Distress Deal: 2 Bedroom on Floor 71 in DAMAC Safa Two, Business Bay, Dubai – AED 3,596,000

Urgent – 16% Below Original Price | Full Sea View + Burj Al Arab View | DAMAC Safa Two, Business Bay

One of the most compelling distress sale opportunities currently available in Business Bay. This 2-bedroom apartment on the 71st floor of DAMAC Safa Two is being offered at AED 3,596,000 — a saving of AED 685,000 (16%) against the seller’s 2022 original purchase price of AED 4,281,000. With 54% of the purchase price already paid to DAMAC (AED 2,313,500), the buyer assumes a significantly de-risked position, inheriting a well-advanced payment structure in one of Dubai’s most iconic upcoming towers. From the 71st floor, the unit delivers a full, unobstructed sea view and a direct view of the Burj Al Arab — one of the rarest and most sought-after view combinations available in any Dubai residential address. Handover is targeted for Q2 2027. This is an urgent listing from a motivated seller and represents exceptional value in a rising market.

Property Highlights

• Project: DAMAC Safa Two
• Developer: DAMAC Properties
• Community: Business Bay, Dubai
• Unit Type: 2 Bedrooms
• Size: 1,376 sq.ft (127.8 m²)
• Floor: 71st floor (high floor)
• View: Full sea view + direct Burj Al Arab view
• Asking Price: AED 3,596,000 (distress sale – urgent)
• Original Purchase Price (2022): AED 4,281,000
• Discount vs Original Price: AED 685,000 (16% below OP)
• Already Paid to Developer: AED 2,313,500 (54%)
• Remaining Balance to Developer: AED 1,967,500 (46%)
• Handover: Q2 2027
• Status: Off-Plan – Distress Property – Urgent
• Ownership: Freehold – Open to all nationalities

About DAMAC Safa Two – Business Bay, Dubai

DAMAC Safa Two is a landmark super-luxury residential skyscraper by DAMAC Properties, rising dramatically above Business Bay and Sheikh Zayed Road in the heart of Dubai. Conceived as a bold architectural statement, Safa Two is inspired by a ruby-red aesthetic and delivers an extraordinary collection of residences — from apartments to sky villas — positioned at heights that command sweeping views across the Arabian Gulf, the Burj Al Arab, Safa Park, and the wider Dubai skyline. Developed by DAMAC Properties, one of the Middle East’s most prolific luxury real estate developers with a decades-long track record of delivery in Dubai and internationally, Safa Two forms part of the twin-tower Safa collection alongside the neighbouring Safa One. The tower is positioned directly adjacent to Safa Park — one of Dubai’s largest and most established urban green spaces — on the Sheikh Zayed Road frontage, creating an address that is simultaneously iconic, central, and irreplaceable.

Community and Lifestyle

• Business Bay is Dubai’s most dynamic mixed-use district, integrating premium residential, commercial, hospitality, and retail along the Dubai Water Canal
• Direct adjacency to Safa Park — over 64 hectares of landscaped green space, running tracks, and recreational facilities in the heart of the city
• Walking distance to the Dubai Water Canal promenade, boardwalk dining, and waterfront cycling paths
• Minutes from Downtown Dubai, DIFC, and the Burj Khalifa district
• Surrounded by a dense offering of five-star hotels, fine dining, and premium retail
• Suited to senior professionals, high-net-worth individuals, and investors seeking an iconic Dubai address with genuine landmark views

Amenities

• Infinity-edge swimming pool with panoramic city and sea views
• State-of-the-art fitness centre and wellness facilities
• Spa, steam room, and relaxation zones
• DAMAC-managed concierge and resident services
• Sky lounge and sky terrace at tower heights
• Children’s play area and dedicated family zones
• Covered valet parking
• 24-hour security, CCTV, and building management
• Ground-level retail and dining at podium level
• EV charging stations (subject to developer confirmation)

Layout and Floor Plan

This 2-bedroom apartment on the 71st floor of DAMAC Safa Two spans 1,376 sq.ft (127.8 m²) at an elevation that places it firmly within the tower’s upper-floor premium tier. At this height, the full sea view and direct Burj Al Arab view are entirely unobstructed and permanent — no future development can compromise the outlook. The unit is designed to Safa Two’s signature luxury specification, with floor-to-ceiling glazing to maximise the panoramic views. The detailed architectural floor plan for this 2-bedroom unit in DAMAC Safa Two, Business Bay — including exact room dimensions, layout configuration, and stack details — is available on request. Please contact us to receive the full floor plan documentation.

Payment and Handover

This is a secondary market distress sale with an urgency to transact. The financial breakdown is as follows:

• Original Purchase Price (2022): AED 4,281,000
• Asking Price: AED 3,596,000
• Discount: AED 685,000 (16% below original price)
• Already Paid to DAMAC: AED 2,313,500 (54% of original price)
• Estimated Remaining Balance to Developer: AED 1,967,500 (46%)
• Handover: Q2 2027

The buyer assumes the remaining payment plan instalments payable to DAMAC Properties. The exact instalment schedule, Dubai Land Department (DLD) transfer fee (typically 4% of the purchase price), DAMAC’s NOC fee, and applicable service charges are available on request and should be verified with legal counsel prior to proceeding. This is a freehold property available to all nationalities.

Location and Connectivity

• Safa Park: Adjacent — directly accessible on foot from the tower podium
• Dubai Water Canal Promenade: Approximately 3 minutes on foot
• Downtown Dubai and Burj Khalifa: Approximately 5 minutes by car
• The Dubai Mall: Approximately 7 minutes by car
• DIFC: Approximately 8 minutes by car
• Jumeirah Beach and Burj Al Arab: Approximately 10 minutes by car
• Dubai Marina: Approximately 20 minutes by car
• Dubai International Airport: Approximately 20 minutes by car
• Immediate access to Sheikh Zayed Road (E11) — Dubai’s primary arterial highway
• Business Bay Metro Station within walking distance

Why Invest in DAMAC Safa Two, Business Bay

• 16% instant discount: AED 685,000 below the 2022 original purchase price — a rare and genuine below-market entry in a rising market
• 54% already paid: AED 2,313,500 already invested with DAMAC — the buyer inherits a de-risked, well-advanced position
• Irreplaceable views: Full sea view and Burj Al Arab view from the 71st floor — permanent, unobstructable, and among the most prestigious outlook combinations in Dubai
• Super-tall tower premium: DAMAC Safa Two is a landmark address that commands durable long-term premiums in both resale and rental versus standard Business Bay product
• Near-handover timing: Q2 2027 completion means limited remaining off-plan risk and rapid progression to ownership and rental income
• Sheikh Zayed Road and Safa Park frontage: The combination of a prime road address and direct green space adjacency is exceptionally rare and drives sustained demand
• Strong capital appreciation outlook: Business Bay and the wider Sheikh Zayed Road corridor continue to attract sustained end-user and investor demand, supporting robust post-handover price growth
• Freehold ownership: Available to all nationalities with full title deed from the Dubai Land Department

Frequently Asked Questions (FAQs)