2-bed · 1,558 sqftTopaz Avenue, Al Furjan · 5th floor · completed 2020

511, Topaz Avenue

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

Unit 511 · DLD and Ejari recordsUpdated 9 November 2024
Last soldAED 1.48M16 September 2024
Current rentAED 120K /yr9 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Topaz Avenue

What is 511 worth today?

Last sold for AED 1,479,977 in 2024

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9 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
16 Sep 2024Sold by developerReady
AED 1,479,977AED 950 per sqft
2 Apr 2024RentedRenewal
AED 78,415/yr10 months · AED 51 per sqft
2 Apr 2023RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
2 Apr 2022RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
2 Feb 2021RentedNew contract
AED 78,000/yr14 months · AED 50 per sqft

Source: Dubai Land Department. Updated 9 November 2024.

Key facts

Type
2-bed apartment
Size
1,558 sqft
Floor
5th of 15
Parking
P2-48
Developer
Grand Properties
Completed
2020
Last sold
AED 1.48M · September 2024
Building
Topaz Avenue

About 511, Topaz Avenue

511 is a two-bedroom apartment of 1,558 sqft on the 5th floor of Topaz Avenue, a 15-storey tower in Al Furjan completed in 2020 by Grand Properties. The developer sold it on 16 September 2024 for AED 1,479,977, 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 continuously since 2021 on 5 Ejari contracts. The current contract, signed on 9 November 2024, is AED 120,000 a year: a gross yield of 8.1% on the 2024 price.

Sales and rents for 511 over time

Sales
Unit 511, 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 1,479,977 (AED 950 per sqft)

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

Rents
Unit 511, 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, February 2021: AED 78,000 a yearRenewal, April 2022: AED 78,000 a yearRenewal, April 2023: AED 78,000 a yearRenewal, April 2024: AED 78,415 a yearNew contract, November 2024: AED 120,000 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 511 sits

All 152 2-beds →

511 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. 511's AED 120,000 is in the upper 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 5th floor

All 208 units in Topaz Avenue
Value
5011-bedAED 952K · May 2024
5022-bedAED 1.42M · Jul 2024
5032-bedAED 1.4M · May 2024
5042-bedAED 1.41M · Sep 2024
5052-bedAED 2.18M · Apr 2026
5062-bedAED 1.48M · Sep 2024
5072-bedAED 2.18M · Mar 2026
1–7 of 15

511, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 16 September 2024 for AED 1,479,977, or AED 950 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 78,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.1%.
  • 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 November 2024.

Questions about 511, Topaz Avenue

What did unit 511 last sell for?

AED 1,479,977 on 16 September 2024, sold by the developer: AED 950 per sqft for 1,558 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 120,000 a year on the contract signed on 9 November 2024. The previous contract, from April 2024, was AED 78,415; the unit has been rented since February 2021.

How big is unit 511?

1,558 sqft (144.7 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2020.

What is unit 511 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 511, Topaz Avenue

Starts from the last sale price (AED 1.48M, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,479,977
Deposit, UAE resident (20%)
AED 295,995
Deposit, non-resident (40%)
AED 591,991
Monthly over 25 years at 3.7%
AED 6,055

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