Topaz Avenue
About the project
(sq. ft.)
Topaz Avenue is a 17-storey residential complex located in the Al Furjan district of Dubai. The project was developed by Grand Properties. Construction began in 2018 and was completed in 2020.
The complex has a total of 208 residential units, and properties include one- to three-bedroom apartments. Units have staff accommodations, modern kitchens, and balconies. Residents can enjoy a variety of amenities, including:
- Gym
- Swimming pool
- Outdoor Jacuzzi
- Sauna and steam room
- Children’s playground
- Underground parking
Apartments range in size from 1,010 sq. ft. (94 sq. m) to 1,989 sq. ft. (185 sq. m), and properties in Al Furjan have an average price of AED 964,000 (USD 263,000).
*The price is valid for 2021
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Location
Topaz Avenue is situated in Al Furjan, a well-developed area of Dubai. The Manor Hotel bus stop can be reached within a five-minute walk of the complex.
Residents have easy access to a wide selection of retail stores located near the building. Pet Nation and Emirates Co-operative Society Supermarket are adjacent to the complex. The Grocery, Meat Nation, and Prime Mart Supermarket can be reached within a 10-minute walk.
The complex is located within a five-minute walk of many restaurants and cafés, including:
- The Manor Restaurant
- The Manor Lobby Café
- The Hyderabad Fusion Restaurant
- Sirwah Mandi & Mazbi
Residents can take advantage of local schools. The Arbor School is located within a 10-minute walk of the apartments, and Ghaf Private School and Dove Green Private School can be reached within a 10-minute drive.
Topaz Avenue is also situated within a short drive of several popular destinations, including:
- Switch Bowling Club and Ibn Battuta Mall – 10 minutes
- Novo Cinema and Jebel Ali Village Cinema – 10 minutes
- Expo Park and JLT Park – 15 minutes
- Marina Beach – 15 minutes
- The Walk JBR and Dubai International Stadium – 15 minutes
- Jumeirah Golf Estates Golf Course, the Els Golf Club, and Montgomerie Golf Course – 15 minutes
- Butterfly Garden and Dubai Autodrome – 20 minutes
Payback
Al Furjan is a vibrant part of Dubai, and it offers a well-developed infrastructure and easy access to popular attractions. As a result, properties in Al Furjan are in high demand.
Topaz Avenue is one of the area’s most popular residential complexes. Properties have a return on investment rate of approximately 6.72%. Units can be purchased to subsequently rent out. The annual rental rate for an apartment at Topaz Avenue ranges from AED 55,000 (USD 15,000) to AED 75,000 (USD 21,000), depending on the floor plan. The average payback period for apartments in the area ranges from 15 to 18 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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