706, Topaz Residences 1
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Topaz Residences 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 770 sqft
- Floor
- 7th of 8
- Parking
- G-118
- Developer
- Gulf General Investments Co
- Completed
- 2016
- Service charge
- AED 9,800 /yr
- Last sold
- AED 695K · April 2016
- Building
- Topaz Residences 1
About 706, Topaz Residences 1
706 is a one-bedroom apartment of 770 sqft on the 7th 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 17 April 2016 for AED 694,656, or AED 902 per sqft, in line with the AED 906 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 44,100 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 9,800 a year.
Sales and rents for 706 over time
706 has sold once; the dashed line is the one-bed median of each year in the building.
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 706 sits
All 136 1-beds →706 last sold in April 2016 at AED 902 per sqft, in line with 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. 706's AED 44,100 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 656 sqft | 715,000 | 1,089 | ||
| 9 Jul 20269 July 2026 | 693 sqft | 710,000 | 1,023 | ||
| 2 Jul 20262 July 2026 | 813 sqft | 725,000 | 891 | ||
| 9 Feb 20269 February 2026 | 850 sqft | 810,000 | 952 |
Topaz Residences 1
Building136 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%
Other units on the 7th floor
All 136 units in Topaz Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 773 sqft | AED 706KAED 706,289 · Oct 2015October 2015 | ||
| 702 | 1-bed | 852 sqft | AED 778KAED 777,964 · Sep 2015September 2015 | 68,000 /yr | |
| 703 | 1-bed | 828 sqft | AED 580KAED 580,000 · Dec 2023December 2023 | 39,000 /yr | |
| 704 | 1-bed | 764 sqft | AED 645KAED 645,000 · Feb 2025February 2025 | 64,000 /yr | |
| 705 | 1-bed | 850 sqft | AED 460KAED 460,000 · Feb 2022February 2022 | 62,000 /yr | |
| 707 | 1-bed | 710 sqft | AED 490KAED 490,000 · Jul 2023July 2023 | 46,200 /yr | |
| 708 | 1-bed | 792 sqft | AED 580KAED 580,000 · Nov 2023November 2023 | 70,000 /yr | |
| 709 | 1-bed | 766 sqft | AED 690KAED 690,100 · Sep 2015September 2015 | 42,735 /yr | |
| 710 | 1-bed | 778 sqft | AED 731KAED 731,100 · Sep 2015September 2015 | 57,000 /yr | |
| 711 | 1-bed | 740 sqft | AED 668KAED 667,540 · Nov 2016November 2016 | 38,000 /yr | |
| 712 | 1-bed | 720 sqft | AED 560KAED 560,000 · Jan 2024January 2024 | 60,000 /yr | |
| 713 | 1-bed | 736 sqft | AED 695KAED 695,038 · Feb 2016February 2016 | 44,872 /yr | |
| 714 | 1-bed | 658 sqft | AED 603KAED 602,534 · Oct 2016October 2016 | 50,000 /yr | |
| 715 | 1-bed | 693 sqft | AED 610KAED 610,000 · Nov 2024November 2024 | 64,000 /yr | |
| 716 | 1-bed | 693 sqft | AED 465KAED 465,000 · Jun 2023June 2023 | 50,400 /yr | |
| 717 | 1-bed | 616 sqft | AED 505KAED 505,000 · Sep 2023September 2023 | 55,000 /yr |
706, Topaz Residences 1 in numbers
- Sold once: by Gulf General Investments Co on 17 April 2016 for AED 694,656, or AED 902 per sqft.
- Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 34,200 in 2021 and recovered to AED 44,100 by May 2024.
- At AED 44,100 a year the gross yield on the 2016 price is 6.3%, 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 1 May 2024.
Questions about 706, Topaz Residences 1
What did unit 706 last sell for?
AED 694,656 on 17 April 2016, sold by the developer: AED 902 per sqft for 770 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 44,100 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 42,000; the unit has been rented since May 2019.
How big is unit 706?
770 sqft (71.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.
What is unit 706 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 706, Topaz Residences 1
Starts from the last sale price (AED 695K, 17 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 694,656
- Deposit, UAE resident (20%)
- AED 138,931
- Deposit, non-resident (40%)
- AED 277,862
- Monthly over 25 years at 3.7%
- AED 2,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →