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

117, Ruby Residence

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 328K26 October 2016
Current rentAED 44K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Ruby Residence

What is 117 worth today?

Last sold for AED 327,855 in 2016

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15 Sep 2024RentedRenewal
AED 43,890/yr12 months · AED 57 per sqft
15 Sep 2023RentedRenewal
AED 41,800/yr12 months · AED 54 per sqft
15 Sep 2022RentedRenewal
AED 38,000/yr12 months · AED 49 per sqft
15 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Apr 2018RentedRenewal
AED 53,000/yr12 months · AED 68 per sqft
26 Oct 2016Sold by developerReady
AED 327,855AED 424 per sqft
3 Dec 2015RentedNew contract
AED 60,000/yr12 months · AED 78 per sqft
5 Oct 2014RentedRenewal
AED 44,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
1st of 8
Parking
G - 96
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 328K · October 2016

About 117, Ruby Residence

117 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. The developer sold it on 26 October 2016 for AED 327,855, or AED 424 per sqft, 52% below the AED 877 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 43,890 a year: a gross yield of 13.4% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 117 over time

Sales
Unit 117, 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, October 2016: AED 327,855 (AED 424 per sqft)

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

Rents
Unit 117, 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, September 2012: AED 36,923 a yearRenewal, October 2013: AED 40,000 a yearRenewal, October 2014: AED 44,000 a yearNew contract, December 2015: AED 60,000 a yearRenewal, April 2018: AED 53,000 a yearNew contract, September 2021: AED 35,000 a yearRenewal, September 2022: AED 38,000 a yearRenewal, September 2023: AED 41,800 a yearRenewal, September 2024: AED 43,890 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 117 sits

All 97 1-beds →

117 last sold in October 2016 at AED 424 per sqft, 52% below what one-beds in Ruby Residence were fetching at the time (AED 877). 117's AED 43,890 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

117, Ruby Residence in numbers

  • Sold once: by Deyaar on 26 October 2016 for AED 327,855, or AED 424 per sqft.
  • Rented since September 2012 on 9 Ejari contracts, from AED 36,923 to AED 43,890 a year.
  • At AED 43,890 a year the gross yield on the 2016 price is 13.4%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 117, Ruby Residence

What did unit 117 last sell for?

AED 327,855 on 26 October 2016, sold by the developer: AED 424 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 117?

AED 43,890 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 41,800; the unit has been rented since September 2012.

How big is unit 117?

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

What is unit 117 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 117, Ruby Residence

Starts from the last sale price (AED 328K, 26 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 327,855
Deposit, UAE resident (20%)
AED 65,571
Deposit, non-resident (40%)
AED 131,142
Monthly over 25 years at 3.7%
AED 1,341

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