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The Sapphire is a luxury residential development by DAMAC Properties located alongside Safa Park on Sheikh Zayed Road, one of Dubai’s most prestigious residential and business corridors. Created in collaboration with the renowned Swiss luxury jewellery brand de GRISOGONO, the project offers an exclusive collection of 1, 2, and 3-bedroom apartments together with premium townhouses and ultra-luxury 4 and 5-bedroom penthouses. Combining contemporary architecture, branded interiors, and panoramic views of Safa Park, Dubai Water Canal, Business Bay, and the Dubai skyline, The Sapphire delivers a distinctive lifestyle in the heart of the city.
Designed to combine luxury with everyday comfort, the residences feature spacious open-plan layouts, floor-to-ceiling glazing, premium natural materials, bespoke finishes, and elegant interiors inspired by precious gemstones. Homes range from 813 sq ft (75 m²) to 9,437 sq ft (877 m²), with selected residences offering expansive terraces, private outdoor spaces, and spectacular views of the Arabian Gulf, Safa Park, and Downtown Dubai. Every residence has been carefully designed to maximise natural light while creating refined living spaces suitable for both homeowners and long-term investors.
Residents enjoy an extensive collection of resort-style amenities, including an infinity pool, floating bar, wellness spa, fitness centre, landscaped tropical gardens, rooftop viewing terraces, co-working spaces, observation decks, and a variety of leisure facilities designed for relaxation and social living. Located just minutes from Downtown Dubai, Business Bay, Dubai Mall, and Dubai Water Canal, The Sapphire combines an exceptional central location with freehold ownership, a flexible 20/50/30 payment plan, and expected completion in Q1 2029, making it one of DAMAC’s most attractive branded residential developments for both lifestyle buyers and property investors.
| Project Name | The Sapphire |
| Developer | DAMAC Properties |
| Design Partner | de GRISOGONO |
| Location | Safa Park, Sheikh Zayed Road, Dubai |
| Property Type | Apartments, Townhouses & Penthouses |
| Bedrooms | 1–5 Bedrooms |
| Residence Sizes | 813–9,437 sq ft (75–877 m²) |
| Starting Price | From AED 2.05 Million |
| Payment Plan | 20% Booking • 50% During Construction • 30% On Handover |
| Expected Completion | Q1 2029 |
| Ownership | Freehold |
| Lifestyle | Branded Luxury Residences overlooking Safa Park & Dubai Water Canal |
The Sapphire presents an exclusive collection of luxury residences developed by DAMAC Properties in collaboration with the renowned luxury jewellery brand de GRISOGONO. The development offers beautifully designed 1, 2, and 3-bedroom apartments, together with a limited collection of spectacular 4 and 5-bedroom penthouses. Residences range from 813 sq ft (75 m²) to 9,437 sq ft (877 m²), providing exceptional options for homeowners, investors, and buyers seeking premium waterfront living in the heart of Dubai.
Every residence has been designed to combine elegant contemporary architecture with refined luxury finishes. Spacious open-plan layouts, high ceilings, premium kitchens, marble-inspired flooring, and floor-to-ceiling glazing create bright living spaces filled with natural light. Inspired by the brilliance of precious gemstones, the interiors feature warm neutral tones complemented by sophisticated sapphire accents, reflecting the signature design language created with de GRISOGONO.
Expansive windows frame spectacular panoramic views of Safa Park, Dubai Water Canal, Business Bay, Downtown Dubai, and the Dubai skyline. Selected residences also enjoy private terraces, exclusive outdoor living areas, and premium penthouse layouts designed for luxury entertaining. Combining exceptional design, iconic views, and one of Dubai’s most prestigious locations, The Sapphire delivers a residential experience unlike any other.
| Residence Type | Area (From) | Price (From) |
|---|---|---|
| 1-Bedroom Apartments | From 813 sq ft (75 m²) | $560,000 (AED 2,050,000) |
| 2-Bedroom Apartments | From 1,270 sq ft (118 m²) | $860,000 (AED 2,965,000) |
| 3-Bedroom Apartments | From 2,163 sq ft (201 m²) | $1,390,000 (AED 5,100,000) |
| 4-Bedroom Penthouses | From 9,372 sq ft (871 m²) | $14,500,000 (AED 53,200,000) |
| 5-Bedroom Penthouses | From 9,437 sq ft (877 m²) | Upon Request |
Flexible Construction-Linked Payment Plan Designed for Buyers
20%
50%
30%
The Sapphire is located alongside Safa Park on Sheikh Zayed Road, one of Dubai’s most prestigious residential and business corridors. Positioned between Business Bay, Downtown Dubai, and the Dubai Water Canal, the development offers residents an exceptional combination of urban convenience, waterfront living, and direct access to some of the city’s most iconic destinations. This prime location places world-class business, shopping, dining, and entertainment within just a few minutes of home.
Residents enjoy the unique advantage of living beside one of Dubai’s largest public parks while remaining connected to the city’s vibrant commercial centre. Safa Park provides extensive green spaces, walking and cycling paths, recreational facilities, and panoramic views across the Dubai skyline, creating a peaceful natural setting rarely found in such a central location. The neighbouring Dubai Water Canal further enhances the lifestyle with scenic waterfront promenades, leisure activities, and spectacular city views.
Excellent transport connections via Sheikh Zayed Road ensure fast access to every part of Dubai. Downtown Dubai, Business Bay, DIFC, City Walk, Jumeirah Beach, Dubai Mall, and Dubai International Airport are all within a short drive, making The Sapphire an ideal address for both homeowners and investors seeking premium real estate in one of Dubai’s most connected and desirable locations.
The Sapphire enjoys one of Dubai’s most prestigious addresses, positioned along Sheikh Zayed Road between Downtown Dubai and Business Bay, directly opposite the lush greenery of Safa Park. This prime location combines outstanding city connectivity with beautiful waterfront surroundings, offering residents immediate access to Dubai’s leading business districts, luxury shopping destinations, entertainment venues, and leisure attractions.
Residents are only minutes away from many of the city’s most iconic landmarks. Burj Khalifa, Dubai Mall, Dubai Opera, and the famous Dubai Fountain can all be reached in approximately 7–10 minutes, while the Dubai Water Canal promenade is within walking distance. The surrounding area is home to Michelin-starred restaurants, luxury hotels, premium retail, international schools, healthcare facilities, and a wide selection of lifestyle amenities, creating an exceptional urban living environment.
The development also benefits from excellent transport infrastructure. Sheikh Zayed Road provides fast connections across Dubai, while Dubai International Airport, Al Maktoum International Airport, Palm Jumeirah, Dubai Marina, City Walk, and Jumeirah Beach are all easily accessible by car. This combination of central location, outstanding infrastructure, and premium lifestyle destinations makes The Sapphire one of the city’s most attractive luxury residential addresses.
The Sapphire represents one of Dubai’s most compelling branded residential investment opportunities, combining a prestigious Sheikh Zayed Road address with luxury design, world-class amenities, and the trusted reputation of DAMAC Properties. Positioned alongside Safa Park and Dubai Water Canal, the development offers exceptional lifestyle appeal while benefiting from strong long-term demand for premium residences in one of the city’s most established locations.
With freehold ownership, a flexible 20/50/30 construction-linked payment plan, branded interiors by de GRISOGONO, and expected completion in Q1 2029, The Sapphire is designed for both homeowners and investors seeking capital appreciation, rental income, and long-term value in Dubai’s luxury property market.
The Sapphire showcases distinctive contemporary architecture inspired by the brilliance of precious gemstones and created in collaboration with the renowned Swiss luxury jewellery brand de GRISOGONO. Rising above Safa Park, the elegant residential tower combines refined proportions, shimmering glass façades, and premium architectural detailing to create one of the most recognisable landmarks overlooking Sheikh Zayed Road and Dubai Water Canal. Its sophisticated design blends luxury, innovation, and timeless elegance while complementing Dubai’s iconic skyline.
The exterior is defined by floor-to-ceiling glazing, clean architectural lines, spacious terraces, and carefully selected premium materials that maximise natural light and uninterrupted panoramic views. Inspired by the brilliance of sapphire, the façade combines reflective glass surfaces with elegant white architectural accents, creating a contemporary aesthetic that remains refined both day and night. Every residence has been positioned to capture spectacular views of Safa Park, Dubai Water Canal, Business Bay, Downtown Dubai, and the Arabian Gulf.
The architectural concept extends seamlessly into the interiors, where de GRISOGONO has introduced a distinctive design language inspired by fine jewellery and contemporary luxury. Premium natural materials, bespoke finishes, elegant textures, and carefully curated details create sophisticated living spaces that balance comfort with exclusivity. Together, the architecture and interior design establish The Sapphire as one of Dubai’s most distinctive branded residential developments.
The lobby at The Sapphire has been designed as an elegant arrival space that reflects the project’s signature luxury identity. Double-height ceilings, premium materials, sophisticated lighting, and carefully selected finishes create an impressive first impression while maintaining a warm and welcoming atmosphere. Inspired by the brilliance of precious gemstones, the interiors combine refined contemporary design with subtle decorative accents that echo the tower’s collaboration with de GRISOGONO.
Every detail has been carefully considered to provide residents and guests with a premium hospitality experience from the moment they enter the building. Natural stone finishes, designer furnishings, elegant textures, and bespoke lighting create a calm yet luxurious environment that complements the architecture of the residences above. The spacious reception area is attended by professional concierge services, delivering privacy, comfort, and exceptional service every day.
Comfortable lounge spaces provide the perfect setting for informal meetings, relaxing with a coffee, or welcoming visitors in an elegant environment. Combining luxury hotel aesthetics with the exclusivity of a private residential tower, the lobby establishes the sophisticated atmosphere that defines life at The Sapphire from the very first step inside.
The Sapphire offers an exceptional collection of luxury amenities inspired by wellness, relaxation, and resort-style living. Every facility has been thoughtfully integrated into the development to create a sophisticated lifestyle where residents can enjoy recreation, fitness, entertainment, and premium hospitality without leaving the building. From panoramic swimming pools and landscaped gardens to wellness spaces and exclusive social areas, every detail reflects DAMAC’s commitment to luxury living.
The development’s signature “Golden Collection” of amenities combines iconic architectural features with practical everyday conveniences. Residents benefit from world-class leisure facilities, elegant outdoor spaces, state-of-the-art fitness amenities, and exclusive lifestyle experiences designed in collaboration with de GRISOGONO. Whether enjoying spectacular skyline views, relaxing in the spa, or working remotely from premium co-working spaces, every environment has been designed to elevate daily life.
The project is developed by Damac Properties, a leading real estate developer in Dubai since 2002.
The project is scheduled for completion in the first quarter of 2029.
You can choose from 1-3 bedroom apartments, podium-level townhouses, or penthouses.
The skyscraper features an infinity pool, floating bar, beach area, 24-hour fitness center, spa, landscaped roof garden, canary park, and an observation deck, among many other unique amenities.
The project is centrally located in Downtown Dubai, adjacent to Safa Park and the Dubai Water Canal.
Prices for property in the project start at $560,000.
The project offers a convenient 20/50/30 interest-free installment plan.
The average rental yield in Dubai ranges from 3-6% annually, with property value increases averaging 13.5% in 2022. This offers lucrative passive income and future profits.
