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The Sapphire (DAMAC City 2)

Al Wasl, Dubai, UAE

DAMAC PropertiesDeveloperDAMAC PropertiesView developer profile

DLD Waiver

Discount

Handover

Q1 2029

Post Handover

Payment Plan

70%
30%

20% down

Starting price

AED 2,160,000

70/30 · 20% down

About The Sapphire (DAMAC City 2)

Introducing The Sapphire at Sheikh Zayed Road by Damac Properties – a testament to luxury living in the heart of Dubai’s bustling metropolis. Rising majestically, this high-rise tower stands as a beacon of architectural excellence, offering a selection of meticulously crafted residences including 1, 2, and 3-bedroom apartments, townhouses, and exclusive penthouses.Strategically positioned along Sh…

Project documents

Brochures

Not available yet

Floor plans

Not available yet

Master plans

Not available yet

Payment schedule

20/50/30 Payment Plan

Deposit
20%
During construction
50%
On handover
30%
Post-handover
0%

Market Intelligence

Completed transactions in Al Wasl

Median sale price/sqft

AED 2,772/sqft+17.2%

Median sale price

AED 3,437,500

Gross rental yield

5.1%

Median annual rent

AED 175,000

Median price/sqft over time

Jan 24Range AED 2,150 – AED 3,164Dec 24

Community activity

LiquidityStrongPrice momentumRising

1,800 sales and 2,265 rentals in the last 12 months

Primary vs resale

Primary 74.7%Resale 25.3%

Recent transactions

DateBuildingBedsAreaPriceAED/sqft
2024-12-30Laurel1753 sqftAED 1,900,0002,524
2024-12-30Building 921,762 sqftAED 4,000,0002,270
2024-12-30Laurel1753 sqftAED 1,900,0002,524
2024-12-30Building 921,762 sqftAED 4,000,0002,270
2024-12-26Safa One Tower A21,234 sqftAED 2,540,1602,058
2024-12-26Canal Front Residences 821,526 sqftAED 4,200,0002,752

Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.

Request the full payment plan for The Sapphire (DAMAC City 2)

Our team will send you the complete payment schedule, floor plans and current offer from DAMAC Properties.

  • Full payment plan + down payment
  • Available unit types and launch prices
  • Early-bird offers before public launch
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Down Payment

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Down Payment

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Frequently asked questions about The Sapphire (DAMAC City 2)

What is the handover date for The Sapphire (DAMAC City 2)?
The Sapphire (DAMAC City 2) is scheduled for handover in Q1 2029.
What is the starting price of The Sapphire (DAMAC City 2)?
Prices start from AED 2,160,000. Contact our team for current availability.
Who is the developer of The Sapphire (DAMAC City 2)?
The Sapphire (DAMAC City 2) is being developed by DAMAC Properties.
Where is The Sapphire (DAMAC City 2) located?
The Sapphire (DAMAC City 2) is located in Al Wasl, Dubai, UAE.