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

318, Ruby Residence

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 662K30 May 2017
Current rentAED 44K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Ruby Residence

What is 318 worth today?

Last sold for AED 662,238 in 2017

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20 Apr 2025RentedRenewal
AED 44,000/yr12 months · AED 57 per sqft
20 Apr 2024RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
20 Apr 2023RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
1 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
3 Feb 2022RentedNew contract
AED 25,000/yr12 months · AED 32 per sqft
24 Jan 2021RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
24 Jan 2019RentedRenewal
AED 47,500/yr12 months · AED 61 per sqft
24 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
G - 99
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 662K · May 2017

About 318, Ruby Residence

318 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. The developer sold it on 30 May 2017 for AED 662,238, or AED 856 per sqft, in line with the AED 856 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 20 April 2025, is AED 44,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 10,900 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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 2017: AED 662,238 (AED 856 per sqft)

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

Rents
Unit 318, each contractTypical one-bed in Ruby Residence
20K40K60K2012201620202024Typical 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, January 2016: AED 63,000 a yearNew contract, January 2018: AED 55,000 a yearRenewal, January 2019: AED 47,500 a yearNew contract, January 2021: AED 42,000 a yearNew contract, February 2022: AED 25,000 a yearNew contract, November 2022: AED 30,000 a yearNew contract, April 2023: AED 40,000 a yearRenewal, April 2024: AED 40,000 a yearRenewal, April 2025: AED 44,000 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 318 sits

All 97 1-beds →

318 last sold in May 2017 at AED 856 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 856). 318's AED 44,000 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

318, Ruby Residence in numbers

  • Sold once: by Deyaar on 30 May 2017 for AED 662,238, or AED 856 per sqft.
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 63,000 to AED 25,000 in 2022 and recovered to AED 44,000 by April 2025.
  • At AED 44,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 20 April 2025.

Questions about 318, Ruby Residence

What did unit 318 last sell for?

AED 662,238 on 30 May 2017, sold by the developer: AED 856 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 44,000 a year on the contract renewed on 20 April 2025. The previous contract, from April 2024, was AED 40,000; the unit has been rented since January 2016.

How big is unit 318?

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

What is unit 318 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 318, Ruby Residence

Starts from the last sale price (AED 662K, 30 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 662,238
Deposit, UAE resident (20%)
AED 132,448
Deposit, non-resident (40%)
AED 264,895
Monthly over 25 years at 3.7%
AED 2,709

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