1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 3rd floor · completed 2010

305, Ruby Residence

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

Unit 305 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 671K29 November 2016
Current rentAED 34K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Ruby Residence

What is 305 worth today?

Last sold for AED 671,498 in 2016

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1 Aug 2023RentedNew contract
AED 34,000/yr12 months · AED 44 per sqft
1 Aug 2022RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
25 Jun 2021RentedNew contract
AED 27,000/yr12 months · AED 35 per sqft
28 Apr 2020RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
28 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
1 Mar 2017RentedNew contract
AED 50,200/yr12 months · AED 65 per sqft
29 Nov 2016Sold by developerReady
AED 671,498AED 869 per sqft
29 Feb 2016RentedRenewal
AED 47,817/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
G - 116
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 671K · November 2016

About 305, Ruby Residence

305 is a one-bedroom apartment of 773 sqft on the 3rd floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 29 November 2016 for AED 671,498, or AED 869 per sqft, in line with the AED 877 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 August 2023, is AED 34,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 10,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, November 2016: AED 671,498 (AED 869 per sqft)

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

Rents
Unit 305, 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, March 2014: AED 37,800 a yearRenewal, March 2015: AED 43,470 a yearRenewal, February 2016: AED 47,817 a yearNew contract, March 2017: AED 50,200 a yearNew contract, April 2019: AED 40,000 a yearRenewal, April 2020: AED 36,000 a yearNew contract, June 2021: AED 27,000 a yearNew contract, August 2022: AED 32,000 a yearNew contract, August 2023: AED 34,000 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 305 sits

All 103 1-beds →

305 last sold in November 2016 at AED 869 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 877). 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. 305's AED 34,000 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 3rd floor

All 137 units in Ruby Residence
Value
3021-bedAED 769K · Jun 2015
3031-bedAED 645K · Jun 2025
3041-bedAED 605K · Jul 2024
3061-bedAED 415K · Nov 2022
3071-bedAED 480K · Oct 2023
3081-bedAED 300K · Jan 2021
3091-bedAED 600K · Jun 2024
1–7 of 18

305, Ruby Residence in numbers

  • Sold once: by Deyaar on 29 November 2016 for AED 671,498, or AED 869 per sqft.
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 37,800 to AED 27,000 in 2021 and recovered to AED 34,000 by August 2023.
  • At AED 34,000 a year the gross yield on the 2016 price is 5.1%, 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 1 August 2023.

Questions about 305, Ruby Residence

What did unit 305 last sell for?

AED 671,498 on 29 November 2016, sold by the developer: AED 869 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 34,000 a year on the contract signed on 1 August 2023. The previous contract, from August 2022, was AED 32,000; the unit has been rented since March 2014.

How big is unit 305?

773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 305 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 305, Ruby Residence

Starts from the last sale price (AED 671K, 29 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 671,498
Deposit, UAE resident (20%)
AED 134,300
Deposit, non-resident (40%)
AED 268,599
Monthly over 25 years at 3.7%
AED 2,747

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