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2-bed · 1,113 sqftRuby Residence, Dubai Silicon Oasis · 6th floor · completed 2010

612, Ruby Residence

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 942K23 October 2016
Current rentAED 90K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 612, Ruby Residence

What is 612 worth today?

Last sold for AED 941,717 in 2016

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5 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 81 per sqft
1 Sep 2025RentedRenewal
AED 63,669/yr12 months · AED 57 per sqft
1 Sep 2024RentedNew contract
AED 88,000/yr12 months · AED 79 per sqft
1 Nov 2023RentedRenewal
AED 61,600/yr12 months · AED 55 per sqft
1 Nov 2022RentedRenewal
AED 56,000/yr12 months · AED 50 per sqft
1 Nov 2021RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft
25 Aug 2020RentedNew contract
AED 51,500/yr12 months · AED 46 per sqft
23 Oct 2016Sold by developerReady
AED 941,717AED 846 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
6th of 8
Parking
G - 168 , 169
Developer
Deyaar
Completed
2010
Service charge
AED 15,800 /yr
Last sold
AED 942K · October 2016
Building
Ruby Residence

About 612, Ruby Residence

612 is a two-bedroom apartment of 1,113 sqft on the 6th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 23 October 2016 for AED 941,717, or AED 846 per sqft, in line with the AED 850 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 5 September 2025, is AED 90,000 a year: a gross yield of 9.6% on the 2016 price, before the service charge of about AED 15,800 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical two-bed in Ruby Residence
500K1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,586,321; 2014 AED 1,262,394; 2015 AED 1,000,000; 2016 AED 944,108; 2017 AED 543,156; 2018 AED 835,793; 2022 AED 700,000Sold by developer, October 2016: AED 941,717 (AED 846 per sqft)

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

Rents
Unit 612, each contractTypical two-bed in Ruby Residence
60K80K2013201720212025Typical rent by year: 2013 AED 56,500; 2014 AED 58,875; 2015 AED 65,000; 2016 AED 70,170; 2017 AED 73,170; 2018 AED 71,500; 2019 AED 64,000; 2020 AED 57,000; 2021 AED 54,000; 2022 AED 60,450; 2023 AED 65,000; 2024 AED 72,000; 2025 AED 84,000New contract, September 2013: AED 55,000 a yearRenewal, September 2015: AED 63,525 a yearRenewal, September 2016: AED 66,701 a yearNew contract, August 2020: AED 51,500 a yearNew contract, November 2021: AED 52,000 a yearRenewal, November 2022: AED 56,000 a yearRenewal, November 2023: AED 61,600 a yearNew contract, September 2024: AED 88,000 a yearNew contract, September 2025: AED 90,000 a yearRenewal, September 2025: AED 63,669 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Ruby Residence, and where 612 sits

All 23 2-beds →

612 last sold in October 2016 at AED 846 per sqft, in line with what two-beds in Ruby Residence were fetching at the time (AED 850).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Feb 20251,265,000
12 Jul 2024930,000
22 Jan 2024910,000
11 Dec 2023850,000
0 2-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 6th floor

All 136 units in Ruby Residence
Value
601AED 1.2M · Aug 2025
6022-bedAED 700K · Dec 2022
6032-bedAED 483K · Jan 2017
6042-bedAED 1.23M · Feb 2014
6052-bedAED 537K · Jun 2017
6062-bedAED 836K · Jun 2018
6072-bedAED 650K · Sep 2022
1–7 of 13

612, Ruby Residence in numbers

  • Sold once: by Deyaar on 23 October 2016 for AED 941,717, or AED 846 per sqft.
  • Rented since September 2013 on 10 Ejari contracts, from AED 55,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2016 price is 9.6%, before a service charge of about AED 15,800 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 5 September 2025.

Questions about 612, Ruby Residence

What did unit 612 last sell for?

AED 941,717 on 23 October 2016, sold by the developer: AED 846 per sqft for 1,113 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 90,000 a year on the contract signed on 5 September 2025. The previous contract, from September 2025, was AED 63,669; the unit has been rented since September 2013.

How big is unit 612?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 612 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 612, Ruby Residence

Starts from the last sale price (AED 942K, 23 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 941,717
Deposit, UAE resident (20%)
AED 188,343
Deposit, non-resident (40%)
AED 376,687
Monthly over 25 years at 3.7%
AED 3,853

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