511, Ruby Residence
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Ruby Residence
What is 511 worth today?
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Source: Dubai Land Department. Updated 25 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 8
- Parking
- G - 120
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 11,000 /yr
- Last sold
- AED 580K · March 2017
- Building
- Ruby Residence
About 511, Ruby Residence
511 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 8 March 2017 for AED 580,000, or AED 750 per sqft, 14% below the AED 877 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 25 November 2023, is AED 50,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 11,000 a year.
Sales and rents for 511 over time
511 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 511 sits
All 97 1-beds →511 last sold in March 2017 at AED 750 per sqft, 14% below what one-beds in Ruby Residence were fetching at the time (AED 877). 511's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Ruby Residence
Building136 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
Other units on the 5th floor
All 136 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 779 sqft | AED 811KAED 811,054 · Apr 2018April 2018 | 45,000 /yr | |
| 502 | 1-bed | 773 sqft | AED 385KAED 385,000 · Jan 2017January 2017 | 60,500 /yr | |
| 503 | 1-bed | 773 sqft | AED 580KAED 580,000 · Aug 2016August 2016 | 32,000 /yr | |
| 504 | 1-bed | 773 sqft | AED 300KAED 300,000 · Mar 2023March 2023 | 55,000 /yr | |
| 505 | 1-bed | 773 sqft | AED 957KAED 957,334 · Aug 2015August 2015 | 55,000 /yr | |
| 506 | 1-bed | 779 sqft | AED 670KAED 670,000 · Jul 2025July 2025 | 60,000 /yr | |
| 507 | 773 sqft | AED 800KAED 800,000 · Nov 2025November 2025 | 54,000 /yr | ||
| 508 | 1-bed | 773 sqft | AED 473KAED 473,000 · Nov 2023November 2023 | 42,000 /yr | |
| 509 | 1-bed | 385 sqft | AED 250KAED 250,000 · Jan 2019January 2019 | 80,000 /yr | |
| 510 | 1-bed | 773 sqft | AED 825KAED 825,314 · Oct 2017October 2017 | 32,000 /yr | |
| 512 | 1-bed | 777 sqft | AED 430KAED 430,000 · Jul 2019July 2019 | 50,820 /yr | |
| 513 | 1-bed | 773 sqft | AED 755KAED 754,967 · May 2016May 2016 | 32,000 /yr | |
| 514 | 1-bed | 773 sqft | AED 703KAED 703,193 · Nov 2016November 2016 | 47,000 /yr | |
| 515 | 1-bed | 777 sqft | AED 705KAED 704,975 · Oct 2016October 2016 | 51,000 /yr | |
| 516 | 1-bed | 773 sqft | AED 331KAED 331,166 · Nov 2016November 2016 | 55,000 /yr | |
| 517 | 1-bed | 773 sqft | AED 662KAED 662,332 · Jan 2017January 2017 | 45,000 /yr | |
| 518 | 1-bed | 773 sqft | AED 662KAED 662,238 · Jan 2017January 2017 | 60,000 /yr | |
| 519 | 1-bed | 773 sqft | AED 725KAED 724,930 · Jan 2017January 2017 | 65,100 /yr | |
| 520 | 1-bed | 773 sqft | AED 600KAED 600,000 · Jun 2016June 2016 | 47,250 /yr |
511, Ruby Residence in numbers
- Sold 3 times: first on 4 April 2010 for AED 741,795, last on 8 March 2017 for AED 580,000 (AED 750 per sqft).
- Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 44,000 to AED 34,500 in 2022 and recovered to AED 50,000 by November 2023.
- At AED 50,000 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).
Source: Dubai Land Department. Updated 25 November 2023.
Questions about 511, Ruby Residence
What did unit 511 last sell for?
AED 580,000 on 8 March 2017: AED 750 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 741,795 in April 2010.
What is the rent for unit 511?
AED 50,000 a year on the contract signed on 25 November 2023. The previous contract, from October 2022, was AED 34,500; the unit has been rented since April 2014.
How big is unit 511?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.
What is unit 511 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 511, Ruby Residence
Starts from the last sale price (AED 580K, 8 March 2017). 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 →