Sheikh Zayed Road
de GRISOGONO

The Sapphire by DAMAC Properties

License number: 202302934469
Project number: 20240000172071
AED 2,16M
Starting price  (USD 588K)
70/30
Payment Plan
Q1 2029
Handover
about project

Radiant Height by Radiant Real Estate

Map
Open
1-3
bedrooms
apartments
4-5
bedroom
duplex penthouses

A new dawn of urban luxury

Nestled alongside Sheikh Zayed Road, The Sapphire is a magnificent residential complex by DAMAC Properties in partnership with de GRISOGONO.

This 57-storey project was inspired by yellow sapphires and is made up of beautifully crafted 1-3 bedroom ‘luxury’ apartments, 2-bedroom podium townhouses and 4-5 bedroom ‘super-luxury’ duplex penthouses. There are also full floors available for interested investors to purchase.

Private resort-like pools

Radiant Height — is the epitome of modern design, using touches of glass to give the complex a magical sparkle.

Views of Dubai Canal and the Burj Khalifa

The tower stands at 42 stories tall and features an exceptional combination of luxury housing and unforgettable views of the Arabian Gulf. Take in the spectacular panoramic views of Abu Dhabi at the top of the tower.

Branded residences

The apartments will be fitted with elegant tiles and lights by Villeroy and Boch, Hansgrohe and RAK, and the kitchens will be fully equipped with appliances from various global brands.

Experience luxury that speaks to your soul

Infinity pool with changing colours

Dive into an oasis of infinite luxury in the swimming pool that overlooks the bustling metropolis. Enjoy a splash of colour under the night sky, as the pool features a mesmerising light show.

Sunflower Garden

Get yourself set up for the day at the magnificent Sunflower Garden with a coworking space that is sure to inspire creativity and innovation.

Canary Garden

Revel in the harmonic sounds of the Canary Garden, which offers a serene retreat from the city’s fast pace.

Spa

Feel profound bliss and inner peace at the spa, where each treatment is crafted to meet your individual needs.

TYPES OF REAL ESTATE
Starting price
Area
Free consultation from Sales Team

Our specialists will advise you on the best luxury real estate investment opportunities and ensure maximum benefits from your transaction.

Thank you! Your submission has been received!
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Free consultation from Sales Team

Our specialists will advise you on the best luxury real estate investment opportunities and ensure maximum benefits from your transaction.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
About the developer
20 years
of experience

DAMAC Properties — over 20 years of experience

PMR Property’s portfolio boasts such projects as Red Sea Airport, 425 Park Avenue and the Apple concept stores and offices.

The development company responsible for The Sapphire is DAMAC Properties, which has been at the forefront of the Middle East’s luxury real estate market since 2002. The developer offers investors the opportunity to purchase full floors in The Sapphire at a 2% discount.

Altitude de GRISOGONO

Umluj, Tabuk, Saudi Arabia

Cavalli Estates

Cupertino, California, USA

Impeccable design

Manhattan, New York City, USA
About Al Safa

Al Safa — a dynamic neighbourhood

Jumeirah Beach

10 minutes

Ras Al Khor Wildlife Sanctuary

10 minutes

Downtown Dubai

15 minutes
Key features of Al Safa
Key highway nearby

The Sapphire boasts a convenient location alongside Sheikh Zayed Road, thanks to which residents will have easy and hassle-free commutes to and from the key destinations of the emirate. As a result, Dubai International Airport can be reached in a 25-minute drive.

Commercial hubs

The complex is located within the close proximity to several commercial hubs, allowing residents to tap into a multitude of business opportunities. They include Business Bay, DIFC and DWTC.

Iconic attractions

Residents of The Sapphire can easily reach a plethora of iconic landmarks and attractions, including the Dubai Fountain, Dubai Opera and the Burj Khalifa.

Economic attractiveness
Golden Visa

for 10 years

An excellent choice for business professionals and families with children

The Sapphire will be in demand for both short and long-term rentals thanks to its convenient location in the vibrant district of Al Safa with fast access to Business Bay and Downtown Dubai.

By purchasing a property in The Sapphire, you will become eligible for a 10-year Golden visa, provided the total investment amount meets or exceeds AED 2,000,000 (USD 545,000).

5000$
4500$
4000$
3500$
3000$
Dubai Cost per sq. meters in a new building in in 2021
Cost per sq. meters in a new building in Dubai in 2023
>6%

ROI 5–6% or more

3000$
3500$
4000$
4500$
5000$
Cost per sq. meters in a new building in Dubai in 2021
Cost per sq. meters in a new building in Dubai in 2023
The cost of off-plan real estate in Dubai in April 2023. Source: Dubai Land Department
Types of Apartments:
Почему подходит?
For rent
7-10% yield

The Downtown Dubai area is popular among tourists and professionals alike due to its convenient central location. Apartments in Volta can be rented for both long-term and short-term periods, with rental yields of around 7% annually, or even higher for short-term rentals, reaching up to 10%.

For resale
Pay 20% for
booking

You can purchase property in Volta with the developer's payment plan. In this case, the deposit is 24% of the purchase price of the apartment. You then make 56% of the remaining payments in installments during construction, and the final 20% upon completion. Buying real estate this way is more advantageous as property prices during construction are lower than upon completion.

For living
2-year
residency visa

The area is suitable for those who enjoy an active urban lifestyle. Nearby, you'll find shops, business centers, cafes, restaurants, and other entertainment venues. Many businessmen and freelancers reside here, and occasionally so do families with children.When purchasing property in Volta, you can obtain a 2-year residency visa. This visa allows you to obtain an Emirates ID, legally stay in the emirate for an extended period, and open an account with a local bank. These rules apply to family members as well.

Interest-free installments with an 60/40 payment plan from the developer

Register your Interest
20%
for booking
40%
during
construction
40%
under
construction
ABOUT THE COMPANY:

We can assist you with buying, selling, or renting your desired real estate

Our company's specialists provide property management services and assist with obtaining residency in the UAE.

We offer individual consultations on investment strategy

To ensure you get the maximum benefit from selling your property. Our collaborative efforts with major banks in the emirate allows us to find favorable conditions for obtaining mortgages in Dubai.

15 years
Working with real estate since 2008
120
thousands
Сlients and the Real Estate market
Top-5
2023
Best Performing Agencies
>700
agents
Who specialize in your target area
Free consultation from Sales Team

Our specialists will advise you on the best luxury real estate investment opportunities and ensure maximum benefits from your transaction.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.