3-bed · 2,622 sqftTopaz Avenue, Al Furjan · 15th floor · completed 2020

1504, Topaz Avenue

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

Unit 1504 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.5M10 October 2024
Current rentAED 98K /yr30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Topaz Avenue

What is 1504 worth today?

Last sold for AED 2,495,194 in 2024

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10 Oct 2024Sold by developerReady
AED 2,495,194AED 951 per sqft
30 Nov 2023RentedRenewal
AED 97,933/yr10 months · AED 37 per sqft
30 Nov 2022RentedRenewal
AED 98,000/yr12 months · AED 37 per sqft
30 Nov 2021RentedNew contract
AED 98,000/yr12 months · AED 37 per sqft
1 Aug 2020RentedNew contract
AED 84,000/yr14 months · AED 32 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
3-bed apartment
Size
2,622 sqft
Floor
15th of 15
Parking
B-138 , B-139
Developer
Grand Properties
Completed
2020
Last sold
AED 2.5M · October 2024
Building
Topaz Avenue

About 1504, Topaz Avenue

1504 is a three-bedroom apartment of 2,622 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 10 October 2024 for AED 2,495,194, or AED 951 per sqft, in line with the AED 951 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 30 November 2023, is AED 97,933 a year: a gross yield of 3.9% on the 2024 price.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, October 2024: AED 2,495,194 (AED 951 per sqft)

1504 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1504, 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, August 2020: AED 84,000 a yearNew contract, November 2021: AED 98,000 a yearRenewal, November 2022: AED 98,000 a yearRenewal, November 2023: AED 97,933 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 1504 sits

All 8 3-beds →

1504 last sold in October 2024 at AED 951 per sqft, in line with what three-beds in Topaz Avenue were fetching at the time (AED 951). 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. 1504's AED 97,933 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
15013-bedAED 2.5M · Aug 2024
15022-bedAED 1.49M · Jul 2024
15032-bedAED 1.49M · Jun 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

1504, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 10 October 2024 for AED 2,495,194, or AED 951 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 84,000 to AED 97,933 a year.
  • At AED 97,933 a year the gross yield on the 2024 price is 3.9%.
  • 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 10 October 2024.

Questions about 1504, Topaz Avenue

What did unit 1504 last sell for?

AED 2,495,194 on 10 October 2024, sold by the developer: AED 951 per sqft for 2,622 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 97,933 a year on the contract renewed on 30 November 2023. The previous contract, from November 2022, was AED 98,000; the unit has been rented since August 2020.

How big is unit 1504?

2,622 sqft (243.6 sqm): a three-bedroom apartment on the 15th floor of a 15-storey tower completed in 2020.

What is unit 1504 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 1504, Topaz Avenue

Starts from the last sale price (AED 2.5M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,495,194
Deposit, UAE resident (20%)
AED 499,039
Deposit, non-resident (40%)
AED 998,078
Monthly over 25 years at 3.7%
AED 10,209

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