Dubai · New projects · Business Bay

Safa Two by de GRISOGONO — apartments for sale

Name: Safa Two — Dubai
Brand: DAMAC Properties
Availability: InStock

An 80-plus-storey de GRISOGONO-branded tower on Sheikh Zayed Road overlooking Safa Park, with apartments from ~AED 1.1M.

See prices

🛡 RERA-licensed✈️ Remote deal · 2–3 weeks⏱ Reply within 1 hour

~AED 1.1M

apartment from

Q4 2026

handover (est.)

6–7%

gross yield

de GRISOGONO

branded residences

By WIZI PREMIUM · Updated 27 June 2026

In short

DAMAC Properties is building Safa Two by de GRISOGONO on the edge of Business Bay, fronting Sheikh Zayed Road with views over Safa Park and the Dubai Canal. Branded apartments start from ~AED 1.1M, with marketed gross yields around 6–7%. Nearing completion, it suits investors who want a recognised luxury brand, a central location and a strong rental catchment close to Downtown.

Developer: DAMAC Properties · Sources: developer brochure, Bayut, Property Finder, DLD · 2026

The project

Branded living on Sheikh Zayed Road

Safa Two is an 80-plus-storey twin-context tower of roughly 488 de GRISOGONO-branded residences, designed around an emerald and diamond theme. It sits directly on Sheikh Zayed Road overlooking Safa Park and the Dubai Water Canal, with sky pools, infinity pools, gym, spa and branded dining. Listing portals often file it under Business Bay or Aykon City.

The case here is yield-led with capital-growth upside from branded scarcity and prime SZR frontage. The rental catchment from Business Bay and Downtown is deep. Risks include some handover-date uncertainty, a high price per sq ft for the brand and early secondary-market resale activity that hints at investor oversupply.

Business Bay, Dubai

Gallery

Inside Safa Two

Prices & payment · 2026

How much Safa Two costs

Type	From	Gross yield
Studio	~AED 1.1M	6.5–7%
1-bed apartment	~AED 1.7M	6–7%
2-bed apartment	~AED 2.9M	5.5–6.5%
3-bed apartment	AED 3M+	5–6%

Indicative 2026 launch pricing; varies by unit, floor and view. Payment plan: 60/40, 20% down. Sources: DAMAC Properties, Property Finder, DLD.

Market context

Dubai apartment price ladder

In Business Bay, apartments trade around AED 2,547/sqft — mid-range on the city's price ladder. Gross yields here run about 6–7%. Use this to sanity-check where Safa Two sits on price.

Palm JumeirahAED 3,450

Downtown DubaiAED 3,011

Business BayAED 2,547

Dubai MarinaAED 2,058

Dubai Hills EstateAED 1,820

JVCAED 1,150

Dubai SouthAED 1,050

Average price / sqft by area · Source: Dubai Land Department transactions & Bayut, 2026 · indicative

Investment view

Is Safa Two right for you?

In favour

Prime Sheikh Zayed Road frontage with Safa Park and Canal views
Recognised de GRISOGONO luxury branding
Deep rental catchment from Business Bay and Downtown
Relatively low entry price for a branded SZR tower

Worth knowing

Handover date is reported inconsistently (Q4 2026 to 2027)
High price per sq ft to pay for the brand premium
Early resale listings suggest a crowd of investor flips
Branded service charges tend to be on the high side

Calculator

Run the numbers

Currency

Purchase budget 1,100,000 AED

1.1M3.5M AED

Gross estimate from typical Business Bay yields; net is lower after service charges (AED 12–25/sq.ft). Off-plan rent applies after handover (Q4 2026).

Monthly rent—

Annual income—

Gross yield—

Payback—

Get Safa Two units that match this

A shortlist with floor plans, payment plan and yield breakdown — to your WhatsApp within the hour.

FAQ

Common questions

How much is an apartment at Safa Two?

Branded apartments start from around AED 1.1M for entry units, with 2-beds near AED 2.9M; pricing varies with floor, view and unit type.

What yield does Safa Two give?

It is marketed at roughly 6–7% gross, which is plausible for branded Business Bay stock, with larger units toward the lower end.

When does Safa Two hand over?

Handover is most often cited as around Q4 2026, though some sources indicate slippage into 2027; confirm the current schedule before buying.

Is Safa Two a good investment?

Safa Two offers a gross yield of around 6–7% and is best suited to buyers who value prime sheikh zayed road frontage with Safa Park and canal views. As with any Dubai purchase, returns depend on unit, floor and handover (Q4 2026); we model the net figure per unit before you commit.

What is the payment plan at Safa Two?

Safa Two is offered on a 60/40, 20% down plan (developer terms, subject to availability). Handover is Q4 2026. We confirm the exact schedule and any current incentives per unit on request.

Can a foreigner buy at Safa Two?

Safa Two is in a freehold zone, so foreigners get full ownership and can buy remotely by power of attorney. Entry is around ~AED 1.1M; a purchase at or above AED 2M also qualifies for the 10-year Golden Visa.

Explore more

Business Bay DAMAC Lagoons DAMAC Islands DAMAC Hills 2 More by DAMAC Off-plan guide All Dubai projects →

Get started

Buy at Safa Two

Leave your details — we'll send live availability, floor plans and the full payment plan. Free; we reply within an hour.