1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 2nd floor · completed 2010

203, Ruby Residence

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 736K1 June 2015
Current rentAED 44K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Ruby Residence

What is 203 worth today?

Last sold for AED 736,193 in 2015

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10 Apr 2024RentedRenewal
AED 44,000/yr12 months · AED 58 per sqft
10 Apr 2023RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
1 Jun 2015Sold by developerOff-plan
AED 736,193AED 952 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 8
Parking
B - 92
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 736K · June 2015

About 203, Ruby Residence

203 is a one-bedroom apartment of 773 sqft on the 2nd floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 1 June 2015 for AED 736,193, or AED 952 per sqft, 5% below the AED 1,003 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 44,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 10,900 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 2015: AED 736,193 (AED 952 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Ruby Residence
40K2012201620202024Typical 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, April 2023: AED 42,000 a yearRenewal, April 2024: AED 44,000 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 203 sits

All 103 1-beds →

203 last sold in June 2015 at AED 952 per sqft, 5% below what one-beds in Ruby Residence were fetching at the time (AED 1,003). 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. 203's AED 44,000 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
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 2nd floor

All 137 units in Ruby Residence
Value
2011-bedAED 680K · Oct 2014
2021-bedAED 766K · Aug 2015
2041-bedAED 450K · Jul 2023
2051-bedAED 766K · Sep 2014
2061-bedAED 291K · Feb 2024
2071-bedAED 450K · May 2023
2081-bedAED 717K · Nov 2016
1–7 of 19

203, Ruby Residence in numbers

  • Sold once: by Deyaar on 1 June 2015 for AED 736,193, or AED 952 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, from AED 42,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2015 price is 6.0%, 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 10 April 2024.

Questions about 203, Ruby Residence

What did unit 203 last sell for?

AED 736,193 on 1 June 2015, sold by the developer: AED 952 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 44,000 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 42,000.

How big is unit 203?

773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 203 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 203, Ruby Residence

Starts from the last sale price (AED 736K, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 736,193
Deposit, UAE resident (20%)
AED 147,239
Deposit, non-resident (40%)
AED 294,477
Monthly over 25 years at 3.7%
AED 3,012

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