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

313, Ruby Residence

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 7 November 2016
Last soldAED 352K7 November 2016
Current rentAED 52K /yr19 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Ruby Residence

What is 313 worth today?

Last sold for AED 351,647 in 2016

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7 Nov 2016Sold by developerReady
AED 351,647AED 455 per sqft
19 Jul 2016RentedRenewal
AED 52,371/yr12 months · AED 68 per sqft
19 Jul 2015RentedRenewal
AED 47,610/yr12 months · AED 62 per sqft
19 Jul 2014RentedNew contract
AED 41,400/yr12 months · AED 54 per sqft
19 Jul 2013RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 7 November 2016.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
B - 64
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 352K · November 2016

About 313, Ruby Residence

313 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 November 2016 for AED 351,647, or AED 455 per sqft, 48% below the AED 877 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 19 July 2016, is AED 52,371 a year: a gross yield of 14.9% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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 351,647 (AED 455 per sqft)

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

Rents
Unit 313, 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, July 2013: AED 36,000 a yearNew contract, July 2014: AED 41,400 a yearRenewal, July 2015: AED 47,610 a yearRenewal, July 2016: AED 52,371 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 313 sits

All 103 1-beds →

313 last sold in November 2016 at AED 455 per sqft, 48% below 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. 313's AED 52,371 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
3061-bedAED 415K · Nov 2022
3071-bedAED 480K · Oct 2023
3081-bedAED 300K · Jan 2021
1–7 of 18

313, Ruby Residence in numbers

  • Sold once: by Deyaar on 7 November 2016 for AED 351,647, or AED 455 per sqft.
  • Rented since July 2013 on 4 Ejari contracts, from AED 36,000 to AED 52,371 a year.
  • At AED 52,371 a year the gross yield on the 2016 price is 14.9%, 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 7 November 2016.

Questions about 313, Ruby Residence

What did unit 313 last sell for?

AED 351,647 on 7 November 2016, sold by the developer: AED 455 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 52,371 a year on the contract renewed on 19 July 2016. The previous contract, from July 2015, was AED 47,610; the unit has been rented since July 2013.

How big is unit 313?

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

What is unit 313 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 313, Ruby Residence

Starts from the last sale price (AED 352K, 7 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 351,647
Deposit, UAE resident (20%)
AED 70,329
Deposit, non-resident (40%)
AED 140,659
Monthly over 25 years at 3.7%
AED 1,439

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