118, Ruby Residence
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Ruby Residence
What is 118 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 1st of 8
- Parking
- G - 165
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 585K · June 2024
- Building
- Ruby Residence
About 118, Ruby Residence
118 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 11 June 2024 for AED 585,000, or AED 757 per sqft, 7% above the AED 707 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 9 Ejari contracts. The current contract, signed on 5 September 2026, is AED 62,000 a year: a gross yield of 10.6% on the 2024 price, before the service charge of about AED 10,900 a year.
Sales and rents for 118 over time
118 has sold twice; the dashed line is the one-bed median of each year in the building.
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 118 sits
All 103 1-beds →118 last sold in June 2024 at AED 757 per sqft, 7% above what one-beds in Ruby Residence were fetching at the time (AED 707). 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. 118's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 773 sqft | 690,000 | 892 | ||
| 8 Jul 20268 July 2026 | 773 sqft | 740,000 | 957 | ||
| 26 Jun 202626 June 2026 | 777 sqft | 720,000 | 926 | ||
| 21 May 202621 May 2026 | 773 sqft | 760,000 | 983 |
Ruby Residence
Building137 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%
Other units on the 1st floor
All 137 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 779 sqft | AED 610KAED 610,000 · Jul 2015July 2015 | 50,000 /yr | |
| 102 | 1-bed | 773 sqft | AED 750KAED 750,000 · May 2026May 2026 | 60,000 /yr | |
| 103 | 1-bed | 773 sqft | AED 786KAED 786,193 · Aug 2015August 2015 | 44,000 /yr | |
| 104 | 1-bed | 773 sqft | AED 625KAED 625,000 · Feb 2025February 2025 | 55,000 /yr | |
| 105 | 1-bed | 773 sqft | AED 630KAED 630,000 · Apr 2025April 2025 | 55,000 /yr | |
| 106 | 1-bed | 779 sqft | AED 404KAED 404,235 · May 2023May 2023 | 70,000 /yr | |
| 107 | 1-bed | 773 sqft | AED 740KAED 740,000 · Jul 2026July 2026 | 52,371 /yr | |
| 108 | 1-bed | 773 sqft | AED 710KAED 710,000 · Sep 2025September 2025 | 81,600 /yr | |
| 109 | 1-bed | 773 sqft | AED 560KAED 560,000 · Jun 2017June 2017 | 34,101 /yr | |
| 110 | 1-bed | 773 sqft | AED 365KAED 365,000 · Nov 2020November 2020 | 50,000 /yr | |
| 111 | 1-bed | 773 sqft | AED 690KAED 690,000 · Oct 2026October 2026 | 48,300 /yr | |
| 112 | 1-bed | 777 sqft | AED 1.09MAED 1,090,863 · Feb 2014February 2014 | 53,240 /yr | |
| 113 | 1-bed | 773 sqft | AED 430KAED 430,000 · Feb 2023February 2023 | 65,001 /yr | |
| 114 | 1-bed | 773 sqft | AED 352KAED 351,597 · Mar 2017March 2017 | 65,780 /yr | |
| 115 | 1-bed | 777 sqft | AED 590KAED 590,000 · May 2015May 2015 | 57,000 /yr | |
| 116 | 1-bed | 773 sqft | AED 300KAED 300,000 · Sep 2011September 2011 | 46,200 /yr | |
| 117 | 1-bed | 773 sqft | AED 328KAED 327,855 · Oct 2016October 2016 | 58,000 /yr | |
| 119 | 1-bed | 773 sqft | AED 680KAED 680,179 · Jun 2014June 2014 | 52,500 /yr | |
| 120 | 1-bed | 773 sqft | AED 645KAED 645,000 · Sep 2025September 2025 | 52,000 /yr |
118, Ruby Residence in numbers
- Sold twice: first on 16 May 2021 for AED 317,000, last on 11 June 2024 for AED 585,000 (AED 757 per sqft).
- Rented since March 2022 on 9 Ejari contracts, from AED 36,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2024 price is 10.6%, 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 5 September 2026.
Questions about 118, Ruby Residence
What did unit 118 last sell for?
AED 585,000 on 11 June 2024: AED 757 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 317,000 in May 2021.
What is the rent for unit 118?
AED 62,000 a year on the contract signed on 5 September 2026. The previous contract, from August 2026, was AED 51,000; the unit has been rented since March 2022.
How big is unit 118?
773 sqft (71.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.
What is unit 118 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 118, Ruby Residence
Starts from the last sale price (AED 585K, 11 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 585,000
- Deposit, UAE resident (20%)
- AED 117,000
- Deposit, non-resident (40%)
- AED 234,000
- Monthly over 25 years at 3.7%
- AED 2,393
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →