1-bed · 616 sqftTopaz Residences 1, Dubai Silicon Oasis · 1st floor · completed 2016

117, Topaz Residences 1

Sold prices and rental history: sold twice, last in April 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 14 April 2023
Last soldAED 470K14 April 2023
Current rentAED 33K /yr10 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Topaz Residences 1

What is 117 worth today?

Last sold for AED 470,000 in 2023

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14 Apr 2023SoldReady
AED 470,000AED 763 per sqft
10 May 2022RentedNew contract
AED 33,000/yr12 months · AED 54 per sqft
6 May 2021RentedNew contract
AED 31,000/yr12 months · AED 51 per sqft
26 Jun 2019RentedNew contract
AED 46,000/yr12 months · AED 75 per sqft
17 Dec 2015Sold by developerOff-plan
AED 565,150AED 917 per sqft

Source: Dubai Land Department. Updated 14 April 2023.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
1st of 8
Parking
G-55
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 7,900 /yr
Last sold
AED 470K · April 2023

About 117, Topaz Residences 1

117 is a one-bedroom apartment of 616 sqft on the 1st floor of Topaz Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by Gulf General Investments Co. It last sold on 14 April 2023 for AED 470,000, or AED 763 per sqft, 18% above the AED 647 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 10 May 2022, is AED 33,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 7,900 a year.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical one-bed in Topaz Residences 1
600K20152018202120242027Typical sale price by year: 2015 AED 673,316; 2016 AED 672,855; 2017 AED 668,827; 2019 AED 615,000; 2020 AED 501,295; 2021 AED 460,000; 2022 AED 455,000; 2023 AED 495,000; 2024 AED 587,500; 2025 AED 672,500; 2026 AED 720,000Sold by developer, December 2015: AED 565,150 (AED 917 per sqft)Sold, April 2023: AED 470,000 (AED 763 per sqft)

117 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 117, each contractTypical one-bed in Topaz Residences 1
40K60K20192021202320252027Typical rent by year: 2019 AED 46,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,000; 2023 AED 43,000; 2024 AED 50,000; 2025 AED 56,000; 2026 AED 57,000New contract, June 2019: AED 46,000 a yearNew contract, May 2021: AED 31,000 a yearNew contract, May 2022: AED 33,000 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 Residences 1, and where 117 sits

All 136 1-beds →

117 last sold in April 2023 at AED 763 per sqft, 18% above what one-beds in Topaz Residences 1 were fetching at the time (AED 647). Over the last 12 months one-beds sold for AED 710,000 to 810,000, around AED 955 per sqft, and rent for AED 30,000 to 78,000 a year. 117's AED 33,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 2026715,000
9 Jul 2026710,000
2 Jul 2026725,000
9 Feb 2026810,000
5 1-bed sales in the last 12 months

Topaz Residences 1

Building

136 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2016 by Gulf General Investments Co. 5 sold in the last 12 months.

Typical price per sqft
AED 955
Typical sale
AED 725K
Typical rent
AED 57K /yr
Typical yield
7.8%
Topaz Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 136 units in Topaz Residences 1
Value
1011-bedAED 500K · Nov 2020
1021-bedAED 510K · Jun 2022
1031-bedAED 730K · Oct 2015
1041-bedAED 500K · Jun 2023
1051-bedAED 770K · Jan 2016
1061-bedAED 688K · Mar 2016
1071-bedAED 485K · Dec 2023
1–7 of 16

117, Topaz Residences 1 in numbers

  • Sold twice: first on 17 December 2015 for AED 565,150, last on 14 April 2023 for AED 470,000 (AED 763 per sqft).
  • Rented since June 2019 on 3 Ejari contracts, from AED 46,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 7,900 a year (AED 12.79 per sqft).
  • One-beds in Topaz Residences 1 sold for AED 710,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.

Source: Dubai Land Department. Updated 14 April 2023.

Questions about 117, Topaz Residences 1

What did unit 117 last sell for?

AED 470,000 on 14 April 2023: AED 763 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 565,150 in December 2015.

What is the rent for unit 117?

AED 33,000 a year on the contract signed on 10 May 2022. The previous contract, from May 2021, was AED 31,000; the unit has been rented since June 2019.

How big is unit 117?

616 sqft (57.2 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2016.

What is unit 117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Topaz Residences 1 sold for AED 710,000 to 810,000 in the last 12 months, around AED 955 per sqft.

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Mortgage on 117, Topaz Residences 1

Starts from the last sale price (AED 470K, 14 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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