1-bed · 386 sqftRuby Residence, Dubai Silicon Oasis · 4th floor · completed 2010

407, Ruby Residence

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 288K27 February 2024
Current rentAED 44K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Ruby Residence

What is 407 worth today?

Last sold for AED 288,059 in 2024

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20 Jul 2025RentedRenewal
AED 44,100/yr12 months · AED 57 per sqft
20 Jul 2024RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
27 Feb 2024SoldReady
AED 288,059AED 745 per sqft
20 Jul 2023RentedNew contract
AED 38,500/yr12 months · AED 50 per sqft
20 Jul 2020RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
5 Jun 2016SoldReady
AED 600,000AED 776 per sqft
11 Feb 2016Sold by developerReady
AED 798,449AED 1,033 per sqft
29 Jun 2014RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
1-bed apartment
Size
386 sqft
Floor
4th of 8
Parking
B - 72
Developer
Deyaar
Completed
2010
Service charge
AED 5,500 /yr
Last sold
AED 288K · February 2024

About 407, Ruby Residence

407 is a one-bedroom apartment of 386 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 27 February 2024 for AED 288,059, or AED 745 per sqft, 27% above the AED 588 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 44,100 a year: a gross yield of 15.3% on the 2024 price, before the service charge of about AED 5,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, February 2016: AED 798,449 (AED 1,033 per sqft)Sold, June 2016: AED 600,000 (AED 776 per sqft)Sold, February 2024: AED 288,059 (AED 745 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Ruby Residence
40K2012201620202024Typical 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, June 2013: AED 36,750 a yearNew contract, June 2014: AED 45,000 a yearRenewal, July 2020: AED 35,000 a yearNew contract, July 2023: AED 38,500 a yearRenewal, July 2024: AED 42,000 a yearRenewal, July 2025: AED 44,100 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 407 sits

All 97 1-beds →

407 last sold in February 2024 at AED 745 per sqft, 27% above what one-beds in Ruby Residence were fetching at the time (AED 588). 407's AED 44,100 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
4051-bedAED 700K · Feb 2014
4081-bedAED 732K · Jan 2017
4091-bedAED 660K · Jul 2014
1–7 of 18

407, Ruby Residence in numbers

  • Sold 3 times: first on 11 February 2016 for AED 798,449, last on 27 February 2024 for AED 288,059 (AED 745 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 36,750 to AED 44,100 a year.
  • At AED 44,100 a year the gross yield on the 2024 price is 15.3%, before a service charge of about AED 5,500 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 20 July 2025.

Questions about 407, Ruby Residence

What did unit 407 last sell for?

AED 288,059 on 27 February 2024: AED 745 per sqft for 386 sqft. The unit has 3 registered sales; the first was AED 798,449 in February 2016.

What is the rent for unit 407?

AED 44,100 a year on the contract renewed on 20 July 2025. The previous contract, from July 2024, was AED 42,000; the unit has been rented since June 2013.

How big is unit 407?

386 sqft (35.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 407 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 407, Ruby Residence

Starts from the last sale price (AED 288K, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 288,059
Deposit, UAE resident (20%)
AED 57,612
Deposit, non-resident (40%)
AED 115,224
Monthly over 25 years at 3.7%
AED 1,179

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