516, 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.
Property timeline for 516, Topaz Avenue
What is 516 worth today?
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Source: Dubai Land Department. Updated 30 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,058 sqft
- Floor
- 5th of 15
- Parking
- P2-91
- Developer
- Grand Properties
- Completed
- 2020
- Last sold
- AED 952K · September 2024
- Building
- Topaz Avenue
About 516, Topaz Avenue
516 is a one-bedroom apartment of 1,058 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 30 September 2024 for AED 952,002, or AED 900 per sqft, 5% below the AED 950 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 October 2023, is AED 55,000 a year: a gross yield of 5.8% on the 2024 price.
Sales and rents for 516 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Topaz Avenue, and where 516 sits
All 48 1-beds →516 last sold in September 2024 at AED 900 per sqft, 5% below what one-beds in Topaz Avenue were fetching at the time (AED 950). Over the last 12 months one-beds sold for AED 1,280,000, around AED 1,211 per sqft, and rent for AED 49,778 to 95,000 a year. 516's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,056 sqft | 1,280,000 | 1,211 | ||
| 29 Jul 202529 July 2025 | 1,056 sqft | 1,280,000 | 1,211 | ||
| 7 Apr 20257 April 2025 | 1,058 sqft | 1,280,000 | 1,210 | ||
| 21 Nov 202421 November 2024 | 1,058 sqft | 1,004,891 | 950 |
Topaz Avenue
Building208 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%
Other units on the 5th floor
All 208 units in Topaz Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,058 sqft | AED 952KAED 952,002 · May 2024May 2024 | 85,000 /yr | |
| 502 | 2-bed | 1,575 sqft | AED 1.42MAED 1,417,878 · Jul 2024July 2024 | 75,000 /yr | |
| 503 | 2-bed | 1,555 sqft | AED 1.4MAED 1,399,662 · May 2024May 2024 | 75,000 /yr | |
| 504 | 2-bed | 1,566 sqft | AED 1.41MAED 1,409,157 · Sep 2024September 2024 | 75,000 /yr | |
| 505 | 2-bed | 1,566 sqft | AED 2.18MAED 2,175,000 · Apr 2026April 2026 | 130,000 /yr | |
| 506 | 2-bed | 1,558 sqft | AED 1.48MAED 1,479,977 · Sep 2024September 2024 | 78,000 /yr | |
| 507 | 2-bed | 1,571 sqft | AED 2.18MAED 2,180,000 · Mar 2026March 2026 | 78,000 /yr | |
| 508 | 1-bed | 1,056 sqft | AED 1MAED 1,003,460 · Aug 2024August 2024 | 58,000 /yr | |
| 509 | 1-bed | 1,055 sqft | AED 1MAED 1,002,022 · Aug 2024August 2024 | 80,000 /yr | |
| 510 | 2-bed | 1,574 sqft | AED 1.5MAED 1,495,215 · Oct 2024October 2024 | 78,592 /yr | |
| 511 | 2-bed | 1,558 sqft | AED 1.48MAED 1,479,977 · Sep 2024September 2024 | 120,000 /yr | |
| 512 | 2-bed | 1,566 sqft | AED 1.18MAED 1,183,939 · Jun 2024June 2024 | 77,946 /yr | |
| 513 | 2-bed | 1,566 sqft | AED 1.41MAED 1,409,445 · Jun 2024June 2024 | 78,925 /yr | |
| 514 | 2-bed | 1,555 sqft | AED 1.4MAED 1,399,662 · Aug 2024August 2024 | 75,081 /yr | |
| 515 | 2-bed | 1,575 sqft | AED 1.42MAED 1,417,878 · Aug 2024August 2024 | 140,000 /yr |
516, Topaz Avenue in numbers
- Sold once: by Grand Properties on 30 September 2024 for AED 952,002, or AED 900 per sqft.
- Rented since August 2021 on 2 Ejari contracts, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 5.8%.
- One-beds in Topaz Avenue sold for AED 1,280,000–1,280,000 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 30 September 2024.
Questions about 516, Topaz Avenue
What did unit 516 last sell for?
AED 952,002 on 30 September 2024, sold by the developer: AED 900 per sqft for 1,058 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 55,000 a year on the contract renewed on 7 October 2023. The previous contract, from August 2021, was AED 55,000.
How big is unit 516?
1,058 sqft (98.3 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2020.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Topaz Avenue sold for AED 1,280,000 to 1,280,000 in the last 12 months, around AED 1,211 per sqft.
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Mortgage on 516, Topaz Avenue
Starts from the last sale price (AED 952K, 30 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 952,002
- Deposit, UAE resident (20%)
- AED 190,400
- Deposit, non-resident (40%)
- AED 380,801
- Monthly over 25 years at 3.7%
- AED 3,895
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →