Damac's Safa One 'jewel tower' work 56pc completed

31/03/2026 05:18 AST

Dubai master developer Damac has announced that work is in full swing on its Safa One development which continues to rise steadily on the Dubai skyline. The overall construction stands at 56% completion, with core wall levels advancing to Level 46 in Tower A and Level 49 in Tower B.

The project is branded by Swiss luxury jeweller de Grisogono and the interior designs are inspired by the emeralds and diamonds that are commonly found on the jeweller's most famous pieces.

Nestled in the heart of Dubai, Safa One de Grisogono redefines the parameters of luxury, said Damac in a statement. It features two stunning towers designed by the acclaimed Killa Design.

According to Damac, Tower A, the taller of the two tower blocks, will have an urban tropical island 'with cascading waterfalls, plentiful plants, as well as the sounds and sights of exotic birds.'

Inspired by jade necklaces, the balconies will contain small gardens with exotic trees and flowers that give the façade a green garden effect. The podium will have a shade-casting trees, tropical plants and flowers, stated the developer.

Offering 1-3 bedroom apartments, 2-4 bedroom duplexes, and 5-bedroom penthouses, it combines opulence with the lush beauty of Safa Park for an extraordinary living experience.

Each milestone embodies elegance, precision, and a vision of luxury living coming to life, said the Dubai master-developer.

With the work moving at a steady pace, the project is on track for December handover, it added.


Trade Arabia

News

DAMAC records Dh3.12 billion in March sales as Q1 property activity surges

07/04/2026

Dubai's property market closed March with a clear leader, with DAMAC Properties topping sales activity by a wide margin as demand held firm despite regional tensions.

The developer recorded

Gulfnews

World Bank to Partner with Global Vaccine Group Gavi on $2 Billion in Funding

08/12/2025

The World Bank Group said on Saturday it is working with global vaccine alliance Gavi to strengthen financing for immunization and primary healthcare systems, planning to mobilize at least $2 billion

Asharq Al Awsat

Damac offers a dream job for creators

29/10/2025

Damac Properties, the UAE's largest private luxury real estate developer with an extensive global footprint, has announced a new opportunity for travellers, dreamers, and creators across the globe: t

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ALMUTAHED 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
MASSALEH 0.00 0.00 (0.00%)
INVESTORS 0.00 0.00 (0.00%)

Recent News

Knowledge Economic City gets funding for Islamic World District project

19/06/2026

Knowledge Economic City has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund construction work on the first phase

Trade Arabia

e& plans world's first commercial U6GHz network in UAE

19/06/2026

e& UAE today announced it has awarded a contract to a strategic infrastructure partner to roll out the world's first commercial mobile network using Upper 6GHz (U6GHz) 256TRX Giga-MIMO technology. <

Trade Arabia

GWC launches air-to-land logistics corridor

19/06/2026

Gulf Warehousing Company (GWC) has announced that it has for the first time extended its end-to-end supply chain to include a fully operational air-to-land logistics corridor powered by the TIR syste

Gulf Times

Dubai's Amanat acquires 100% of Cambridge Health in Dh105m deal

19/06/2026

DFM-listed Amanat Holdings PJSC has completed the full acquisition of Cambridge Health Group after buying an additional 10.03 per cent stake for Dh105 million.

The deal gives Amanat 100 per

Gulfnews

Saudi Aramco Weighs Global Oil Storage Facilities to Boost Energy Security

19/06/2026

Saudi Arabia laid out a new strategy in Rome to strengthen global supply chains and build a broader partnership model with Europe, seeking to move beyond current geopolitical pressures and deepen eco

Arab News

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap