Home / Properties / Business Bay / DAMAC Safa Two de GRISOGONO in Business Bay, Dubai

DAMAC Safa Two de GRISOGONO in Business Bay, Dubai

Business Bay, Dubai
Q2 2027
Handover
1,009 sqft
From size
1-5 Bedroom
Layouts
Business Bay, Dubai · 1-5 Bedroom · from 1,009 sqft · handover Q2 2027 · starting at 3,263,000AED

About the project

Safa Two de GRISOGONO is a residential development by DAMAC Properties on Sheikh Zayed Road in Business Bay, Dubai. It follows Safa One, which stands across the road, and DAMAC sees the pair as a gateway between central Dubai and its newer districts. The project is branded by the Swiss jeweller de GRISOGONO. Its signature rubies set the colour scheme, so scarlet runs from the lobby entrance through the interior detailing to the furniture, while the outline of the tower is meant to recall a cut diamond. Construction is under way, with handover planned for Q2 2027.

The residences

Every apartment is planned around movable walls, so owners can open a room up or close it off whenever their needs change. The developer's floor plans for Tower B run from studios to three-bedroom apartments. The homes now on offer sit high up, between the 74th and 83rd floors: one-bedroom apartments from 1,010 sq ft, two-bedroom apartments from 1,414 sq ft, two-bedroom duplexes on the 81st floor and five-bedroom penthouses on the 83rd, the largest of them 14,088 sq ft. The building was designed for views on every side, taking in the canal, Burj Al Arab, The World Islands and Palm Jumeirah.

Amenities

The podium has an artificial beach pool shaded by real palm trees, looking out at the skyline. On the 60th floor is the Ruby Heart, which DAMAC calls the tower's most recognisable feature, with a sapphire infinity pool over Sheikh Zayed Road and high-end restaurants. Above it come the super luxury floors, topped by the 85th floor and its more daring attractions. There is an edge walk along the rim of the building, a spiralling glass slide and an observatory at the highest accessible point. The rooftop fog forest, which DAMAC describes as Dubai's first, is a tropical garden kept in mist, with a restaurant inside it. Residents also have a hanging garden, an indoor gym, a spa, cafés and shops.

Location and payment plan

The site lies close to Safa Park and the Dubai Water Canal, between Downtown Dubai and Jumeirah, with Sheikh Zayed Road at the door. The payment plan is 40/60. Buyers pay 20% on booking and another 20% during construction, and the remaining 60% falls due on handover in Q2 2027.

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Unit types

TypeBedsSizePrice
1BR11,010 sqft3,263,000 AED
2BR21,414 sqft4,722,000 AED
5BR Penthouse58,848 sqft51,940,000 AED

Payment plan

Stage%Milestone
Down payment20%On booking
During construction20%During construction
On handover60%Q2 2027

The developer

DAMAC Properties
Dubai's largest private luxury developer — iconic brand partnerships at every turn.
DAMAC Properties is a major private luxury developer with an extensive presence in Dubai, founded in 2002 by Hussain Sajwani. The company is renowned for its collaborations with global luxury brands — Versace, Roberto Cavalli, de GRISOGONO, Paramount, and Trump — and for landmark mega-developments such as DAMAC Hills (1, 2 & Lagoons), DAMAC Islands, and Akoya. Taken private in 2022, DAMAC is today one of the largest privately held real-estate companies in the Middle East.
2002FoundedDubai, UAEHeadquarters44,000+ units deliveredProjects delivered
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About Business Bay

Dubai's Business Hub — steps from Burj Khalifa.

Business Bay is Dubai's primary central business district — a mixed-use destination combining office towers, luxury residences, and hotels along the Dubai Water Canal. Its proximity to Downtown Dubai, DIFC, and Sheikh Zayed Road makes it a top choice for business professionals and high-income tenants. In 2026, the defining trend is branded luxury residences from global names — Dorchester, Bugatti, Pagani — commanding price and rental premiums of up to 35% above standard projects.
5.7–7%Rental yieldJESS Jumeirah English Speaking School (Al Safa, ~10 min)NearbyGEMS Jumeirah Primary School (Al Safa, ~10 min)NearbyDowntown Dubai / Burj Khalifa · ~5 minDrive time
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Location

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Frequently Asked Questions about DAMAC Safa Two de GRISOGONO

What is Safa Two de GRISOGONO?
Safa Two de GRISOGONO is a residential tower project by DAMAC Properties on Sheikh Zayed Road in Business Bay, Dubai. It is branded by the Swiss jeweller de GRISOGONO and offers apartments, duplexes and penthouses, with handover planned for Q2 2027.
Who is the developer of Safa Two de GRISOGONO?
Safa Two de GRISOGONO is developed by DAMAC Properties, a Dubai developer founded in 2002 that often works with fashion and design houses. It is the second project after Safa One, which stands across Sheikh Zayed Road.
How does de GRISOGONO shape the design of Safa Two?
Safa Two de GRISOGONO takes its colours from the signature rubies of de GRISOGONO. Scarlet tones run from the lobby entrance to the interior detailing and the furniture, and the outline of the tower is meant to recall a cut diamond.
Where is Safa Two de GRISOGONO located?
Safa Two de GRISOGONO is on Sheikh Zayed Road in Business Bay, Dubai, close to Safa Park and the Dubai Water Canal. The building was designed for views of the canal, Burj Al Arab, The World Islands and Palm Jumeirah.
What homes are available at Safa Two de GRISOGONO?
The homes on offer at Safa Two de GRISOGONO sit between the 74th and 83rd floors: one-bedroom apartments from 1,010 sq ft, two-bedroom apartments from 1,414 sq ft, two-bedroom duplexes and five-bedroom penthouses of up to 14,088 sq ft. Movable walls let owners change the layout.
When will Safa Two de GRISOGONO be completed?
Safa Two de GRISOGONO is under construction, and DAMAC Properties plans handover for Q2 2027.
What is the payment plan for Safa Two de GRISOGONO?
Safa Two de GRISOGONO is sold on a 40/60 plan: 20% on booking, 20% during construction and the remaining 60% on handover in Q2 2027.
What amenities does Safa Two de GRISOGONO have?
Safa Two de GRISOGONO has a podium beach pool with palm trees and the Ruby Heart on the 60th floor, with a sapphire infinity pool and restaurants. Higher up are an edge walk, a glass slide, an observatory and a rooftop fog forest, plus a hanging garden, a gym and a spa.
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