1-bed · 1,058 sqftTopaz Avenue, Al Furjan · 12th floor · completed 2020

1216, Topaz Avenue

Sold prices and rental history: sold once, by the developer in September 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1M5 September 2024
Current rentAED 55K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Topaz Avenue

What is 1216 worth today?

Last sold for AED 1,004,891 in 2024

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5 Sep 2024Sold by developerReady
AED 1,004,891AED 950 per sqft
15 Jan 2024RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
15 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 52 per sqft
15 Nov 2020RentedNew contract
AED 47,143/yr14 months · AED 45 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
1,058 sqft
Floor
12th of 15
Parking
B-26
Developer
Grand Properties
Completed
2020
Last sold
AED 1M · September 2024
Building
Topaz Avenue

About 1216, Topaz Avenue

1216 is a one-bedroom apartment of 1,058 sqft on the 12th floor of Topaz Avenue, a 15-storey tower in Al Furjan completed in 2020 by Grand Properties. The developer sold it on 5 September 2024 for AED 1,004,891, or AED 950 per sqft, in line with the AED 950 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 55,000 a year: a gross yield of 5.5% on the 2024 price.

Sales and rents for 1216 over time

Rents
Unit 1216, each contractTypical one-bed in Topaz Avenue
60K80K2020202220242026Typical rent by year: 2020 AED 49,714; 2021 AED 55,000; 2022 AED 55,000; 2023 AED 55,177; 2024 AED 58,171; 2025 AED 80,000; 2026 AED 85,000New contract, November 2020: AED 47,143 a yearNew contract, January 2023: AED 55,000 a yearRenewal, January 2024: AED 55,000 a year

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

1-beds in Topaz Avenue, and where 1216 sits

All 48 1-beds →

1216 last sold in September 2024 at AED 950 per sqft, in line with what one-beds in Topaz Avenue were fetching at the time (AED 950). Over the last 12 months one-beds sold for AED 1,280,000, around AED 1,211 per sqft, and rent for AED 49,778 to 95,000 a year. 1216's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20261,280,000
29 Jul 20251,280,000
7 Apr 20251,280,000
21 Nov 20241,004,891
1 1-bed sale 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
12042-bedAED 2.28M · Jun 2024
12052-bedAED 1.49M · Jun 2024
12062-bedAED 1.48M · May 2024
12072-bedAED 1.49M · Jul 2024
1–7 of 15

1216, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 5 September 2024 for AED 1,004,891, or AED 950 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 47,143 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.5%.
  • One-beds in Topaz Avenue sold for AED 1,280,000–1,280,000 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 5 September 2024.

Questions about 1216, Topaz Avenue

What did unit 1216 last sell for?

AED 1,004,891 on 5 September 2024, sold by the developer: AED 950 per sqft for 1,058 sqft. It is the only registered sale of the unit.

What is the rent for unit 1216?

AED 55,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 55,000; the unit has been rented since November 2020.

How big is unit 1216?

1,058 sqft (98.3 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2020.

What is unit 1216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Topaz Avenue sold for AED 1,280,000 to 1,280,000 in the last 12 months, around AED 1,211 per sqft.

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Mortgage on 1216, Topaz Avenue

Starts from the last sale price (AED 1M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,004,891
Deposit, UAE resident (20%)
AED 200,978
Deposit, non-resident (40%)
AED 401,956
Monthly over 25 years at 3.7%
AED 4,111

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