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Disruptive Real Estate

Jumeirah Village Circle

Sapphire 32

  • Apartments
  • Penthouses
Starting from
AED 644,485
Bedrooms
Studio–3 BR
Size
391–2,722 sqft
Payment plan
On request
Completion
23%
Available
On request
Handover
Q4 2026

About Sapphire 32

Contemporary Living in JVC

Sapphire 32 is a single residential tower rising G plus 27 floors above a five-level podium in Jumeirah Village Circle, one of Dubai's most searched-for mid-market communities for off-plan projects in Jumeirah Village Circle. The building holds 232 units across studio, 1, 2 and 3-bedroom layouts, with eight retail units at ground level and no commercial space within the residential tower itself.

The development sits on a plot of 1,950.98 square metres with a built-up area of 32,347 square metres, and includes 281 car parking spaces. This is DAK Real Estate's first residential project, positioned as an entry into the type of apartments in Jumeirah Village Circle that appeal to end-users and investors buying for rental yield alike.

Penthouse & Unit Mix

The top of the tower is reserved for a 3-bedroom penthouse with its own private swimming pool, positioned to take advantage of open city views above the surrounding low and mid-rise stock typical of the area. Below it, the building offers a straightforward mix of studio, 1, 2 and 3-bedroom apartments aimed at both owner-occupiers and buyers seeking rentable units in a community that continues to draw steady tenant demand.

The layout strategy keeps the ground floor retail-only, so residents deal with a purely residential lobby and circulation above the podium levels, which also house the amenity floors.

Amenities & Wellness Facilities

Sapphire 32 is fitted with both an internal fitness centre and an outdoor gym, alongside an adult swimming pool and a separate kids' pool and play area. A gaming room, co-work stations and a multipurpose hall extend the building's use beyond typical residential-only amenity sets, while a day care facility with certified staff gives resident families an on-site childcare option.

A prayer room rounds out the amenity list, reflecting a broader push by mid-market JVC developments to differentiate through facility depth rather than just unit finishes.

Investment Case in Jumeirah Village Circle

Jumeirah Village Circle has built a track record as a high-volume rental and resale market within Dubai, driven by comparatively accessible entry prices against a location with practical drive times to the coast and the city centre. For buyers evaluating Jumeirah Village Circle property investment, a project like Sapphire 32 offers the kind of small-format unit mix, studios through 3-bedroom apartments, that tends to move fastest on the secondary market.

As with any off-plan project still under construction, buyers should weigh the remaining build timeline against the current 22.76% completion status and the December 2026 handover target.

Key highlights

  • G+27 floors with 5 podium levels, a single tower of 232 apartments
  • Studio, 1, 2 and 3-bedroom units plus a private-pool 3-bedroom penthouse
  • 281 parking spaces on a 1,950.98 sqm plot with 32,347 sqm BUA
  • On-site day care, co-work stations and dual indoor/outdoor gyms
  • Handover targeted for December 2026, currently 22.76% complete
  • First residential development by DAK Real Estate

Why this project

  • First residential launch from DAK Real Estate, a full amenity floor plus a private-pool penthouse atop a G+27 JVC tower.

Amenities

  • Fitness centre
  • outdoor gym
  • swimming pool
  • kids pool and play area
  • gaming room
  • day care facility
  • co-work stations
  • multipurpose room
  • prayer room

Location

Connectivity Across Dubai

Sapphire 32 sits inside Jumeirah Village Circle, a community built around a central circular road network that links out to Sheikh Mohammed Bin Zayed Road and Al Khail Road. From the project, Palm Jumeirah is roughly a 15-minute drive, Burj Al Arab around 18 minutes, and Dubai Mall and The Walk at JBR both approximately 20 minutes.

Al Maktoum International Airport is about 30 minutes away, making the location workable for residents who split time between the new Dubai South aviation hub and the older Deira/Downtown corridor.

Neighbourhood Character

JVC has grown into a dense, family-oriented residential district known for parks, cycling paths and a large stock of mid-rise apartment towers, which keeps it firmly on buyers' shortlists when searching for properties for sale in Jumeirah Village Circle. The community mixes standalone villas with clusters of apartment buildings, giving Sapphire 32 a setting where retail, schools and recreational space are within a short drive rather than centralized in one district core.

Project information

Location
Jumeirah Village Circle
Handover
Q4 2026
Total units
232
RERA Escrow
Sharjah Islamic Bank
DLD Project #
2757

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

Sapphire 32 — handover progress

23%
LaunchOct 2023
Today3mo to handover
HandoverQ4 2026

Resale at Sapphire 32

11 transactions · last 12 months

Avg / sqft
AED 1,372
Avg price
AED 1,330,542
Year-on-year
+7.4%
Range
AED 644,485AED 2,098,145
By unit size
  • StudioAED 1,648/sqft1 sale
  • 1 BRAED 1,212/sqft5 sales
  • 2 BRAED 1,485/sqft4 sales
  • 3 BRAED 1,385/sqft1 sale

Jumeirah Village Circle market

studio · 3,874 sales analyzed

High activity
Avg / sqft
AED 1,697
Sales last 6 mo
1,136
Year-on-year
-1.4%
Off-plan vs ready
27.2% pricier
AED 1,816 vs 1,428
7.0%

Indicative gross yield

At the starting price of AED 644,485, typical rent for a studio in Jumeirah Village Circle (AED 45,000/year, ~AED 3,800/month) implies a 7.0% gross yield.

Based on 500 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Bedrooms available at Sapphire 32

Frequently asked questions about Sapphire 32

Where is Sapphire 32 located?

Sapphire 32 is located in Jumeirah Village Circle (JVC), Dubai, with drive times of around 15 minutes to Palm Jumeirah, 20 minutes to Dubai Mall and 30 minutes to Al Maktoum International Airport.

Who is developing Sapphire 32?

Sapphire 32 is developed by DAK Real Estate, marking the developer's first residential project.

What unit types are available at Sapphire 32?

The project offers studio, 1, 2 and 3-bedroom apartments, along with a single 3-bedroom penthouse featuring a private swimming pool.

When is Sapphire 32 expected to be handed over?

The project's stated completion date is December 15, 2026, with construction at approximately 22.76% as of the latest DLD update.

Is Jumeirah Village Circle a good area for property investment?

JVC is one of Dubai's highest-transacted communities for off-plan and resale apartments, favored for its relative affordability, central location and dense amenity base, which supports steady rental demand for projects like Sapphire 32.

How many units and parking spaces does Sapphire 32 have?

The tower comprises 232 apartments across G+27 floors with 5 podium levels, supported by 281 car parking spaces.

What amenities does Sapphire 32 offer residents?

Amenities include an indoor and outdoor gym, adult and kids' swimming pools, a gaming room, co-work stations, a day care facility, a multipurpose hall and a prayer room.

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