308, Ruby Residence
Sold prices and rental history: sold once, by the developer in January 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Ruby Residence
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 3rd of 8
- Parking
- B - 55
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 300K · January 2021
- Building
- Ruby Residence
About 308, Ruby Residence
308 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 7 January 2021 for AED 300,000, or AED 388 per sqft, 20% below the AED 488 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 32,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 10,900 a year.
Sales and rents for 308 over time
308 has sold once; 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 308 sits
All 103 1-beds →308 last sold in January 2021 at AED 388 per sqft, 20% below what one-beds in Ruby Residence were fetching at the time (AED 488). 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. 308's AED 32,000 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 3rd floor
All 137 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 1-bed | 773 sqft | AED 769KAED 769,395 · Jun 2015June 2015 | 53,000 /yr | |
| 303 | 1-bed | 773 sqft | AED 645KAED 645,000 · Jun 2025June 2025 | 53,000 /yr | |
| 304 | 1-bed | 773 sqft | AED 605KAED 605,000 · Jul 2024July 2024 | 60,000 /yr | |
| 305 | 1-bed | 773 sqft | AED 671KAED 671,498 · Nov 2016November 2016 | 34,000 /yr | |
| 306 | 1-bed | 779 sqft | AED 415KAED 415,000 · Nov 2022November 2022 | 46,500 /yr | |
| 307 | 1-bed | 773 sqft | AED 480KAED 480,000 · Oct 2023October 2023 | 15,000 /yr | |
| 309 | 1-bed | 773 sqft | AED 600KAED 600,000 · Jun 2024June 2024 | 57,000 /yr | |
| 310 | 1-bed | 773 sqft | AED 475KAED 475,000 · Jan 2023January 2023 | ||
| 311 | 1-bed | 773 sqft | AED 715KAED 715,000 · Nov 2025November 2025 | 58,000 /yr | |
| 312 | 1-bed | 777 sqft | AED 550KAED 550,000 · May 2024May 2024 | 46,058 /yr | |
| 313 | 1-bed | 773 sqft | AED 352KAED 351,647 · Nov 2016November 2016 | 52,371 /yr | |
| 314 | 1-bed | 773 sqft | AED 710KAED 710,000 · Sep 2025September 2025 | 40,701 /yr | |
| 315 | 1-bed | 777 sqft | AED 720KAED 720,000 · Jun 2026June 2026 | 58,000 /yr | |
| 316 | 1-bed | 773 sqft | AED 630KAED 630,000 · Feb 2025February 2025 | 42,000 /yr | |
| 317 | 1-bed | 773 sqft | AED 400KAED 400,000 · Dec 2021December 2021 | 49,000 /yr | |
| 318 | 1-bed | 773 sqft | AED 662KAED 662,238 · May 2017May 2017 | 46,200 /yr | |
| 319 | 1-bed | 773 sqft | AED 725KAED 724,930 · Nov 2016November 2016 | 46,305 /yr | |
| 320 | 1-bed | 773 sqft | AED 455KAED 455,000 · Nov 2023November 2023 | 34,000 /yr |
308, Ruby Residence in numbers
- Sold once: by Deyaar on 7 January 2021 for AED 300,000, or AED 388 per sqft.
- Rented since February 2015 on 6 Ejari contracts, from AED 50,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2021 price is 10.7%, 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 February 2022.
Questions about 308, Ruby Residence
What did unit 308 last sell for?
AED 300,000 on 7 January 2021, sold by the developer: AED 388 per sqft for 773 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 32,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 32,000; the unit has been rented since February 2015.
How big is unit 308?
773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.
What is unit 308 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 308, Ruby Residence
Starts from the last sale price (AED 300K, 7 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →