3-bed · 2,630 sqftTopaz Avenue, Al Furjan · 15th floor · completed 2020

1501, Topaz Avenue

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

Unit 1501 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 2.5M29 August 2024
Current rentAED 95K /yr31 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Topaz Avenue

What is 1501 worth today?

Last sold for AED 2,503,174 in 2024

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29 Aug 2024Sold by developerReady
AED 2,503,174AED 951 per sqft
31 Aug 2023RentedRenewal
AED 95,000/yr12 months · AED 36 per sqft
31 Aug 2022RentedRenewal
AED 95,000/yr12 months · AED 36 per sqft
31 Aug 2021RentedRenewal
AED 95,000/yr12 months · AED 36 per sqft
1 Jun 2020RentedNew contract
AED 76,164/yr15 months · AED 29 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
3-bed apartment
Size
2,630 sqft
Floor
15th of 15
Parking
B-130 , B-131
Developer
Grand Properties
Completed
2020
Last sold
AED 2.5M · August 2024
Building
Topaz Avenue

About 1501, Topaz Avenue

1501 is a three-bedroom apartment of 2,630 sqft on the 15th floor of Topaz Avenue, a 15-storey tower in Al Furjan completed in 2020 by Grand Properties. The developer sold it on 29 August 2024 for AED 2,503,174, or AED 951 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 31 August 2023, is AED 95,000 a year: a gross yield of 3.8% on the 2024 price.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical three-bed in Topaz Avenue
2.5M2.5M202420252026Typical sale price by year: 2024 AED 2,500,210; 2025 AED 2,503,374Sold by developer, August 2024: AED 2,503,174 (AED 951 per sqft)

1501 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1501, each contractTypical three-bed in Topaz Avenue
100K200K2020202220242026Typical rent by year: 2020 AED 82,715; 2021 AED 96,500; 2022 AED 96,500; 2023 AED 96,467; 2026 AED 200,000New contract, June 2020: AED 76,164 a yearRenewal, August 2021: AED 95,000 a yearRenewal, August 2022: AED 95,000 a yearRenewal, August 2023: AED 95,000 a year

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

3-beds in Topaz Avenue, and where 1501 sits

All 8 3-beds →

Over the last 12 months three-beds sold for AED 3,100,000, around AED 1,179 per sqft, and rent for AED 200,000 to 210,000 a year. 1501's AED 95,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Aug 20263,100,000
27 Feb 20252,600,000
20 Jan 20252,503,374
2 Jan 20252,502,870
1 3-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 15th floor

All 208 units in Topaz Avenue
Value
15022-bedAED 1.49M · Jul 2024
15032-bedAED 1.49M · Jun 2024
15043-bedAED 2.5M · Oct 2024
15053-bedAED 2.5M · Nov 2024
15062-bedAED 1.49M · Sep 2024
15072-bedAED 1.49M · May 2024
15083-bedAED 3.1M · Aug 2026

1501, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 29 August 2024 for AED 2,503,174, or AED 951 per sqft.
  • Rented since June 2020 on 4 Ejari contracts, from AED 76,164 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 3.8%.
  • Three-beds in Topaz Avenue sold for AED 3,100,000–3,100,000 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 29 August 2024.

Questions about 1501, Topaz Avenue

What did unit 1501 last sell for?

AED 2,503,174 on 29 August 2024, sold by the developer: AED 951 per sqft for 2,630 sqft. It is the only registered sale of the unit.

What is the rent for unit 1501?

AED 95,000 a year on the contract renewed on 31 August 2023. The previous contract, from August 2022, was AED 95,000; the unit has been rented since June 2020.

How big is unit 1501?

2,630 sqft (244.3 sqm): a three-bedroom apartment on the 15th floor of a 15-storey tower completed in 2020.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Topaz Avenue sold for AED 3,100,000 to 3,100,000 in the last 12 months, around AED 1,179 per sqft.

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Mortgage on 1501, Topaz Avenue

Starts from the last sale price (AED 2.5M, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,503,174
Deposit, UAE resident (20%)
AED 500,635
Deposit, non-resident (40%)
AED 1,001,270
Monthly over 25 years at 3.7%
AED 10,241

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