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

214, Ruby Residence

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 5 August 2020
Last soldAED 390K5 August 2020
Current rentAED 39K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Ruby Residence

What is 214 worth today?

Last sold for AED 390,000 in 2020

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5 Aug 2020SoldReady
AED 390,000AED 504 per sqft
1 Jun 2020RentedRenewal
AED 39,000/yr12 months · AED 51 per sqft
1 Jun 2019RentedRenewal
AED 45,500/yr12 months · AED 60 per sqft
1 Jun 2018RentedRenewal
AED 53,000/yr12 months · AED 68 per sqft
1 Jun 2017RentedNew contract
AED 57,797/yr11 months · AED 75 per sqft
1 Jun 2017RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
25 May 2016RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
12 May 2016Sold by developerReady
AED 689,130AED 891 per sqft

Source: Dubai Land Department. Updated 5 August 2020.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 8
Parking
G - 110
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 390K · August 2020

About 214, Ruby Residence

214 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 5 August 2020 for AED 390,000, or AED 504 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 June 2020, is AED 39,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 10,900 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, May 2016: AED 689,130 (AED 891 per sqft)Sold, August 2020: AED 390,000 (AED 504 per sqft)

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

Rents
Unit 214, 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, October 2014: AED 43,470 a yearNew contract, November 2015: AED 60,000 a yearNew contract, May 2016: AED 60,000 a yearNew contract, June 2017: AED 57,797 a yearNew contract, June 2017: AED 55,000 a yearRenewal, June 2018: AED 53,000 a yearRenewal, June 2019: AED 45,500 a yearRenewal, June 2020: AED 39,000 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 214 sits

All 103 1-beds →

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. 214's AED 39,000 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

214, Ruby Residence in numbers

  • Sold twice: first on 12 May 2016 for AED 689,130, last on 5 August 2020 for AED 390,000 (AED 504 per sqft).
  • Rented since October 2014 on 8 Ejari contracts, from AED 43,470 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2020 price is 10.0%, 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 5 August 2020.

Questions about 214, Ruby Residence

What did unit 214 last sell for?

AED 390,000 on 5 August 2020: AED 504 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 689,130 in May 2016.

What is the rent for unit 214?

AED 39,000 a year on the contract renewed on 1 June 2020. The previous contract, from June 2019, was AED 45,500; the unit has been rented since October 2014.

How big is unit 214?

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

What is unit 214 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 214, Ruby Residence

Starts from the last sale price (AED 390K, 5 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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