116, Ruby Residence
Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Ruby Residence
What is 116 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 1st of 8
- Parking
- B - 70
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 11,000 /yr
- Last sold
- AED 300K · September 2011
- Building
- Ruby Residence
About 116, Ruby Residence
116 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 14 September 2011 for AED 300,000, or AED 388 per sqft, 67% below the AED 1,190 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 53,000 a year: a gross yield of 17.7% on the 2011 price, before the service charge of about AED 11,000 a year.
Sales and rents for 116 over time
116 has sold twice; the dashed line is the one-bed median of each year in the building.
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 116 sits
All 97 1-beds →116 last sold in September 2011 at AED 388 per sqft, 67% below what one-beds in Ruby Residence were fetching at the time (AED 1,190). 116's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20259 July 2025 | 779 sqft | 670,000 | 859 | ||
| 4 Jun 20254 June 2025 | 773 sqft | 645,000 | 834 | ||
| 15 May 202515 May 2025 | 773 sqft | 660,000 | 853 | ||
| 11 Apr 202511 April 2025 | 773 sqft | 630,000 | 815 |
Ruby Residence
Building136 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
Other units on the 1st floor
All 136 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 779 sqft | AED 610KAED 610,000 · Jul 2015July 2015 | 52,000 /yr | |
| 102 | 1-bed | 773 sqft | AED 615KAED 615,000 · Mar 2025March 2025 | 60,000 /yr | |
| 103 | 1-bed | 773 sqft | AED 786KAED 786,193 · Aug 2015August 2015 | 44,000 /yr | |
| 104 | 1-bed | 773 sqft | AED 625KAED 625,000 · Feb 2025February 2025 | 45,000 /yr | |
| 105 | 1-bed | 773 sqft | AED 630KAED 630,000 · Apr 2025April 2025 | 55,000 /yr | |
| 106 | 1-bed | 779 sqft | AED 404KAED 404,235 · May 2023May 2023 | 65,000 /yr | |
| 107 | 1-bed | 773 sqft | AED 717KAED 717,149 · Oct 2017October 2017 | 52,371 /yr | |
| 108 | 773 sqft | AED 710KAED 710,000 · Sep 2025September 2025 | 81,600 /yr | ||
| 109 | 1-bed | 773 sqft | AED 560KAED 560,000 · Jun 2017June 2017 | 34,101 /yr | |
| 110 | 1-bed | 773 sqft | AED 365KAED 365,000 · Nov 2020November 2020 | 44,468 /yr | |
| 111 | 1-bed | 773 sqft | AED 383KAED 383,097 · Jun 2014June 2014 | 44,000 /yr | |
| 112 | 1-bed | 777 sqft | AED 1.09MAED 1,090,863 · Feb 2014February 2014 | 53,240 /yr | |
| 113 | 1-bed | 773 sqft | AED 430KAED 430,000 · Feb 2023February 2023 | 51,000 /yr | |
| 114 | 1-bed | 773 sqft | AED 352KAED 351,597 · Mar 2017March 2017 | 65,780 /yr | |
| 115 | 1-bed | 777 sqft | AED 590KAED 590,000 · May 2015May 2015 | 57,000 /yr | |
| 117 | 1-bed | 773 sqft | AED 328KAED 327,855 · Oct 2016October 2016 | 43,890 /yr | |
| 118 | 1-bed | 773 sqft | AED 585KAED 585,000 · Jun 2024June 2024 | 62,000 /yr | |
| 119 | 1-bed | 773 sqft | AED 680KAED 680,179 · Jun 2014June 2014 | 52,500 /yr | |
| 120 | 773 sqft | AED 645KAED 645,000 · Sep 2025September 2025 | 52,000 /yr |
116, Ruby Residence in numbers
- Sold twice: first on 14 June 2009 for AED 800,210, last on 14 September 2011 for AED 300,000 (AED 388 per sqft).
- Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 16,667 in 2022 and recovered to AED 53,000 by October 2025.
- At AED 53,000 a year the gross yield on the 2011 price is 17.7%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).
Source: Dubai Land Department. Updated 1 October 2025.
Questions about 116, Ruby Residence
What did unit 116 last sell for?
AED 300,000 on 14 September 2011: AED 388 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 800,210 in June 2009.
What is the rent for unit 116?
AED 53,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 40,000; the unit has been rented since January 2018.
How big is unit 116?
773 sqft (71.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.
What is unit 116 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 116, Ruby Residence
Starts from the last sale price (AED 300K, 14 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →