−16% 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
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 →Questions and answers about lot NP1-338037
How much is this apartment in Safa One?
Lot NP1-338037 is priced at AED 19 000 000, about $5 174 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 22 752 500; it is now AED 19 000 000 — AED 3 752 500 less, or 16%.
What are prices like in Al Wasl?
The database holds 14 lots in Al Wasl, starting from AED 1 500 000. The area median is AED 3 822 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 9 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Wasl area guide →Is the property ready or still under construction?
The handover date in the listing is Q1 2027. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 760 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 19 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-338037 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Safa One
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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