Deyaar, one of the region’s fastest growing real estate companies, has announced its newest launch – Sapphire Residence – the first phase of its proposed Dh400 million ($108.8 million) initiative at Dubai Silicon Oasis (DSO).

Sapphire Residence, offering a choice of 90 spacious and well designed one, two, and three bedroom apartments, caters to the soaring demand for new and affordable residential offerings in Dubai, says a spokesman for the developer.
Dubai Silicon Oasis is a 7.2 sq km master-planned community strategically located on Emirates Road. Termed as a city within a city, Dubai Silicon Oasis offers a range of academic institutions and a dynamic commercial and social environment.
Sapphire Residence is scheduled for completion in December 2008. Rising eight storeys, the project will comprise state-of-the-art amenities set amid lush green landscape. A unique feature of Sapphire Residence is its leisure deck in the courtyard of the building on the ground floor housing a swimming pool and health club.
With easy access from Dubai International Airport, Jebel Ali Port and Dubai’s central business district, Sapphire Residence is set to evolve as a prime residential address in Dubai Silicon Oasis.
He adds: “Sapphire Residence is the first of four buildings that Deyaar plans to roll out on strategically located plots in Dubai Silicon Oasis.”