1-bed · 764 sqftTopaz Residences 1, Dubai Silicon Oasis · 5th floor · completed 2016

504, Topaz Residences 1

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 575K24 January 2024
Current rentAED 43K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Topaz Residences 1

What is 504 worth today?

Last sold for AED 575,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Jan 2024SoldReady
AED 575,000AED 752 per sqft
5 Sep 2023RentedNew contract
AED 42,900/yr12 months · AED 56 per sqft
19 May 2023SoldReady
AED 495,000AED 647 per sqft
5 Sep 2022RentedNew contract
AED 39,000/yr12 months · AED 51 per sqft
31 Mar 2021RentedRenewal
AED 37,790/yr6 months · AED 49 per sqft
1 Oct 2020RentedRenewal
AED 38,205/yr6 months · AED 50 per sqft
1 Oct 2019RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
23 Jul 2019SoldReady
AED 505,238AED 661 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
5th of 8
Parking
G-94
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,800 /yr
Last sold
AED 575K · January 2024

About 504, Topaz Residences 1

504 is a one-bedroom apartment of 764 sqft on the 5th 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 24 January 2024 for AED 575,000, or AED 752 per sqft, 9% above the AED 688 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 September 2023, is AED 42,900 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, January 2016: AED 721,770 (AED 944 per sqft)Sold, July 2019: AED 505,238 (AED 661 per sqft)Sold, May 2023: AED 495,000 (AED 647 per sqft)Sold, January 2024: AED 575,000 (AED 752 per sqft)

504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, 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, October 2019: AED 45,000 a yearRenewal, October 2020: AED 38,205 a yearRenewal, March 2021: AED 37,790 a yearNew contract, September 2022: AED 39,000 a yearNew contract, September 2023: AED 42,900 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 504 sits

All 136 1-beds →

504 last sold in January 2024 at AED 752 per sqft, 9% above what one-beds in Topaz Residences 1 were fetching at the time (AED 688). 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. 504's AED 42,900 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 5th floor

All 136 units in Topaz Residences 1
Value
5011-bedAED 721K · Oct 2015
5021-bedAED 770K · Jan 2016
5031-bedAED 761K · Oct 2015
5051-bedAED 785K · Sep 2025
5061-bedAED 585K · May 2024
5071-bedAED 500K · Nov 2019
5081-bedAED 450K · Jul 2024
1–7 of 16

504, Topaz Residences 1 in numbers

  • Sold 4 times: first on 25 January 2016 for AED 721,770, last on 24 January 2024 for AED 575,000 (AED 752 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 37,790 in 2021 and recovered to AED 42,900 by September 2023.
  • At AED 42,900 a year the gross yield on the 2024 price is 7.5%, 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 24 January 2024.

Questions about 504, Topaz Residences 1

What did unit 504 last sell for?

AED 575,000 on 24 January 2024: AED 752 per sqft for 764 sqft. The unit has 4 registered sales; the first was AED 721,770 in January 2016.

What is the rent for unit 504?

AED 42,900 a year on the contract signed on 5 September 2023. The previous contract, from September 2022, was AED 39,000; the unit has been rented since October 2019.

How big is unit 504?

764 sqft (71.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 504 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.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Topaz Residences 1

Starts from the last sale price (AED 575K, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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