218, Ruby Residence
Sold prices and rental history: sold twice, last in June 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Ruby Residence
What is 218 worth today?
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Source: Dubai Land Department. Updated 6 June 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 2nd of 8
- Parking
- G - 94
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 335K · June 2021
- Building
- Ruby Residence
About 218, Ruby Residence
218 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 6 June 2021 for AED 335,000, or AED 433 per sqft, 4% below the AED 453 one-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 December 2019, is AED 38,000 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 10,900 a year.
Sales and rents for 218 over time
218 has sold twice; the dashed line is the one-bed median of each year in the building.
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 218 sits
All 103 1-beds →218 last sold in June 2021 at AED 433 per sqft, 4% below what one-beds in Ruby Residence were fetching at the time (AED 453). 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. 218's AED 38,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Ruby Residence
Building137 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%
Other units on the 2nd floor
All 137 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 216 | 1-bed | 773 sqft | AED 725KAED 725,033 · Dec 2016December 2016 | 50,000 /yr | |
| 217 | 1-bed | 773 sqft | AED 328KAED 327,855 · Oct 2016October 2016 | 58,000 /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 |
218, Ruby Residence in numbers
- Sold twice: first on 1 November 2016 for AED 648,993, last on 6 June 2021 for AED 335,000 (AED 433 per sqft).
- Rented since September 2016 on 2 Ejari contracts, from AED 50,207 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2021 price is 11.3%, 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 6 June 2021.
Questions about 218, Ruby Residence
What did unit 218 last sell for?
AED 335,000 on 6 June 2021: AED 433 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 648,993 in November 2016.
What is the rent for unit 218?
AED 38,000 a year on the contract signed on 1 December 2019. The previous contract, from September 2016, was AED 50,207.
How big is unit 218?
773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.
What is unit 218 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 218, Ruby Residence
Starts from the last sale price (AED 335K, 6 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 335,000
- Deposit, UAE resident (20%)
- AED 67,000
- Deposit, non-resident (40%)
- AED 134,000
- Monthly over 25 years at 3.7%
- AED 1,371
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →