1-bed · 693 sqftTopaz Residences 1, Dubai Silicon Oasis · 1st floor · completed 2016

116, Topaz Residences 1

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 28 September 2025
Last soldAED 649K16 December 2015
Current rentAED 52K /yr28 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Topaz Residences 1

What is 116 worth today?

Last sold for AED 648,774 in 2015

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28 Sep 2025RentedRenewal
AED 52,000/yr12 months · AED 75 per sqft
28 Sep 2024RentedNew contract
AED 49,000/yr12 months · AED 71 per sqft
28 Sep 2023RentedNew contract
AED 47,000/yr12 months · AED 68 per sqft
21 Sep 2022RentedRenewal
AED 40,000/yr12 months · AED 58 per sqft
21 Sep 2021RentedRenewal
AED 40,000/yr12 months · AED 58 per sqft
21 Sep 2020RentedRenewal
AED 40,000/yr12 months · AED 58 per sqft
16 Dec 2015Sold by developerOff-plan
AED 648,774AED 936 per sqft

Source: Dubai Land Department. Updated 28 September 2025.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
1st of 8
Parking
G-39
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 649K · December 2015

About 116, Topaz Residences 1

116 is a one-bedroom apartment of 693 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 648,774, or AED 936 per sqft, 3% above the AED 906 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 28 September 2025, is AED 52,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 8,900 a year.

Sales and rents for 116 over time

Sales
Unit 116, 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 648,774 (AED 936 per sqft)

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

Rents
Unit 116, 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 59,000Renewal, September 2020: AED 40,000 a yearRenewal, September 2021: AED 40,000 a yearRenewal, September 2022: AED 40,000 a yearNew contract, September 2023: AED 47,000 a yearNew contract, September 2024: AED 49,000 a yearRenewal, September 2025: AED 52,000 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 116 sits

All 133 1-beds →

116 last sold in December 2015 at AED 936 per sqft, 3% above 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. 116's AED 52,000 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

116, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 16 December 2015 for AED 648,774, or AED 936 per sqft.
  • Rented since September 2020 on 6 Ejari contracts, from AED 40,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2015 price is 8.0%, 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: Dubai Land Department. Updated 28 September 2025.

Questions about 116, Topaz Residences 1

What did unit 116 last sell for?

AED 648,774 on 16 December 2015, sold by the developer: AED 936 per sqft for 693 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 52,000 a year on the contract renewed on 28 September 2025. The previous contract, from September 2024, was AED 49,000; the unit has been rented since September 2020.

How big is unit 116?

693 sqft (64.4 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2016.

What is unit 116 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 116, Topaz Residences 1

Starts from the last sale price (AED 649K, 16 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 648,774
Deposit, UAE resident (20%)
AED 129,755
Deposit, non-resident (40%)
AED 259,510
Monthly over 25 years at 3.7%
AED 2,654

Plus AED 32,259 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →