1-bed · 930 sqftTopaz Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2022

318, Topaz Residences 2

Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 765K17 December 2023
Current rentAED 75K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Topaz Residences 2

What is 318 worth today?

Last sold for AED 764,644 in 2023

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25 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
17 Dec 2023Sold by developerOff-plan
AED 764,644AED 822 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
930 sqft
Floor
3rd of 8
Parking
1
Developer
Gulf General Investments Co
Completed
2022
Last sold
AED 765K · December 2023

About 318, Topaz Residences 2

318 is a one-bedroom apartment of 930 sqft on the 3rd floor of Topaz Residences 2, a 8-storey tower in Dubai Silicon Oasis completed in 2022 by Gulf General Investments Co. The developer sold it on 17 December 2023 for AED 764,644, or AED 822 per sqft, in line with the AED 822 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2024. The current contract, signed on 25 September 2024, is AED 75,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical one-bed in Topaz Residences 2
600K800K1M2016201920222025Typical sale price by year: 2016 AED 800,604; 2017 AED 747,546; 2018 AED 756,571; 2019 AED 644,246; 2023 AED 779,285; 2024 AED 841,445; 2025 AED 940,000; 2026 AED 1,075,000Sold by developer, December 2023: AED 764,644 (AED 822 per sqft)

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

Rents
Unit 318, each contractTypical one-bed in Topaz Residences 2
72K74K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 74,500; 2026 AED 75,000New contract, September 2024: AED 75,000 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 2, and where 318 sits

All 101 1-beds →

318 last sold in December 2023 at AED 822 per sqft, in line with what one-beds in Topaz Residences 2 were fetching at the time (AED 822). Over the last 12 months one-beds sold for AED 1,040,000 to 1,170,000, around AED 1,114 per sqft, and rent for AED 70,000 to 86,000 a year. 318's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20261,040,000
7 Sep 20261,040,000
2 Sep 20261,100,000
18 Aug 20261,050,000
8 1-bed sales in the last 12 months

Topaz Residences 2

Building

101 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2022 by Gulf General Investments Co. 8 sold in the last 12 months.

Typical price per sqft
AED 1,114
Typical sale
AED 1.08M
Typical rent
AED 75K /yr
Typical yield
7.0%
Topaz Residences 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 101 units in Topaz Residences 2
Value
3011-bedAED 1.1M · Sep 2025
3021-bedAED 892K · Mar 2024
3031-bedAED 800K · Jul 2024
3041-bedAED 918K · Aug 2023
3051-bedAED 799K · Mar 2024
3061-bedAED 797K · Jan 2024
3071-bedAED 765K · Jan 2024
1–7 of 24

318, Topaz Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 December 2023 for AED 764,644, or AED 822 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 9.8%.
  • One-beds in Topaz Residences 2 sold for AED 1,040,000–1,170,000 in the 12 months to November 2026; the building's median across all types is AED 1,114 per sqft.

Source: Dubai Land Department. Updated 25 September 2024.

Questions about 318, Topaz Residences 2

What did unit 318 last sell for?

AED 764,644 on 17 December 2023, sold by the developer: AED 822 per sqft for 930 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 75,000 a year on the contract signed on 25 September 2024.

How big is unit 318?

930 sqft (86.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2022.

What is unit 318 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 2 sold for AED 1,040,000 to 1,170,000 in the last 12 months, around AED 1,114 per sqft.

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Mortgage on 318, Topaz Residences 2

Starts from the last sale price (AED 765K, 17 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 764,644
Deposit, UAE resident (20%)
AED 152,929
Deposit, non-resident (40%)
AED 305,858
Monthly over 25 years at 3.7%
AED 3,128

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