1-bed · 765 sqftTopaz Residences 1, Dubai Silicon Oasis · 5th floor · completed 2016

509, Topaz Residences 1

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

Unit 509 · DLD and Ejari recordsUpdated 25 April 2019
Last soldAED 704K17 March 2019
Current rentAED 47K /yr25 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Topaz Residences 1

What is 509 worth today?

Last sold for AED 704,360 in 2019

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25 Apr 2019RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
17 Mar 2019Sold by developerReady
AED 704,360AED 920 per sqft

Source: Dubai Land Department. Updated 25 April 2019.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
5th of 8
Parking
G-57
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,800 /yr
Last sold
AED 704K · March 2019

About 509, Topaz Residences 1

509 is a one-bedroom apartment of 765 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. The developer sold it on 17 March 2019 for AED 704,360, or AED 920 per sqft, in line with the AED 909 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 April 2019. The current contract, signed on 25 April 2019, is AED 47,000 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 9,800 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, March 2019: AED 704,360 (AED 920 per sqft)

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

Rents
Unit 509, 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, April 2019: AED 47,000 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 509 sits

All 136 1-beds →

509 last sold in March 2019 at AED 920 per sqft, in line with what one-beds in Topaz Residences 1 were fetching at the time (AED 909). 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. 509's AED 47,000 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 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
5041-bedAED 575K · Jan 2024
5051-bedAED 785K · Sep 2025
5061-bedAED 585K · May 2024
5071-bedAED 500K · Nov 2019
1–7 of 16

509, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 17 March 2019 for AED 704,360, or AED 920 per sqft.
  • Rented since April 2019 on one Ejari contract, at AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2019 price is 6.7%, 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 25 April 2019.

Questions about 509, Topaz Residences 1

What did unit 509 last sell for?

AED 704,360 on 17 March 2019, sold by the developer: AED 920 per sqft for 765 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 47,000 a year on the contract signed on 25 April 2019.

How big is unit 509?

765 sqft (71.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 509 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 509, Topaz Residences 1

Starts from the last sale price (AED 704K, 17 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 704,360
Deposit, UAE resident (20%)
AED 140,872
Deposit, non-resident (40%)
AED 281,744
Monthly over 25 years at 3.7%
AED 2,882

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