1-bed · 771 sqftRuby Residence, Dubai Silicon Oasis · 7th floor · completed 2010

710, Ruby Residence

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 315K11 July 2018
Current rentAED 47K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Ruby Residence

What is 710 worth today?

Last sold for AED 315,000 in 2018

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1 Sep 2024RentedRenewal
AED 47,000/yr12 months · AED 61 per sqft
1 Sep 2023RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
30 Jun 2022RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
22 May 2020RentedRenewal
AED 43,000/yr12 months · AED 55 per sqft
22 May 2019RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
11 Jul 2018Sold by developerOff-plan
AED 315,000AED 408 per sqft
11 Jul 2018SoldOff-plan
AED 755,309AED 980 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
7th of 8
Parking
G - 123
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 315K · July 2018

About 710, Ruby Residence

710 is a one-bedroom apartment of 771 sqft on the 7th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 11 July 2018 for AED 315,000, or AED 408 per sqft, 56% below the AED 922 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 47,000 a year: a gross yield of 14.9% on the 2018 price, before the service charge of about AED 10,900 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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 2018: AED 315,000 (AED 408 per sqft)Sold, July 2018: AED 755,309 (AED 980 per sqft)

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

Rents
Unit 710, each contractTypical one-bed in Ruby Residence
40K2012201620202024Typical 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, May 2019: AED 45,000 a yearRenewal, May 2020: AED 43,000 a yearNew contract, June 2022: AED 36,000 a yearNew contract, September 2023: AED 47,000 a yearRenewal, September 2024: AED 47,000 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 710 sits

All 97 1-beds →

710 last sold in July 2018 at AED 408 per sqft, 56% below what one-beds in Ruby Residence were fetching at the time (AED 922). 710's AED 47,000 is in the lower half 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 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
7062-bedAED 930K · Jul 2024
7072-bedAED 720K · Oct 2022
1–7 of 13

710, Ruby Residence in numbers

  • Sold twice: first on 11 July 2018 for AED 755,309, last on 11 July 2018 for AED 315,000 (AED 408 per sqft).
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2022 and recovered to AED 47,000 by September 2024.
  • At AED 47,000 a year the gross yield on the 2018 price is 14.9%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 710, Ruby Residence

What did unit 710 last sell for?

AED 315,000 on 11 July 2018, sold by the developer: AED 408 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 755,309 in July 2018.

What is the rent for unit 710?

AED 47,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 47,000; the unit has been rented since May 2019.

How big is unit 710?

771 sqft (71.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 710 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 710, Ruby Residence

Starts from the last sale price (AED 315K, 11 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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