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Under construction

Safa Gate by Damac

Price from

AED 1,465,000≈ $398,911 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 24,456 per m² ≈ $6,659

pricier than 65% of city projects: +23%

Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago

Properties
Condominium
Area
37 - 500 m²
Bedrooms
1 - 5
Completion
Q4 2029
Readiness
Under construction
Dry season
Jul, Aug, Oct
First instalment
20%

Price

Is this expensive for the city

$6,659 per m², Dubai median $5,399

$38$52,299

+23% vs the city median (Dubai), sample of 372 projects. pricier than 65% of city projects.

Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

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What it really costs

Payment plan

  1. 20%Step 1 · On booking$79,782
  2. 4%Step 2 · Tax$15,956
  3. 50%Step 3 · Before commissioning$199,455
  4. 30%Step 4 · On transfer$119,673
Total
$398,911

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$199,455$8,562,233
$395$5,990

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

40%100%
0%20%
Monthly income
$1,516
Annual income
$18,186
Gross yield
5.7%
Net yield
4.6%
Value in 5 years
$533,833
5-year ROI
57%
See calculation details
Gross annual rent
$22,660
Common area fee
-$221
Tax (10%)
-$2,266
Agent commission
-$1,988
Net annual income
$18,186
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct Wettest months: Jan, Mar, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.117
Feb20.88
Mar23.316
Apr26.99
May30.74
Jun33.14
Jul35.01
Aug35.41
Sep33.52
Oct30.71
Nov26.58
Dec22.514

Source: NASA POWER, climate normal (2001-2020). Grid node 25.2, 55.2. This is a multi-year normal, not a weather forecast.

About the project

Properties
Condominium
Completion
Q4 2029
Status
Under construction
Area
37 - 500 m²

Description

Damac Properties is building Safa Gate by Damac in Dubai, United Arab Emirates, with completion set for October 2029. The project is a condo development offering layouts from 1 to 5 bedrooms.

Unit sizes start at 37.07 sqm and go up to 499.88 sqm, spanning compact studio-type layouts through to large multi-bedroom homes. Prices begin at AED 1,465,000 and reach AED 26,204,000 at the top end, with a price per square meter set at AED 24,456.

The spread between the smallest and largest units means buyers can choose between entry-level and larger formats within the same development. The project is currently under construction, with completion scheduled for October 2029 in the Dubai region.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Price in your currency

Rate: 1 USD = 3.6725 AED≈ $398,911Rate as of 2026-10-14

Denominated in AED - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Dubai, United Arab Emirates

Market context

Apartment prices20%
Villa prices29%
Residential transactions56,723transactions, ↑ +16% YoY
Average apartment rentAED 107,000↑ +8.5% YoY
Price per sqmAED 1,600↑ +8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

Sources (6) · updated 21/08/2026

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