1-bed · 770 sqftTopaz Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2016

306, Topaz Residences 1

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 580K25 April 2024
Current rentAED 43K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Topaz Residences 1

What is 306 worth today?

Last sold for AED 580,000 in 2024

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25 Apr 2024SoldReady
AED 580,000AED 753 per sqft
1 Sep 2023RentedRenewal
AED 43,000/yr12 months · AED 55 per sqft
1 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
15 Aug 2021RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
25 Apr 2019RentedNew contract
AED 46,000/yr12 months · AED 59 per sqft
30 May 2018Sold by developerOff-plan
AED 666,099AED 865 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
3rd of 8
Parking
G-93
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,800 /yr
Last sold
AED 580K · April 2024

About 306, Topaz Residences 1

306 is a one-bedroom apartment of 770 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 25 April 2024 for AED 580,000, or AED 753 per sqft, 9% above the AED 690 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 43,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, May 2018: AED 666,099 (AED 865 per sqft)Sold, April 2024: AED 580,000 (AED 753 per sqft)

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

Rents
Unit 306, 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, April 2019: AED 46,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, August 2021: AED 36,000 a yearNew contract, September 2022: AED 40,000 a yearRenewal, September 2023: AED 43,000 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 306 sits

All 136 1-beds →

306 last sold in April 2024 at AED 753 per sqft, 9% above what one-beds in Topaz Residences 1 were fetching at the time (AED 690). 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. 306's AED 43,000 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
3051-bedAED 505K · Aug 2023
3071-bedAED 580K · Sep 2024
3081-bedAED 696K · Jul 2017
1–7 of 16

306, Topaz Residences 1 in numbers

  • Sold twice: first on 30 May 2018 for AED 666,099, last on 25 April 2024 for AED 580,000 (AED 753 per sqft).
  • Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 46,000 to AED 36,000 in 2021 and recovered to AED 43,000 by September 2023.
  • At AED 43,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 9,800 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 25 April 2024.

Questions about 306, Topaz Residences 1

What did unit 306 last sell for?

AED 580,000 on 25 April 2024: AED 753 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 666,099 in May 2018.

What is the rent for unit 306?

AED 43,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 40,000; the unit has been rented since April 2019.

How big is unit 306?

770 sqft (71.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 306 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 306, Topaz Residences 1

Starts from the last sale price (AED 580K, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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