1-bed · 694 sqftTopaz Residences 1, Dubai Silicon Oasis · 1st floor · completed 2016

115, Topaz Residences 1

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 648K16 December 2015
Current rentAED 43K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Topaz Residences 1

What is 115 worth today?

Last sold for AED 647,783 in 2015

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1 Jan 2024RentedRenewal
AED 43,000/yr12 months · AED 62 per sqft
1 Jan 2022RentedRenewal
AED 35,000/yr12 months · AED 51 per sqft
1 Jan 2021RentedNew contract
AED 35,000/yr12 months · AED 51 per sqft
20 Sep 2019RentedNew contract
AED 41,000/yr12 months · AED 60 per sqft
16 Dec 2015Sold by developerOff-plan
AED 647,783AED 933 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2024.

Key facts

Type
1-bed apartment
Size
694 sqft
Floor
1st of 8
Parking
G-40
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 648K · December 2015

About 115, Topaz Residences 1

115 is a one-bedroom apartment of 694 sqft on the 1st floor of Topaz Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by Gulf General Investments Co. The developer sold it on 16 December 2015 for AED 647,783, or AED 933 per sqft, in line with the AED 906 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 43,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 8,900 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Topaz Residences 1
500K600K700K2015201820212024Typical sale price by year: 2015 AED 672,933; 2016 AED 672,855; 2017 AED 669,213; 2019 AED 659,680; 2020 AED 501,295; 2021 AED 460,000; 2022 AED 455,000; 2023 AED 495,000; 2024 AED 587,500; 2025 AED 637,500Sold by developer, December 2015: AED 647,783 (AED 933 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Topaz Residences 1
40K60K20192021202320252027Typical rent by year: 2019 AED 46,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,000; 2023 AED 43,000; 2024 AED 50,000; 2025 AED 56,500; 2026 AED 59,000New contract, September 2019: AED 41,000 a yearNew contract, January 2021: AED 35,000 a yearRenewal, January 2022: AED 35,000 a yearRenewal, January 2024: AED 43,000 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 1, and where 115 sits

All 133 1-beds →

115 last sold in December 2015 at AED 933 per sqft, in line with what one-beds in Topaz Residences 1 were fetching at the time (AED 906). Over the last 12 months one-beds sold for AED 730,000 to 810,000, around AED 954 per sqft, and rent for AED 39,690 to 78,000 a year. 115's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 2026810,000
18 Dec 2025730,000
31 Jul 2025600,000
16 Jun 2025524,416
2 1-bed sales in the last 12 months

Topaz Residences 1

Building

136 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2016 by Gulf General Investments Co. 2 sold in the last 12 months.

Typical price per sqft
AED 954
Typical sale
AED 770K
Typical rent
AED 57K /yr
Typical yield
8.2%
Topaz Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 136 units in Topaz Residences 1
Value
1011-bedAED 500K · Nov 2020
1021-bedAED 510K · Jun 2022
1031-bedAED 730K · Oct 2015
104AED 500K · Jun 2023
1051-bedAED 770K · Jan 2016
1061-bedAED 688K · Mar 2016
1071-bedAED 485K · Dec 2023
1–7 of 16

115, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 16 December 2015 for AED 647,783, or AED 933 per sqft.
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 41,000 to AED 35,000 in 2022 and recovered to AED 43,000 by January 2024.
  • At AED 43,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 8,900 a year (AED 12.79 per sqft).
  • One-beds in Topaz Residences 1 sold for AED 730,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 954 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2024.

Questions about 115, Topaz Residences 1

What did unit 115 last sell for?

AED 647,783 on 16 December 2015, sold by the developer: AED 933 per sqft for 694 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 43,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2022, was AED 35,000; the unit has been rented since September 2019.

How big is unit 115?

694 sqft (64.5 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2016.

What is unit 115 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 1 sold for AED 730,000 to 810,000 in the last 12 months, around AED 954 per sqft.

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Mortgage on 115, Topaz Residences 1

Starts from the last sale price (AED 648K, 16 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 647,783
Deposit, UAE resident (20%)
AED 129,557
Deposit, non-resident (40%)
AED 259,113
Monthly over 25 years at 3.7%
AED 2,650

Plus AED 32,217 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →