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

220, Ruby Residence

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 220 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 388K20 May 2014
Current rentAED 55K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 220, Ruby Residence

What is 220 worth today?

Last sold for AED 387,605 in 2014

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15 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
10 Oct 2023RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
3 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
1 Jul 2018RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
1 Jul 2017RentedNew contract
AED 52,000/yr12 months · AED 67 per sqft
7 Apr 2016RentedRenewal
AED 50,474/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 8
Parking
B - 93
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 388K · May 2014

About 220, Ruby Residence

220 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 20 May 2014 for AED 387,605, or AED 501 per sqft, 50% below the AED 997 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 November 2024, is AED 55,000 a year: a gross yield of 14.2% on the 2014 price, before the service charge of about AED 10,900 a year.

Sales and rents for 220 over time

Sales
Unit 220, 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, February 2010: AED 372,605 (AED 482 per sqft)Sold, May 2014: AED 387,605 (AED 501 per sqft)

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

Rents
Unit 220, 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, April 2015: AED 48,069 a yearRenewal, August 2015: AED 48,071 a yearRenewal, April 2016: AED 50,474 a yearNew contract, July 2017: AED 52,000 a yearRenewal, July 2018: AED 50,000 a yearNew contract, October 2019: AED 38,000 a yearNew contract, October 2020: AED 35,000 a yearNew contract, October 2021: AED 30,000 a yearNew contract, October 2023: AED 47,000 a yearNew contract, November 2024: AED 55,000 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 220 sits

All 103 1-beds →

220 last sold in May 2014 at AED 501 per sqft, 50% below what one-beds in Ruby Residence were fetching at the time (AED 997). 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. 220's AED 55,000 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

220, Ruby Residence in numbers

  • Sold twice: first on 2 February 2010 for AED 372,605, last on 20 May 2014 for AED 387,605 (AED 501 per sqft).
  • Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 48,069 to AED 30,000 in 2021 and recovered to AED 55,000 by November 2024.
  • At AED 55,000 a year the gross yield on the 2014 price is 14.2%, 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 15 November 2024.

Questions about 220, Ruby Residence

What did unit 220 last sell for?

AED 387,605 on 20 May 2014: AED 501 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 372,605 in February 2010.

What is the rent for unit 220?

AED 55,000 a year on the contract signed on 15 November 2024. The previous contract, from October 2023, was AED 47,000; the unit has been rented since April 2015.

How big is unit 220?

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

What is unit 220 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 220, Ruby Residence

Starts from the last sale price (AED 388K, 20 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 387,605
Deposit, UAE resident (20%)
AED 77,521
Deposit, non-resident (40%)
AED 155,042
Monthly over 25 years at 3.7%
AED 1,586

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