Back

Safa Two de GRISOGONO

By DAMAC Properties in Sheikh Zayed Road, Dubai

Price from
AED 3,263,000
about £669K or $888K
Payment plan
5/55/40
60% before handover
Handover
Q4 2029
Status
Under construction

Payment plan

5/55/40

60% due before handover

  1. Booking depositOn purchase5%AED 163,150
  2. During construction31 instalments from month 1 to month 32 after purchase55%AED 1,794,650
  3. On completionQ4 202940%AED 1,305,200
  4. Paid before handoverAED 1,957,800

DAMAC plan PP-641433 (August 2026), published for 1 and 2-bedroom apartments under the name AYKON City 3. DAMAC's schedule shows 9% due immediately; the instalments total 104% of the price, so this includes the 4% DLD registration fee.

Amounts are worked on a 1-bedroom apartment at its starting price of AED 3,263,000. Change home type

For 1-bedroom apartments

Homes and prices

Safa Two de GRISOGONO offers 1-bedroom apartments and 2-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

Starting prices are the published figures from the sources listed on this page, checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments
  • 1 to 2 bed
  • 1,010 to 2,605 sq ft
  • Freehold
Location
Tower B, Sheikh Zayed Road, Dubai
Sales launched
July 2022
Brand
de GRISOGONO
Golden Visa
Prices reach the AED 2 million threshold

Overview

Tower B of DAMAC's de GRISOGONO branded Safa Two on Sheikh Zayed Road. In November 2026 DAMAC listed one and two-bedroom apartments from AED 3,263,000, with handover shown as Q4 2029.

Safa Two de GRISOGONO is a branded residential project by DAMAC on Sheikh Zayed Road, at the edge of Business Bay, branded by the jewellery house de GRISOGONO. DAMAC currently sells Tower B only. Its FAQ describes studios, one to three-bedroom apartments and penthouses, and the amenity plan includes a glass slide, an edge walk at height and a misted fog forest. DAMAC's records give a sales launch in July 2022, and Property Finder, which files the tower under Business Bay, records construction starting in April 2024.

On 13 November 2026 DAMAC listed 16 units in Tower B. Six one-bedroom apartments ranged from AED 3,263,000 to AED 4,196,000 and from 1,010 to 1,245 sq ft. Ten two-bedroom apartments ranged from AED 4,722,000 to AED 9,977,000 and from 1,414 to 2,605 sq ft; Property Finder lists two-bedroom duplexes of 2,097 to 2,605 sq ft, which may account for the top of that range. These are the units on offer in November 2026, not the full range in the building. Studios, three-bedroom apartments and penthouses were not offered online.

The project page headlines a 10/90 plan. The schedule DAMAC publishes for the units on sale (plan PP-641433, August 2026) asks for 9% immediately, 55% in 31 monthly instalments up to month 32 after purchase, and 40% on completion. The instalments add up to 104% because the first payment includes the 4% DLD registration fee, so on the price itself the plan is 5/55/40. Property Finder shows a different 20/40/40 plan.

Two details need clearing up before you commit. First, the dates: DAMAC's project page and Property Finder give handover in the second quarter of 2027, but DAMAC's unit cards for the stock on sale show the fourth quarter of 2029, which is the date we show. Second, the unit codes on DAMAC's listing begin AYKC3D and the payment plan is named AYKON City 3, while Property Finder lists AYKON City 3 as a separate DAMAC project. Ask DAMAC to confirm in writing which building each unit is in and which completion date applies.

Who it suits: buyers who want a branded apartment on Sheikh Zayed Road with unusual amenities and a long instalment period. DAMAC puts City Walk and Box Park five minutes away and Dubai International Airport 20 minutes. What to weigh: the conflicting dates, the brand premium, which may not carry through to resale, and a plan that asks for most of the price before completion.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry 1-bedroom apartment at Safa Two de GRISOGONOAED 3,263,000
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 130,520
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 3,394,540about £696K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Every unit type here is priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

On Sheikh Zayed Road at the edge of Business Bay, a few minutes from the Burj area, City Walk and Box Park, according to DAMAC. Property Finder files the tower under Business Bay.

City Walk
5 min
Box Park
5 min
Medcare Hospital Al Safa
5 min
Al Ittihad School
5 min
The Dubai Mall
10 min
Safa British School
10 min
Mall of the Emirates
15 min
Dubai International Airport
20 min
Al Maktoum International Airport
35 min

Approximate drive times in normal traffic.

About Sheikh Zayed Road

  • Most of the Dubai Metro Red Line runs alongside the road
  • About 12 minutes to Downtown Dubai and 15 minutes to Dubai International Airport on Bayut's estimates
  • Studios to four-bedroom apartments, penthouses and serviced hotel apartments
  • The Jumeirah beaches within about 15 minutes' drive, according to Bayut

Sheikh Zayed Road area guide

Amenities

  • Infinity pool
  • Cafes and restaurants
  • Fog forest
  • Edge walk
  • Glass slide
  • Ground-level pool

Developer: DAMAC Properties

Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers.

Founded
2002
Headquarters
Dubai, UAE
Ownership
Privately held by founder Hussain Sajwani. Listed on the Dubai Financial Market from 2015 and delisted in 2022 after he bought out the minority shareholders.

DAMAC Properties profile and track record

Adviser's view

What works

  • de GRISOGONO branding, with amenities such as a glass slide, an edge walk and a fog forest.
  • 16 units listed with individual prices and sizes, so you can compare floors and layouts.
  • Instalments spread over 32 months, with 40% due on completion.
  • Five minutes from City Walk and Box Park on DAMAC's figures.

What to weigh

  • Handover is Q2 2027 on DAMAC's project page and Property Finder but Q4 2029 on DAMAC's unit cards; confirm the date in the sale agreement.
  • The units on sale carry AYKON City 3 codes and plan name; confirm the building in writing.
  • Prices per square foot are high for the area, and the brand premium may not carry through to resale.
  • Studios, three-bedroom apartments and penthouses were not offered online in November 2026.

Questions buyers ask

What are the prices at Safa Two de GRISOGONO?

On 13 November 2026 DAMAC listed Tower B one-bedroom apartments from AED 3,263,000 to AED 4,196,000 and two-bedroom apartments from AED 4,722,000 to AED 9,977,000.

When is Safa Two de GRISOGONO due for handover?

DAMAC's project page and Property Finder give the second quarter of 2027, but DAMAC's unit cards for the stock on sale show the fourth quarter of 2029. Confirm the date in the sale agreement.

What is the payment plan?

DAMAC's plan PP-641433 (August 2026) asks for 9% immediately, including the 4% DLD fee, 55% in 31 monthly instalments to month 32, and 40% on completion. On the price alone that is 5/55/40.

Which tower is DAMAC selling?

Tower B only. The unit codes and payment plan name refer to AYKON City 3, so ask DAMAC to confirm the building in writing.

Who is the developer of Safa Two de GRISOGONO?

Safa Two de GRISOGONO is being developed by DAMAC Properties. About DAMAC Properties: Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers.

Can foreigners buy at Safa Two de GRISOGONO?

Yes. Sheikh Zayed Road is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD.

Does buying at Safa Two de GRISOGONO qualify for a Golden Visa?

Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Safa Two de GRISOGONO, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our Golden Visa guide.

What fees are payable on top of the price at Safa Two de GRISOGONO?

The main cost is the DLD transfer fee (4%). On the entry price of AED 3,263,000 that comes to about AED 130,520, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

Developments like Safa Two de GRISOGONO

The closest alternatives by area, price and home type among the developments we cover.

All in Sheikh Zayed Road
Rendering of the top of the Volta tower above low cloud

Off-plan

Volta

DAMAC Properties

  • Apartments
  • 1 bed
  • 1,011 sq ft
  • Handover Q2 2029
  • 5/55/40 plan

From AED 2.46M

Sheikh Zayed Road, Dubai
Rendering of the Safa Gate tower with the Dubai skyline in the distance

Off-plan

Safa Gate

DAMAC Properties

  • Apartments
  • 1 to 3 bed
  • 3,145 sq ft
  • Handover Q4 2029

From AED 2.15M

Sheikh Zayed Road, Dubai
Rendering of the Altitude de GRISOGONO tower at night with the city behind

Off-plan

Altitude de GRISOGONO

DAMAC Properties

  • Apartments
  • 2 to 3 bed
  • 1,457 to 4,242 sq ft
  • Handover Q1 2028
  • 5/55/40 plan

From AED 3.62M

Business Bay, Dubai
Rendering of the AYKON City towers with the city skyline at sunrise

Off-plan

AYKON City Tower C

DAMAC Properties

  • Apartments
  • 1 bed

From AED 1.43M

Sheikh Zayed Road, Dubai
Rendering of the two Canal Heights towers beside the Dubai Canal at night

Off-plan

Canal Heights 2 de GRISOGONO

DAMAC Properties

  • Apartments
  • 1 to 4 bed
  • 1,043 to 4,666 sq ft
  • Handover Q3 2028
  • 5/55/40 plan

From AED 2.83M

Business Bay, Dubai
Rendering of the Chelsea Residences towers lit at night across the water

Off-plan

Chelsea Residences

DAMAC Properties

  • Apartments
  • 1 to 2 bed
  • 772 to 1,659 sq ft
  • Handover Q2 2030
  • 5/55/40 plan

From AED 2.46M

Dubai Maritime City, Dubai
Aerial rendering of the three linked DAMAC Bay towers at dusk

Off-plan

DAMAC Bay by Cavalli

DAMAC Properties

  • Apartments, penthouses
  • 1 to 5 bed
  • 1,304 to 10,053 sq ft
  • Handover Q4 2028
  • 5/55/40 plan

From AED 3.94M

Dubai Harbour, Dubai
Architectural rendering of Address Residences Zabeel

Off-plan

Address Residences Zabeel

Emaar Properties

  • Apartments, penthouses
  • 1 to 4 bed
  • 737 to 5,274 sq ft
  • Handover Q3 2029
  • 10/80/10 plan

From AED 2.99M

Zabeel, Dubai

Buying in Sheikh Zayed Road

The area, the developer and the guides worth reading before you reserve in Dubai.