1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 1st floor · completed 2010

111, Ruby Residence

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 383K26 June 2014
Current rentAED 44K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Ruby Residence

What is 111 worth today?

Last sold for AED 383,097 in 2014

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1 Jul 2024RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
1 Jul 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Jul 2020RentedNew contract
AED 36,000/yr12 months · AED 47 per sqft
1 Jul 2017RentedRenewal
AED 54,000/yr12 months · AED 70 per sqft
1 Jul 2016RentedNew contract
AED 58,000/yr12 months · AED 75 per sqft
10 Jun 2015RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
26 Jun 2014SoldReady
AED 383,097AED 495 per sqft
10 Jun 2014RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
1st of 8
Parking
B - 63
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 383K · June 2014

About 111, Ruby Residence

111 is a one-bedroom apartment of 773 sqft on the 1st floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 26 June 2014 for AED 383,097, or AED 495 per sqft, 52% below the AED 1,021 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 July 2024, is AED 44,000 a year: a gross yield of 11.5% on the 2014 price, before the service charge of about AED 11,000 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Ruby Residence
500K1M2009201420192024Typical sale price by year: 2009 AED 1,008,462; 2010 AED 741,795; 2011 AED 800,211; 2014 AED 786,192; 2015 AED 766,194; 2016 AED 678,281; 2017 AED 704,975; 2018 AED 647,655; 2019 AED 590,557; 2020 AED 390,000; 2021 AED 350,000; 2022 AED 382,500; 2023 AED 450,000; 2024 AED 550,000; 2025 AED 630,000Sold by developer, March 2010: AED 368,397 (AED 476 per sqft)Sold, June 2014: AED 383,097 (AED 495 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Ruby Residence
40K60K2012201620202024Typical rent by year: 2012 AED 36,284; 2013 AED 40,000; 2014 AED 44,000; 2015 AED 48,400; 2016 AED 53,250; 2017 AED 53,361; 2018 AED 51,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 31,000; 2022 AED 35,350; 2023 AED 41,525; 2024 AED 48,000; 2025 AED 53,000New contract, June 2014: AED 45,000 a yearRenewal, June 2015: AED 45,000 a yearNew contract, July 2016: AED 58,000 a yearRenewal, July 2017: AED 54,000 a yearNew contract, July 2020: AED 36,000 a yearNew contract, July 2022: AED 35,000 a yearNew contract, July 2024: AED 44,000 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 Ruby Residence, and where 111 sits

All 97 1-beds →

111 last sold in June 2014 at AED 495 per sqft, 52% below what one-beds in Ruby Residence were fetching at the time (AED 1,021). 111's AED 44,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2025670,000
4 Jun 2025645,000
15 May 2025660,000
11 Apr 2025630,000
0 1-bed sales in the last 12 months

Ruby Residence

Building

136 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Deyaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 67K /yr
Typical yield
Ruby Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 136 units in Ruby Residence
Value
1011-bedAED 610K · Jul 2015
1021-bedAED 615K · Mar 2025
1031-bedAED 786K · Aug 2015
1041-bedAED 625K · Feb 2025
1051-bedAED 630K · Apr 2025
1061-bedAED 404K · May 2023
1071-bedAED 717K · Oct 2017
1–7 of 19

111, Ruby Residence in numbers

  • Sold twice: first on 18 March 2010 for AED 368,397, last on 26 June 2014 for AED 383,097 (AED 495 per sqft).
  • Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2022 and recovered to AED 44,000 by July 2024.
  • At AED 44,000 a year the gross yield on the 2014 price is 11.5%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 111, Ruby Residence

What did unit 111 last sell for?

AED 383,097 on 26 June 2014: AED 495 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 368,397 in March 2010.

What is the rent for unit 111?

AED 44,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2022, was AED 35,000; the unit has been rented since June 2014.

How big is unit 111?

773 sqft (71.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 111, Ruby Residence

Starts from the last sale price (AED 383K, 26 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 383,097
Deposit, UAE resident (20%)
AED 76,619
Deposit, non-resident (40%)
AED 153,239
Monthly over 25 years at 3.7%
AED 1,567

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →