Sapphire Residence
About the project
(sq. ft.)
Sapphire Residence is a nine-storey residential complex located in Dubai Silicon Oasis, Dubai. Built in 2009, the project was developed by Deyaar Development PJSC, and the architectural design was implemented by LACASA Architects & Engineering Consultants.
Properties include one- to three-bedroom apartments that feature kitchens, fitted wardrobes, and a minimum of two bathrooms. Two- and three-bedroom apartments also have staff accommodations.
Residents can enjoy a variety of amenities, including:
- Ample parking
- Event space
- Gym
- Swimming pools for adults and children
- Steam rooms
- Separate saunas for men and women
- Outdoor seating area
- Garden
- Barbecue area
- High-speed lifts
- 24-hour security and CCTV
- 24-hour concierge services
Units range in size from 772 sq. ft. (72 sq. m) to 1,600 sq. ft. (149 sq. m), and prices range from AED 400,000 (USD 109,000) to AED 545,000 (USD 148,000).
*The price is valid for 2021
Property Information
- Location Dubai Silicon Oasis, Dubai, UAE
- Developer Deyaar
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR
- Area from 772 sq. ft.
Location
Sapphire Residence is located in a developed area. The nearest bus stop, Silicon Oasis Lake 2, can be reached within a 10-minute walk of the complex. Sumo Sushi & Bento, the Monk, and Oregano Restaurants are situated within a five-minute drive, and Al Madina Mart, Al Maya Supermarket, and Choithrams are located within a five-minute walk.
Dubai International Airport can be reached within a 25-minute drive of the residences. The Medicure Clinic is situated within a five-minute walk, and GEMS Wellington Academy can be reached within a 10-minute walk.
The complex is located within a 20-minute drive of several city attractions and entertainment venues, including:
- IMG Worlds of Adventure
- Desert Palm Polo Club
- Safari Park Dubai Safari Park
Payback
Dubai Silicon Oasis is a fast-growing area located along Emirates Road, one of Dubai’s main highways. From there, residents have easy access to other parts of the emirate, including the international airport and Jebel Ali Port.
Sapphire Residence offers real estate with a return on investment rate of approximately 6%. Annual rental rates range from AED 45,000 (USD 12,000) to AED 55,000 (USD 15,000), and the estimated payback period ranges from 14 to 18 years.
*The price is valid for 2021
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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