Topaz Premium Residences Dubai Silicon Oasis Dubai

Topaz Premium Residences is a completed apartment building in Dubai Silicon Oasis (DSO), built by GGICO, the Gulf General Investment Company. It was finished in August 2016 and holds 112 apartments, every one of them a one-bedroom, with units listed from about 917 sq ft. It sits beside GGICO's Topaz Residence 1, 2 and 3, which add 448 more one-bedrooms to the cluster.

The source listing puts the start at AED 850,000 (about Rs 2.19 crore), and several portal pages print the same figure. This is a resale: there is no payment plan and no handover to wait for, and Topaz one-bedrooms rent for about AED 55,000 to 70,000 a year. The page below works out what a unit costs to buy and what it can earn.

At a glance

Price and unit pricing

We print AED 850,000 because the source listing gives it and three portal pages agree with it for Topaz Premium Residences. One portal page prints AED 771 per sq ft beside the same AED 850,000, which would only fit a unit of about 1,100 sq ft; on the 917 sq ft plan the price works out to about AED 927 per sq ft. The two figures do not reconcile, so treat the AED 771 rate as a page error or a larger unit.

The lower AED 580,000 figure is for the wider Topaz Residences cluster, not this building, and the AED 536,892 figure is phase 1's launch price from 2014. They show how far prices have moved: this is roughly a 58% rise over the launch price, before rent.

Against Dubai Silicon Oasis

A 2026 DSO guide puts one-bedroom apartments at AED 650,000 to 950,000, so AED 850,000 sits in the upper half, which fits a large unit. Nearby, the finished Binghatti Point starts at about AED 709,999 for one-bedrooms of about 822 to 893 sq ft, a lower entry for a smaller, newer flat. Off-plan towers such as Timez by Danube start one-bedrooms at about 545 sq ft, so Topaz gives you roughly two-thirds more floor space for a similar budget, in return for age.

Payment plan and total cost

This is a resale. You sign a sale MOU with the seller, pay a deposit (usually 10%, held by the broker or trustee), and pay the balance at the DLD trustee office on transfer day, in cash or with a UAE mortgage. The launch plan GGICO used, 30% down and the rest over about three years after completion, has long since run its course.

Worked example: a AED 850,000 one-bedroom bought in cash

A broker charges 2% plus VAT, AED 17,850 on this price. With a mortgage, the DLD adds 0.25% of the loan plus AED 290 to register it, and the bank charges valuation and arrangement fees; non-residents usually borrow a smaller share of the price than residents, so ask the bank first.

Running costs. DSO service charges are listed at about AED 16.9 per sq ft a year for 2026, about AED 15,500 a year on a 917 sq ft unit. DSO runs on district cooling, which costs AED 4,500 to 15,000 a year for an apartment; a tenant normally pays it, but an owner pays it while the flat is empty. Ask the seller for the latest service-charge statement and a no-objection certificate, which the developer issues only once dues are cleared.

Location and connectivity

Dubai Silicon Oasis is a technology park and residential district on the eastern side of the city, bounded by Dubai-Al Ain Road (E66) and Sheikh Mohammed Bin Zayed Road (E311). Dubai International Airport (DXB) and Downtown Dubai are typically 20 to 25 minutes by car outside peak hours, and Dubai Academic City sits next door. Silicon Central Mall and a strip of shops and supermarkets serve the community.

The Topaz buildings are low-rise, G+8, in a settled part of DSO. There is no Dubai Metro station in the community; residents drive or use buses and taxis. That keeps rents lower than in the Marina or Downtown, and it is also why yields are higher.

DSO is busy with new supply: Danube, Binghatti, Ellington and Deyaar all have towers launching or finishing here. That is good for the district's shops and schools and harder for landlords, since new buildings compete for the same tenants. For other DSO options, see Deyaar Ruby Residence, also ready but priced from about AED 1.17 M, or browse all Dubai projects we track and the full projects list.

Amenities and specifications

GGICO's launch material and the portal pages quote a rooftop health club with separate swimming pools for men and women, a steam room, a gym and 24-hour security, plus covered parking. The Topaz cluster also has jacuzzis and a children's pool on the sister buildings.

Inside, the one-bedrooms were sold as Italian-designed, with large balconies, fitted kitchens, built-in wardrobes and bathrooms, and the launch coverage says a cooker, washing machine, fridge and microwave were supplied. Ten years on, that means original fittings in many units. Check the kitchen, bathroom seals, air-conditioning units and water heater, and budget for a refresh if the flat has been let for years.

The sources checked do not publish the building's sinking-fund balance or the last major maintenance. Ask the owners' association or GGICO's management team for both. Final terms as per the sale MOU and your own inspection.

About the developer

GGICO, the Gulf General Investment Company, is a Dubai-listed group with interests in property, construction and investment. In Dubai Silicon Oasis it built the whole Topaz cluster: Topaz Residence 1, 2 and 3, three G+8 buildings with 448 one-bedroom apartments on a built-up area of about 64,839 sq m, and Topaz Premium Residences with 112 more.

Phase 1 launched with 240 one-bedrooms from AED 536,892. GGICO released Topaz Premium Residences units only after the building was 50% complete, and completed it in August 2016; Topaz Residence 1 was handed over around the same time and Towers 2 and 3 in 2018. For a buyer today the developer's record matters less than the building's upkeep, and GGICO still runs a leasing and management business across its DSO buildings.

For Indian buyers

Ownership. Dubai Silicon Oasis is freehold for foreign buyers. On a resale the DLD issues a new title deed in your name on transfer day. The UAE has no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 34,000 here.

Remittance. Under the Liberalised Remittance Scheme each person can send USD 250,000 per financial year. The all-in cash cost of about AED 888,780 is roughly USD 242,000, so one person can fund it in one financial year - rare among the pages in this section. TCS of 20% on remittances above Rs 10 lakh a year is adjusted against your income tax.

Golden Visa. The property route needs AED 2 million. A unit here is well under half of that.

Rent and tax. Topaz one-bedrooms are listed for rent at AED 55,000 to about 70,000 a year, averaging about AED 66,000, a gross yield near 7.8% on AED 850,000. DSO guides put one-bedroom gross yields at about 8.7%. After about AED 15,500 of service charge the net is near 5.9%, before vacancy and management. The UAE does not tax the rent; an Indian tax resident declares it in India, claims the 30% standard deduction and reports the flat as a foreign asset. Resale is quick for well-kept units in DSO, but your buyer will mostly be another investor.

Pros

• Finished and let: no construction risk and no handover wait
• About AED 927 per sq ft on the 917 sq ft plan, well below new off-plan launches in DSO
• Large one-bedrooms by Dubai standards - about 917 sq ft against 545 - 800 sq ft in newer DSO towers
• Topaz rents average about AED 66,000 a year, a gross yield near 7.8% on AED 850,000
• The all-in cash cost of about AED 888,780 fits inside one person's LRS allowance

Cons

• A ten-year-old building: check the condition of kitchens, bathrooms and air-conditioning, and the sinking fund
• Only one-bedrooms, so resale buyers are mostly investors and single tenants
• DSO service charges of about AED 16.9 per sq ft come to about AED 15,500 a year on 917 sq ft
• District cooling adds AED 4,500 - 15,000 a year, paid by the occupant
• No Dubai Metro line reaches Dubai Silicon Oasis

Who this is for

• Investors who want rent from day one at a gross yield near 7% to 8%
• First-time Dubai buyers funding one flat within a single LRS allowance
• Tenants of DSO who would rather own a large one-bedroom than rent it
• Buyers who want a finished building rather than an off-plan promise

Who should look elsewhere

• Golden Visa buyers: AED 850,000 is well short of AED 2 M
• Families who need two or more bedrooms
• Buyers who want a new building and a developer warranty
• Anyone who needs Metro access for work

Our verdict

Topaz Premium Residences is the opposite of most pages in this section: a finished, occupied building, not a launch. That makes it easier to judge. At AED 850,000 for about 917 sq ft you pay about AED 927 per sq ft for a large one-bedroom, and Topaz rents averaging about AED 66,000 a year give a gross yield near 7.8%. Take off about AED 15,500 of service charge and the net falls to about 5.9%, still solid for Dubai. The risks are age and sameness: a ten-year-old building with 112 identical one-bedrooms, in a district with no Metro and thousands of new flats coming. The numbers suit an income buyer who inspects the unit properly.

A sensible buy for an Indian investor who wants rent from the first month and can fund one flat inside one LRS allowance. Inspect the unit, ask for the service-charge statement and the sinking-fund balance, and compare the ask with recent DLD sales in the building. For a Golden Visa, a family home or a new building, look elsewhere.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Topaz Premium Residences?

The source listing and several portal pages list one-bedrooms from AED 850,000 (about Rs 2.19 crore), about AED 927 per sq ft on a 917 sq ft plan. The wider Topaz Residences cluster is quoted from AED 580,000. Recent DLD transactions for the building settle what units actually sell for.

Is it ready?

Yes. GGICO completed the building in August 2016. You get the title deed at transfer and can move in or let the flat straight away.

How many units are there and what sizes?

112 apartments, all one-bedroom. Units are listed from about 917 sq ft, and the Topaz one-bedrooms across GGICO's buildings run about 842 to 954 sq ft.

What does a Topaz one-bedroom rent for?

Rental listings in Topaz Residences run AED 55,000 to about 70,000 a year, with an average near AED 66,000. On AED 850,000 that is a gross yield of about 7.8%.

What is the service charge?

Dubai Silicon Oasis service charges are listed at about AED 16.9 per sq ft for 2026, about AED 15,500 a year on 917 sq ft. District cooling is extra, AED 4,500 to 15,000 a year, usually paid by the tenant.

What are the costs of buying?

The 4% DLD transfer fee (AED 34,000 on AED 850,000), about AED 4,200 for the registration trustee and AED 580 for the title deed: about AED 888,780 in cash. A broker adds 2% plus VAT.

Does it qualify for the Golden Visa?

No. The property route needs AED 2 M, and a unit here costs well under half of that.

Can an Indian buyer own a unit here?

Yes. Dubai Silicon Oasis is freehold for foreign buyers. At about USD 242,000 all-in, a cash purchase fits inside one person's LRS allowance of USD 250,000 a year, and the DLD issues the title deed in your name at transfer.

Compare with other Dubai projects

Also in Dubai Silicon Oasis: Timez by Danube (from AED 800,000, handover 2028), Binghatti Point (from AED 709,999, ready), Oasiz 2 (from AED 699,000, handover 2027) and Oasiz by Danube (from AED 699,000, handover 2027).

A similar budget elsewhere in Dubai: Aspirz by Danube (from AED 850,000, handover 2028), Binghatti Starlight (from AED 850,000, off-plan) and Golf Point (from AED 850,000, handover 2028).

Read next: Dubai Rental Yields by Area, Gross and Net · Resale Property in Dubai: Costs, Checks and When It Beats Off-Plan · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.