1-bed · 1,148 sqftTopaz Residences 2, Dubai Silicon Oasis · 4th floor · completed 2022

404, Topaz Residences 2

Sold prices and rental history: sold once, by the developer in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 350K1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Topaz Residences 2

What is 404 worth today?

Last sold for AED 350,000 in 2024

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1 Mar 2024Sold by developerOff-plan
AED 350,000AED 308 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
1,148 sqft
Floor
4th of 8
Parking
G-211
Developer
Gulf General Investments Co
Completed
2022
Last sold
AED 350K · March 2024

About 404, Topaz Residences 2

404 is a one-bedroom apartment of 1,148 sqft on the 4th 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 1 March 2024 for AED 350,000, or AED 308 per sqft, 63% below the AED 840 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Topaz Residences 2
500K1M2016201920222025Typical 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, March 2024: AED 350,000 (AED 308 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Topaz Residences 2
72K74K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 74,500; 2026 AED 75,000

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 404 sits

All 101 1-beds →

404 last sold in March 2024 at AED 308 per sqft, 63% below what one-beds in Topaz Residences 2 were fetching at the time (AED 840). 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.

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 4th floor

All 101 units in Topaz Residences 2
Value
4021-bedAED 350K · Mar 2024
4031-bedAED 350K · Mar 2024

404, Topaz Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 1 March 2024 for AED 350,000, or AED 308 per sqft.
  • 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 1 March 2024.

Questions about 404, Topaz Residences 2

What did unit 404 last sell for?

AED 350,000 on 1 March 2024, sold by the developer: AED 308 per sqft for 1,148 sqft. It is the only registered sale of the unit.

How big is unit 404?

1,148 sqft (106.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2022.

What is unit 404 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 404, Topaz Residences 2

Starts from the last sale price (AED 350K, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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