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

408, Ruby Residence

Sold prices and rental history: sold once, by the developer in January 2017, and rented once, from September 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 408 · DLD and Ejari recordsUpdated 19 January 2017

Last soldAED 732K19 January 2017

Current rentAED 50K /yr1 September 2014

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 408, Ruby Residence

Today

What is 408 worth today?

Last sold for AED 731,785 in 2017

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19 Jan 2017

19 Jan 2017Sold by developerReady

AED 731,785AED 946 per sqft

1 Sep 2014

1 Sep 2014RentedNew contract

AED 50,400/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 19 January 2017.

Key facts

Type: 1-bed apartment
Size: 773 sqft
Floor: 4th of 8
Parking: B-25
Developer: Deyaar
Completed: 2010
Service charge: AED 10,900 /yr
Last sold: AED 732K · January 2017
Building: Ruby Residence

About 408, Ruby Residence

408 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 19 January 2017 for AED 731,785, or AED 946 per sqft, 8% above the AED 878 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2014. The current contract, signed on 1 September 2014, is AED 50,400 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 10,900 a year.

Sales and rents for 408 over time

Sales

Unit 408, each saleTypical one-bed in Ruby Residence

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

Rents

Unit 408, each contractTypical one-bed in Ruby Residence

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 408 sits

All 97 1-beds →

408 last sold in January 2017 at AED 946 per sqft, 8% above what one-beds in Ruby Residence were fetching at the time (AED 878). 408's AED 50,400 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
9 Jul 20259 July 2025	779 sqft	670,000	859
4 Jun 20254 June 2025	773 sqft	645,000	834
15 May 202515 May 2025	773 sqft	660,000	853
11 Apr 202511 April 2025	773 sqft	630,000	815

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


401	1-bed	779 sqft	AED 450KAED 450,000 · Sep 2021September 2021	50,000 /yr
402	1-bed	773 sqft	AED 678KAED 678,281 · Jul 2016July 2016	55,567 /yr
403	1-bed	773 sqft	AED 769KAED 769,394 · May 2016May 2016	42,000 /yr
404	1-bed	773 sqft	AED 660KAED 660,000 · May 2025May 2025	60,000 /yr
405	1-bed	773 sqft	AED 700KAED 700,000 · Feb 2014February 2014	60,000 /yr
407	1-bed	386 sqft	AED 288KAED 288,059 · Feb 2024February 2024	44,100 /yr
409	1-bed	773 sqft	AED 660KAED 660,000 · Jul 2014July 2014	34,000 /yr
410	1-bed	773 sqft	AED 540KAED 540,000 · Apr 2014April 2014	41,000 /yr
411	1-bed	773 sqft	AED 739KAED 739,394 · Aug 2016August 2016	45,000 /yr
412	1-bed	777 sqft	AED 838KAED 838,344 · Nov 2014November 2014
413	1-bed	773 sqft	AED 789KAED 788,958 · Nov 2014November 2014	51,500 /yr
414	1-bed	773 sqft	AED 485KAED 485,000 · Oct 2022October 2022	70,000 /yr
415	1-bed	777 sqft	AED 365KAED 365,000 · Jul 2021July 2021	52,200 /yr
416	1-bed	773 sqft	AED 662KAED 662,332 · May 2017May 2017	43,600 /yr
417	1-bed	773 sqft	AED 662KAED 662,332 · Dec 2016December 2016	35,000 /yr
418	1-bed	773 sqft	AED 605KAED 605,000 · Jan 2025January 2025	37,000 /yr
419	1-bed	773 sqft	AED 662KAED 662,238 · Oct 2016October 2016	52,000 /yr
420	1-bed	773 sqft	AED 340KAED 340,000 · Jun 2021June 2021	58,000 /yr

1–7 of 18

408, Ruby Residence in numbers

Sold once: by Deyaar on 19 January 2017 for AED 731,785, or AED 946 per sqft.
Rented since September 2014 on one Ejari contract, at AED 50,400 a year.
At AED 50,400 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 19 January 2017.

Questions about 408, Ruby Residence

What did unit 408 last sell for?

AED 731,785 on 19 January 2017, sold by the developer: AED 946 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 50,400 a year on the contract signed on 1 September 2014.

How big is unit 408?

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

What is unit 408 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 408, Ruby Residence

Starts from the last sale price (AED 732K, 19 January 2017). Switch to today's estimate once you have unlocked it.

Price: AED 731,785
Deposit, UAE resident (20%): AED 146,357
Deposit, non-resident (40%): AED 292,714
Monthly over 25 years at 3.7%: AED 2,994

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