217, Ruby Residence
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 217, Ruby Residence
What is 217 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 2nd of 8
- Parking
- G - 137
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 11,000 /yr
- Last sold
- AED 328K · October 2016
- Building
- Ruby Residence
About 217, Ruby Residence
217 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 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 2014 on 11 Ejari contracts. The current contract, signed on 1 May 2024, is AED 55,125 a year: a gross yield of 16.8% on the 2016 price, before the service charge of about AED 11,000 a year.
Sales and rents for 217 over time
217 has sold once; 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 217 sits
All 97 1-beds →217 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). 217's AED 55,125 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 2nd floor
All 136 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 779 sqft | AED 680KAED 680,000 · Oct 2014October 2014 | 58,000 /yr | |
| 202 | 1-bed | 773 sqft | AED 766KAED 766,194 · Aug 2015August 2015 | 45,000 /yr | |
| 203 | 1-bed | 773 sqft | AED 736KAED 736,193 · Jun 2015June 2015 | 44,000 /yr | |
| 204 | 1-bed | 386 sqft | AED 450KAED 450,000 · Jul 2023July 2023 | 57,000 /yr | |
| 205 | 1-bed | 773 sqft | AED 766KAED 766,193 · Sep 2014September 2014 | 43,832 /yr | |
| 206 | 1-bed | 390 sqft | AED 291KAED 290,545 · Feb 2024February 2024 | 45,045 /yr | |
| 207 | 1-bed | 773 sqft | AED 450KAED 450,000 · May 2023May 2023 | 47,610 /yr | |
| 208 | 1-bed | 773 sqft | AED 717KAED 717,150 · Nov 2016November 2016 | 44,528 /yr | |
| 209 | 1-bed | 773 sqft | AED 460KAED 460,000 · Jul 2023July 2023 | 33,000 /yr | |
| 210 | 1-bed | 773 sqft | AED 731KAED 731,116 · Feb 2017February 2017 | 48,000 /yr | |
| 211 | 1-bed | 773 sqft | AED 842KAED 842,157 · Oct 2016October 2016 | 40,000 /yr | |
| 212 | 1-bed | 777 sqft | AED 712KAED 711,722 · Dec 2017December 2017 | 60,000 /yr | |
| 213 | 1-bed | 773 sqft | AED 512KAED 512,000 · Feb 2024February 2024 | 57,780 /yr | |
| 214 | 1-bed | 773 sqft | AED 390KAED 390,000 · Aug 2020August 2020 | 39,000 /yr | |
| 215 | 1-bed | 777 sqft | AED 345KAED 345,438 · Jan 2018January 2018 | 52,000 /yr | |
| 216 | 1-bed | 773 sqft | AED 725KAED 725,033 · Dec 2016December 2016 | 50,000 /yr | |
| 218 | 1-bed | 773 sqft | AED 335KAED 335,000 · Jun 2021June 2021 | 38,000 /yr | |
| 219 | 1-bed | 773 sqft | AED 400KAED 400,000 · Nov 2020November 2020 | 31,000 /yr | |
| 220 | 1-bed | 773 sqft | AED 388KAED 387,605 · May 2014May 2014 | 55,000 /yr |
217, Ruby Residence in numbers
- Sold once: by Deyaar on 26 October 2016 for AED 327,855, or AED 424 per sqft.
- Rented since November 2014 on 11 Ejari contracts, from AED 44,000 to AED 55,125 a year.
- At AED 55,125 a year the gross yield on the 2016 price is 16.8%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).
Source: Dubai Land Department. Updated 1 May 2024.
Questions about 217, Ruby Residence
What did unit 217 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 217?
AED 55,125 a year on the contract signed on 1 May 2024. The previous contract, from May 2024, was AED 55,125; the unit has been rented since November 2014.
How big is unit 217?
773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.
What is unit 217 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 217, 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 →