1-bed · 770 sqftTopaz Residences 1, Dubai Silicon Oasis · 6th floor · completed 2016

606, Topaz Residences 1

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 590K15 April 2024
Current rentAED 53K /yr4 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Topaz Residences 1

What is 606 worth today?

Last sold for AED 590,000 in 2024

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15 Apr 2024SoldReady
AED 590,000AED 766 per sqft
4 Feb 2024RentedNew contract
AED 53,000/yr12 months · AED 68 per sqft
16 Sep 2023RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
5 Oct 2022RentedRenewal
AED 44,000/yr12 months · AED 57 per sqft
5 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
9 Jun 2021SoldReady
AED 471,688AED 612 per sqft
1 Oct 2020RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
1 Oct 2019RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
6th of 8
Parking
G-121
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,800 /yr
Last sold
AED 590K · April 2024

About 606, Topaz Residences 1

606 is a one-bedroom apartment of 770 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. It last sold on 15 April 2024 for AED 590,000, or AED 766 per sqft, 11% above the AED 690 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 4 February 2024, is AED 53,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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 690,988 (AED 897 per sqft)Sold, June 2021: AED 471,688 (AED 612 per sqft)Sold, April 2024: AED 590,000 (AED 766 per sqft)

606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 606, 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, October 2019: AED 45,000 a yearRenewal, October 2020: AED 40,000 a yearNew contract, October 2021: AED 38,000 a yearRenewal, October 2022: AED 44,000 a yearNew contract, September 2023: AED 50,000 a yearNew contract, February 2024: AED 53,000 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 606 sits

All 136 1-beds →

606 last sold in April 2024 at AED 766 per sqft, 11% above what one-beds in Topaz Residences 1 were fetching at the time (AED 690). 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. 606's AED 53,000 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
6051-bedAED 767K · Oct 2015
6071-bedAED 350K · Jan 2023
6081-bedAED 710K · Oct 2015
1–7 of 16

606, Topaz Residences 1 in numbers

  • Sold 3 times: first on 25 October 2015 for AED 690,988, last on 15 April 2024 for AED 590,000 (AED 766 per sqft).
  • Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 38,000 in 2021 and recovered to AED 53,000 by February 2024.
  • At AED 53,000 a year the gross yield on the 2024 price is 9.0%, 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 15 April 2024.

Questions about 606, Topaz Residences 1

What did unit 606 last sell for?

AED 590,000 on 15 April 2024: AED 766 per sqft for 770 sqft. The unit has 3 registered sales; the first was AED 690,988 in October 2015.

What is the rent for unit 606?

AED 53,000 a year on the contract signed on 4 February 2024. The previous contract, from September 2023, was AED 50,000; the unit has been rented since October 2019.

How big is unit 606?

770 sqft (71.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2016.

What is unit 606 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 606, Topaz Residences 1

Starts from the last sale price (AED 590K, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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