Skip to content

Off-plan building · Parshwa Holdings

Sapphire, Palm Jumeirah

Highlights

Sapphire at a glance

About Sapphire

Sapphire is a mixed-use building in Palm Jumeirah, Dubai, developed by Parshwa Holdings. It holds about 111 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units.

It is under construction, 62% complete, with handover planned for 2026. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 1,119 per sq ft.

Sapphire is one of 148 buildings in Palm Jumeirah: 88 are complete and 22 are still being built.

The Sapphire is a stunning apartment complex developed by DAMAC Properties and de Grisogono. Ideally situated between Safa Park and Sheikh Zayed Road, The Sapphire offers a unique lifestyle with unparalleled convenience.

Inspired by yellow sapphires, this brilliant 57-story project features exquisitely designed "luxury" apartments with one to three bedrooms, 2-bedroom podium townhouses, and 4-bedroom duplex penthouses with five to seven bedrooms, dubbed "super-luxury." For interested investors, there are also complete floors available for purchase.

In a nutshell

  • A mixed-use off-plan building
  • Located in Palm Jumeirah, Dubai
  • Developed by Parshwa Holdings
  • Completed in Q4 2026
  • Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
  • Sizes from 60 to 5,250 sq ft
  • Features: Children's Pool, Covered Parking, Shared Pool
  • Service charge from AED 7.4 per sq ft
  • Nakheel metro station 3.4 km away
Status
Off-plan
Developer
Parshwa Holdings
Location
Palm Jumeirah, Dubai
Handover
Q4 2026
Construction
62%
Unit types
1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
Prices from
AED 1.5M
Median price per sq ft
AED 1,119
Median gross yield
9.9%
Service charge
AED 19.32 per sq ft (2017)
Nearest metro
Palm Jumeirah, 2.3 km

Photos of Sapphire

Building details

Inside Sapphire

Facilities in Sapphire

Sapphire lists 3 features and facilities for its residents.

  • Children's Pool
  • Covered Parking
  • Shared Pool

Properties in Sapphire

1-bedroom apartments in Sapphire

There are about 34 of these in Sapphire, from 1,300 to 1,870 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in Sapphire

There are about 30 of these in Sapphire, from 1,680 to 2,410 sq ft. None has sold recently enough to quote a price.

3-bedroom apartments in Sapphire

There are about 26 of these in Sapphire, from 2,260 to 2,390 sq ft. None has sold recently enough to quote a price.

4-bedroom apartments in Sapphire

There are about 2 of these in Sapphire, from 5,220 to 5,250 sq ft. None has sold recently enough to quote a price.

Commercial units in Sapphire

There are about 19 of these in Sapphire, from 60 to 1,000 sq ft. None has sold recently enough to quote a price.

Unit types in Sapphire with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed341,300 sqft120.8 sqmt – 1,870 sqft173.7 sqmtNo recent salesAED 160K
2 Beds301,680 sqft156.1 sqmt – 2,410 sqft223.9 sqmtNo recent salesAED 230.5K
3 Beds262,260 sqft210 sqmt – 2,390 sqft222 sqmtNo recent salesAED 290K
4 Beds25,220 sqft485 sqmt – 5,250 sqft487.7 sqmtNo recent sales–
Commercial1960 sqft5.6 sqmt – 1,000 sqft92.9 sqmtNo recent sales–

Recent transactions in Sapphire

  • Sapphire

    Palm Jumeirah

    AED 2.2M

    AED 1,255 /sqftAED 13,509 /sqmt

    Off-planApartment
    1,717 sqft159.5 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 2.2M

    AED 1,263 /sqftAED 13,595 /sqmt

    Off-planApartment
    1,717 sqft159.5 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.6M

    AED 1,192 /sqftAED 12,831 /sqmt

    Off-planApartment
    1,358 sqft126.2 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.8M

    AED 1,355 /sqftAED 14,585 /sqmt

    Off-planApartment
    1,332 sqft123.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,119 /sqftAED 12,045 /sqmt

    Off-planApartment
    1,296 sqft120.4 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,116 /sqftAED 12,013 /sqmt

    Off-planApartment
    1,299 sqft120.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,119 /sqftAED 12,045 /sqmt

    Off-planApartment
    1,296 sqft120.4 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,116 /sqftAED 12,013 /sqmt

    Off-planApartment
    1,299 sqft120.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,108 /sqftAED 11,926 /sqmt

    Off-planApartment
    1,309 sqft121.6 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,119 /sqftAED 12,045 /sqmt

    Off-planApartment
    1,296 sqft120.4 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,116 /sqftAED 12,013 /sqmt

    Off-planApartment
    1,299 sqft120.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,116 /sqftAED 12,013 /sqmt

    Off-planApartment
    1,299 sqft120.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,119 /sqftAED 12,045 /sqmt

    Off-planApartment
    1,296 sqft120.4 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,116 /sqftAED 12,013 /sqmt

    Off-planApartment
    1,299 sqft120.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,119 /sqftAED 12,045 /sqmt

    Off-planApartment
    1,296 sqft120.4 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,116 /sqftAED 12,013 /sqmt

    Off-planApartment
    1,299 sqft120.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,119 /sqftAED 12,045 /sqmt

    Off-planApartment
    1,296 sqft120.4 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 1.5M

    AED 1,116 /sqftAED 12,013 /sqmt

    Off-planApartment
    1,299 sqft120.7 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 2.1M

    AED 1,143 /sqftAED 12,303 /sqmt

    Off-planApartment
    1,849 sqft171.8 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 2.7M

    AED 1,466 /sqftAED 15,780 /sqmt

    Off-planApartment
    1,869 sqft173.6 sqmt1 BedDeveloper1 Mar 2009

  • Sapphire

    Palm Jumeirah

    AED 280K/yr

    ApartmentRenewal
    2,265 sqft210.4 sqmt3 Bedsto

  • Sapphire

    Palm Jumeirah

    AED 165K/yr

    ApartmentNew contract
    1,296 sqft120.4 sqmt1 Bedto

  • Sapphire

    Palm Jumeirah

    AED 235K/yr

    ApartmentRenewal
    1,677 sqft155.8 sqmt2 Bedsto

  • Sapphire

    Palm Jumeirah

    AED 165K/yr

    ApartmentNew contract
    1,299 sqft120.7 sqmt1 Bedto

  • Sapphire

    Palm Jumeirah

    AED 300K/yr

    ApartmentRenewal
    2,392 sqft222.2 sqmt3 Bedsto

  • Sapphire

    Palm Jumeirah

    AED 155K/yr

    ApartmentNew contract
    1,309 sqft121.6 sqmt1 Bedto

  • Sapphire

    Palm Jumeirah

    AED 226K/yr

    ApartmentRenewal
    1,899 sqft176.4 sqmt2 Bedsto

  • Sapphire

    Palm Jumeirah

    AED 130.1K/yr

    ApartmentRenewal
    1,332 sqft123.7 sqmt1 Bedto

  • Sapphire

    Palm Jumeirah

    AED 160K/yr

    ApartmentRenewal
    1,296 sqft120.4 sqmt1 Bedto

Every sale in SapphireEvery rent contract in Sapphire

Service charges in Sapphire

The 2017 service charge in Sapphire is AED 7.4 per sq ft for hotel, AED 19.32 per sq ft for homes, AED 22.44 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Sapphire
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2017)AED 19.321,300 sqft120.8 sqmt – 1,870 sqft173.7 sqmtAED 25,116 – AED 36,128
2 Beds Apartment (2017)AED 19.321,680 sqft156.1 sqmt – 2,410 sqft223.9 sqmtAED 32,458 – AED 46,561
3 Beds Apartment (2017)AED 19.322,260 sqft210 sqmt – 2,390 sqft222 sqmtAED 43,663 – AED 46,175
4 Beds Apartment (2017)AED 19.325,220 sqft485 sqmt – 5,250 sqft487.7 sqmtAED 100,850 – AED 101,430
Retail (2017)AED 22.4460 sqft5.6 sqmt – 1,000 sqft92.9 sqmtAED 1,346 – AED 22,440

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Sapphire payment plan

How the developer's price is paid, in the order each instalment falls due.

  1. 1.Down Payment10%
  2. 2.During Construction50%
  3. 3.On Handover40%

Sapphire floor plans

  • Sapphire Studio Type A floor plan

    Studio, Type A

    398 sqft37 sqmt

  • Sapphire 1 bedroom Type A floor plan

    1 bedroom, Type A

    883 sqft82 sqmt

  • Sapphire 2 bedrooms Type A floor plan

    2 bedrooms, Type A

    1,152 sqft107 sqmt

  • Sapphire 3 bedrooms Type A floor plan

    3 bedrooms, Type A

    2,723 sqft253 sqmt

  • Sapphire 3 bedrooms Type B floor plan

    3 bedrooms, Type B

    1,518 sqft141 sqmt

Nearby amenities

Around Sapphire

Transportation near Sapphire

The nearest Dubai Metro station from Sapphire is Nakheel (red line, 3.4 km, about 9 min drive), then Dubai Internet City (red line, 3.6 km, about 9 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 2.3 km, about 7 min drive) and Knowledge Village (orange line, 2.4 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

  • Palm JumeirahOrange line · 2.3 km · about 7 min drive
  • Knowledge VillageOrange line · 2.4 km · about 7 min drive
  • Al SufuohOrange line · 2.5 km · about 7 min drive
  • Media CityOrange line · 2.6 km · about 7 min drive
  • Mina SeyahiOrange line · 2.8 km · about 8 min drive
  • Marina TowersOrange line · 3.3 km · about 9 min drive

Shopping and groceries near Sapphire

The closest is Limited retail along Shoreline Apartments, 0.8 km from Sapphire (about 10 min walk).

  • Limited retail along Shoreline ApartmentsShopping Mall · 0.8 km · about 10 min walk
  • The PointeShopping Mall · 2.3 km · about 7 min drive
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 3.3 km · about 9 min drive
  • Marina WalkShopping Mall · 3.5 km · about 9 min drive
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 4.2 km · about 10 min drive

Restaurants and hotels near Sapphire

The closest is The Residences, Palm Jumeirah, 0.4 km from Sapphire (about 5 min walk).

  • The Residences, Palm JumeirahHotel · 0.4 km · about 5 min walk
  • Lotus Hotel Apartments & Spa - MarinaHotel · 0.5 km · about 6 min walk
  • Marina View Deluxe Hotel ApartmentHotel · 0.5 km · about 6 min walk
  • Oceana, The Palm JumeirahHotel · 0.6 km · about 7 min walk
  • One&Only Royal MirageHotel · 2.3 km · about 7 min drive

Hospitals and clinics near Sapphire

The closest is Mediclinic - Al Sufouh, 2.6 km from Sapphire (about 7 min drive).

  • Mediclinic - Al SufouhHospital · 2.6 km · about 7 min drive
  • Cosmesurge & Emirates HospitalHospital · 3.3 km · about 9 min drive
  • Dr Marc Mueller VIP ClinicHospital · 3.4 km · about 9 min drive
  • Armada Medical CentreHospital · 4.5 km · about 11 min drive
  • Eternity Medicine Institute DubaiHospital · 4.7 km · about 11 min drive

Parks and leisure near Sapphire

The closest is JBR Beach, 4.3 km from Sapphire (about 11 min drive).

  • JBR BeachPark · 4.3 km · about 11 min drive

Schools near Sapphire

The nearest is Icademy Middle East Fz.Llc, 2.5 km away. Ratings are the KHDA's latest inspection grades.

  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 2.5 km
  • Dubai CollegeUK · KHDA: Outstanding · 2.9 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 3.2 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 4.2 km
  • GEMS Wellington International School - Dubai BranchUK - UK/IB - International Baccalaureate (1 · KHDA: Outstanding · 4.3 km
  • American School DubaiAmerican · KHDA: Good · 4.5 km

Other buildings in Palm Jumeirah

Palm Jumeirah has 148 buildings. A few others to compare Sapphire with:

All 148 Palm Jumeirah buildings →

Things to consider about Sapphire

In its favour

  • A median gross yield of 9.9% on recent sales.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 22.44 per sq ft are on the higher side for Dubai.
  • The nearest running metro station is 3.4 km away, so a car helps.
  • Still being built: the handover date can move, and the price is paid in stages before you get the keys.

Specialists

Brokers who know Sapphire

These brokers handle sales and lettings in Sapphire and can tell you what is available now.

FAQs

Sapphire: questions answered

Sapphire was developed by Parshwa Holdings in Palm Jumeirah.

Sapphire is due for handover in 15 Dec 2026, 62% built.

Across its 20 most recent registered sales, Sapphire sold for a median of AED 1,119 per sq ft and AED 1.5M per unit.

Recent yearly contracts in Sapphire have a median rent of AED 165.0K.

The median gross yield on recently sold units in Sapphire is 9.9%: the rent the unit earned over its purchase price, before costs.

The 2017 service charge for residential units in Sapphire is AED 19.32 per sq ft a year, as registered with the Dubai Land Department.

Sapphire has 1 Bed (1,300 to 1,870 sq ft), 2 Beds (1,680 to 2,410 sq ft), 3 Beds (2,260 to 2,390 sq ft), 4 Beds (5,220 to 5,250 sq ft), Commercial (60 to 1,000 sq ft).

Palm Jumeirah is about 2.3 km from Sapphire.

The nearest schools include Icademy Middle East Fz.Llc (2.5 km), Dubai College (2.9 km), The International School of Choueifat (3.2 km).

Buying, selling or renting in Sapphire?

A broker who works Palm Jumeirah will tell you what is available and what comparable homes went for.

Get a free valuation
Message us on WhatsApp