1-bed · 658 sqftTopaz Residences 1, Dubai Silicon Oasis · 6th floor · completed 2016

614, Topaz Residences 1

Sold prices and rental history: sold 3 times, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 20 December 2022
Last soldAED 430K20 December 2022
Current rentAED 40K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Topaz Residences 1

What is 614 worth today?

Last sold for AED 430,000 in 2022

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20 Dec 2022SoldReady
AED 430,000AED 653 per sqft
1 May 2022RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
1 May 2019RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
21 Nov 2017SoldOff-plan
AED 610,000AED 926 per sqft
3 Nov 2015Sold by developerOff-plan
AED 630,890AED 958 per sqft

Source: Dubai Land Department. Updated 20 December 2022.

Key facts

Type
1-bed apartment
Size
658 sqft
Floor
6th of 8
Parking
G-43
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 8,400 /yr
Last sold
AED 430K · December 2022

About 614, Topaz Residences 1

614 is a one-bedroom apartment of 658 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 20 December 2022 for AED 430,000, or AED 653 per sqft, in line with the AED 641 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 May 2022, is AED 40,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 8,400 a year.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical one-bed in Topaz Residences 1
400K600K20152018202120242027Typical 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, November 2015: AED 630,890 (AED 958 per sqft)Sold, November 2017: AED 610,000 (AED 926 per sqft)Sold, December 2022: AED 430,000 (AED 653 per sqft)

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

Rents
Unit 614, 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, May 2019: AED 45,000 a yearNew contract, May 2022: AED 40,000 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 614 sits

All 136 1-beds →

614 last sold in December 2022 at AED 653 per sqft, in line with what one-beds in Topaz Residences 1 were fetching at the time (AED 641). 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. 614's AED 40,000 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

614, Topaz Residences 1 in numbers

  • Sold 3 times: first on 3 November 2015 for AED 630,890, last on 20 December 2022 for AED 430,000 (AED 653 per sqft).
  • Rented since May 2019 on 2 Ejari contracts, from AED 45,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 9.3%, 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 20 December 2022.

Questions about 614, Topaz Residences 1

What did unit 614 last sell for?

AED 430,000 on 20 December 2022: AED 653 per sqft for 658 sqft. The unit has 3 registered sales; the first was AED 630,890 in November 2015.

What is the rent for unit 614?

AED 40,000 a year on the contract signed on 1 May 2022. The previous contract, from May 2019, was AED 45,000.

How big is unit 614?

658 sqft (61.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2016.

What is unit 614 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 614, Topaz Residences 1

Starts from the last sale price (AED 430K, 20 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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