DAMAC The Sapphire – Luxury High-Rise Living on Sheikh Zayed Road
Project Overview
Location
Sheikh Zayed Road, Al Safa 5, DubaiStatus
Off-planHandover Date
Q4 2028Property Types
1–3 Bedroom Apartments, 2-Bedroom Townhouses, 4–5 BedroomPayment Plan
70% during construction, 30% on handoverStarting Price AED 2.16M (approx.)
- Developer : EMAAR Properties
- Location : Rashid Yachts & Marina, Mina Rashid
- Status : Off-plan
- Handover Date : Q4 2025
- Property Types : 1–4 Bedroom Apartments, Penthouses
- Payment Plan : 80:20
- Starting Price : AED 1.3M (approx.)
Project Highlights
- Inspired by the vibrant yellow sapphire gemstone
- Designed in collaboration with luxury brand de GRISOGONO
- 57-storey high-rise with 626 units
- Panoramic views of Safa Park, the sea, and the Dubai skyline
- Branded interiors with premium finishes
- Exclusive amenities and wellness-focused facilities
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Location & Connectivity
- 5 mins to Downtown Dubai
- 10 mins to DIFC and Dubai Mall
- 15 mins to Dubai International Airport
- Nearby: Metro station, luxury retail, fine dining
Master Plan & Amenities
- Infinity pool and spa retreat
- Fitness center and cryotherapy pods
- Residents’ lounge and co-working spaces
- Children’s play areas and landscaped podium
Property Types & Floor Plans
| Type | Size Range | Bedrooms | Price Range (AED) |
|---|---|---|---|
Apartment |
813–2,500 |
1–3 BR |
2.16M–4.5M |
Penthouse |
4,000–9,437 |
4–5 BR |
6M–12M |
Townhouse |
1,500–2,000 |
2 BR |
3.5M–5M |
Full Floor |
9,437 |
5 BR |
20M+ |
Project video
Payment Plan Breakdown
Booking : 10%
During Construction : 70%
On Handover (Q4 2025) : 20%
Booking
%20
- Of the total price
During Construction
%50
- Of the total price
On Handover (Q1 2029)
%30
- Of the total price
Investment Potential
Rental Yield
Estimated 6–8% annually
Capital Appreciation
High due to waterfront location
Golden Visa Eligibility
Yes (AED 2M+ investment)
Freehold Ownership
Available for all nationalities
Rental Yield
Estimated 6–8% annually
Capital Appreciation
High due to waterfront location
Golden Visa Eligibility
Yes (AED 2M+ investment)
Freehold Ownership
Available for all nationalities
Developer Profile
DAMAC Properties
DAMAC Properties is a pioneer in branded luxury living, delivering iconic towers across Dubai. The Sapphire is their flagship branded high-rise on Sheikh Zayed Road, combining wellness, design, and investment value.
FAQs
Is DAMAC The Sapphire freehold?
Yes, it’s located in a freehold zone open to all nationalities.
Can I get a mortgage?
Yes, UAE banks offer financing for both residents and non-residents.
Is the project RERA-approved?
Yes, all payments are secured via escrow accounts.
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More details about the project
This is a short introduction to the project, giving a quick overview of the main idea and purpose.