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

416, Ruby Residence

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 662K24 May 2017
Current rentAED 44K /yr7 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Ruby Residence

What is 416 worth today?

Last sold for AED 662,332 in 2017

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7 Jan 2025RentedRenewal
AED 43,600/yr12 months · AED 56 per sqft
7 Jan 2024RentedRenewal
AED 41,500/yr12 months · AED 54 per sqft
7 Jan 2022RentedNew contract
AED 35,500/yr12 months · AED 46 per sqft
1 Jul 2020RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
22 Jun 2017RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
24 May 2017Sold by developerReady
AED 662,332AED 856 per sqft
19 Oct 2015RentedRenewal
AED 47,817/yr12 months · AED 62 per sqft
19 Oct 2014RentedNew contract
AED 43,470/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 8
Parking
G - 171
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 662K · May 2017

About 416, Ruby Residence

416 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 24 May 2017 for AED 662,332, or AED 856 per sqft, in line with the AED 863 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 7 January 2025, is AED 43,600 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 11,000 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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 2017: AED 662,332 (AED 856 per sqft)

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

Rents
Unit 416, 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, September 2013: AED 37,800 a yearNew contract, September 2014: AED 43,470 a yearNew contract, October 2014: AED 43,470 a yearRenewal, October 2015: AED 47,817 a yearNew contract, June 2017: AED 54,000 a yearRenewal, July 2020: AED 36,000 a yearNew contract, January 2022: AED 35,500 a yearRenewal, January 2024: AED 41,500 a yearRenewal, January 2025: AED 43,600 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 416 sits

All 97 1-beds →

416 last sold in May 2017 at AED 856 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 863). 416's AED 43,600 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
4031-bedAED 769K · May 2016
4041-bedAED 660K · May 2025
4051-bedAED 700K · Feb 2014
4071-bedAED 288K · Feb 2024
4081-bedAED 732K · Jan 2017
1–7 of 18

416, Ruby Residence in numbers

  • Sold once: by Deyaar on 24 May 2017 for AED 662,332, or AED 856 per sqft.
  • Rented since September 2013 on 9 Ejari contracts, from AED 37,800 to AED 43,600 a year.
  • At AED 43,600 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 7 January 2025.

Questions about 416, Ruby Residence

What did unit 416 last sell for?

AED 662,332 on 24 May 2017, sold by the developer: AED 856 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 43,600 a year on the contract renewed on 7 January 2025. The previous contract, from January 2024, was AED 41,500; the unit has been rented since September 2013.

How big is unit 416?

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

What is unit 416 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 416, Ruby Residence

Starts from the last sale price (AED 662K, 24 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 662,332
Deposit, UAE resident (20%)
AED 132,466
Deposit, non-resident (40%)
AED 264,933
Monthly over 25 years at 3.7%
AED 2,710

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