1-bed · 693 sqftTopaz Residences 1, Dubai Silicon Oasis · 6th floor · completed 2016

616, Topaz Residences 1

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

Unit 616 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 480K19 October 2022
Current rentAED 72K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Topaz Residences 1

What is 616 worth today?

Last sold for AED 480,000 in 2022

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20 May 2025RentedRenewal
AED 72,000/yr12 months · AED 105 per sqft
20 May 2025RentedRenewal
AED 72,000/yr12 months · AED 105 per sqft
20 May 2024RentedNew contract
AED 72,000/yr12 months · AED 105 per sqft
8 Mar 2024RentedNew contract
AED 58,800/yr12 months · AED 85 per sqft
1 Jun 2023RentedNew contract
AED 41,400/yr12 months · AED 60 per sqft
19 Oct 2022SoldReady
AED 480,000AED 692 per sqft
1 Jun 2022RentedRenewal
AED 36,000/yr12 months · AED 52 per sqft
1 Jun 2021RentedRenewal
AED 36,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
6th of 8
Parking
G-22
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 480K · October 2022

About 616, Topaz Residences 1

616 is a one-bedroom apartment of 693 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 19 October 2022 for AED 480,000, or AED 692 per sqft, 9% above the AED 634 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 72,000 a year: a gross yield of 15.0% on the 2022 price, before the service charge of about AED 8,900 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, March 2017: AED 632,063 (AED 912 per sqft)Sold, October 2022: AED 480,000 (AED 692 per sqft)

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

Rents
Unit 616, 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, June 2019: AED 45,000 a yearRenewal, June 2020: AED 40,000 a yearRenewal, June 2021: AED 36,000 a yearRenewal, June 2022: AED 36,000 a yearNew contract, June 2023: AED 41,400 a yearNew contract, March 2024: AED 58,800 a yearNew contract, May 2024: AED 72,000 a yearRenewal, May 2025: AED 72,000 a yearRenewal, May 2025: AED 72,000 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 616 sits

All 136 1-beds →

616 last sold in October 2022 at AED 692 per sqft, 9% above what one-beds in Topaz Residences 1 were fetching at the time (AED 634). 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. 616's AED 72,000 is in the upper 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

616, Topaz Residences 1 in numbers

  • Sold twice: first on 15 March 2017 for AED 632,063, last on 19 October 2022 for AED 480,000 (AED 692 per sqft).
  • Rented since June 2019 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2022 and recovered to AED 72,000 by May 2025.
  • At AED 72,000 a year the gross yield on the 2022 price is 15.0%, before a service charge of about AED 8,900 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 20 May 2025.

Questions about 616, Topaz Residences 1

What did unit 616 last sell for?

AED 480,000 on 19 October 2022: AED 692 per sqft for 693 sqft. The unit has 2 registered sales; the first was AED 632,063 in March 2017.

What is the rent for unit 616?

AED 72,000 a year on the contract renewed on 20 May 2025. The previous contract, from May 2025, was AED 72,000; the unit has been rented since June 2019.

How big is unit 616?

693 sqft (64.4 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2016.

What is unit 616 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 616, Topaz Residences 1

Starts from the last sale price (AED 480K, 19 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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