2-bed · 1,566 sqftTopaz Avenue, Al Furjan · 12th floor · completed 2020

1204, Topaz Avenue

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 2.28M12 June 2024
Current rentAED 300K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Topaz Avenue

What is 1204 worth today?

Last sold for AED 2,280,000 in 2024

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20 Oct 2024RentedRenewal
AED 300,000/yr3 months · AED 192 per sqft
20 Jun 2024RentedNew contract
AED 75,000/yr4 months · AED 48 per sqft
12 Jun 2024SoldReady
AED 2,280,000AED 1,456 per sqft
5 Jun 2024Sold by developerReady
AED 1,487,444AED 950 per sqft
20 Oct 2023RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
20 Oct 2022RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
20 Oct 2021RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
20 Aug 2020RentedNew contract
AED 64,286/yr14 months · AED 41 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,566 sqft
Floor
12th of 15
Parking
B-18
Developer
Grand Properties
Completed
2020
Last sold
AED 2.28M · June 2024
Building
Topaz Avenue

About 1204, Topaz Avenue

1204 is a two-bedroom apartment of 1,566 sqft on the 12th floor of Topaz Avenue, a 15-storey tower in Al Furjan completed in 2020 by Grand Properties. It last sold on 12 June 2024 for AED 2,280,000, or AED 1,456 per sqft, 53% above the AED 950 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 300,000 a year: a gross yield of 13.2% on the 2024 price.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Topaz Avenue
1.5M2M2024202520262027Typical sale price by year: 2024 AED 1,479,977; 2025 AED 1,930,000; 2026 AED 2,110,000Sold, June 2024: AED 2,280,000 (AED 1,456 per sqft)Sold by developer, June 2024: AED 1,487,444 (AED 950 per sqft)

1204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Topaz Avenue
200K2020202220242026Typical rent by year: 2020 AED 66,857; 2021 AED 75,000; 2022 AED 78,000; 2023 AED 77,947; 2024 AED 78,093; 2025 AED 128,000; 2026 AED 125,000New contract, August 2020: AED 64,286 a yearRenewal, October 2021: AED 75,000 a yearRenewal, October 2022: AED 75,000 a yearRenewal, October 2023: AED 75,000 a yearNew contract, June 2024: AED 75,000 a yearRenewal, October 2024: AED 300,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Topaz Avenue, and where 1204 sits

All 152 2-beds →

1204 last sold in June 2024 at AED 1,456 per sqft, 53% above what two-beds in Topaz Avenue were fetching at the time (AED 950). Over the last 12 months two-beds sold for AED 2,000,000 to 2,300,000, around AED 1,331 per sqft, and rent for AED 45,000 to 145,000 a year. 1204's AED 300,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Oct 20262,050,000
22 Apr 20262,175,000
31 Mar 20262,180,000
31 Mar 20262,300,000
9 2-bed sales in the last 12 months

Topaz Avenue

Building

208 apartments, 1-bed to 3-bed over 15 floors in Al Furjan, completed in 2020 by Grand Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,309 Up 10.1%
Typical sale
AED 2.07M
Typical rent
AED 120K /yr
Typical yield
6.1%
Topaz Avenue, Al Furjan: prices, sales and rents →

Other units on the 12th floor

All 208 units in Topaz Avenue
Value
12011-bedAED 1M · Sep 2024
12022-bedAED 1.5M · Sep 2024
12032-bedAED 1.48M · Aug 2024
12052-bedAED 1.49M · Jun 2024
12062-bedAED 1.48M · May 2024
12072-bedAED 1.49M · Jul 2024
12081-bedAED 1M · Aug 2024
1–7 of 15

1204, Topaz Avenue in numbers

  • Sold twice: first on 5 June 2024 for AED 1,487,444, last on 12 June 2024 for AED 2,280,000 (AED 1,456 per sqft).
  • Rented since August 2020 on 6 Ejari contracts, from AED 64,286 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2024 price is 13.2%.
  • Two-beds in Topaz Avenue sold for AED 2,000,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,309 per sqft.

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 1204, Topaz Avenue

What did unit 1204 last sell for?

AED 2,280,000 on 12 June 2024: AED 1,456 per sqft for 1,566 sqft. The unit has 2 registered sales; the first was AED 1,487,444 in June 2024.

What is the rent for unit 1204?

AED 300,000 a year on the contract renewed on 20 October 2024. The previous contract, from June 2024, was AED 75,000; the unit has been rented since August 2020.

How big is unit 1204?

1,566 sqft (145.5 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2020.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Topaz Avenue sold for AED 2,000,000 to 2,300,000 in the last 12 months, around AED 1,331 per sqft.

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Mortgage on 1204, Topaz Avenue

Starts from the last sale price (AED 2.28M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,280,000
Deposit, UAE resident (20%)
AED 456,000
Deposit, non-resident (40%)
AED 912,000
Monthly over 25 years at 3.7%
AED 9,328

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →