708, Topaz Residences 1
Sold prices and rental history: sold twice, last in November 2023, 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 708, Topaz Residences 1
What is 708 worth today?
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Source: Dubai Land Department. Updated 26 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 792 sqft
- Floor
- 7th of 8
- Parking
- G-111
- Developer
- Gulf General Investments Co
- Completed
- 2016
- Service charge
- AED 10,100 /yr
- Last sold
- AED 580K · November 2023
- Building
- Topaz Residences 1
About 708, Topaz Residences 1
708 is a one-bedroom apartment of 792 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. It last sold on 14 November 2023 for AED 580,000, or AED 732 per sqft, 9% above the AED 671 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 26 September 2024, is AED 70,000 a year: a gross yield of 12.1% on the 2023 price, before the service charge of about AED 10,100 a year.
Sales and rents for 708 over time
708 has sold twice; 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 708 sits
All 136 1-beds →708 last sold in November 2023 at AED 732 per sqft, 9% above what one-beds in Topaz Residences 1 were fetching at the time (AED 671). 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. 708's AED 70,000 is in the upper 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 | |
| 706 | 1-bed | 770 sqft | AED 695KAED 694,656 · Apr 2016April 2016 | 44,100 /yr | |
| 707 | 1-bed | 710 sqft | AED 490KAED 490,000 · Jul 2023July 2023 | 46,200 /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 |
708, Topaz Residences 1 in numbers
- Sold twice: first on 17 July 2017 for AED 718,766, last on 14 November 2023 for AED 580,000 (AED 732 per sqft).
- Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 36,000 in 2021 and recovered to AED 70,000 by September 2024.
- At AED 70,000 a year the gross yield on the 2023 price is 12.1%, before a service charge of about AED 10,100 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 26 September 2024.
Questions about 708, Topaz Residences 1
What did unit 708 last sell for?
AED 580,000 on 14 November 2023: AED 732 per sqft for 792 sqft. The unit has 2 registered sales; the first was AED 718,766 in July 2017.
What is the rent for unit 708?
AED 70,000 a year on the contract signed on 26 September 2024. The previous contract, from October 2022, was AED 38,000; the unit has been rented since April 2019.
How big is unit 708?
792 sqft (73.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.
What is unit 708 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 708, Topaz Residences 1
Starts from the last sale price (AED 580K, 14 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →