1-bed · 693 sqftTopaz Residences 1, Dubai Silicon Oasis · 5th floor · completed 2016

516, Topaz Residences 1

Sold prices and rental history: sold twice, last in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 510K10 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Topaz Residences 1

What is 516 worth today?

Last sold for AED 510,000 in 2020

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10 Mar 2020SoldReady
AED 510,000AED 736 per sqft
28 Oct 2015Sold by developerOff-plan
AED 628,740AED 907 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
5th of 8
Parking
G-27
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 510K · March 2020

About 516, Topaz Residences 1

516 is a one-bedroom apartment of 693 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 10 March 2020 for AED 510,000, or AED 736 per sqft, 3% above the AED 713 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, 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, October 2015: AED 628,740 (AED 907 per sqft)Sold, March 2020: AED 510,000 (AED 736 per sqft)

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

Rents
Unit 516, 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 57,000

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 516 sits

All 136 1-beds →

516 last sold in March 2020 at AED 736 per sqft, 3% above what one-beds in Topaz Residences 1 were fetching at the time (AED 713). 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.

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

516, Topaz Residences 1 in numbers

  • Sold twice: first on 28 October 2015 for AED 628,740, last on 10 March 2020 for AED 510,000 (AED 736 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 10 March 2020.

Questions about 516, Topaz Residences 1

What did unit 516 last sell for?

AED 510,000 on 10 March 2020: AED 736 per sqft for 693 sqft. The unit has 2 registered sales; the first was AED 628,740 in October 2015.

How big is unit 516?

693 sqft (64.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 516 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 516, Topaz Residences 1

Starts from the last sale price (AED 510K, 10 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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