature rubies.

Safa Two is located in Business Bay on Sheikh Zayed Road, on the stretch DAMAC's brochure calls the city's Golden Mile. According to the brochure, the building was designed for views that include the canal, Burj Al Arab, The World Islands and Palm Jumeirah; the views from a given apartment depend on its floor and orientation. DAMAC has not published drive times for the plot.

Five unit types are offered. Studio Apartments are priced at AED 1.40M ≈ USD 381K (353 sq ft, 33 sq m), 1 Bedroom Apartments at AED 1.485M ≈ USD 404K (675 sq ft, 63 sq m), 2 Bedroom Apartments at AED 3.04M ≈ USD 827K (984 sq ft, 91 sq m), 3 Bedroom Apartments at AED 3.912M ≈ USD 1.07M (1,401 sq ft, 130 sq m) and Penthouses at AED 51.94M ≈ USD 14.14M (8,848 sq ft, 822 sq m). Pricing is set by DAMAC and revised between releases, so the price of a specific unit depends on its floor, view and availability at the time of booking.

According to DAMAC's brochure, Safa Two offers a podium-level artificial beach pool shaded by natural palm trees; the Ruby Heart on the 60th floor, an architectural feature hosting a sapphire infinity pool overlooking Sheikh Zayed Road and high-end restaurants; a rooftop Fog Forest, a tropical garden the brochure describes as perpetually shrouded in mist, with a restaurant; an Observatory at the highest accessible point in the building; an Edge Walk; a spiralling Glass Slide; and a selection of cafes and restaurants.

DAMAC's brochure says each apartment uses transformative living spaces with movable walls, so the layout can be changed as simply as opening a door or a window. In practice this lets one apartment work either as an open-plan space or as separate rooms. The brochure does not state that apartments are sold with furniture, and the interior renders are illustrations, so the finish and specification schedule should be checked in the SPA.

Handover of Safa Two is expected in Q4 2027. The building is currently under construction, and its progress against RERA inspection data is tracked in the Safa Two construction updates guide.

DAMAC's payment plan of record for Safa Two is a time-based 90/10 plan: a 20% deposit on booking plus the 4% DLD registration fee, then 70% across 19 instalments every three months within 57 months of the sale date, and the final 10% on completion. Because the instalments are counted from each buyer's own sale date rather than from construction milestones, the schedule that applies to a booking made today is confirmed in the SPA.

The main addition is the 4% DLD registration fee, which DAMAC's payment plan states is paid in addition to the initial 20% deposit. Buyers using my advisory service pay no advisory fee, because the commission is paid by the developer. Service charges after handover are not published in the Safa Two sales materials.

Yes. Safa Two de GRISOGONO by DAMAC is a freehold property, open to all nationalities, so foreign buyers can own their apartment or penthouse outright and register it in their own name with the Dubai Land Department.

It depends on the unit type. The 2 Bedroom Apartments at AED 3.04M, the 3 Bedroom Apartments at AED 3.912M and the Penthouses at AED 51.94M are above the AED 2M ≈ USD 545K property value threshold for the 10 year UAE Golden Visa on price. Studio Apartments at AED 1.40M and 1 Bedroom Apartments at AED 1.485M do not reach the threshold on their own. Meeting the threshold is not a guarantee: eligibility is decided by the ICP and the Dubai Land Department at application. The Safa Two Golden Visa guide covers the eligibility steps in detail.

Off plan payments for Safa Two are made into the project's DLD-registered escrow account with Emirates NBD and released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. The Safa Two escrow account guide explains how the account works.

Yes. The full process, from reservation and the booking deposit to SPA signing and registration, can be completed remotely, and I manage it end to end with DAMAC on your behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.