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

319, Ruby Residence

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 25 February 2023
Last soldAED 725K1 November 2016
Current rentAED 42K /yr25 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Ruby Residence

What is 319 worth today?

Last sold for AED 724,930 in 2016

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25 Feb 2023RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
1 Sep 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
20 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Aug 2020RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
1 Aug 2019RentedNew contract
AED 37,000/yr12 months · AED 48 per sqft
3 Jul 2018RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
25 Nov 2016RentedRenewal
AED 60,000/yr12 months · AED 78 per sqft
1 Nov 2016Sold by developerReady
AED 724,930AED 938 per sqft

Source: Dubai Land Department. Updated 25 February 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
G - 133
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 725K · November 2016

About 319, Ruby Residence

319 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 1 November 2016 for AED 724,930, or AED 938 per sqft, 7% above the AED 877 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 25 February 2023, is AED 42,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 10,900 a year.

Sales and rents for 319 over time

Sales
Unit 319, 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, November 2016: AED 724,930 (AED 938 per sqft)

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

Rents
Unit 319, 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, November 2015: AED 60,000 a yearRenewal, November 2016: AED 60,000 a yearNew contract, July 2018: AED 44,000 a yearNew contract, August 2019: AED 37,000 a yearRenewal, August 2020: AED 32,000 a yearNew contract, August 2021: AED 30,000 a yearNew contract, September 2022: AED 35,000 a yearNew contract, February 2023: 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 319 sits

All 97 1-beds →

319 last sold in November 2016 at AED 938 per sqft, 7% above what one-beds in Ruby Residence were fetching at the time (AED 877). 319'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

319, Ruby Residence in numbers

  • Sold once: by Deyaar on 1 November 2016 for AED 724,930, or AED 938 per sqft.
  • Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 42,000 by February 2023.
  • At AED 42,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 25 February 2023.

Questions about 319, Ruby Residence

What did unit 319 last sell for?

AED 724,930 on 1 November 2016, sold by the developer: AED 938 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 319?

AED 42,000 a year on the contract signed on 25 February 2023. The previous contract, from September 2022, was AED 35,000; the unit has been rented since November 2015.

How big is unit 319?

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

What is unit 319 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 319, Ruby Residence

Starts from the last sale price (AED 725K, 1 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 724,930
Deposit, UAE resident (20%)
AED 144,986
Deposit, non-resident (40%)
AED 289,972
Monthly over 25 years at 3.7%
AED 2,966

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