2-bed · 1,567 sqftTopaz Avenue, Al Furjan · 15th floor · completed 2020

1506, 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 1506 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1.49M19 September 2024
Current rentAED 78K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Topaz Avenue

What is 1506 worth today?

Last sold for AED 1,489,182 in 2024

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19 Sep 2024Sold by developerReady
AED 1,489,182AED 950 per sqft
15 Dec 2023RentedRenewal
AED 78,000/yr12 months · AED 49 per sqft
15 Dec 2022RentedNew contract
AED 78,000/yr12 months · AED 49 per sqft
15 Oct 2020RentedNew contract
AED 66,857/yr14 months · AED 42 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
1,567 sqft
Floor
15th of 15
Parking
B-113
Developer
Grand Properties
Completed
2020
Last sold
AED 1.49M · September 2024
Building
Topaz Avenue

About 1506, Topaz Avenue

1506 is a two-bedroom apartment of 1,567 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 19 September 2024 for AED 1,489,182, or AED 950 per sqft, in line with the AED 950 two-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 December 2023, is AED 78,000 a year: a gross yield of 5.2% on the 2024 price.

Sales and rents for 1506 over time

Sales
Unit 1506, 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 by developer, September 2024: AED 1,489,182 (AED 950 per sqft)

1506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Topaz Avenue
100K2020202220242026Typical 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, October 2020: AED 66,857 a yearNew contract, December 2022: AED 78,000 a yearRenewal, December 2023: AED 78,000 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 1506 sits

All 152 2-beds →

1506 last sold in September 2024 at AED 950 per sqft, in line with 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. 1506's AED 78,000 is in the lower half 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 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
15043-bedAED 2.5M · Oct 2024
15053-bedAED 2.5M · Nov 2024
15072-bedAED 1.49M · May 2024
15083-bedAED 3.1M · Aug 2026

1506, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 19 September 2024 for AED 1,489,182, or AED 950 per sqft.
  • Rented since October 2020 on 3 Ejari contracts, from AED 66,857 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 5.2%.
  • 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 19 September 2024.

Questions about 1506, Topaz Avenue

What did unit 1506 last sell for?

AED 1,489,182 on 19 September 2024, sold by the developer: AED 950 per sqft for 1,567 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 78,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 78,000; the unit has been rented since October 2020.

How big is unit 1506?

1,567 sqft (145.6 sqm): a two-bedroom apartment on the 15th floor of a 15-storey tower completed in 2020.

What is unit 1506 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 1506, Topaz Avenue

Starts from the last sale price (AED 1.49M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,489,182
Deposit, UAE resident (20%)
AED 297,836
Deposit, non-resident (40%)
AED 595,673
Monthly over 25 years at 3.7%
AED 6,093

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