Sapphire Residence
A 1 bed in Sapphire Residence costs a median AED 687,500, rents long-let for AED 57,000/yr (7.97% gross), and returns 8.39% short-let at the assumed 80% occupancy — -0.4 pts vs Dubai Silicon Oasis's 8.36% and +1.0 pts vs Dubai's 6.97% — from 12 sales and 32 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 6 in 12 months
- Rental contracts · 1 bed
- 16 in 12 months
- Buy
- 687,500AED
- AED 913/sqft
- Long-let
- 7.97%
- AED 57,000/yr
- Short-let
- 8.39%
- AED 287/night · 0.37/sqft
Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent July 2026.
Priced off the last 5 sales — most recent July 2026.
- Yield spread
- -0.4 pts
- vs the Dubai Silicon Oasis median for this unit type
- Turnover upside
- +8.6%
- new tenants pay more than sitting ones — 34 renewals
- AED/yr/sqft
- AED 73
- Sales
- 12
- Rental contracts
- 32
- Renewal rent
- AED 52,500/yr
- 12 months
- +13.4%
- 3 years
- +61.5%+17.3%/yr
Based on 12 sales and 32 rental contracts in the last 24 months.
Sapphire Residence is an apartment building in Dubai Silicon Oasis, Dubai. The nearest landmark IMG World Adventures. Land Department records for it run from 2015 to 2026, 194 registered sales in all — the 12 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Sapphire Residence, by year.
Chart data: Jan 2015, 846 AED/sqft; latest, Jul 2026, 925 AED/sqft; peak, Nov 2025, 977 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Dubai Silicon Oasis median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Sapphire Residence
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Sapphire Residence between 2009 and 2015 went for a median of AED 932/sqft (AED 1.01M). The same building resells today at AED 913/sqft (AED 750,000) — an uplift of -25.6%.
Based on 41 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
12 resales in the last 12 months, against 13 a year on average over 2023–2025.
Sales
3 resales in the last 3 months.
Rental contracts
9 contracts starting on or after 26 May 2026.
Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 8
- Flats
- 90
Nearby
- Landmark
- IMG World Adventures
Compare with nearby buildings
The most-traded buildings in Dubai Silicon Oasis, on the same figures over the same window.
- Highest rental yields in Dubai Silicon Oasis · Sapphire Residence places 33rd of 54
Common questions
- What is the rental yield in Sapphire Residence?
- Sapphire Residence returns 7.97% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 32 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Sapphire Residence cost?
- The median registered sale price is AED 687,500 (887 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Sapphire Residence selling for right now?
- Registered sales of ready units in Sapphire Residence over the last 12 months have a median of 913 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Sapphire Residence risen or fallen?
- Median price per square foot moved +13.4% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Sapphire Residence compare with Dubai Silicon Oasis?
- Its 7.97% gross yield sits -0.4 pts against the Dubai Silicon Oasis median of 8.36%, computed at the same bedroom grain over the same 24-month window.
Sapphire Residence sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 12 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/dubai-silicon-oasis/sapphire-residence
Cite as: Dubai Wealth Index. “Sapphire Residence sale prices and yield.” Dubai Silicon Oasis, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-silicon-oasis/sapphire-residence.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.