1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 2nd floor · completed 2010

208, Ruby Residence

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 717K29 November 2016
Current rentAED 45K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Ruby Residence

What is 208 worth today?

Last sold for AED 717,150 in 2016

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10 May 2025RentedRenewal
AED 44,528/yr12 months · AED 58 per sqft
10 May 2024RentedRenewal
AED 40,480/yr12 months · AED 52 per sqft
10 May 2023RentedRenewal
AED 36,800/yr12 months · AED 48 per sqft
10 May 2022RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
10 May 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
18 Jan 2020RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
18 Jan 2019RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
18 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 8
Parking
G - 160
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 717K · November 2016

About 208, Ruby Residence

208 is a one-bedroom apartment of 773 sqft on the 2nd floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 29 November 2016 for AED 717,150, or AED 928 per sqft, 6% above the AED 873 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 44,528 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 10,900 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, November 2016: AED 717,150 (AED 928 per sqft)

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

Rents
Unit 208, 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, August 2014: AED 41,400 a yearNew contract, November 2015: AED 60,000 a yearRenewal, November 2016: AED 60,000 a yearNew contract, January 2018: AED 50,000 a yearRenewal, January 2019: AED 45,000 a yearRenewal, January 2020: AED 42,000 a yearNew contract, May 2021: AED 30,000 a yearNew contract, May 2022: AED 32,000 a yearRenewal, May 2023: AED 36,800 a yearRenewal, May 2024: AED 40,480 a yearRenewal, May 2025: AED 44,528 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 208 sits

All 97 1-beds →

208 last sold in November 2016 at AED 928 per sqft, 6% above what one-beds in Ruby Residence were fetching at the time (AED 873). 208's AED 44,528 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 2nd floor

All 136 units in Ruby Residence
Value
2011-bedAED 680K · Oct 2014
2021-bedAED 766K · Aug 2015
2031-bedAED 736K · Jun 2015
2041-bedAED 450K · Jul 2023
2051-bedAED 766K · Sep 2014
2061-bedAED 291K · Feb 2024
2071-bedAED 450K · May 2023
1–7 of 19

208, Ruby Residence in numbers

  • Sold once: by Deyaar on 29 November 2016 for AED 717,150, or AED 928 per sqft.
  • Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 41,400 to AED 30,000 in 2021 and recovered to AED 44,528 by May 2025.
  • At AED 44,528 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 10 May 2025.

Questions about 208, Ruby Residence

What did unit 208 last sell for?

AED 717,150 on 29 November 2016, sold by the developer: AED 928 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 44,528 a year on the contract renewed on 10 May 2025. The previous contract, from May 2024, was AED 40,480; the unit has been rented since August 2014.

How big is unit 208?

773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 208 worth today?

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Mortgage on 208, Ruby Residence

Starts from the last sale price (AED 717K, 29 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 717,150
Deposit, UAE resident (20%)
AED 143,430
Deposit, non-resident (40%)
AED 286,860
Monthly over 25 years at 3.7%
AED 2,934

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