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

216, Ruby Residence

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 216 · DLD and Ejari recordsUpdated 12 April 2017

Last soldAED 725K22 December 2016

Current rentAED 50K /yr12 April 2017

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 216, Ruby Residence

Today

What is 216 worth today?

Last sold for AED 725,033 in 2016

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12 Apr 2017

12 Apr 2017RentedNew contract

AED 50,000/yr12 months · AED 65 per sqft

22 Dec 2016

22 Dec 2016Sold by developerReady

AED 725,033AED 938 per sqft

20 Jan 2016

20 Jan 2016RentedRenewal

AED 48,400/yr12 months · AED 63 per sqft

20 Jan 2015

20 Jan 2015RentedRenewal

AED 44,000/yr12 months · AED 57 per sqft

20 Jan 2014

20 Jan 2014RentedNew contract

AED 40,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 12 April 2017.

Key facts

Type: 1-bed apartment
Size: 773 sqft
Floor: 2nd of 8
Parking: G - 100
Developer: Deyaar
Completed: 2010
Service charge: AED 11,000 /yr
Last sold: AED 725K · December 2016
Building: Ruby Residence

About 216, Ruby Residence

216 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 22 December 2016 for AED 725,033, or AED 938 per sqft, 7% above the AED 878 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 12 April 2017, is AED 50,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 216 over time

Sales

Unit 216, each saleTypical one-bed in Ruby Residence

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

Rents

Unit 216, each contractTypical one-bed in Ruby Residence

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 216 sits

All 103 1-beds →

1-beds in Ruby Residence · last 12 months957 /sqft Ruby Residence · all types964 /sqft

216 last sold in December 2016 at AED 938 per sqft, 7% above what one-beds in Ruby Residence were fetching at the time (AED 878). 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. 216's AED 50,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


201	1-bed	779 sqft	AED 680KAED 680,000 · Oct 2014October 2014	60,000 /yr
202	1-bed	773 sqft	AED 766KAED 766,194 · Aug 2015August 2015	60,000 /yr
203	1-bed	773 sqft	AED 736KAED 736,193 · Jun 2015June 2015	44,000 /yr
204	1-bed	773 sqft	AED 450KAED 450,000 · Jul 2023July 2023	57,000 /yr
205	1-bed	773 sqft	AED 766KAED 766,193 · Sep 2014September 2014	43,832 /yr
206	1-bed	390 sqft	AED 291KAED 290,545 · Feb 2024February 2024	45,045 /yr
207	1-bed	773 sqft	AED 450KAED 450,000 · May 2023May 2023	47,610 /yr
208	1-bed	773 sqft	AED 717KAED 717,150 · Nov 2016November 2016	46,755 /yr
209	1-bed	773 sqft	AED 460KAED 460,000 · Jul 2023July 2023	33,000 /yr
210	1-bed	773 sqft	AED 731KAED 731,116 · Feb 2017February 2017	55,000 /yr
211	1-bed	773 sqft	AED 760KAED 760,000 · May 2026May 2026	58,000 /yr
212	1-bed	777 sqft	AED 712KAED 711,722 · Dec 2017December 2017	60,000 /yr
213	1-bed	773 sqft	AED 512KAED 512,000 · Feb 2024February 2024	57,780 /yr
214	1-bed	773 sqft	AED 390KAED 390,000 · Aug 2020August 2020	39,000 /yr
215	1-bed	777 sqft	AED 345KAED 345,438 · Jan 2018January 2018	52,000 /yr
217	1-bed	773 sqft	AED 328KAED 327,855 · Oct 2016October 2016	58,000 /yr
218	1-bed	773 sqft	AED 335KAED 335,000 · Jun 2021June 2021	38,000 /yr
219	1-bed	773 sqft	AED 400KAED 400,000 · Nov 2020November 2020	53,000 /yr
220	1-bed	773 sqft	AED 388KAED 387,605 · May 2014May 2014	55,000 /yr

1–7 of 19

216, Ruby Residence in numbers

Sold once: by Deyaar on 22 December 2016 for AED 725,033, or AED 938 per sqft.
Rented since January 2014 on 4 Ejari contracts, from AED 40,000 to AED 50,000 a year.
At AED 50,000 a year the gross yield on the 2016 price is 6.9%, 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 12 April 2017.

Questions about 216, Ruby Residence

What did unit 216 last sell for?

AED 725,033 on 22 December 2016, sold by the developer: AED 938 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 50,000 a year on the contract signed on 12 April 2017. The previous contract, from January 2016, was AED 48,400; the unit has been rented since January 2014.

How big is unit 216?

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

What is unit 216 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 216, Ruby Residence

Starts from the last sale price (AED 725K, 22 December 2016). Switch to today's estimate once you have unlocked it.

Price: AED 725,033
Deposit, UAE resident (20%): AED 145,007
Deposit, non-resident (40%): AED 290,013
Monthly over 25 years at 3.7%: AED 2,966

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