1-bed · 917 sqftTopaz Residences 2, Dubai Silicon Oasis · 7th floor · completed 2022

722, 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 722 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 869K4 June 2024
Current rentAED 65K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 722, Topaz Residences 2

What is 722 worth today?

Last sold for AED 868,706 in 2024

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1 Aug 2024RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
4 Jun 2024Sold by developerOff-plan
AED 868,706AED 947 per sqft

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

Key facts

Type
1-bed apartment
Size
917 sqft
Floor
7th of 8
Parking
1
Developer
Gulf General Investments Co
Completed
2022
Last sold
AED 869K · June 2024

About 722, Topaz Residences 2

722 is a one-bedroom apartment of 917 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 4 June 2024 for AED 868,706, or AED 947 per sqft, 12% above the AED 843 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, signed on 1 August 2024, is AED 65,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 722 over time

Sales
Unit 722, 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 868,706 (AED 947 per sqft)

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

Rents
Unit 722, each contractTypical one-bed in Topaz Residences 2
65K70K75K202420252026Typical rent by year: 2024 AED 72,000; 2025 AED 75,000New contract, August 2024: AED 65,000 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 722 sits

All 95 1-beds →

722 last sold in June 2024 at AED 947 per sqft, 12% above 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. 722's AED 65,000 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
7031-bedAED 792K · Jun 2024
7041-bedAED 1.07M · Mar 2025
7051-bedAED 800K · Jun 2024
7061-bedAED 887K · Sep 2024
7071-bedAED 800K · Jul 2024
1–7 of 24

722, Topaz Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 4 June 2024 for AED 868,706, or AED 947 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 1 August 2024.

Questions about 722, Topaz Residences 2

What did unit 722 last sell for?

AED 868,706 on 4 June 2024, sold by the developer: AED 947 per sqft for 917 sqft. It is the only registered sale of the unit.

What is the rent for unit 722?

AED 65,000 a year on the contract signed on 1 August 2024.

How big is unit 722?

917 sqft (85.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2022.

What is unit 722 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 722, Topaz Residences 2

Starts from the last sale price (AED 869K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 868,706
Deposit, UAE resident (20%)
AED 173,741
Deposit, non-resident (40%)
AED 347,482
Monthly over 25 years at 3.7%
AED 3,554

Plus AED 41,495 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →