1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 1st floor · completed 2010

114, Ruby Residence

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 28 March 2017
Last soldAED 352K2 March 2017
Current rentAED 66K /yr28 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Ruby Residence

What is 114 worth today?

Last sold for AED 351,597 in 2017

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28 Mar 2017RentedNew contract
AED 65,780/yr11 months · AED 85 per sqft
2 Mar 2017Sold by developerReady
AED 351,597AED 455 per sqft
1 Sep 2015RentedRenewal
AED 52,920/yr12 months · AED 68 per sqft
1 Sep 2014RentedNew contract
AED 50,400/yr12 months · AED 65 per sqft
1 Sep 2013RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 28 March 2017.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
1st of 8
Parking
B - 74
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 352K · March 2017

About 114, Ruby Residence

114 is a one-bedroom apartment of 773 sqft on the 1st floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 2 March 2017 for AED 351,597, or AED 455 per sqft, 48% below the AED 878 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 28 March 2017, is AED 65,780 a year: a gross yield of 18.7% on the 2017 price, before the service charge of about AED 10,900 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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 767,794; 2016 AED 678,422; 2017 AED 704,975; 2018 AED 647,655; 2019 AED 510,279; 2020 AED 390,000; 2021 AED 350,000; 2022 AED 382,500; 2023 AED 450,000; 2024 AED 550,000; 2025 AED 652,500; 2026 AED 740,000Sold by developer, March 2017: AED 351,597 (AED 455 per sqft)

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

Rents
Unit 114, each contractTypical one-bed in Ruby Residence
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 40,000; 2014 AED 44,000; 2015 AED 50,000; 2016 AED 53,250; 2017 AED 54,000; 2018 AED 51,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 32,000; 2022 AED 35,100; 2023 AED 40,175; 2024 AED 48,000; 2025 AED 53,120; 2026 AED 55,000New contract, September 2013: AED 48,000 a yearNew contract, September 2014: AED 50,400 a yearRenewal, September 2015: AED 52,920 a yearNew contract, March 2017: AED 65,780 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 114 sits

All 103 1-beds →

114 last sold in March 2017 at AED 455 per sqft, 48% below what one-beds in Ruby Residence were fetching at the time (AED 878). Over the last 12 months one-beds sold for AED 690,000 to 800,000, around AED 957 per sqft, and rent for AED 43,832 to 81,600 a year. 114's AED 65,780 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026690,000
8 Jul 2026740,000
26 Jun 2026720,000
21 May 2026760,000
7 1-bed sales in the last 12 months

Ruby Residence

Building

137 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Deyaar. 8 sold in the last 12 months.

Typical price per sqft
AED 964
Typical sale
AED 745K
Typical rent
AED 58K /yr
Typical yield
7.5%
Ruby Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 137 units in Ruby Residence
Value
1011-bedAED 610K · Jul 2015
1021-bedAED 750K · May 2026
1031-bedAED 786K · Aug 2015
1041-bedAED 625K · Feb 2025
1051-bedAED 630K · Apr 2025
1061-bedAED 404K · May 2023
1071-bedAED 740K · Jul 2026
1–7 of 19

114, Ruby Residence in numbers

  • Sold once: by Deyaar on 2 March 2017 for AED 351,597, or AED 455 per sqft.
  • Rented since September 2013 on 4 Ejari contracts, from AED 48,000 to AED 65,780 a year.
  • At AED 65,780 a year the gross yield on the 2017 price is 18.7%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).
  • One-beds in Ruby Residence sold for AED 690,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 964 per sqft.

Source: Dubai Land Department. Updated 28 March 2017.

Questions about 114, Ruby Residence

What did unit 114 last sell for?

AED 351,597 on 2 March 2017, sold by the developer: AED 455 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 65,780 a year on the contract signed on 28 March 2017. The previous contract, from September 2015, was AED 52,920; the unit has been rented since September 2013.

How big is unit 114?

773 sqft (71.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ruby Residence sold for AED 690,000 to 800,000 in the last 12 months, around AED 957 per sqft.

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Mortgage on 114, Ruby Residence

Starts from the last sale price (AED 352K, 2 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 351,597
Deposit, UAE resident (20%)
AED 70,319
Deposit, non-resident (40%)
AED 140,639
Monthly over 25 years at 3.7%
AED 1,438

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