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1-bed · 779 sqftRuby Residence, Dubai Silicon Oasis · 3rd floor · completed 2010

306, Ruby Residence

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 415K22 November 2022
Current rentAED 47K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Ruby Residence

What is 306 worth today?

Last sold for AED 415,000 in 2022

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1 Mar 2025RentedRenewal
AED 46,500/yr12 months · AED 60 per sqft
1 Mar 2024RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
1 Mar 2023RentedNew contract
AED 36,800/yr12 months · AED 47 per sqft
22 Nov 2022SoldReady
AED 415,000AED 532 per sqft
1 Mar 2020RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
16 Dec 2018RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
16 Dec 2017RentedRenewal
AED 53,361/yr12 months · AED 69 per sqft
16 Dec 2016RentedRenewal
AED 50,820/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
3rd of 8
Parking
G - 115
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 415K · November 2022
Building
Ruby Residence

About 306, Ruby Residence

306 is a one-bedroom apartment of 779 sqft on the 3rd floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 22 November 2022 for AED 415,000, or AED 532 per sqft, in line with the AED 525 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 46,500 a year: a gross yield of 11.2% on the 2022 price, before the service charge of about AED 11,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, April 2011: AED 956,453 (AED 1,227 per sqft)Sold, October 2014: AED 1,006,453 (AED 1,291 per sqft)Sold, November 2022: AED 415,000 (AED 532 per sqft)

306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, 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, December 2015: AED 46,200 a yearRenewal, December 2016: AED 50,820 a yearRenewal, December 2017: AED 53,361 a yearRenewal, December 2018: AED 45,000 a yearNew contract, March 2020: AED 36,000 a yearNew contract, March 2023: AED 36,800 a yearNew contract, March 2024: AED 42,000 a yearRenewal, March 2025: AED 46,500 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 306 sits

All 103 1-beds →

306 last sold in November 2022 at AED 532 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 525). 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. 306's AED 46,500 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 3rd floor

All 137 units in Ruby Residence
Value
3021-bedAED 769K · Jun 2015
3031-bedAED 645K · Jun 2025
3041-bedAED 605K · Jul 2024
3051-bedAED 671K · Nov 2016
3071-bedAED 480K · Oct 2023
3081-bedAED 300K · Jan 2021
3091-bedAED 600K · Jun 2024
1–7 of 18

306, Ruby Residence in numbers

  • Sold 3 times: first on 27 April 2011 for AED 956,453, last on 22 November 2022 for AED 415,000 (AED 532 per sqft).
  • Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 46,200 to AED 36,000 in 2020 and recovered to AED 46,500 by March 2025.
  • At AED 46,500 a year the gross yield on the 2022 price is 11.2%, 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 1 March 2025.

Questions about 306, Ruby Residence

What did unit 306 last sell for?

AED 415,000 on 22 November 2022: AED 532 per sqft for 779 sqft. The unit has 3 registered sales; the first was AED 956,453 in April 2011.

What is the rent for unit 306?

AED 46,500 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 42,000; the unit has been rented since December 2015.

How big is unit 306?

779 sqft (72.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 306 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 306, Ruby Residence

Starts from the last sale price (AED 415K, 22 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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