The Sapphire by DAMAC Properties

The Sapphire is a 57-storey high-end development crafted by DAMAC Properties in partnership with de GRISOGONO. Drawing inspiration from the radiant allure of yellow sapphires, this architectural marvel presents a meticulously designed selection of residences nestled along the main highway of the emirate, the Sheikh Zayed Road.

The Sapphire offers 626 stunning residences, consisting of 1-3 bedroom 'luxury' apartments, 2-bedroom podium townhouses and opulent 4-5 bedroom duplex penthouses. Additionally, investors have the opportunity to acquire full floors within this gorgeous development in the prestigious location of Al Safa. Ranging from 813 sq. ft to 9,437 sq. ft in size, each residence is thoughtfully designed to offer a harmonious living environment, complete with optional amenities such as a study, laundry and powder rooms. Penthouse residents will also be able to indulge in their very own private resort-style swimming pools.

Meticulously planned by the master developer, every home in The Sapphire exudes sophistication, featuring fully-fitted kitchens equipped with premium finishes and appliances, including cabinets, stone countertops, cookers, kitchen hoods, fridges and washing machines. Parking includes one spot for 1-3 bedroom apartments and four spots for each penthouse.

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TOP PROJECT FOR LIFE AND INVESTMENT

As of Q1 2024, the price for a 1-bedroom apartment in the complex starts from AED 2.16M (USD 588K). The price for a luxurious penthouse is AED 56.37M (USD 15.3M).

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Located alongside the Sheikh Zayed Road, which is the main transportation artery of Dubai, The Sapphire offers seamless connectivity to key destinations, including Dubai International Airport, which is reachable within a 25-minute drive.

Residents will be able to enjoy easy access to the city's commercial hubs, such as Business Bay, DIFC and DWTC, as well as being within close proximity to Safa Park, which is considered to be the ideal place for leisure activities and family outings during the gorgeous winter months.

Thanks to the central location of the complex, residents will be able to enjoy easy access to iconic landmarks and attractions, including the Dubai Opera, The Dubai Fountain and the biggest mall in the world; Dubai Mall. Moreover, there are renowned F&B venues nearby, including Swiss Butter Sofitel Downtown, Rossovivo, Bab Al Mansour and Mosaica Dubai.

EXPLORE LOCATION

25 MINUTES

10-15 MINUTES

Dubai International Airport

The main business centers of Business Bay, DIFC and DWTC

Residents of The Sapphire are treated to an unparalleled array of exclusive amenities, seamlessly blending wellness and nature. These include:

• Sunflower gardens
  
• Canary garden
  
• Observation deck
  
• Circadian pods
  
• Branded lobby
  
• Co-working space
  
• Spa centre
  
• 24/7 gym

The rooftop oasis features a lush garden, an energy bubble, an immersive ring of light and even a colour-changing pool, providing an idyllic retreat.

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The Sapphire is an ultra luxurious residential complex located in the city centre of Dubai. Nearby there are iconic sights, fine restaurants, parks for walking and entertainment options for both adults and children. An apartment in the up-coming project will be an excellent choice for business professionals and their families, as well as employees of foreign companies, freelancers and connoisseurs of an urban lifestyle.

Real estate in The Sapphire is a promising investment and a great chance to preserve capital, as residences within the project can be rented to guests of the emirate, freelancers or foreign professionals working in the city. The ROI for 1-bedroom apartments in the central areas of Dubai is 6.1%, while 2-bedroom townhouses reach 7.6%. Moreover, with a projected 78% capital appreciation in just two years, The Sapphire presents a lucrative investment opportunity for off-plan property resale, with a 2% rebate offered on full floor purchases.

By buying a property in The Sapphire, you will be able to apply for a coveted Golden Visa and an Emirates ID, both of which are valid for 10 years. These documents allow you, your family and domestic staff to legally live in the emirate and the visa can be extended as long as you remain the owner of the property.

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20%

On Booking

50%

On Construction

30%

On Handover

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