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2-bed · 1,197 sqftRuby Residence, Dubai Silicon Oasis · 6th floor · completed 2010

614, Ruby Residence

Sold prices and rental history: sold 4 times, last in December 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 4 December 2016
Last soldAED 900K4 December 2016
Current rentAED 70K /yr5 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, Ruby Residence

What is 614 worth today?

Last sold for AED 900,000 in 2016

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4 Dec 2016SoldReady
AED 900,000AED 751 per sqft
5 Jul 2015RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
29 Jun 2015SoldReady
AED 930,000AED 776 per sqft
3 Jun 2014SoldReady
AED 1,262,394AED 1,054 per sqft
5 Jul 2013RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
14 Jun 2009Sold by developerOff-plan
AED 1,579,952AED 1,319 per sqft

Source: Dubai Land Department. Updated 4 December 2016.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
6th of 8
Parking
G - 153 , 154
Developer
Deyaar
Completed
2010
Service charge
AED 17,000 /yr
Last sold
AED 900K · December 2016
Building
Ruby Residence

About 614, Ruby Residence

614 is a two-bedroom apartment of 1,197 sqft on the 6th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 4 December 2016 for AED 900,000, or AED 751 per sqft, 11% below the AED 846 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 5 July 2015, is AED 70,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 17,000 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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, June 2009: AED 1,579,952 (AED 1,319 per sqft)Sold, June 2014: AED 1,262,394 (AED 1,054 per sqft)Sold, June 2015: AED 930,000 (AED 776 per sqft)Sold, December 2016: AED 900,000 (AED 751 per sqft)

614 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 614, 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, July 2013: AED 70,000 a yearNew contract, July 2015: AED 70,000 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 614 sits

All 23 2-beds →

614 last sold in December 2016 at AED 751 per sqft, 11% below what two-beds in Ruby Residence were fetching at the time (AED 846).

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

614, Ruby Residence in numbers

  • Sold 4 times: first on 14 June 2009 for AED 1,579,952, last on 4 December 2016 for AED 900,000 (AED 751 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 17,000 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 4 December 2016.

Questions about 614, Ruby Residence

What did unit 614 last sell for?

AED 900,000 on 4 December 2016: AED 751 per sqft for 1,197 sqft. The unit has 4 registered sales; the first was AED 1,579,952 in June 2009.

What is the rent for unit 614?

AED 70,000 a year on the contract signed on 5 July 2015. The previous contract, from July 2013, was AED 70,000.

How big is unit 614?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 614 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 614, Ruby Residence

Starts from the last sale price (AED 900K, 4 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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