2-bed · 1,113 sqftRuby Residence, Dubai Silicon Oasis · 7th floor · completed 2010

706, Ruby Residence

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 930K12 July 2024
Current rentAED 85K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Ruby Residence

What is 706 worth today?

Last sold for AED 930,000 in 2024

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15 Aug 2025RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
1 Aug 2024RentedNew contract
AED 66,000/yr12 months · AED 59 per sqft
12 Jul 2024SoldReady
AED 930,000AED 835 per sqft
1 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 54 per sqft
1 Aug 2022RentedRenewal
AED 54,000/yr12 months · AED 49 per sqft
1 Aug 2020RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft
3 Jan 2018Sold by developerReady
AED 1,024,542AED 920 per sqft
25 Aug 2017RentedRenewal
AED 70,340/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
7th of 8
Parking
B - 30 , 31
Developer
Deyaar
Completed
2010
Service charge
AED 15,800 /yr
Last sold
AED 930K · July 2024

About 706, Ruby Residence

706 is a two-bedroom apartment of 1,113 sqft on the 7th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 12 July 2024 for AED 930,000, or AED 835 per sqft, 10% above the AED 757 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 August 2025, is AED 85,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 15,800 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Ruby Residence
500K1M1.5M2009201420192024Typical 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, January 2018: AED 1,024,542 (AED 920 per sqft)Sold, July 2024: AED 930,000 (AED 835 per sqft)

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

Rents
Unit 706, 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 84,000Renewal, August 2015: AED 66,990 a yearRenewal, August 2017: AED 70,340 a yearNew contract, August 2020: AED 52,000 a yearRenewal, August 2022: AED 54,000 a yearRenewal, August 2023: AED 60,000 a yearNew contract, August 2024: AED 66,000 a yearNew contract, August 2025: AED 85,000 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 706 sits

All 23 2-beds →

706 last sold in July 2024 at AED 835 per sqft, 10% above what two-beds in Ruby Residence were fetching at the time (AED 757).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Feb 20251,265,000
22 Jan 2024910,000
11 Dec 2023850,000
12 Dec 2022700,000
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 7th floor

All 136 units in Ruby Residence
Value
7012-bedAED 1.13M · Jul 2015
7022-bedAED 981K · Jan 2017
7032-bedAED 981K · Aug 2017
7042-bedAED 910K · Jan 2024
7052-bedAED 1.1M · Dec 2016
7072-bedAED 720K · Oct 2022
7082-bedAED 533K · Apr 2018
1–7 of 13

706, Ruby Residence in numbers

  • Sold twice: first on 3 January 2018 for AED 1,024,542, last on 12 July 2024 for AED 930,000 (AED 835 per sqft).
  • Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 66,990 to AED 52,000 in 2020 and recovered to AED 85,000 by August 2025.
  • At AED 85,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 15,800 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 706, Ruby Residence

What did unit 706 last sell for?

AED 930,000 on 12 July 2024: AED 835 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 1,024,542 in January 2018.

What is the rent for unit 706?

AED 85,000 a year on the contract signed on 15 August 2025. The previous contract, from August 2024, was AED 66,000; the unit has been rented since August 2015.

How big is unit 706?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 706 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 706, Ruby Residence

Starts from the last sale price (AED 930K, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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