2-bed · 1,575 sqftTopaz Avenue, Al Furjan · 2nd floor · completed 2020

215, Topaz Avenue

Sold prices and rental history: sold once, by the developer in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 1.42M9 September 2024
Current rentAED 75K /yr31 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Topaz Avenue

What is 215 worth today?

Last sold for AED 1,417,878 in 2024

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9 Sep 2024Sold by developerReady
AED 1,417,878AED 900 per sqft
31 May 2023RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
31 May 2022RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
31 Mar 2021RentedNew contract
AED 64,138/yr14 months · AED 41 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
2-bed apartment
Size
1,575 sqft
Floor
2nd of 15
Parking
P2-61
Developer
Grand Properties
Completed
2020
Last sold
AED 1.42M · September 2024
Building
Topaz Avenue

About 215, Topaz Avenue

215 is a two-bedroom apartment of 1,575 sqft on the 2nd floor of Topaz Avenue, a 15-storey tower in Al Furjan completed in 2020 by Grand Properties. The developer sold it on 9 September 2024 for AED 1,417,878, or AED 900 per sqft, 5% below the AED 950 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 31 May 2023, is AED 75,000 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 215 over time

Sales
Unit 215, 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 1,417,878 (AED 900 per sqft)

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

Rents
Unit 215, 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, March 2021: AED 64,138 a yearRenewal, May 2022: AED 75,000 a yearRenewal, May 2023: AED 75,000 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 215 sits

All 152 2-beds →

215 last sold in September 2024 at AED 900 per sqft, 5% below 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. 215's AED 75,000 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 2nd floor

All 208 units in Topaz Avenue
Value
2011-bedAED 952K · Oct 2024
2022-bedAED 1.42M · Sep 2024
2032-bedAED 1.4M · Aug 2024
2042-bedAED 1.41M · Oct 2024
2052-bedAED 1.49M · Aug 2024
2062-bedAED 1.48M · Aug 2024
2072-bedAED 1.49M · Sep 2024
1–7 of 15

215, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 9 September 2024 for AED 1,417,878, or AED 900 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 64,138 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.3%.
  • 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 9 September 2024.

Questions about 215, Topaz Avenue

What did unit 215 last sell for?

AED 1,417,878 on 9 September 2024, sold by the developer: AED 900 per sqft for 1,575 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 75,000 a year on the contract renewed on 31 May 2023. The previous contract, from May 2022, was AED 75,000; the unit has been rented since March 2021.

How big is unit 215?

1,575 sqft (146.3 sqm): a two-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2020.

What is unit 215 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 215, Topaz Avenue

Starts from the last sale price (AED 1.42M, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,417,878
Deposit, UAE resident (20%)
AED 283,576
Deposit, non-resident (40%)
AED 567,151
Monthly over 25 years at 3.7%
AED 5,801

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