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

317, Ruby Residence

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 25 November 2023
Last soldAED 400K8 December 2021
Current rentAED 48K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317, Ruby Residence

What is 317 worth today?

Last sold for AED 400,000 in 2021

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25 Nov 2023RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
15 Nov 2022RentedNew contract
AED 39,000/yr12 months · AED 50 per sqft
1 Jan 2022RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
8 Dec 2021SoldReady
AED 400,000AED 517 per sqft
1 Nov 2019RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
20 Oct 2018RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
15 Mar 2017RentedNew contract
AED 58,000/yr12 months · AED 75 per sqft
17 May 2016Sold by developerReady
AED 642,462AED 831 per sqft

Source: Dubai Land Department. Updated 25 November 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
G - 126
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 400K · December 2021

About 317, Ruby Residence

317 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 8 December 2021 for AED 400,000, or AED 517 per sqft, 15% above the AED 450 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 25 November 2023, is AED 48,000 a year: a gross yield of 12.0% on the 2021 price, before the service charge of about AED 11,000 a year.

Sales and rents for 317 over time

Sales
Unit 317, 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, May 2016: AED 642,462 (AED 831 per sqft)Sold, December 2021: AED 400,000 (AED 517 per sqft)

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

Rents
Unit 317, 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, September 2013: AED 48,000 a yearNew contract, February 2016: AED 62,000 a yearNew contract, March 2017: AED 58,000 a yearNew contract, October 2018: AED 47,000 a yearNew contract, November 2019: AED 38,000 a yearNew contract, January 2022: AED 33,000 a yearNew contract, November 2022: AED 39,000 a yearNew contract, November 2023: AED 48,000 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 317 sits

All 97 1-beds →

317 last sold in December 2021 at AED 517 per sqft, 15% above what one-beds in Ruby Residence were fetching at the time (AED 450). 317's AED 48,000 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

317, Ruby Residence in numbers

  • Sold twice: first on 17 May 2016 for AED 642,462, last on 8 December 2021 for AED 400,000 (AED 517 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 33,000 in 2022 and recovered to AED 48,000 by November 2023.
  • At AED 48,000 a year the gross yield on the 2021 price is 12.0%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 25 November 2023.

Questions about 317, Ruby Residence

What did unit 317 last sell for?

AED 400,000 on 8 December 2021: AED 517 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 642,462 in May 2016.

What is the rent for unit 317?

AED 48,000 a year on the contract signed on 25 November 2023. The previous contract, from November 2022, was AED 39,000; the unit has been rented since September 2013.

How big is unit 317?

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

What is unit 317 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 317, Ruby Residence

Starts from the last sale price (AED 400K, 8 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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