506, Topaz Residences 1
Sold prices and rental history: sold twice, last in May 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Topaz Residences 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 9 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 770 sqft
- Floor
- 5th of 8
- Parking
- G-96
- Developer
- Gulf General Investments Co
- Completed
- 2016
- Service charge
- AED 9,900 /yr
- Last sold
- AED 585K · May 2024
- Building
- Topaz Residences 1
About 506, Topaz Residences 1
506 is a one-bedroom apartment of 770 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 9 May 2024 for AED 585,000, or AED 759 per sqft, 9% above the AED 695 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 30 September 2023, is AED 47,867 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 9,900 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 136 1-beds →506 last sold in May 2024 at AED 759 per sqft, 9% above what one-beds in Topaz Residences 1 were fetching at the time (AED 695). 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. 506's AED 47,867 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 656 sqft | 715,000 | 1,089 | ||
| 9 Jul 20269 July 2026 | 693 sqft | 710,000 | 1,023 | ||
| 2 Jul 20262 July 2026 | 813 sqft | 725,000 | 891 | ||
| 9 Feb 20269 February 2026 | 850 sqft | 810,000 | 952 |
Topaz Residences 1
Building136 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%
Other units on the 5th floor
All 136 units in Topaz Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 773 sqft | AED 721KAED 720,972 · Oct 2015October 2015 | 44,000 /yr | |
| 502 | 1-bed | 852 sqft | AED 770KAED 769,826 · Jan 2016January 2016 | 54,000 /yr | |
| 503 | 1-bed | 829 sqft | AED 761KAED 761,028 · Oct 2015October 2015 | 65,000 /yr | |
| 504 | 1-bed | 764 sqft | AED 575KAED 575,000 · Jan 2024January 2024 | 42,900 /yr | |
| 505 | 1-bed | 850 sqft | AED 785KAED 785,000 · Sep 2025September 2025 | 56,000 /yr | |
| 507 | 1-bed | 709 sqft | AED 500KAED 500,000 · Nov 2019November 2019 | 60,000 /yr | |
| 508 | 1-bed | 650 sqft | AED 450KAED 450,000 · Jul 2024July 2024 | 58,000 /yr | |
| 509 | 1-bed | 765 sqft | AED 704KAED 704,360 · Mar 2019March 2019 | 47,000 /yr | |
| 510 | 1-bed | 784 sqft | AED 500KAED 500,000 · Aug 2023August 2023 | 60,000 /yr | |
| 511 | 1-bed | 746 sqft | AED 666KAED 666,037 · May 2017May 2017 | 56,000 /yr | |
| 512 | 1-bed | 720 sqft | AED 677KAED 676,996 · Aug 2016August 2016 | 32,000 /yr | |
| 513 | 1-bed | 708 sqft | AED 465KAED 465,000 · Jun 2023June 2023 | 67,000 /yr | |
| 514 | 1-bed | 656 sqft | AED 715KAED 715,000 · Jul 2026July 2026 | 46,200 /yr | |
| 515 | 1-bed | 693 sqft | AED 710KAED 710,000 · Jul 2026July 2026 | 39,000 /yr | |
| 516 | 1-bed | 693 sqft | AED 510KAED 510,000 · Mar 2020March 2020 | ||
| 517 | 1-bed | 616 sqft | AED 578KAED 577,727 · Sep 2015September 2015 | 44,100 /yr |
506, Topaz Residences 1 in numbers
- Sold twice: first on 22 November 2015 for AED 709,025, last on 9 May 2024 for AED 585,000 (AED 759 per sqft).
- Rented since June 2019 on 3 Ejari contracts. The rent fell from AED 46,000 to AED 38,000 in 2020 and recovered to AED 47,867 by September 2023.
- At AED 47,867 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 9,900 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 9 May 2024.
Questions about 506, Topaz Residences 1
What did unit 506 last sell for?
AED 585,000 on 9 May 2024: AED 759 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 709,025 in November 2015.
What is the rent for unit 506?
AED 47,867 a year on the contract renewed on 30 September 2023. The previous contract, from October 2020, was AED 38,000; the unit has been rented since June 2019.
How big is unit 506?
770 sqft (71.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.
What is unit 506 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 506, Topaz Residences 1
Starts from the last sale price (AED 585K, 9 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →