1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 3rd floor · completed 2010

304, Ruby Residence

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 605K25 July 2024
Current rentAED 46K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Ruby Residence

What is 304 worth today?

Last sold for AED 605,000 in 2024

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20 Sep 2024RentedRenewal
AED 45,762/yr8 months · AED 59 per sqft
25 Jul 2024SoldReady
AED 605,000AED 782 per sqft
20 Sep 2023RentedNew contract
AED 46,000/yr12 months · AED 59 per sqft
6 Dec 2022SoldReady
AED 330,000AED 426 per sqft
5 May 2022RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
5 May 2021RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
5 May 2020RentedRenewal
AED 38,000/yr12 months · AED 49 per sqft
5 May 2019RentedRenewal
AED 44,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
B - 90
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 605K · July 2024

About 304, Ruby Residence

304 is a one-bedroom apartment of 773 sqft on the 3rd floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 25 July 2024 for AED 605,000, or AED 782 per sqft, 5% above the AED 745 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 45,762 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, April 2011: AED 920,242 (AED 1,190 per sqft)Sold, May 2014: AED 970,242 (AED 1,255 per sqft)Sold, December 2022: AED 330,000 (AED 426 per sqft)Sold, July 2024: AED 605,000 (AED 782 per sqft)

304 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Ruby Residence
40K2012201620202024Typical 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, February 2016: AED 46,464 a yearRenewal, May 2019: AED 44,000 a yearRenewal, May 2020: AED 38,000 a yearRenewal, May 2021: AED 32,000 a yearRenewal, May 2022: AED 32,000 a yearNew contract, September 2023: AED 46,000 a yearRenewal, September 2024: AED 45,762 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 304 sits

All 97 1-beds →

304 last sold in July 2024 at AED 782 per sqft, 5% above what one-beds in Ruby Residence were fetching at the time (AED 745). 304's AED 45,762 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 3rd floor

All 136 units in Ruby Residence
Value
3021-bedAED 769K · Jun 2015
3031-bedAED 645K · Jun 2025
3051-bedAED 671K · Nov 2016
3061-bedAED 415K · Nov 2022
3071-bedAED 480K · Oct 2023
3081-bedAED 300K · Jan 2021
3091-bedAED 600K · Jun 2024
1–7 of 18

304, Ruby Residence in numbers

  • Sold 4 times: first on 27 April 2011 for AED 920,242, last on 25 July 2024 for AED 605,000 (AED 782 per sqft).
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 46,464 to AED 32,000 in 2022 and recovered to AED 45,762 by September 2024.
  • At AED 45,762 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 20 September 2024.

Questions about 304, Ruby Residence

What did unit 304 last sell for?

AED 605,000 on 25 July 2024: AED 782 per sqft for 773 sqft. The unit has 4 registered sales; the first was AED 920,242 in April 2011.

What is the rent for unit 304?

AED 45,762 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 46,000; the unit has been rented since February 2016.

How big is unit 304?

773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 304 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 304, Ruby Residence

Starts from the last sale price (AED 605K, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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