
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| DAMAC «Safa Two» launch basis | 1,241 | AED 1.12M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |





















DAMAC «Safa Two» official render 1

DAMAC «Safa Two» official render 2

DAMAC «Safa Two» official render 3

DAMAC «Safa Two» official render 4

DAMAC «Safa Two» official render 5

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DAMAC «Safa Two» official render 8

DAMAC «Safa Two» official render 9

DAMAC «Safa Two» official render 10
Astraterra Properties
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Business Bay
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
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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