1-bed · 656 sqftTopaz Residences 1, Dubai Silicon Oasis · 6th floor · completed 2016

612, Topaz Residences 1

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 2 February 2024
Last soldAED 684K1 August 2016
Current rentAED 48K /yr2 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Topaz Residences 1

What is 612 worth today?

Last sold for AED 683,653 in 2016

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2 Feb 2024RentedNew contract
AED 48,000/yr12 months · AED 73 per sqft
1 Jan 2023RentedRenewal
AED 35,000/yr12 months · AED 53 per sqft
1 Jan 2022RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
1 Aug 2016Sold by developerOff-plan
AED 683,653AED 1,042 per sqft

Source: Dubai Land Department. Updated 2 February 2024.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
6th of 8
Parking
G-9,G-117
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 8,400 /yr
Last sold
AED 684K · August 2016

About 612, Topaz Residences 1

612 is a one-bedroom apartment of 656 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 1 August 2016 for AED 683,653, or AED 1,042 per sqft, 15% above the AED 906 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 2 February 2024, is AED 48,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 8,400 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, August 2016: AED 683,653 (AED 1,042 per sqft)

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

Rents
Unit 612, each contractTypical one-bed in Topaz Residences 1
40K60K20192021202320252027Typical 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, January 2022: AED 32,000 a yearRenewal, January 2023: AED 35,000 a yearNew contract, February 2024: AED 48,000 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 612 sits

All 136 1-beds →

612 last sold in August 2016 at AED 1,042 per sqft, 15% above what one-beds in Topaz Residences 1 were fetching at the time (AED 906). 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. 612's AED 48,000 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
6061-bedAED 590K · Apr 2024
6071-bedAED 350K · Jan 2023
1–7 of 16

612, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 1 August 2016 for AED 683,653, or AED 1,042 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 32,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 8,400 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 2 February 2024.

Questions about 612, Topaz Residences 1

What did unit 612 last sell for?

AED 683,653 on 1 August 2016, sold by the developer: AED 1,042 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 48,000 a year on the contract signed on 2 February 2024. The previous contract, from January 2023, was AED 35,000; the unit has been rented since January 2022.

How big is unit 612?

656 sqft (60.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2016.

What is unit 612 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 612, Topaz Residences 1

Starts from the last sale price (AED 684K, 1 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 683,653
Deposit, UAE resident (20%)
AED 136,731
Deposit, non-resident (40%)
AED 273,461
Monthly over 25 years at 3.7%
AED 2,797

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