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

405, Ruby Residence

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 700K17 February 2014
Current rentAED 60K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Ruby Residence

What is 405 worth today?

Last sold for AED 700,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Mar 2025RentedRenewal
AED 60,000/yr12 months · AED 78 per sqft
25 Mar 2024RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
1 Jun 2023RentedRenewal
AED 37,000/yr12 months · AED 48 per sqft
1 Jun 2022RentedNew contract
AED 34,000/yr12 months · AED 44 per sqft
23 Jun 2021RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
23 Jun 2020RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
23 Jun 2018RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
1 Mar 2017RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 8
Parking
B - 62
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 700K · February 2014

About 405, Ruby Residence

405 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. It last sold on 17 February 2014 for AED 700,000, or AED 906 per sqft, 32% below the AED 1,337 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 March 2025, is AED 60,000 a year: a gross yield of 8.6% on the 2014 price, before the service charge of about AED 10,900 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, April 2010: AED 1,008,265 (AED 1,305 per sqft)Sold, February 2014: AED 700,000 (AED 906 per sqft)Sold, February 2014: AED 1,038,265 (AED 1,343 per sqft)

405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, 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 2013: AED 45,000 a yearNew contract, February 2015: AED 63,000 a yearNew contract, March 2017: AED 55,000 a yearNew contract, June 2018: AED 48,000 a yearNew contract, June 2020: AED 38,000 a yearRenewal, June 2021: AED 32,000 a yearNew contract, June 2022: AED 34,000 a yearRenewal, June 2023: AED 37,000 a yearNew contract, March 2024: AED 54,000 a yearRenewal, March 2025: AED 60,000 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 405 sits

All 97 1-beds →

405 last sold in February 2014 at AED 906 per sqft, 32% below what one-beds in Ruby Residence were fetching at the time (AED 1,337). 405's AED 60,000 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 4th floor

All 136 units in Ruby Residence
Value
4011-bedAED 450K · Sep 2021
4021-bedAED 678K · Jul 2016
4031-bedAED 769K · May 2016
4041-bedAED 660K · May 2025
4071-bedAED 288K · Feb 2024
4081-bedAED 732K · Jan 2017
4091-bedAED 660K · Jul 2014
1–7 of 18

405, Ruby Residence in numbers

  • Sold 3 times: first on 4 April 2010 for AED 1,008,265, last on 17 February 2014 for AED 700,000 (AED 906 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2021 and recovered to AED 60,000 by March 2025.
  • At AED 60,000 a year the gross yield on the 2014 price is 8.6%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 25 March 2025.

Questions about 405, Ruby Residence

What did unit 405 last sell for?

AED 700,000 on 17 February 2014: AED 906 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 1,008,265 in April 2010.

What is the rent for unit 405?

AED 60,000 a year on the contract renewed on 25 March 2025. The previous contract, from March 2024, was AED 54,000; the unit has been rented since November 2013.

How big is unit 405?

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

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Ruby Residence

Starts from the last sale price (AED 700K, 17 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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