1-bed · 777 sqftRuby Residence, Dubai Silicon Oasis · 2nd floor · completed 2010

212, Ruby Residence

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

Unit 212 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 712K18 December 2017
Current rentAED 60K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Ruby Residence

What is 212 worth today?

Last sold for AED 711,722 in 2017

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25 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
12 Oct 2022RentedNew contract
AED 41,500/yr24 months · AED 54 per sqft
18 Dec 2017Sold by developerReady
AED 711,722AED 915 per sqft
25 Jul 2017RentedRenewal
AED 52,371/yr12 months · AED 67 per sqft
25 Jul 2016RentedRenewal
AED 52,371/yr12 months · AED 67 per sqft
25 Jul 2015RentedRenewal
AED 47,610/yr12 months · AED 61 per sqft
25 Jul 2014RentedRenewal
AED 41,400/yr12 months · AED 53 per sqft
25 Jul 2013RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
2nd of 8
Parking
G - 102
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 712K · December 2017

About 212, Ruby Residence

212 is a one-bedroom apartment of 777 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 18 December 2017 for AED 711,722, or AED 915 per sqft, in line with the AED 906 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 25 October 2024, is AED 60,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 11,000 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, December 2017: AED 711,722 (AED 915 per sqft)

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

Rents
Unit 212, 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, July 2013: AED 36,000 a yearRenewal, 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 yearNew contract, October 2022: AED 41,500 a yearNew contract, October 2024: AED 60,000 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 212 sits

All 103 1-beds →

212 last sold in December 2017 at AED 915 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 906). 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. 212's AED 60,000 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
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

212, Ruby Residence in numbers

  • Sold once: by Deyaar on 18 December 2017 for AED 711,722, or AED 915 per sqft.
  • Rented since July 2013 on 7 Ejari contracts, from AED 36,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 11,000 a year (AED 14.17 per sqft).
  • One-beds in Ruby Residence sold for AED 690,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 964 per sqft.

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 212, Ruby Residence

What did unit 212 last sell for?

AED 711,722 on 18 December 2017, sold by the developer: AED 915 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 60,000 a year on the contract signed on 25 October 2024. The previous contract, from October 2022, was AED 41,500; the unit has been rented since July 2013.

How big is unit 212?

777 sqft (72.2 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 212 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 212, Ruby Residence

Starts from the last sale price (AED 712K, 18 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 711,722
Deposit, UAE resident (20%)
AED 142,344
Deposit, non-resident (40%)
AED 284,689
Monthly over 25 years at 3.7%
AED 2,912

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