1-bed · 911 sqftTopaz Residences 2, Dubai Silicon Oasis · 7th floor · completed 2022

703, Topaz Residences 2

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

Unit 703 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 792K12 June 2024
Current rentAED 72K /yr8 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Topaz Residences 2

What is 703 worth today?

Last sold for AED 791,765 in 2024

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8 Aug 2024RentedNew contract
AED 72,000/yr12 months · AED 79 per sqft
12 Jun 2024Sold by developerOff-plan
AED 791,765AED 868 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2024.

Key facts

Type
1-bed apartment
Size
911 sqft
Floor
7th of 8
Parking
G-124
Developer
Gulf General Investments Co
Completed
2022
Last sold
AED 792K · June 2024

About 703, Topaz Residences 2

703 is a one-bedroom apartment of 911 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 12 June 2024 for AED 791,765, or AED 868 per sqft, in line with the AED 843 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 August 2024. The current contract, signed on 8 August 2024, is AED 72,000 a year: a gross yield of 9.1% on the 2024 price.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Topaz Residences 2
600K800K2016201920222025Typical sale price by year: 2016 AED 800,604; 2017 AED 747,546; 2018 AED 756,571; 2019 AED 643,982; 2023 AED 779,285; 2024 AED 845,000; 2025 AED 930,000Sold by developer, June 2024: AED 791,765 (AED 868 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Topaz Residences 2
72K74K202420252026Typical rent by year: 2024 AED 72,000; 2025 AED 75,000New contract, August 2024: AED 72,000 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 703 sits

All 95 1-beds →

703 last sold in June 2024 at AED 868 per sqft, in line with what one-beds in Topaz Residences 2 were fetching at the time (AED 843). Over the last 12 months one-beds sold for AED 1,043,178 to 1,100,000, around AED 1,109 per sqft, and rent for AED 73,000 to 85,000 a year. 703's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,100,000
15 Dec 20251,100,000
15 Jul 2025920,000
9 Jul 2025980,000
3 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,109
Typical sale
AED 1.1M
Typical rent
AED 79K /yr
Typical yield
6.7%
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
7041-bedAED 1.07M · Mar 2025
7051-bedAED 800K · Jun 2024
7061-bedAED 887K · Sep 2024
7071-bedAED 800K · Jul 2024
7081-bedAED 785K · May 2024
1–7 of 24

703, Topaz Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 12 June 2024 for AED 791,765, or AED 868 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2024 price is 9.1%.
  • One-beds in Topaz Residences 2 sold for AED 1,043,178–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,109 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2024.

Questions about 703, Topaz Residences 2

What did unit 703 last sell for?

AED 791,765 on 12 June 2024, sold by the developer: AED 868 per sqft for 911 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 72,000 a year on the contract signed on 8 August 2024.

How big is unit 703?

911 sqft (84.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2022.

What is unit 703 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 1,043,178 to 1,100,000 in the last 12 months, around AED 1,109 per sqft.

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Mortgage on 703, Topaz Residences 2

Starts from the last sale price (AED 792K, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 791,765
Deposit, UAE resident (20%)
AED 158,353
Deposit, non-resident (40%)
AED 316,706
Monthly over 25 years at 3.7%
AED 3,239

Plus AED 38,265 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →