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Damac The Sapphire

Sheikh Zayed Road, Dubai by DAMAC Properties Handover Q1 2029

Damac The Sapphire is an off-plan apartments development by DAMAC Properties in Sheikh Zayed Road, Dubai, with homes from AED 2,160,000 on a 70/30 payment plan and handover expected in Q1 2029. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 2,160,000

Overview

Apartments in Sheikh Zayed Road.

Damac Properties unveils its latest masterpiece, The Sapphire at Sheikh Zayed Road, a high-rise tower sets to redefine luxury living with 1, 2, 3-bedroom apartments, townhouses and limited penthouses. With its distinctive tower configuration spanning across 54 floors, it stands as a testament to architectural excellence and opulence. This distinctive development promises a lifestyle of comfort, boasting meticulously crafted living spaces designed for transformative experiences tailored to meet the discerning tastes of its residents.

Strategically located along Sheikh Zayed Road, it offers convenience and connectivity to residents. With the convenience of its central location in Safa Park, residents are living next to leisure destinations like City Walk, Box Park, and Jumeirah Beach. With its strategic location near major highways, residents enjoy seamless connectivity to the rest of Dubai, making it the epitome of luxury living in the city.

Upon arrival, residents and guests are greeted by a branded entrance area that sets the tone for the lavish lifestyle within. The ground level features captivating lobby areas designed to leave a lasting impression, while podium levels house exquisite townhouses, ensuring privacy and exclusivity. The fifth floor serves as a haven for relaxation and rejuvenation, with luxury spa retreats and a 24/7 gym catering to residents' wellness needs. From the 6th to the 52nd floor, the luxury apartments await, each meticulously crafted to exude sophistication and comfort. For those seeking the epitome of luxury living, the 53rd and 54th floors boast exclusive sky penthouses, offering open views of the city skyline.

Beyond its lavish interiors, the development sets itself apart with an array of amenities designed to elevate the resident experience. From the serene sunflower and canary gardens to the innovative circadian pods and observation deck, every aspect of this development is imbued with a sense of luxury and tranquility. Notably, amenities such as the immersive ring of light, energy bubble, and immersive nature bring a touch of novelty and enchantment, ensuring residents experience moments of wonder and delight at every turn. The inclusion of a roof garden and swimming pool further enhances the allure of outdoor living, providing residents with a serene retreat amidst the bustling cityscape.

Details

Key facts.

City
Dubai
Starting price
AED 2,160,000
Status
Off-plan
Handover
Q1 2029
Property types
Apartment
Unit types
1–5 BR
Payment plan
70/30
Golden Visa
Priced from AED 2M

Payment plan

70/30, paid in 3 steps.

70% before handover30% on handover
  1. 120%Down paymentOn booking
  2. 250%Construction instalmentsDuring construction
  3. 330%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%432,000
Construction instalmentsDuring construction50%1,080,000
Handover paymentOn handover30%648,000
Total100%2,160,000

*Worked example on the starting price of AED 2,160,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
1 bedroom813
Unit typeSize (sq ft)
2 bedrooms1310
Unit typeSize (sq ft)
3 bedrooms1772
Unit typeSize (sq ft)
4 bedrooms9372
Unit type
5 bedrooms

Location

In Sheikh Zayed Road.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 2,160,000
Paid before handover
AED 1,512,000 (70%)
Due on handover
AED 648,000 (30%)
DLD registration (4%)
AED 86,400 verify
Golden Visa threshold
From-price is AED 2M or more

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About DAMAC Properties.

Developer and master developer of DAMAC Lagoons, with DAMAC Islands 2 in Dubailand.
Projects on Sovereign
39
All projects by DAMAC Properties
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Damac The Sapphire?

Homes at Damac The Sapphire start from AED 2,160,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Damac The Sapphire?

DAMAC Properties offers a 70/30 payment plan: 70% during construction and 30% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Damac The Sapphire?

Handover is expected in Q1 2029. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Damac The Sapphire?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Damac The Sapphire qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Damac The Sapphire?

Damac The Sapphire is developed by DAMAC Properties. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Damac The Sapphire?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Damac The Sapphire.

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