1-bed · 959 sqftTopaz Residences 3, Dubai Silicon Oasis · completed 2020

511, Topaz Residences 3

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 550K28 October 2020
Current rentAED 60K /yr30 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Topaz Residences 3

What is 511 worth today?

Last sold for AED 550,000 in 2020

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30 Dec 2024RentedRenewal
AED 60,000/yr12 months · AED 63 per sqft
30 Dec 2024RentedRenewal
AED 60,000/yr12 months · AED 63 per sqft
1 Dec 2023RentedNew contract
AED 55,661/yr13 months · AED 58 per sqft
10 Jul 2023RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
10 Jul 2022RentedNew contract
AED 48,000/yr12 months · AED 50 per sqft
3 Dec 2021RentedRenewal
AED 45,000/yr13 months · AED 47 per sqft
3 Nov 2020RentedNew contract
AED 45,000/yr13 months · AED 47 per sqft
28 Oct 2020SoldReady
AED 550,000AED 573 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
1-bed apartment
Size
959 sqft
Parking
G-81
Developer
Gulf General Investments Co
Completed
2020
Service charge
AED 12,300 /yr
Last sold
AED 550K · October 2020

About 511, Topaz Residences 3

511 is a one-bedroom apartment of 959 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 28 October 2020 for AED 550,000, or AED 573 per sqft, 6% below the AED 611 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 30 December 2024, is AED 60,000 a year: a gross yield of 10.9% on the 2020 price, before the service charge of about AED 12,300 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Topaz Residences 3
600K800K20152018202120242027Typical sale price by year: 2015 AED 798,817; 2016 AED 788,628; 2017 AED 736,995; 2018 AED 668,280; 2020 AED 550,000; 2022 AED 600,000; 2023 AED 600,000; 2024 AED 730,000; 2025 AED 810,000; 2026 AED 880,000Sold by developer, May 2017: AED 886,258 (AED 940 per sqft)Sold, October 2020: AED 550,000 (AED 573 per sqft)

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

Rents
Unit 511, each contractTypical one-bed in Topaz Residences 3
40K60K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 42,000; 2022 AED 44,000; 2023 AED 49,931; 2024 AED 55,000; 2025 AED 65,000; 2026 AED 68,000New contract, November 2020: AED 45,000 a yearRenewal, December 2021: AED 45,000 a yearNew contract, July 2022: AED 48,000 a yearRenewal, July 2023: AED 50,000 a yearNew contract, December 2023: AED 55,661 a yearRenewal, December 2024: AED 60,000 a yearRenewal, December 2024: AED 60,000 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 3, and where 511 sits

All 112 1-beds →

511 last sold in October 2020 at AED 573 per sqft, 6% below what one-beds in Topaz Residences 3 were fetching at the time (AED 611). 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. 511's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 2026870,000
23 Jul 2026880,000
2 Jul 2026985,000
2 Apr 2026940,000
13 1-bed sales in the last 12 months

Topaz Residences 3

Building

15 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%
Topaz Residences 3, Dubai Silicon Oasis: prices, sales and rents →

511, Topaz Residences 3 in numbers

  • Sold twice: first on 10 May 2017 for AED 886,258, last on 28 October 2020 for AED 550,000 (AED 573 per sqft).
  • Rented since November 2020 on 7 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 10.9%, before a service charge of about AED 12,300 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 30 December 2024.

Questions about 511, Topaz Residences 3

What did unit 511 last sell for?

AED 550,000 on 28 October 2020: AED 573 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 886,258 in May 2017.

What is the rent for unit 511?

AED 60,000 a year on the contract renewed on 30 December 2024. The previous contract, from December 2024, was AED 60,000; the unit has been rented since November 2020.

How big is unit 511?

959 sqft (89.1 sqm): a one-bedroom apartment of a 8-storey tower completed in 2020.

What is unit 511 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 511, Topaz Residences 3

Starts from the last sale price (AED 550K, 28 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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