1-bed · 693 sqftTopaz Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2016

315, Topaz Residences 1

Sold prices and rental history: sold twice, last in January 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 500K5 January 2020
Current rentAED 38K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Topaz Residences 1

What is 315 worth today?

Last sold for AED 500,000 in 2020

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1 Aug 2022RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft
2 May 2020RentedNew contract
AED 36,000/yr12 months · AED 52 per sqft
5 Jan 2020SoldReady
AED 500,000AED 721 per sqft
24 Apr 2017Sold by developerOff-plan
AED 653,842AED 942 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
3rd of 8
Parking
G-33
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 500K · January 2020

About 315, Topaz Residences 1

315 is a one-bedroom apartment of 693 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 5 January 2020 for AED 500,000, or AED 721 per sqft, 4% below the AED 753 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 August 2022, is AED 38,000 a year: a gross yield of 7.6% on the 2020 price, before the service charge of about AED 8,900 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, April 2017: AED 653,842 (AED 942 per sqft)Sold, January 2020: AED 500,000 (AED 721 per sqft)

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

Rents
Unit 315, 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, May 2020: AED 36,000 a yearNew contract, August 2022: AED 38,000 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 315 sits

All 136 1-beds →

315 last sold in January 2020 at AED 721 per sqft, 4% below what one-beds in Topaz Residences 1 were fetching at the time (AED 753). 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. 315's AED 38,000 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

315, Topaz Residences 1 in numbers

  • Sold twice: first on 24 April 2017 for AED 653,842, last on 5 January 2020 for AED 500,000 (AED 721 per sqft).
  • Rented since May 2020 on 2 Ejari contracts, from AED 36,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2020 price is 7.6%, before a service charge of about AED 8,900 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 1 August 2022.

Questions about 315, Topaz Residences 1

What did unit 315 last sell for?

AED 500,000 on 5 January 2020: AED 721 per sqft for 693 sqft. The unit has 2 registered sales; the first was AED 653,842 in April 2017.

What is the rent for unit 315?

AED 38,000 a year on the contract signed on 1 August 2022. The previous contract, from May 2020, was AED 36,000.

How big is unit 315?

693 sqft (64.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 315 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 315, Topaz Residences 1

Starts from the last sale price (AED 500K, 5 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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