Al Safa · Damac Properties
87-storey residential building in Al Safa. Developer — Damac Properties. Architect — Dar Al Handasah Consultants.
Specifications for Safa Two by De Grisogono per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Safa Two by De Grisogono is an 87-storey residential building in Al Safa, currently under construction.
The developer is Damac Properties. The architecture is by Dar Al Handasah Consultants.
The database currently holds 8 lots in this project, from 1 450 000 AED; 8 of them priced below the market, the deepest discount 28%.
An 87-storey Damac tower in Business Bay under the de Grisogono brand, under construction. Seventeen lots in our own stock — from AED 1.45 to 4.2 million (~$390K–1.14M), the entire range below the district median.
Safa Two by de GRISOGONO is a residential skyscraper in Business Bay by Damac Properties, engineered by Dar Al Handasah Consultants. 87 storeys, under construction. The factsheet doesn't give a residence count; the only confirmed amenity is a pool.
de GRISOGONO is a Swiss jewellery house, responsible for the interior design here. This is Damac's second project under the brand in the district: Chic Tower by de Grisogono, covered in this same series, is being built nearby.
Seventeen listings in our own stock for one building still under construction is a lot. That's usually what a project looks like when a significant share of buyers entered at launch with an investment goal and are exiting before handover by reselling the contract.
The range runs AED 1.45–4.2 million at an average price per square foot around AED 2,339 (~$635/ft²). Note that the per-square-foot price here is half the Business Bay average of AED 4,900. For a branded tower that's unusual, and it's explained by the compact unit mix — the low cheque is achieved through size, not discount.
Seventeen sellers give a rare negotiating position: you can compare directly within one building, and they're competing against each other. It's also a way to check the timeline — ask several independently and compare the answers.
A height like this puts the building beyond an ordinary high-rise: the upper floors look out over the entire district to the canal, Downtown and the gulf. In dense Business Bay, that view isn't something other buildings can replicate — 87 storeys is a height bracket shared globally by only a handful of supertalls, in cities like New York and Hong Kong.
The flip side is upkeep and timelines. Buildings over eighty storeys take longer to build and slip schedule more often, and their maintenance costs more per square foot. Ask about the service charge (the annual per-square-foot fee for building upkeep) rate before you book.
propsearch factsheet (storeys, developer, engineer, status, amenities) and our own stock as of 27 August 2026 (seventeen lots in the building, price per square foot for the building and for Business Bay).
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 architecture is by Dar Al Handasah Consultants.
87.
Safa Two by De Grisogono is still being built. The handover date of a given unit I verify against its contract before the deal.
Al Safa. A villa district wrapped around Safa Park, with a short line of very tall towers along its Al Wasl Road edge — two entirely different products at one address.
The database currently holds 8 lots in this project, from 1 450 000 AED; 8 of them priced below the market, the deepest discount 28%. The list changes daily — I will send a fresh selection for the building on request.
What has been written about the building, its developer and Al Safa
In October 2024 UK-founded LEOS moved its global headquarters to Dubai and announced a $7bn fund for 10+ UAE projects. A year later it launched LEOS Royal with Dubai Holding: about 800 villas and townhouses in Wadi Al Safa 5, valued at AED 5bn+. How to read a developer like this.
A listing may name a sector, a community or a project — three different levels. Confusing them costs buyers real money.
The district name in a listing can mean almost anything. The plot number is the only unambiguous identifier of a property.
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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