1-bed · 1,055 sqftTopaz Avenue, Al Furjan · 7th floor · completed 2020

709, Topaz Avenue

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

Unit 709 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 1M2 October 2024
Current rentAED 58K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Topaz Avenue

What is 709 worth today?

Last sold for AED 1,002,022 in 2024

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2 Oct 2024Sold by developerReady
AED 1,002,022AED 950 per sqft
1 Jun 2023RentedRenewal
AED 58,000/yr12 months · AED 55 per sqft
1 Jun 2022RentedRenewal
AED 58,000/yr12 months · AED 55 per sqft
1 Apr 2021RentedNew contract
AED 58,000/yr14 months · AED 55 per sqft
1 Sep 2020RentedNew contract
AED 49,714/yr14 months · AED 47 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
1-bed apartment
Size
1,055 sqft
Floor
7th of 15
Parking
B-77
Developer
Grand Properties
Completed
2020
Last sold
AED 1M · October 2024
Building
Topaz Avenue

About 709, Topaz Avenue

709 is a one-bedroom apartment of 1,055 sqft on the 7th floor of Topaz Avenue, a 15-storey tower in Al Furjan completed in 2020 by Grand Properties. The developer sold it on 2 October 2024 for AED 1,002,022, or AED 950 per sqft, in line with the AED 950 one-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 1 June 2023, is AED 58,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 709 over time

Rents
Unit 709, each contractTypical one-bed in Topaz Avenue
60K80K2020202220242026Typical rent by year: 2020 AED 49,714; 2021 AED 55,000; 2022 AED 55,000; 2023 AED 55,177; 2024 AED 58,171; 2025 AED 80,000; 2026 AED 85,000New contract, September 2020: AED 49,714 a yearNew contract, April 2021: AED 58,000 a yearRenewal, June 2022: AED 58,000 a yearRenewal, June 2023: AED 58,000 a year

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 709 sits

All 48 1-beds →

709 last sold in October 2024 at AED 950 per sqft, in line with 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. 709's AED 58,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 20261,280,000
29 Jul 20251,280,000
7 Apr 20251,280,000
21 Nov 20241,004,891
1 1-bed sale 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 7th floor

All 208 units in Topaz Avenue
Value
7011-bedAED 952K · Sep 2024
7022-bedAED 1.42M · Jul 2024
7032-bedAED 1.4M · Jul 2024
7042-bedAED 1.41M · Aug 2024
7052-bedAED 1.49M · May 2024
7062-bedAED 1.48M · Aug 2024
7072-bedAED 1.8M · Jan 2025
1–7 of 15

709, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 2 October 2024 for AED 1,002,022, or AED 950 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 49,714 to AED 58,000 a year.
  • At AED 58,000 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 2 October 2024.

Questions about 709, Topaz Avenue

What did unit 709 last sell for?

AED 1,002,022 on 2 October 2024, sold by the developer: AED 950 per sqft for 1,055 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 58,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 58,000; the unit has been rented since September 2020.

How big is unit 709?

1,055 sqft (98.0 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2020.

What is unit 709 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 709, Topaz Avenue

Starts from the last sale price (AED 1M, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,002,022
Deposit, UAE resident (20%)
AED 200,404
Deposit, non-resident (40%)
AED 400,809
Monthly over 25 years at 3.7%
AED 4,100

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