OnePlus 2 is going to be unveiled July 27 and the details on its specs are being slowly revealed by the manufacturer. OnePlus has now officially confirmed the OnePlus 2 handset will be available for less than $450.

OnePlus CEO Pete Lau officially proclaimed the price on Twitter. Phone Arena said Lau’s announcement may mean the handset will be priced at $449.99.

OnePlus has already confirmed some of the features of the OnePlus 2. A OnePlus forum post last month revealed the handset will arrive with Snapdragon 810 v2.1 chipset. It is an enhanced version of the original Snapdragon 810 chipset that is infamously known for its thermal overheating problems. However, the newer chipset is free of the issue.

OnePlus 2 will be the first smartphone to release with a USB type-C connector on board, an official Google+ post revealed. The handset also officially is confirmed to feature a fingerprint sensor.

As far as the display is concerned, rumors claim it will house a 5.5-inch or 5.7-inch screen. However, there is no update available on screen resolution. OnePlus also reportedly will include 3 GB or 4 GB of RAM to support the Snapdragon 810 v2.1 SoC.

The 64-bit octa-core processor is expected to deliver a processing speed of 1.55 GHz. Lastly, the OnePlus 2 is expected to arrive with full metal chassis.

According to OnePlus, the original OnePlus One is now available at a reduced price of $249 for the 16 GB model and $299 for the 64 GB model. OnePlus is also offering a version of the 64 GB version that comes with a free subscription of Dropbox Pro.

The OnePlus One that was released in April 2014 came with a 5.5-inch full HD screen. It is powered by Snapdragon 801 processor and 3 GB of RAM. It features a 13 megapixel camera, a 5 MP selfie camera, and is powered by 3,100 mAh battery.