1-bed · 850 sqftTopaz Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2016

305, Topaz Residences 1

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

Unit 305 · DLD and Ejari recordsUpdated 7 October 2023
Last soldAED 505K28 August 2023
Current rentAED 41K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Topaz Residences 1

What is 305 worth today?

Last sold for AED 505,000 in 2023

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7 Oct 2023RentedNew contract
AED 41,000/yr12 months · AED 48 per sqft
28 Aug 2023SoldReady
AED 505,000AED 593 per sqft
25 Sep 2020RentedRenewal
AED 39,000/yr12 months · AED 46 per sqft
25 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
17 Jul 2017Sold by developerOff-plan
AED 754,551AED 887 per sqft

Source: Dubai Land Department. Updated 7 October 2023.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
3rd of 8
Parking
G-73
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 10,900 /yr
Last sold
AED 505K · August 2023

About 305, Topaz Residences 1

305 is a one-bedroom apartment of 850 sqft on the 3rd 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 28 August 2023 for AED 505,000, or AED 593 per sqft, 9% below the AED 655 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 7 October 2023, is AED 41,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Topaz Residences 1
600K800K20152018202120242027Typical 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, July 2017: AED 754,551 (AED 887 per sqft)Sold, August 2023: AED 505,000 (AED 593 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in Topaz Residences 1
40K50K60K20192021202320252027Typical 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, September 2019: AED 45,000 a yearRenewal, September 2020: AED 39,000 a yearNew contract, October 2023: AED 41,000 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 305 sits

All 136 1-beds →

305 last sold in August 2023 at AED 593 per sqft, 9% below what one-beds in Topaz Residences 1 were fetching at the time (AED 655). 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. 305's AED 41,000 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 3rd floor

All 136 units in Topaz Residences 1
Value
3011-bedAED 692K · Nov 2015
3021-bedAED 450K · Jul 2024
3031-bedAED 615K · Jul 2024
3041-bedAED 678K · Jan 2016
3061-bedAED 580K · Apr 2024
3071-bedAED 580K · Sep 2024
3081-bedAED 696K · Jul 2017
1–7 of 16

305, Topaz Residences 1 in numbers

  • Sold twice: first on 17 July 2017 for AED 754,551, last on 28 August 2023 for AED 505,000 (AED 593 per sqft).
  • Rented since September 2019 on 3 Ejari contracts, from AED 45,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 10,900 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 7 October 2023.

Questions about 305, Topaz Residences 1

What did unit 305 last sell for?

AED 505,000 on 28 August 2023: AED 593 per sqft for 850 sqft. The unit has 2 registered sales; the first was AED 754,551 in July 2017.

What is the rent for unit 305?

AED 41,000 a year on the contract signed on 7 October 2023. The previous contract, from September 2020, was AED 39,000; the unit has been rented since September 2019.

How big is unit 305?

850 sqft (79.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 305 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 305, Topaz Residences 1

Starts from the last sale price (AED 505K, 28 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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