1-bed · 720 sqftTopaz Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2016

312, Topaz Residences 1

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 26 July 2024
Last soldAED 636K28 September 2015
Current rentAED 53K /yr26 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Topaz Residences 1

What is 312 worth today?

Last sold for AED 636,268 in 2015

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26 Jul 2024RentedNew contract
AED 53,000/yr12 months · AED 73 per sqft
5 Mar 2021RentedNew contract
AED 33,000/yr12 months · AED 46 per sqft
21 Feb 2020RentedNew contract
AED 42,000/yr12 months · AED 58 per sqft
22 Feb 2019RentedNew contract
AED 51,000/yr12 months · AED 71 per sqft
28 Sep 2015Sold by developerOff-plan
AED 636,268AED 884 per sqft

Source: Dubai Land Department. Updated 26 July 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
3rd of 8
Parking
G-15
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,200 /yr
Last sold
AED 636K · September 2015

About 312, Topaz Residences 1

312 is a one-bedroom apartment of 720 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. The developer sold it on 28 September 2015 for AED 636,268, or AED 884 per sqft, 6% below the AED 938 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 26 July 2024, is AED 53,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 9,200 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, September 2015: AED 636,268 (AED 884 per sqft)

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

Rents
Unit 312, 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, February 2019: AED 51,000 a yearNew contract, February 2020: AED 42,000 a yearNew contract, March 2021: AED 33,000 a yearNew contract, July 2024: AED 53,000 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 312 sits

All 136 1-beds →

312 last sold in September 2015 at AED 884 per sqft, 6% below what one-beds in Topaz Residences 1 were fetching at the time (AED 938). 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. 312's AED 53,000 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
3061-bedAED 580K · Apr 2024
3071-bedAED 580K · Sep 2024
1–7 of 16

312, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 28 September 2015 for AED 636,268, or AED 884 per sqft.
  • Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 51,000 to AED 33,000 in 2021 and recovered to AED 53,000 by July 2024.
  • At AED 53,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 9,200 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 26 July 2024.

Questions about 312, Topaz Residences 1

What did unit 312 last sell for?

AED 636,268 on 28 September 2015, sold by the developer: AED 884 per sqft for 720 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 53,000 a year on the contract signed on 26 July 2024. The previous contract, from March 2021, was AED 33,000; the unit has been rented since February 2019.

How big is unit 312?

720 sqft (66.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 312 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 312, Topaz Residences 1

Starts from the last sale price (AED 636K, 28 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 636,268
Deposit, UAE resident (20%)
AED 127,254
Deposit, non-resident (40%)
AED 254,507
Monthly over 25 years at 3.7%
AED 2,603

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