2-bed · 1,566 sqftTopaz Avenue, Al Furjan · 5th floor · completed 2020

512, Topaz Avenue

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

Unit 512 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 1.18M5 June 2024
Current rentAED 78K /yr30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Topaz Avenue

What is 512 worth today?

Last sold for AED 1,183,939 in 2024

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5 Jun 2024Sold by developerReady
AED 1,183,939AED 756 per sqft
30 Jan 2024RentedRenewal
AED 77,946/yr12 months · AED 50 per sqft
30 Jan 2023RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
30 Jan 2022RentedNew contract
AED 78,000/yr12 months · AED 50 per sqft
1 Dec 2020RentedNew contract
AED 66,857/yr14 months · AED 43 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
2-bed apartment
Size
1,566 sqft
Floor
5th of 15
Parking
P2-49
Developer
Grand Properties
Completed
2020
Last sold
AED 1.18M · June 2024
Building
Topaz Avenue

About 512, Topaz Avenue

512 is a two-bedroom apartment of 1,566 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 5 June 2024 for AED 1,183,939, or AED 756 per sqft, 20% below the AED 950 two-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 January 2024, is AED 77,946 a year: a gross yield of 6.6% on the 2024 price.

Sales and rents for 512 over time

Sales
Unit 512, 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, June 2024: AED 1,183,939 (AED 756 per sqft)

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

Rents
Unit 512, 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, December 2020: AED 66,857 a yearNew contract, January 2022: AED 78,000 a yearRenewal, January 2023: AED 78,000 a yearRenewal, January 2024: AED 77,946 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 512 sits

All 152 2-beds →

512 last sold in June 2024 at AED 756 per sqft, 20% 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. 512's AED 77,946 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 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

512, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 5 June 2024 for AED 1,183,939, or AED 756 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 66,857 to AED 77,946 a year.
  • At AED 77,946 a year the gross yield on the 2024 price is 6.6%.
  • 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 5 June 2024.

Questions about 512, Topaz Avenue

What did unit 512 last sell for?

AED 1,183,939 on 5 June 2024, sold by the developer: AED 756 per sqft for 1,566 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 77,946 a year on the contract renewed on 30 January 2024. The previous contract, from January 2023, was AED 78,000; the unit has been rented since December 2020.

How big is unit 512?

1,566 sqft (145.5 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2020.

What is unit 512 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 512, Topaz Avenue

Starts from the last sale price (AED 1.18M, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,183,939
Deposit, UAE resident (20%)
AED 236,788
Deposit, non-resident (40%)
AED 473,576
Monthly over 25 years at 3.7%
AED 4,844

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