508, Topaz Residences 1
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Topaz Residences 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 5 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 650 sqft
- Floor
- 5th of 8
- Parking
- G-88
- Developer
- Gulf General Investments Co
- Completed
- 2016
- Service charge
- AED 8,300 /yr
- Last sold
- AED 450K · July 2024
- Building
- Topaz Residences 1
About 508, Topaz Residences 1
508 is a one-bedroom apartment of 650 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 17 July 2024 for AED 450,000, or AED 692 per sqft, 7% below the AED 746 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 5 September 2025, is AED 58,000 a year: a gross yield of 12.9% on the 2024 price, before the service charge of about AED 8,300 a year.
Sales and rents for 508 over time
508 has sold 3 times; 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 508 sits
All 136 1-beds →508 last sold in July 2024 at AED 692 per sqft, 7% below what one-beds in Topaz Residences 1 were fetching at the time (AED 746). 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. 508's AED 58,000 is in the upper 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 | |
| 506 | 1-bed | 770 sqft | AED 585KAED 585,000 · May 2024May 2024 | 47,867 /yr | |
| 507 | 1-bed | 709 sqft | AED 500KAED 500,000 · Nov 2019November 2019 | 60,000 /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 |
508, Topaz Residences 1 in numbers
- Sold 3 times: first on 14 January 2016 for AED 706,124, last on 17 July 2024 for AED 450,000 (AED 692 per sqft).
- Rented since February 2019 on 10 Ejari contracts. The rent fell from AED 47,000 to AED 37,000 in 2022 and recovered to AED 58,000 by September 2025.
- At AED 58,000 a year the gross yield on the 2024 price is 12.9%, before a service charge of about AED 8,300 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 5 September 2025.
Questions about 508, Topaz Residences 1
What did unit 508 last sell for?
AED 450,000 on 17 July 2024: AED 692 per sqft for 650 sqft. The unit has 3 registered sales; the first was AED 706,124 in January 2016.
What is the rent for unit 508?
AED 58,000 a year on the contract signed on 5 September 2025. The previous contract, from September 2024, was AED 58,000; the unit has been rented since February 2019.
How big is unit 508?
650 sqft (60.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.
What is unit 508 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 508, Topaz Residences 1
Starts from the last sale price (AED 450K, 17 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →