Al Wasl · Damac Properties
Located in Al Wasl. Developer — Damac Properties.
Specifications for Safa One by de Grisogono per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Safa One by de Grisogono is a residential complex of several buildings in Al Wasl, currently under construction.
The developer is Damac Properties.
The database currently holds 1 lot in this project, from 19 000 000 AED; 1 of them priced below the market, the deepest discount 16%.
A Damac tower under the de Grisogono jewelry brand in Al Wasl, under construction. Price per square foot AED 2,360 — noticeably below the district's AED 3,286.
Safa One by de Grisogono is a residential tower by Damac Properties in Al Wasl, styled by the Swiss jewelry house de Grisogono. Status: under construction. Our stock carries two listings: units of around 1,664 square feet, two bedrooms, priced from AED 3.55 to 4.3 million.
A second phase, Safa Two, is being built nearby — in our stock it runs at AED 2,929 per square foot.
Al Wasl is a district along Al Wasl Road, between Safa Park and the bay.
Al Wasl is the sixth row in the table: AED 3,286 per square foot at a median of AED 4.4 million. Safa One sits noticeably below the district level.
| District | Median, million | AED per ft² | Lots |
|---|---|---|---|
| Bluewaters | 10.70 | 6717 | 149 |
| Emaar Beachfront | 5.60 | 4633 | 99 |
| DIFC | 6.50 | 4086 | 16 |
| Downtown | 4.70 | 3459 | 366 |
| Business Bay | 3.70 | 3635 | 368 |
| Al Wasl | 4.40 | 3286 | 33 |
| Central Park | 4.25 | 3261 | 24 |
| Madinat Jumeirah Living | 3.59 | 3208 | 33 |
| Dubai Marina | 3.80 | 2580 | 266 |
| Dubai Creek Harbour | 3.80 | 2772 | 117 |
| Dubai Hills Estate | 3.62 | 2617 | 108 |
| Dubai Media City | 2.44 | 2435 | 10 |
| Sobha Hartland | 2.70 | 2241 | 111 |
| Al Jaddaf | 1.90 | 2172 | 12 |
| Expo City | 6.45 | 2002 | 24 |
| JVT | 0.89 | 1848 | 22 |
| Dubai Land | 1.28 | 1770 | 10 |
| Majan | 0.97 | 1618 | 12 |
| Arjan | 1.15 | 1614 | 36 |
| Al Furjan | 4.45 | 1604 | 82 |
| JVC | 1.24 | 1474 | 276 |
Our stock as of 28 August 2026. The median is the price of the middle lot; price per square foot is calculated only for lots with a verified area. The gap between the top and bottom of the table is 4.6x per square foot.
Al Wasl in our database counts 33 lots, with a median of AED 4.4 million at a price of AED 3,286 per square foot.
Damac regularly brands its projects with names from other industries — Cavalli, Paramount, de Grisogono, Bugatti. The economics of these projects vary widely: Bugatti Residences in Business Bay runs at AED 9,298 per square foot, Safa One at AED 2,360.
In other words, the brand alone doesn't set the price. What sets it is the combination of brand with location and product class; where a brand is attached to a mass-market building in an ordinary district, there's no premium at all.
And it's worth remembering the story of Damac Towers by Paramount: the project lost its brand after handover. Always ask about the term of the branding agreement.
propsearch passport: developer Damac Properties, status 'under construction.' Our stock as of 28 August 2026: 2 lots (sizes, bedrooms, prices), data on Safa Two and Bugatti Residences, medians and price per square foot across city districts.
The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppDamac Properties.
The project is under construction. I check the exact date for a particular unit in the contract before the deal.
Al Wasl. The old Dubai residential belt between Jumeirah and Downtown: villas, low-rise, and some of the best schools in the city.
The database currently holds 1 lot in this project, from 19 000 000 AED; 1 of them priced below the market, the deepest discount 16%. Prices move every day, so it is worth asking for the current list for this building.
Swimming pool, Gym, Spa and sauna, Restaurants, Park and landscaping. The list comes from the project description and covers the whole complex.
What has been written about the building, its developer and Al Wasl
Dubai's Crown Prince approved designs for two 20 000-seat stadiums back in March 2024 — homes for Al Wasl in Al Jaddaf and Shabab Al Ahli in Al Ruwayyah 3. We check the status two and a half years on, and what an anchor of this scale would mean for the district by the Creek.
A central district of older low-rise housing. Before price, the question here is whether a foreign buyer may own the specific plot at all.
In mainland districts part of what is on offer is not freehold but a long-term right of use. It is a different instrument, and confusing the two is expensive.
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Telegram is the fastest way — I answer personally.
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