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

116, Ruby Residence

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 300K14 September 2011
Current rentAED 53K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Ruby Residence

What is 116 worth today?

Last sold for AED 300,000 in 2011

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1 Oct 2026RentedRenewal
AED 53,000/yr12 months · AED 69 per sqft
1 Oct 2026RentedRenewal
AED 46,200/yr12 months · AED 60 per sqft
1 Oct 2025RentedRenewal
AED 53,000/yr12 months · AED 69 per sqft
1 Oct 2025RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
1 Oct 2024RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
1 Oct 2023RentedRenewal
AED 38,000/yr12 months · AED 49 per sqft
1 Oct 2022RentedNew contract
AED 37,000/yr12 months · AED 48 per sqft
1 Aug 2022RentedNew contract
AED 16,667/yr36 months · AED 22 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
1st of 8
Parking
B - 70
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 300K · September 2011
Building
Ruby Residence

About 116, Ruby Residence

116 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. It last sold on 14 September 2011 for AED 300,000, or AED 388 per sqft, 67% below the AED 1,190 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 53,000 a year: a gross yield of 17.7% on the 2011 price, before the service charge of about AED 11,000 a year.

Sales and rents for 116 over time

Sales
Unit 116, 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, June 2009: AED 800,210 (AED 1,035 per sqft)Sold, September 2011: AED 300,000 (AED 388 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Ruby Residence
20K40K60K2012201620202024Typical 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, January 2018: AED 40,000 a yearNew contract, September 2018: AED 43,000 a yearNew contract, August 2022: AED 16,667 a yearNew contract, October 2022: AED 37,000 a yearRenewal, October 2023: AED 38,000 a yearRenewal, October 2024: AED 40,000 a yearRenewal, October 2025: AED 53,000 a yearRenewal, October 2025: AED 42,000 a yearRenewal, October 2026: AED 53,000 a yearRenewal, October 2026: AED 46,200 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 116 sits

All 103 1-beds →

116 last sold in September 2011 at AED 388 per sqft, 67% below what one-beds in Ruby Residence were fetching at the time (AED 1,190). Over the last 12 months one-beds sold for AED 690,000 to 760,000, around AED 942 per sqft, and rent for AED 43,832 to 81,600 a year. 116's AED 53,000 is in the lower 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
6 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. 7 sold in the last 12 months.

Typical price per sqft
AED 957
Typical sale
AED 740K
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

116, Ruby Residence in numbers

  • Sold twice: first on 14 June 2009 for AED 800,210, last on 14 September 2011 for AED 300,000 (AED 388 per sqft).
  • Rented since January 2018 on 10 Ejari contracts. The rent fell from AED 40,000 to AED 16,667 in 2022 and recovered to AED 53,000 by October 2026.
  • At AED 53,000 a year the gross yield on the 2011 price is 17.7%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).
  • One-beds in Ruby Residence sold for AED 690,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 957 per sqft.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 116, Ruby Residence

What did unit 116 last sell for?

AED 300,000 on 14 September 2011: AED 388 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 800,210 in June 2009.

What is the rent for unit 116?

AED 53,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2026, was AED 46,200; the unit has been rented since January 2018.

How big is unit 116?

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

What is unit 116 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 760,000 in the last 12 months, around AED 942 per sqft.

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Mortgage on 116, Ruby Residence

Starts from the last sale price (AED 300K, 14 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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