1-bed · 740 sqftTopaz Residences 1, Dubai Silicon Oasis · 7th floor · completed 2016

711, Topaz Residences 1

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 15 October 2022
Last soldAED 668K22 November 2016
Current rentAED 38K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Topaz Residences 1

What is 711 worth today?

Last sold for AED 667,540 in 2016

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15 Oct 2022RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
1 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
12 Jun 2020RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
3 May 2019RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft
22 Nov 2016Sold by developerOff-plan
AED 667,540AED 901 per sqft

Source: Dubai Land Department. Updated 15 October 2022.

Key facts

Type
1-bed apartment
Size
740 sqft
Floor
7th of 8
Parking
G-129
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,500 /yr
Last sold
AED 668K · November 2016

About 711, Topaz Residences 1

711 is a one-bedroom apartment of 740 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 22 November 2016 for AED 667,540, or AED 901 per sqft, in line with the AED 905 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 October 2022, is AED 38,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 9,500 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, November 2016: AED 667,540 (AED 901 per sqft)

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

Rents
Unit 711, 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 44,000 a yearNew contract, June 2020: AED 35,000 a yearNew contract, October 2021: AED 35,000 a yearNew contract, October 2022: AED 38,000 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 711 sits

All 136 1-beds →

711 last sold in November 2016 at AED 901 per sqft, in line with what one-beds in Topaz Residences 1 were fetching at the time (AED 905). 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. 711's AED 38,000 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 7th floor

All 136 units in Topaz Residences 1
Value
7011-bedAED 706K · Oct 2015
7021-bedAED 778K · Sep 2015
7031-bedAED 580K · Dec 2023
7041-bedAED 645K · Feb 2025
7051-bedAED 460K · Feb 2022
7061-bedAED 695K · Apr 2016
7071-bedAED 490K · Jul 2023
1–7 of 16

711, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 22 November 2016 for AED 667,540, or AED 901 per sqft.
  • Rented since May 2019 on 4 Ejari contracts, from AED 44,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 9,500 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 15 October 2022.

Questions about 711, Topaz Residences 1

What did unit 711 last sell for?

AED 667,540 on 22 November 2016, sold by the developer: AED 901 per sqft for 740 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 38,000 a year on the contract signed on 15 October 2022. The previous contract, from October 2021, was AED 35,000; the unit has been rented since May 2019.

How big is unit 711?

740 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit 711 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 711, Topaz Residences 1

Starts from the last sale price (AED 668K, 22 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 667,540
Deposit, UAE resident (20%)
AED 133,508
Deposit, non-resident (40%)
AED 267,016
Monthly over 25 years at 3.7%
AED 2,731

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