1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 4th floor · completed 2010

403, Ruby Residence

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 4 January 2023
Last soldAED 769K3 May 2016
Current rentAED 42K /yr4 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Ruby Residence

What is 403 worth today?

Last sold for AED 769,394 in 2016

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4 Jan 2023RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
1 Dec 2021RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
1 Dec 2020RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
1 Jun 2019RentedRenewal
AED 39,000/yr12 months · AED 50 per sqft
1 Jun 2018RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
6 Apr 2017RentedNew contract
AED 64,000/yr12 months · AED 83 per sqft
14 Jan 2017RentedRenewal
AED 64,000/yr12 months · AED 83 per sqft
3 May 2016Sold by developerReady
AED 769,394AED 995 per sqft

Source: Dubai Land Department. Updated 4 January 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 8
Parking
B - 80
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 769K · May 2016

About 403, Ruby Residence

403 is a one-bedroom apartment of 773 sqft on the 4th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 3 May 2016 for AED 769,394, or AED 995 per sqft, in line with the AED 984 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 4 January 2023, is AED 42,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 10,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 769,394 (AED 995 per sqft)

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

Rents
Unit 403, 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 2012: AED 34,000 a yearNew contract, November 2013: AED 38,000 a yearNew contract, November 2014: AED 46,000 a yearNew contract, January 2016: AED 64,000 a yearRenewal, January 2017: AED 64,000 a yearNew contract, April 2017: AED 64,000 a yearNew contract, June 2018: AED 47,000 a yearRenewal, June 2019: AED 39,000 a yearNew contract, December 2020: AED 32,000 a yearRenewal, December 2021: AED 32,000 a yearNew contract, January 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 403 sits

All 97 1-beds →

403 last sold in May 2016 at AED 995 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 984). 403'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 4th floor

All 136 units in Ruby Residence
Value
4011-bedAED 450K · Sep 2021
4021-bedAED 678K · Jul 2016
4041-bedAED 660K · May 2025
4051-bedAED 700K · Feb 2014
4071-bedAED 288K · Feb 2024
4081-bedAED 732K · Jan 2017
4091-bedAED 660K · Jul 2014
1–7 of 18

403, Ruby Residence in numbers

  • Sold once: by Deyaar on 3 May 2016 for AED 769,394, or AED 995 per sqft.
  • Rented since November 2012 on 11 Ejari contracts, from AED 34,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 4 January 2023.

Questions about 403, Ruby Residence

What did unit 403 last sell for?

AED 769,394 on 3 May 2016, sold by the developer: AED 995 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 42,000 a year on the contract signed on 4 January 2023. The previous contract, from December 2021, was AED 32,000; the unit has been rented since November 2012.

How big is unit 403?

773 sqft (71.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 403 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 403, Ruby Residence

Starts from the last sale price (AED 769K, 3 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 769,394
Deposit, UAE resident (20%)
AED 153,879
Deposit, non-resident (40%)
AED 307,758
Monthly over 25 years at 3.7%
AED 3,148

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