1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 5th floor · completed 2010

503, Ruby Residence

Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 September 2021
Last soldAED 580K10 August 2016
Current rentAED 32K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Ruby Residence

What is 503 worth today?

Last sold for AED 580,000 in 2016

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15 Sep 2021RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
15 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
20 Aug 2017RentedRenewal
AED 56,000/yr12 months · AED 72 per sqft
20 Aug 2016RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
10 Aug 2016SoldReady
AED 580,000AED 750 per sqft
22 Oct 2015RentedRenewal
AED 43,365/yr9 months · AED 56 per sqft
9 Nov 2014SoldReady
AED 850,210AED 1,100 per sqft
22 Oct 2014RentedNew contract
AED 43,470/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 September 2021.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 8
Parking
G - 103
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 580K · August 2016

About 503, Ruby Residence

503 is a one-bedroom apartment of 773 sqft on the 5th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 10 August 2016 for AED 580,000, or AED 750 per sqft, 10% below the AED 831 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 September 2021, is AED 32,000 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 503 over time

Sales
Unit 503, 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, July 2010: AED 800,210 (AED 1,035 per sqft)Sold, November 2014: AED 850,210 (AED 1,100 per sqft)Sold, August 2016: AED 580,000 (AED 750 per sqft)

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

Rents
Unit 503, 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, October 2014: AED 43,470 a yearRenewal, October 2015: AED 43,365 a yearNew contract, August 2016: AED 60,000 a yearRenewal, August 2017: AED 56,000 a yearNew contract, August 2020: AED 32,000 a yearNew contract, September 2021: AED 32,000 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 503 sits

All 97 1-beds →

503 last sold in August 2016 at AED 750 per sqft, 10% below what one-beds in Ruby Residence were fetching at the time (AED 831). 503's AED 32,000 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 5th floor

All 136 units in Ruby Residence
Value
5011-bedAED 811K · Apr 2018
5021-bedAED 385K · Jan 2017
5041-bedAED 300K · Mar 2023
5051-bedAED 957K · Aug 2015
5061-bedAED 670K · Jul 2025
507AED 800K · Nov 2025
5081-bedAED 473K · Nov 2023
1–7 of 19

503, Ruby Residence in numbers

  • Sold 3 times: first on 18 July 2010 for AED 800,210, last on 10 August 2016 for AED 580,000 (AED 750 per sqft).
  • Rented since October 2014 on 6 Ejari contracts, from AED 43,470 to AED 32,000 a year.
  • At AED 32,000 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 15 September 2021.

Questions about 503, Ruby Residence

What did unit 503 last sell for?

AED 580,000 on 10 August 2016: AED 750 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 800,210 in July 2010.

What is the rent for unit 503?

AED 32,000 a year on the contract signed on 15 September 2021. The previous contract, from August 2020, was AED 32,000; the unit has been rented since October 2014.

How big is unit 503?

773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.

What is unit 503 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 503, Ruby Residence

Starts from the last sale price (AED 580K, 10 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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