1-bed · 935 sqftTopaz Residences 2, Dubai Silicon Oasis · 7th floor · completed 2022

724, Topaz Residences 2

Sold prices and rental history: sold once, by the developer in February 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 836K20 February 2024
Current rentAED 70K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 724, Topaz Residences 2

What is 724 worth today?

Last sold for AED 836,000 in 2024

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20 Jul 2026RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft
16 Jul 2025RentedNew contract
AED 69,000/yr12 months · AED 73 per sqft
20 Feb 2024Sold by developerOff-plan
AED 836,000AED 894 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
935 sqft
Floor
7th of 8
Parking
1
Developer
Gulf General Investments Co
Completed
2022
Last sold
AED 836K · February 2024

About 724, Topaz Residences 2

724 is a one-bedroom apartment of 935 sqft on the 7th 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 20 February 2024 for AED 836,000, or AED 894 per sqft, 6% above the AED 842 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 July 2026, is AED 70,000 a year: a gross yield of 8.4% on the 2024 price.

Sales and rents for 724 over time

Sales
Unit 724, 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, February 2024: AED 836,000 (AED 894 per sqft)

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

Rents
Unit 724, each contractTypical one-bed in Topaz Residences 2
70K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 74,500; 2026 AED 75,000New contract, July 2025: AED 69,000 a yearNew contract, July 2026: AED 70,000 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 724 sits

All 101 1-beds →

724 last sold in February 2024 at AED 894 per sqft, 6% above what one-beds in Topaz Residences 2 were fetching at the time (AED 842). 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. 724's AED 70,000 is at the bottom 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 7th floor

All 101 units in Topaz Residences 2
Value
7011-bedAED 1.01M · Oct 2024
7021-bedAED 980K · Jun 2024
7031-bedAED 792K · Jun 2024
7041-bedAED 1.17M · Feb 2026
7051-bedAED 800K · Jun 2024
7061-bedAED 887K · Sep 2024
7071-bedAED 800K · Jul 2024
1–7 of 24

724, Topaz Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 20 February 2024 for AED 836,000, or AED 894 per sqft.
  • Rented since July 2025 on 2 Ejari contracts, from AED 69,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 8.4%.
  • 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 20 July 2026.

Questions about 724, Topaz Residences 2

What did unit 724 last sell for?

AED 836,000 on 20 February 2024, sold by the developer: AED 894 per sqft for 935 sqft. It is the only registered sale of the unit.

What is the rent for unit 724?

AED 70,000 a year on the contract signed on 20 July 2026. The previous contract, from July 2025, was AED 69,000.

How big is unit 724?

935 sqft (86.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2022.

What is unit 724 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 724, Topaz Residences 2

Starts from the last sale price (AED 836K, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 836,000
Deposit, UAE resident (20%)
AED 167,200
Deposit, non-resident (40%)
AED 334,400
Monthly over 25 years at 3.7%
AED 3,420

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