3-bed · 1,543 sqftRuby Residence, Dubai Silicon Oasis · 8th floor · completed 2010

809, Ruby Residence

Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 1.17M9 May 2024
Current rentAED 120K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Ruby Residence

What is 809 worth today?

Last sold for AED 1,171,048 in 2024

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5 Jul 2024RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
9 May 2024Sold by developerReady
AED 1,171,048AED 758 per sqft
1 Jun 2023RentedRenewal
AED 77,050/yr12 months · AED 50 per sqft
1 Jun 2022RentedNew contract
AED 67,000/yr12 months · AED 43 per sqft
1 Jun 2021RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
25 Oct 2016RentedRenewal
AED 85,995/yr12 months · AED 56 per sqft
25 Oct 2015RentedRenewal
AED 85,995/yr12 months · AED 56 per sqft
25 Oct 2014RentedNew contract
AED 81,900/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
3-bed apartment
Size
1,543 sqft
Floor
8th of 8
Parking
B-42, G-106
Developer
Deyaar
Completed
2010
Service charge
AED 21,900 /yr
Last sold
AED 1.17M · May 2024

About 809, Ruby Residence

809 is a three-bedroom apartment of 1,543 sqft on the 8th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 9 May 2024 for AED 1,171,048, or AED 758 per sqft, in line with the AED 758 three-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 5 July 2024, is AED 120,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 21,900 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical three-bed in Ruby Residence
1.5M2014201720202023Typical sale price by year: 2014 AED 1,762,348; 2024 AED 1,171,048Sold by developer, May 2024: AED 1,171,048 (AED 758 per sqft)

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

Rents
Unit 809, each contractTypical three-bed in Ruby Residence
50K100K2013201720212025Typical rent by year: 2013 AED 80,000; 2014 AED 78,750; 2015 AED 85,498; 2016 AED 92,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 86,500; 2021 AED 65,000; 2022 AED 67,500; 2023 AED 77,050New contract, October 2014: AED 81,900 a yearRenewal, October 2015: AED 85,995 a yearRenewal, October 2016: AED 85,995 a yearNew contract, June 2021: AED 60,000 a yearNew contract, June 2022: AED 67,000 a yearRenewal, June 2023: AED 77,050 a yearNew contract, July 2024: AED 120,000 a year

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

3-beds in Ruby Residence, and where 809 sits

All 9 3-beds →

809 last sold in May 2024 at AED 758 per sqft, in line with what three-beds in Ruby Residence were fetching at the time (AED 758).

Recent 3-bed salesUnit no.Price (AED)Summary
25 Jan 20241,174,575
25 Jan 20241,147,627
12 Dec 20221,100,000
9 Aug 2020730,000
0 3-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 8th floor

All 136 units in Ruby Residence
Value
8013-bedAED 1.32M · Sep 2016
8023-bedAED 1.31M · Aug 2016
8033-bedAED 1.25M · Aug 2014
804AED 1.38M · Oct 2025
8053-bedAED 1.15M · Jan 2024
8063-bedAED 730K · Aug 2020
8073-bedAED 1.1M · Dec 2022
1–7 of 9

809, Ruby Residence in numbers

  • Sold once: by Deyaar on 9 May 2024 for AED 1,171,048, or AED 758 per sqft.
  • Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 81,900 to AED 60,000 in 2021 and recovered to AED 120,000 by July 2024.
  • At AED 120,000 a year the gross yield on the 2024 price is 10.3%, before a service charge of about AED 21,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 5 July 2024.

Questions about 809, Ruby Residence

What did unit 809 last sell for?

AED 1,171,048 on 9 May 2024, sold by the developer: AED 758 per sqft for 1,543 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 120,000 a year on the contract signed on 5 July 2024. The previous contract, from June 2023, was AED 77,050; the unit has been rented since October 2014.

How big is unit 809?

1,543 sqft (143.3 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2010.

What is unit 809 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 809, Ruby Residence

Starts from the last sale price (AED 1.17M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,171,048
Deposit, UAE resident (20%)
AED 234,210
Deposit, non-resident (40%)
AED 468,419
Monthly over 25 years at 3.7%
AED 4,791

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