Project Overview
Safa Two is a luxury project by Damac, developed in collaboration with the renowned jewelry brand De Grisogono. The tower consists of a ground level, one podium level, and 68 residential floors. Its architecture is inspired by the elegance of precious stones, with a striking ruby-shaped structure adorning the facade. At the heart of the building lies a unique suspended pool with glass edges. The rooftop features an indoor fog forest, an observatory, and terraces offering panoramic views of Dubai Water Canal and Business Bay. The collection includes studios and one-, two-, and three-bedroom apartments, all designed in an elegant style that emphasizes comfort, functionality, and premium-quality materials. Residents can enjoy various amenities: a 360-degree viewing deck, several beach-style pools, an infinity pool with a shimmering bottom, and lush greenery throughout the property, including on balconies and terraces. The project is located in Dubai’s prime business district, Business Bay. Thanks to its convenient location, Downtown Dubai is 10 minutes away, Jumeirah Beach is 14 minutes away, and Dubai International Airport can be reached in 19 minutes. Nearby is one of the city’s largest parks — Safa Park — offering sports courts, barbecue areas, children’s play zones, and a boating lake.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
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Developer and Project Facts
DAMAC «Safa Two» by Damac Properties
Located in Business Bay
Starting from AED 1,117,000
Unit mix includes Studio, 1 BR, 2 BR, Apartments
Expected handover: Jun 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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