Sapphire 32 is a residential project by Dar Al Karama Real Estate in JVC District 12, Dubai, with prices from AED 500 000, handover Q4 2026, construction 62.3% complete per the DLD registry, 232 units.
Layouts and sizes
| Type | Units | Size, sq.ft |
|---|---|---|
| Studio | 59 | 390–398 |
| 1 Bedroom | 110 | 481–951 |
| 2 Bedroom | 42 | 874–1 277 |
| 3 Bedroom | 13 | 1 515–2 722 |
| NA | 8 | 473–1 130 |
All units are freehold. Data from the DLD registry.
Payment plan 60/40
- Down payment10%
- During construction50%
- On handover40%
Construction progress
- StatusActive
- Construction started2023-10-01
- HandoverQ4 2026
- Status date10.07.2026
- Escrow bankSharjah Islamic Bank
- DLD project number2757
Data from the Dubai Land Department project registry (updated 11.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Dar Al Karama Real Estate · District: JVC District 12
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 09.07.2026 | 1 BR | 80.9 | 1 026 798 |
| 09.04.2026 | Studio | 36.4 | 644 485 |
| 05.03.2026 | 2 BR | 107.6 | 1 956 094 |
| 24.02.2026 | 1 BR | 73.3 | 946 147 |
| 24.02.2026 | 1 BR | 73.3 | 946 147 |
| 24.02.2026 | 1 BR | 73.3 | 1 038 314 |
| 24.02.2026 | 1 BR | 80.9 | 1 017 671 |
| 02.02.2026 | 2 BR | 110.6 | 2 000 000 |
| 22.10.2025 | 3 BR | 140.8 | 2 098 145 |
| 14.10.2025 | 2 BR | 107.3 | 1 516 336 |
| 14.10.2025 | 2 BR | 107.3 | 1 445 821 |
| 23.07.2025 | 3 BR | 222.9 | 2 820 891 |
| 03.06.2025 | 3 BR | 252.9 | 3 794 421 |
| 02.06.2025 | 2 BR | 118.6 | 1 639 586 |
| 08.05.2025 | 1 BR | 69.0 | 956 000 |
| 10.03.2025 | 2 BR | 81.2 | 1 100 000 |
| 06.03.2025 | 1 BR | 73.3 | 992 777 |
| 05.03.2025 | 1 BR | 73.8 | 974 836 |
| 04.03.2025 | 1 BR | 72.0 | 968 089 |
| 03.02.2025 | 2 BR | 112.4 | 1 516 964 |
Dubai Land Department transaction registry, updated 2026-08-11. Explore Dubai property transactions →
Amenities
- Fitness centre
- Outdoor gym
- Swimming pool
- Kids pool
- Kids play area
- Gaming space
- Daycare facility
- Co-work stations
- Multipurpose room
Places nearby
About the project
Sapphire 32 is a 232-unit residential development by Dar Al Karama Real Estate in JVC District 12, within Jumeirah Village Circle. The project comprises five podium levels and 27 residential floors, with studios, one-, two- and three-bedroom apartments. It is active, with a reported completion ratio of 62.28%, and handover is scheduled for Q4 2026.
Project structure and current progress
Sapphire 32 is arranged across five podium levels and 27 residential floors. The development has one building and 232 units in total. Eight retail shops are located on the ground floor, while the residential accommodation occupies the tower. The project site has a total area of 17,111.29 square metres. Construction started on 1 October 2023, and the recorded completion date is 15 December 2026. The project is active and had reached 62.28% completion at its latest reported update. The development includes 281 car spaces, creating dedicated capacity within the building for residents and visitors.
Apartments and penthouse accommodation
The residential collection at Sapphire 32 includes studios, one-bedroom, two-bedroom and three-bedroom apartments. The development also includes a three-bedroom penthouse with a private swimming pool. This penthouse is positioned as part of the project’s three-bedroom offering rather than as a separate building type. Across the development, the 232-unit total covers the listed studio through three-bedroom apartment range. The building’s 27 residential floors sit above the five podium levels, with the ground-floor retail shops forming part of the overall project layout. Sapphire 32 is designed as a single-building residential development in JVC District 12.
Wellness, family and work facilities
Sapphire 32 includes an adult swimming pool and a separate kids’ swimming pool. Its fitness facilities comprise a fitness centre, an internal gym and an outdoor gym. For children, the project provides a kids’ play area, a daycare facility and a gaming space. The daycare facility is located on site. Shared social and practical spaces include co-work stations, a multipurpose room, a multipurpose hall and a prayer room. These facilities combine recreational, fitness, childcare and work-focused areas within the development. The project’s amenity programme also includes a dedicated kids’ pool alongside the adult pool, separating the two swimming facilities.
JVC District 12 location
Sapphire 32 is located in JVC District 12, a residential subdistrict within Jumeirah Village Circle in Dubai. Ghaf Park is 0.1 km away, Yas Park is 0.2 km away and Sabat Park is 0.3 km away. Cinepolis at Circle Mall is 1.3 km from the project, while The Els Golf Club is 2.1 km away and Reel Cinemas at The Springs Souk is 2.2 km away. Dubai Miracle Garden is 3.5 km away, Montgomerie Golf Course is 3.6 km away and Jumeirah Golf Estates Golf Course is 4.0 km away. The location is also stated as 15 minutes from Palm Jumeirah, 18 minutes from Burj Al Arab, 20 minutes from Dubai Mall and The Walk JBR, and 30 minutes from Al Maktoum International Airport.
Payment plan and handover
Sapphire 32 is offered with a 60/40 payment plan. The plan requires a 10% down payment on booking, followed by 50% during construction and the remaining 40% on handover. The scheduled handover period is Q4 2026, with the recorded project completion date set for 15 December 2026. The payment structure allocates 60% of the purchase price before completion, including the booking payment, and 40% at handover. The stated starting price for Sapphire 32 is AED 500,000. This is a project-level starting price and applies alongside the listed studio to three-bedroom apartment collection.
Developer
Sapphire 32 is developed by Dar Al Karama Real Estate. The company was founded in 2023. Sapphire 32 is presented as the developer’s inaugural residential development. The project combines the developer’s studio, one-bedroom, two-bedroom and three-bedroom apartment offering in a single 27-residential-floor tower. Dar Al Karama Real Estate is the developer name associated with the project, including its active status, 232-unit count and December 2026 completion date. The development is located in JVC District 12 within the wider Jumeirah Village Circle community.
Registered transactions in Sapphire 32
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +4% over the same period, so the building matched it.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| Studio | 36 | 553 980 | 15 388 | 60 |
| 1 bedroom | 73 | 946 147 | 12 961 | 114 |
| 2 bedrooms | 105 | 1 445 821 | 13 770 | 40 |
| 3 bedrooms | 177 | 2 518 234 | 14 227 | 10 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
How the price per square metre moved
From 2024 to 2026 — +3% on the price per square metre in this building. The district moved +10% over the same period, so the building lagged the market.
Top to bottom: purchase price per m², year, annual rent per m², gross yield.
All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.
* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
