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

209, Ruby Residence

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 460K12 July 2023
Current rentAED 33K /yr23 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Ruby Residence

What is 209 worth today?

Last sold for AED 460,000 in 2023

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12 Jul 2023SoldReady
AED 460,000AED 595 per sqft
23 Oct 2020RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
20 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
4 Mar 2019Sold by developerReady
AED 600,064AED 776 per sqft
20 Jul 2018RentedRenewal
AED 54,990/yr12 months · AED 71 per sqft
20 Jul 2017RentedRenewal
AED 52,371/yr12 months · AED 68 per sqft
20 Jul 2016RentedRenewal
AED 52,371/yr12 months · AED 68 per sqft
20 Jul 2015RentedRenewal
AED 47,610/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 8
Parking
G - 161
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 460K · July 2023
Building
Ruby Residence

About 209, Ruby Residence

209 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. It last sold on 12 July 2023 for AED 460,000, or AED 595 per sqft, 6% above the AED 559 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 23 October 2020, is AED 33,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 2019: AED 600,064 (AED 776 per sqft)Sold, July 2023: AED 460,000 (AED 595 per sqft)

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

Rents
Unit 209, 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, July 2013: AED 36,000 a yearNew contract, July 2014: AED 41,400 a yearRenewal, July 2015: AED 47,610 a yearRenewal, July 2016: AED 52,371 a yearRenewal, July 2017: AED 52,371 a yearRenewal, July 2018: AED 54,990 a yearNew contract, July 2019: AED 50,000 a yearNew contract, October 2020: AED 33,000 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 209 sits

All 103 1-beds →

209 last sold in July 2023 at AED 595 per sqft, 6% above what one-beds in Ruby Residence were fetching at the time (AED 559). 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. 209's AED 33,000 is at the bottom 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
2031-bedAED 736K · Jun 2015
2041-bedAED 450K · Jul 2023
2051-bedAED 766K · Sep 2014
2061-bedAED 291K · Feb 2024
2071-bedAED 450K · May 2023
1–7 of 19

209, Ruby Residence in numbers

  • Sold twice: first on 4 March 2019 for AED 600,064, last on 12 July 2023 for AED 460,000 (AED 595 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 36,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2023 price is 7.2%, 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 12 July 2023.

Questions about 209, Ruby Residence

What did unit 209 last sell for?

AED 460,000 on 12 July 2023: AED 595 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 600,064 in March 2019.

What is the rent for unit 209?

AED 33,000 a year on the contract signed on 23 October 2020. The previous contract, from July 2019, was AED 50,000; the unit has been rented since July 2013.

How big is unit 209?

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

What is unit 209 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 209, Ruby Residence

Starts from the last sale price (AED 460K, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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