505, Topaz Residences 3
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Topaz Residences 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 900 sqft
- Parking
- G-25
- Developer
- Gulf General Investments Co
- Completed
- 2020
- Service charge
- AED 11,500 /yr
- Last sold
- AED 707K · November 2024
- Building
- Topaz Residences 3
About 505, Topaz Residences 3
505 is a one-bedroom apartment of 900 sqft of Topaz Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2020 by Gulf General Investments Co. It last sold on 5 November 2024 for AED 707,338, or AED 785 per sqft, in line with the AED 785 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 November 2024, is AED 50,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 11,500 a year.
Sales and rents for 505 over time
505 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 3, and where 505 sits
All 112 1-beds →505 last sold in November 2024 at AED 785 per sqft, in line with what one-beds in Topaz Residences 3 were fetching at the time (AED 785). Over the last 12 months one-beds sold for AED 840,000 to 985,000, around AED 977 per sqft, and rent for AED 25,000 to 80,000 a year. 505's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 890 sqft | 870,000 | 977 | ||
| 23 Jul 202623 July 2026 | 890 sqft | 880,000 | 988 | ||
| 2 Jul 20262 July 2026 | 940 sqft | 985,000 | 1,047 | ||
| 2 Apr 20262 April 2026 | 925 sqft | 940,000 | 1,015 |
Topaz Residences 3
Building15 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2020 by Gulf General Investments Co. 13 sold in the last 12 months.
- Typical price per sqft
- AED 977 Up 9.4%
- Typical sale
- AED 870K
- Typical rent
- AED 68K /yr
- Typical yield
- 7.6%
505, Topaz Residences 3 in numbers
- Sold twice: first on 17 July 2017 for AED 707,338, last on 5 November 2024 for AED 707,338 (AED 785 per sqft).
- Rented since April 2020 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 38,000 in 2021 and recovered to AED 50,000 by November 2024.
- At AED 50,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 11,500 a year (AED 12.79 per sqft).
- One-beds in Topaz Residences 3 sold for AED 840,000–985,000 in the 12 months to November 2026; the building's median across all types is AED 977 per sqft.
Source: Dubai Land Department. Updated 20 November 2024.
Questions about 505, Topaz Residences 3
What did unit 505 last sell for?
AED 707,338 on 5 November 2024: AED 785 per sqft for 900 sqft. The unit has 2 registered sales; the first was AED 707,338 in July 2017.
What is the rent for unit 505?
AED 50,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2022, was AED 46,000; the unit has been rented since April 2020.
How big is unit 505?
900 sqft (83.6 sqm): a one-bedroom apartment of a 8-storey tower completed in 2020.
What is unit 505 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 3 sold for AED 840,000 to 985,000 in the last 12 months, around AED 977 per sqft.
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Mortgage on 505, Topaz Residences 3
Starts from the last sale price (AED 707K, 5 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 707,338
- Deposit, UAE resident (20%)
- AED 141,468
- Deposit, non-resident (40%)
- AED 282,935
- Monthly over 25 years at 3.7%
- AED 2,894
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →