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

316, Ruby Residence

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 19 February 2025
Last soldAED 630K19 February 2025
Current rentAED 42K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Ruby Residence

What is 316 worth today?

Last sold for AED 630,000 in 2025

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19 Feb 2025SoldReady
AED 630,000AED 815 per sqft
20 Jan 2024RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
20 Jan 2024RentedRenewal
AED 42,000/yr12 months · AED 55 per sqft
20 Jan 2023RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
1 Dec 2019RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
30 Oct 2014SoldReady
AED 680,000AED 879 per sqft
21 Sep 2014RentedNew contract
AED 53,000/yr12 months · AED 68 per sqft
3 Jun 2014SoldReady
AED 789,394AED 1,021 per sqft

Source: Dubai Land Department. Updated 19 February 2025.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
G - 147
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 630K · February 2025

About 316, Ruby Residence

316 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 19 February 2025 for AED 630,000, or AED 815 per sqft, 7% above the AED 763 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 42,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 11,000 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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 996,261 (AED 1,289 per sqft)Sold, June 2014: AED 789,394 (AED 1,021 per sqft)Sold, October 2014: AED 680,000 (AED 879 per sqft)Sold, February 2025: AED 630,000 (AED 815 per sqft)

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

Rents
Unit 316, 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, September 2013: AED 50,000 a yearNew contract, September 2014: AED 53,000 a yearNew contract, December 2019: AED 44,000 a yearNew contract, January 2023: AED 40,000 a yearRenewal, January 2024: AED 42,000 a yearRenewal, January 2024: AED 42,000 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 316 sits

All 97 1-beds →

316 last sold in February 2025 at AED 815 per sqft, 7% above what one-beds in Ruby Residence were fetching at the time (AED 763). 316's AED 42,000 is at the bottom 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

316, Ruby Residence in numbers

  • Sold 4 times: first on 14 June 2009 for AED 996,261, last on 19 February 2025 for AED 630,000 (AED 815 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 50,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 19 February 2025.

Questions about 316, Ruby Residence

What did unit 316 last sell for?

AED 630,000 on 19 February 2025: AED 815 per sqft for 773 sqft. The unit has 4 registered sales; the first was AED 996,261 in June 2009.

What is the rent for unit 316?

AED 42,000 a year on the contract renewed on 20 January 2024. The previous contract, from January 2024, was AED 42,000; the unit has been rented since September 2013.

How big is unit 316?

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

What is unit 316 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 316, Ruby Residence

Starts from the last sale price (AED 630K, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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