1-bed · 777 sqftRuby Residence, Dubai Silicon Oasis · 3rd floor · completed 2010

315, Ruby Residence

Sold prices and rental history: sold 3 times, last in July 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 8 May 2025
Last soldAED 610K29 July 2015
Current rentAED 58K /yr8 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Ruby Residence

What is 315 worth today?

Last sold for AED 610,000 in 2015

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8 May 2025RentedRenewal
AED 58,000/yr12 months · AED 75 per sqft
8 May 2024RentedRenewal
AED 48,000/yr12 months · AED 62 per sqft
10 May 2023RentedNew contract
AED 43,240/yr12 months · AED 56 per sqft
7 Mar 2016RentedRenewal
AED 50,942/yr6 months · AED 66 per sqft
29 Jul 2015SoldReady
AED 610,000AED 784 per sqft
7 Mar 2015RentedNew contract
AED 46,200/yr12 months · AED 60 per sqft
7 Mar 2015RentedNew contract
AED 46,200/yr12 months · AED 60 per sqft
3 Jun 2014SoldReady
AED 798,449AED 1,027 per sqft

Source: Dubai Land Department. Updated 8 May 2025.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
3rd of 8
Parking
G - 145
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 610K · July 2015

About 315, Ruby Residence

315 is a one-bedroom apartment of 777 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 29 July 2015 for AED 610,000, or AED 784 per sqft, 21% below the AED 993 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 8 May 2025, is AED 58,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 11,000 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, June 2009: AED 1,008,462 (AED 1,297 per sqft)Sold, June 2014: AED 798,449 (AED 1,027 per sqft)Sold, July 2015: AED 610,000 (AED 784 per sqft)

315 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 315, 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, March 2014: AED 42,000 a yearNew contract, March 2015: AED 46,200 a yearNew contract, March 2015: AED 46,200 a yearRenewal, March 2016: AED 50,942 a yearNew contract, May 2023: AED 43,240 a yearRenewal, May 2024: AED 48,000 a yearRenewal, May 2025: AED 58,000 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 315 sits

All 97 1-beds →

315 last sold in July 2015 at AED 784 per sqft, 21% below what one-beds in Ruby Residence were fetching at the time (AED 993). 315's AED 58,000 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
3041-bedAED 605K · Jul 2024
3051-bedAED 671K · Nov 2016
3061-bedAED 415K · Nov 2022
3071-bedAED 480K · Oct 2023
3081-bedAED 300K · Jan 2021
1–7 of 18

315, Ruby Residence in numbers

  • Sold 3 times: first on 14 June 2009 for AED 1,008,462, last on 29 July 2015 for AED 610,000 (AED 784 per sqft).
  • Rented since March 2014 on 7 Ejari contracts, from AED 42,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 8 May 2025.

Questions about 315, Ruby Residence

What did unit 315 last sell for?

AED 610,000 on 29 July 2015: AED 784 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 1,008,462 in June 2009.

What is the rent for unit 315?

AED 58,000 a year on the contract renewed on 8 May 2025. The previous contract, from May 2024, was AED 48,000; the unit has been rented since March 2014.

How big is unit 315?

777 sqft (72.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 315 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 315, Ruby Residence

Starts from the last sale price (AED 610K, 29 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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