Topaz Residences 1

Completed · Q4 2018|136 units · 1 building

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Topaz Residences 1 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Silicon Oasis, Nadd Hessa, comprising 136 registered units. 228 sales are registered with the Dubai Land Department, at a current PIX© price of AED 989 per sqft. At AED 989 per sqft, Topaz Residences 1 prices 26% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.

PIX© price · ↑16.1% YoY

739KAED

Typical

989AED

PSF

Gross yield

5.2%

PIX© rent ÷ PIX© price

Sale records

228

DLD · all time

Rent contracts

681

Ejari · all time

SATELLITE

LocationSilicon Oasis in Nadd Hessa

Drive times · typical

Downtown Dubai20 min · 19.8 km

DXB Airport18 min · 19.3 km

DIFC23 min · 22.2 km

Dubai Marina32 min · 37.2 km

Palm Jumeirah34 min · 38.9 km

Nearest · straight-line

Metro stationRashidiya Dubai11.1 km

MallQ1 Mall - Dubai Silicon Oasis 10.3 km

SchoolGTR Recording Studio0.2 km

HospitalFakeeh Medicentres Moms and Kids - Dubai Silicon Oasis0.3 km

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Topaz Residences 1989AED/sqft · project-wide

1 Bed

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
1 Bed 616 – 877 sqft	136	0	0	0.0%		0	0.0%

Sales — 1 Bed228 DLD records

PIX© price analysis

All time

Not enough monthly records to draw a trend

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Recent record preview unavailable for this product.

Rentals — 1 Bed681 Ejari contracts

PIX© rent analysis

All time

Not enough monthly records to draw a trend

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Corporate

Floor Analysis

last 24 months

Floors	Median Rent / Yr
All floors	144 rentals
Floors 1-2	47 rentals
Floors 3-8	97 rentals

Median Rent / Yr · 144 rentals

Floors 1-2 · 47 rentals

Floors 3-8 · 97 rentals

Latest contracts

No recent contracts in the preview window.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Topaz Residences 1

Compared with

Uniestate Millennium Tower

PIX© PSF

1,000

Rank

#9 of 53

#8 of 53

Typical price

719K

Yield

8.7%

Units

136

128

Sales

Rents

171

Developer

GULF GENERAL INVESTMENTS CO. (P.S.C)

UNIESTATE PROPERTIES L.L.C

Handover

2018

2017

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	T88	—					32	53
	Topaz Residences 2 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2022	202					52	221
	Binghatti Point Binghatti Developers FZE · 2022	127					55	230
	Le Presidium CREDO INVESTMENTS F Z E · 2016	200					52	190
	Uniestate Millennium Tower UNIESTATE PROPERTIES L.L.C · 2017	128					75	171
9	Topaz Residences 1 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2018	136	1,000	Subject	719K	8.7%	58	171
	Axis Silver GULF GENERAL INVESTMENTS CO. (P.S.C) · 2015	120					44	118
	Topaz Residences 3 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2020	112					63	151
	Altia Residence Y A S DEVELOPERS fze · 2016	101					87	92
	Platinum Residence 1 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2016	120					50	142
	La Vista 03 AL MANAL DEVELOPMENT FZCO · 2015	128					57	169

Community median 877 AED/sqft. Showing the closest-ranked peers of 53 ranked projects in the community. 10 community projects excluded for insufficient recorded sales. 11 excluded for trading only in the off-plan market. 7 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Silicon Oasis

The closest-priced registered projects in Silicon Oasis.

Altia ResidenceAED 986/sqft
Axis SilverAED 997/sqft
Selicon Star 2AED 1,003/sqft
Khansaheb 1AED 1,007/sqft
Ruby ResidenceAED 968/sqft
Platinum Residence 2AED 964/sqft

Common questions about Topaz Residences 1

Answered from Dubai Land Department registered transactions.

How much does a property in Topaz Residences 1 cost?

Property in Topaz Residences 1 sells at a current PIX© price of AED 989 per sqft, or about AED 739,457 for a typical unit, based on 228 sales registered with the Dubai Land Department.

Is Topaz Residences 1 completed?

Yes. Topaz Residences 1 is recorded as completed in the Dubai Land Department project register (completed q4 2018).

Who is the developer of Topaz Residences 1?

Topaz Residences 1 is developed by GULF GENERAL INVESTMENTS CO. (P.S.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Topaz Residences 1?

Topaz Residences 1 yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 681 registered Ejari contracts.

How many units are in Topaz Residences 1?

Topaz Residences 1 holds 136 registered units, per the Dubai Land Department unit register.

Have prices in Topaz Residences 1 gone up or down?

Price per sqft has risen +16.1% over the last 12 months, to AED 989, across 228 registered sales.