DAMAC «Safa One»
Off-Plan

DAMAC «Safa One»

From AED 3.02M·Handover Dec 2026·15% down payment Payment
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AED 3.02M
Starting Price
Dec 2026
Handover
15% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Safa One is an amazing project from one of Dubai's leading developers, Damac, created and designed together with the famous jewelry designer Fawaz Gruzi, founder of the De Grisogono brand. The complex consists of two towers of 44 and 62 floors and offers 1-3 bedroom apartments with designer finishes by De Grisogono. Vibrant colors and precious stones are used in the finishes, creating new standards of sophistication and setting Safa One apart. Each residence has a private balcony and some apartments have a terrace with a private pool. One of the features of the complex is its unique design. The fact that each balcony has a mini garden with a lush tree gives the architecture of the building a fresh look. The modern style of glass facades is combined with greenery, creating an eco-friendly atmosphere. Residents of the complex will enjoy a wide range of amenities. Safa One offers two unique golden sand beach pools, a spa, cafes and restaurants, bicycle paths along the canal, and an amazing rooftop garden, which is 32 meters high and decorated with manicured landscapes and soaring birds. Al Safa, one of the greenest parks in Dubai, and Dar Wasl shopping center are within walking distance of the complex. La Mer Beach is a 15-minute drive away, Dubai Mall is just 10 minutes away and Dubai Marina is about 25 minutes away.

Project Specifications
DeveloperDamac Properties
LocationSafa Park
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments
AreaSafa Park
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 130,184 / year
Cash-on-Cash
2.2%
Levered cashflow AED 30,623
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 196,105 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
DAMAC «Safa One» launch basis3,352AED 3.02MCurrent launch / asking basis
Safa Park ready-stock comps1,500AED 1.35MIndicative resale benchmark
Safa Park premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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DAMAC «Safa One» official render 1

DAMAC «Safa One» official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Central A/C
Concierge Service
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Kids Play Area
Laundry
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Safa Park

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Safa ParkSafa ParkDubai, UAE

Developer Track Record

01

DAMAC «Safa One» by Damac Properties

02

Located in Safa Park

03

Starting from AED 3,017,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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