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Sapphire 32 by Dar Alkarama

by DAR AL KARAMA REAL ESTATE L.L.C·JUMEIRAH VILLAGE CIRCLEResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction

Construction Progress22.8%

Project Start

Oct 1, 2023

Expected Handover

N/A

Official Status

ACTIVE

Total Units

232

Avg Unit Size

794 sqft

Freehold Ratio

100%

Escrow Agent

Sharjah Islamic Bank

Median Price

AED 935K

PSF

AED 1,271/sqft

Sales 12M

vs Area

+12.7%

Asset Turnover

ⓘ

1.3%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

232

Avg Unit Size

794 sqft

1BR

47.4%

2BR

18.1%

Studio

25.4%

3.4%

3BR

5.6%

Room Configuration

Unit Type	Count	Share
1BR	110	47.4%
Studio	59	25.4%
2BR	42	18.1%
3BR	13	5.6%
NA	8	3.4%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	49.1% 110 units	45.5% 5 sold	0.93	✓ BALANCED
Studio	26.3% 59 units	9.1% 1 sold	0.35	⚠️ STAGNANT
2BR	18.8% 42 units	36.4% 4 sold	1.94	🔥 HIGH DEMAND
3BR	5.8% 13 units	9.1% 1 sold	1.57	⚠️ STAGNANT

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
9 Jul 2026	JUMEIRAH VILLAGE CIRCLE	1BR	AED 1.03M	AED 1,179/sqft	Off-plan	Freehold
9 Apr 2026	JUMEIRAH VILLAGE CIRCLE	Studio	AED 644K	AED 1,647/sqft	Off-plan	Freehold
5 Mar 2026	JUMEIRAH VILLAGE CIRCLE	2BR	AED 1.96M	AED 1,688/sqft	Off-plan	Freehold
24 Feb 2026	JUMEIRAH VILLAGE CIRCLE	1BR	AED 946K	AED 1,200/sqft	Off-plan	Freehold
24 Feb 2026	JUMEIRAH VILLAGE CIRCLE	1BR	AED 946K	AED 1,200/sqft	Off-plan	Freehold
24 Feb 2026	JUMEIRAH VILLAGE CIRCLE	1BR	AED 1.04M	AED 1,317/sqft	Off-plan	Freehold
24 Feb 2026	JUMEIRAH VILLAGE CIRCLE	1BR	AED 1.02M	AED 1,169/sqft	Off-plan	Freehold
2 Feb 2026	JUMEIRAH VILLAGE CIRCLE	2BR	AED 2.00M	AED 1,680/sqft	Off-plan	Freehold
22 Oct 2025	JUMEIRAH VILLAGE CIRCLE	3BR	AED 2.10M	AED 1,384/sqft	Off-plan	Freehold
14 Oct 2025	JUMEIRAH VILLAGE CIRCLE	2BR	AED 1.52M	AED 1,313/sqft	Off-plan	Freehold
14 Oct 2025	JUMEIRAH VILLAGE CIRCLE	2BR	AED 1.45M	AED 1,252/sqft	Off-plan	Freehold
23 Jul 2025	JUMEIRAH VILLAGE CIRCLE	3BR	AED 2.82M	AED 1,176/sqft	Off-plan	Freehold
3 Jun 2025	JUMEIRAH VILLAGE CIRCLE	3BR	AED 3.79M	AED 1,394/sqft	Off-plan	Freehold
2 Jun 2025	JUMEIRAH VILLAGE CIRCLE	2BR	AED 1.64M	AED 1,284/sqft	Off-plan	Freehold
8 May 2025	JUMEIRAH VILLAGE CIRCLE	1BR	AED 956K	AED 1,288/sqft	Off-plan	Freehold
10 Mar 2025	JUMEIRAH VILLAGE CIRCLE	2BR	AED 1.10M	AED 1,259/sqft	Off-plan	Freehold
6 Mar 2025	JUMEIRAH VILLAGE CIRCLE	1BR	AED 993K	AED 1,259/sqft	Off-plan	Freehold
5 Mar 2025	JUMEIRAH VILLAGE CIRCLE	1BR	AED 975K	AED 1,226/sqft	Off-plan	Freehold
4 Mar 2025	JUMEIRAH VILLAGE CIRCLE	1BR	AED 968K	AED 1,249/sqft	Off-plan	Freehold
3 Feb 2025	JUMEIRAH VILLAGE CIRCLE	2BR	AED 1.52M	AED 1,254/sqft	Off-plan	Freehold
26 Dec 2024	JUMEIRAH VILLAGE CIRCLE	1BR	AED 1.01M	AED 1,362/sqft	Off-plan	Freehold
2 Dec 2024	JUMEIRAH VILLAGE CIRCLE	Studio	AED 669K	AED 1,709/sqft	Off-plan	Freehold
2 Dec 2024	JUMEIRAH VILLAGE CIRCLE	1BR	AED 956K	AED 1,288/sqft	Off-plan	Freehold
24 Oct 2024	JUMEIRAH VILLAGE CIRCLE	1BR	AED 836K	AED 1,041/sqft	Off-plan	Freehold
24 Oct 2024	JUMEIRAH VILLAGE CIRCLE	1BR	AED 917K	AED 1,127/sqft	Off-plan	Freehold
24 Oct 2024	JUMEIRAH VILLAGE CIRCLE	Studio	AED 600K	AED 1,539/sqft	Off-plan	Freehold
24 Oct 2024	JUMEIRAH VILLAGE CIRCLE	1BR	AED 755K	AED 1,571/sqft	Off-plan	Freehold
15 Oct 2024	JUMEIRAH VILLAGE CIRCLE	2BR	AED 1.64M	AED 1,284/sqft	Off-plan	Freehold
15 Oct 2024	JUMEIRAH VILLAGE CIRCLE	Studio	AED 632K	AED 1,615/sqft	Off-plan	Freehold
23 Sep 2024	JUMEIRAH VILLAGE CIRCLE	1BR	AED 955K	AED 1,225/sqft	Off-plan	Freehold