Safa One distress deal
A below-market unit in Safa One, the de GRISOGONO-branded Damac tower on Sheikh Zayed Road overlooking Safa Park. Thirty-five seconds, because that is how long these last.
28 March 2026
−16% Photos and renders of the building and grounds — not of this particular unit.
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Al Wasl
Safa One
Apartment
About the building
Located in Al Wasl. Developer — Damac Properties.
What the building has
- Swimming pool
- Gym
- Spa and sauna
- Restaurants
- Park and landscaping
Specifications for Safa One by de Grisogono per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
Al Wasl
The old Dubai residential belt between Jumeirah and Downtown: villas, low-rise, and some of the best schools in the city.
- families and schools
- central low-rise living
- capital preservation
What to check: Freehold designation varies plot by plot in old Dubai. Establish whether the specific property is open to foreign freehold ownership before spending time on it, and budget properly for refurbishment on an older villa.
Full district guide →Video on this project
Handover payment
A mortgage covers the final instalment
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.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
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.
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