prices starting
$590 000
price per sqft starting
$600
The Sapphire
Residential complex inspired by a precious gemstone, in the heart of Dubai
An exquisite residential complex sits in the central district of Downtown. At its doorstep lies the lush green Safa Park with public areas, walking paths, restaurants, grocery stores, and boutiques of global brands. For beachside leisure in the heart of the metropolis, a stylish floating bar and beach area have been set up. The Sapphire features a rooftop observation deck offering stunning views of Dubai.
Among the 813 residences in the complex, you can choose from 1 or 2-bedroom flats, townhouses at the podium level, or spacious 3-bedroom penthouses.
The lobby concierge can assist with daily tasks: organize a professional children's birthday party, arrange a taxi after work, or schedule cleaning at a convenient time.
At the podium level of The Sapphire, there is an infinity swimming pool surrounded by landscaped areas and relaxation spots. You can work out in the fully-equipped 24-hour gym and unwind at the spa center. On the rooftop, the developer has designed a green garden with lush vegetation and canaries.
Layouts in the project The Sapphire
You can choose a layout in the The Sapphire complex.
Tour of the complex The Sapphire
Architecture
Interiors
Infrastructure
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Locations nearby The Sapphire
Safa Park
The Dubai Mall
The Dubai Fountain
Burj Khalifa
Museum of the Future
The Dubai Frame
Zabeel park
Ras Al Khor Wildlife Sunctuary
Developer of the The Sapphire
Damac Properties is a Dubai-based real estate development company operating in the luxury real estate market since 2002. As part of the Damac Group, Damac Maison, based in Dubai, is inspired by the iconic fashion brand, with sleek designs and high-end finishes. founded by Hussain Sajwani, the company has built a solid reputation with projects spread across the UAE, Saudi Arabia, Qatar, Lebanon, and the United Kingdom. Its portfolio includes luxury homes are part of Damac Capital's extensive property development in the UAE., office buildings, and Damac Hotels and Resorts, catering to discerning clients seeking high living and business environments.
To date, Damac Properties has completed over 32,000 residential units across various master-planned communities, including Damac Hills, Damac Hills 2, and Damac Lagoons. The company is also known for its off-plan developments, offering attractive options in the property market.
Go to developer's page Damac Properties
Payment plan
We calculated the most convenient possible payment option for The Sapphire project
prices starting $586 800
On booking
20 %
$117 360
During construction
50 %
$293 400
Upon completion of construction
30 %
$176 040
FAQ
When will the project's construction be finished?
The project reached completion in the first quarter of 2019.
What options do I have for purchasing the project?
You have the choice of buying an apartment with 1-3 bedrooms, a podium-level townhouse, or a penthouse. Each residence boasts bright interiors adorned with golden accents.
What facilities are included in the complex?
The skyscraper features an infinity swimming pool, a floating bar, a beach area, a 24-hour fitness center, a spa, a landscaped roof garden, a park with canaries, and an observation deck.
What is the price range for property in the project, and what payment plans are available?
Prices start at $1,490,000. You can purchase an apartment with an interest-free installment plan, featuring a convenient 70/30 payment structure. For further details, consult with our brokers.
Where is the residential project situated?
The Sapphire is centrally located in Downtown Dubai. Safa Park, a verdant oasis with public spaces, walking paths, restaurants, and shops, lies at the complex's doorstep. Kite Beach and JBR Beaches are accessible within 10 and 20 minutes by car, respectively.
What is the potential for property value appreciation and rental yields?
As per the Bayut service, the average rental yield on real estate in Dubai ranges from 3 to 6% annually. Apartment prices in the UAE saw an average increase of 13,5% in 2022. Purchasing property in the Emirates ensures a lucrative passive income and the potential for future profits upon resale. More information on this topic can be found in the article «Investments in Dubai real estate».
Can I obtain a residency permit through property purchase?
Certainly, we discussed this in the article «How to get a residence permit for the purchase of real estate». If you have any lingering questions after reading, simply request a callback, and our brokers will provide guidance.
Who can assist me in purchasing property?
Simply request a callback from our specialists below: our brokers will offer personalized consultations, assist in selecting the ideal property, and provide support throughout the entire transaction.
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