Sapphire 32 by Dar Alkarama

1. Is it on schedule?62% built in June 2026 against a December 2026 handover: 38% left to build in 6 months · DLD inspection, 29 Jun 202662%Context
2. Is my money protected?Payments go to an escrow account at مصرف الشارقه الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,307/sqft, 17.0% below the Jumeirah Village Circle off-plan median across 154 projects-17.0%Context
4. Is it selling?12 off-plan sales registered in the last 12 months, of 224 units; the latest on 8 Sept 202612Context
5. Who is building it?Dar AL Karama, licence no. 1620Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

مصرف الشارقه الاسلامى

Developer, as licensed

DAR AL KARAMA REAL ESTATE L.L.C (no. 1620)

Master developer

Jumeirah Village

Registered start

October 2023

Configuration

Our project is located in JVC, it is a 5P and 27 residential floors with 8 retail shops in the ground floor without any commercials units in the tower, it has studios, 1 BR, 2 BR and 3 BR. Sapphire 32 has full amenities such as, internal and external gym, prayer room, multi-purpose hall, gaming room, co-work station, day care, kids playing area, kids swimming pool and adult swimming pool.

Construction progress is DLD’s inspection of 29 Jun 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Sapphire 32 by Dar Alkarama be completed?

The developer registered handover for December 2026, 6 months after DLD’s latest record, and the project was 62% built as of June 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 29 Jun 2026.

What does Sapphire 32 by Dar Alkarama cost per square foot?

AED 1,307 per sqft, the median of 12 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.03M. That is 17.0% below the Jumeirah Village Circle off-plan median across 154 projects.

Is Sapphire 32 by Dar Alkarama in escrow?

Yes: the Land Department register names مصرف الشارقه الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Sapphire 32 by Dar Alkarama?

DAR AL KARAMA REAL ESTATE L.L.C, licence no. 1620, by the register’s own licence number; the master developer that owns the land is Jumeirah Village. Dubai Land Department project register as of July 2026.

How many units does Sapphire 32 by Dar Alkarama have?

224 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.