1-bed · 850 sqftTopaz Residences 1, Dubai Silicon Oasis · 6th floor · completed 2016

605, Topaz Residences 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 25 November 2023
Last soldAED 767K28 October 2015
Current rentAED 52K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Topaz Residences 1

What is 605 worth today?

Last sold for AED 766,789 in 2015

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25 Nov 2023RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
25 Mar 2022RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
25 Mar 2021RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
10 Jul 2019RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
28 Oct 2015Sold by developerOff-plan
AED 766,789AED 901 per sqft

Source: Dubai Land Department. Updated 25 November 2023.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
6th of 8
Parking
G-102
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 10,900 /yr
Last sold
AED 767K · October 2015

About 605, Topaz Residences 1

605 is a one-bedroom apartment of 850 sqft on the 6th 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 28 October 2015 for AED 766,789, or AED 901 per sqft, in line with the AED 907 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 November 2023, is AED 52,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 10,900 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Topaz Residences 1
400K600K800K20152018202120242027Typical 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 766,789 (AED 901 per sqft)

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

Rents
Unit 605, 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, July 2019: AED 48,000 a yearNew contract, March 2021: AED 35,000 a yearRenewal, March 2022: AED 40,000 a yearNew contract, November 2023: AED 52,000 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 605 sits

All 136 1-beds →

605 last sold in October 2015 at AED 901 per sqft, in line with what one-beds in Topaz Residences 1 were fetching at the time (AED 907). 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. 605's AED 52,000 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 6th floor

All 136 units in Topaz Residences 1
Value
6011-bedAED 710K · Dec 2024
6021-bedAED 798K · Sep 2015
6031-bedAED 749K · Apr 2016
6041-bedAED 689K · Oct 2015
6061-bedAED 590K · Apr 2024
6071-bedAED 350K · Jan 2023
6081-bedAED 710K · Oct 2015
1–7 of 16

605, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 28 October 2015 for AED 766,789, or AED 901 per sqft.
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 35,000 in 2021 and recovered to AED 52,000 by November 2023.
  • At AED 52,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 10,900 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 25 November 2023.

Questions about 605, Topaz Residences 1

What did unit 605 last sell for?

AED 766,789 on 28 October 2015, sold by the developer: AED 901 per sqft for 850 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 52,000 a year on the contract signed on 25 November 2023. The previous contract, from March 2022, was AED 40,000; the unit has been rented since July 2019.

How big is unit 605?

850 sqft (79.0 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2016.

What is unit 605 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 605, Topaz Residences 1

Starts from the last sale price (AED 767K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 766,789
Deposit, UAE resident (20%)
AED 153,358
Deposit, non-resident (40%)
AED 306,716
Monthly over 25 years at 3.7%
AED 3,137

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