1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 4th floor · completed 2010

402, Ruby Residence

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

Unit 402 · DLD and Ejari recordsUpdated 13 October 2017
Last soldAED 678K18 July 2016
Current rentAED 56K /yr13 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Ruby Residence

What is 402 worth today?

Last sold for AED 678,281 in 2016

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13 Oct 2017RentedRenewal
AED 55,567/yr7 months · AED 72 per sqft
13 Oct 2016RentedNew contract
AED 55,556/yr12 months · AED 72 per sqft
18 Jul 2016Sold by developerReady
AED 678,281AED 878 per sqft
13 Oct 2015RentedRenewal
AED 52,920/yr12 months · AED 69 per sqft
13 Oct 2014RentedNew contract
AED 50,400/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 13 October 2017.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 8
Parking
B - 79
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 678K · July 2016

About 402, Ruby Residence

402 is a one-bedroom apartment of 773 sqft on the 4th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 18 July 2016 for AED 678,281, or AED 878 per sqft, in line with the AED 891 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 13 October 2017, is AED 55,567 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 10,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, July 2016: AED 678,281 (AED 878 per sqft)

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

Rents
Unit 402, 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, October 2014: AED 50,400 a yearRenewal, October 2015: AED 52,920 a yearNew contract, October 2016: AED 55,556 a yearRenewal, October 2017: AED 55,567 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 402 sits

All 103 1-beds →

402 last sold in July 2016 at AED 878 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 891). 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. 402's AED 55,567 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 4th floor

All 137 units in Ruby Residence
Value
4011-bedAED 450K · Sep 2021
4031-bedAED 769K · May 2016
4041-bedAED 660K · May 2025
4051-bedAED 700K · Feb 2014
4061-bedAED 715K · Dec 2025
4071-bedAED 288K · Feb 2024
4081-bedAED 732K · Jan 2017
1–7 of 19

402, Ruby Residence in numbers

  • Sold once: by Deyaar on 18 July 2016 for AED 678,281, or AED 878 per sqft.
  • Rented since October 2014 on 4 Ejari contracts, from AED 50,400 to AED 55,567 a year.
  • At AED 55,567 a year the gross yield on the 2016 price is 8.2%, 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 13 October 2017.

Questions about 402, Ruby Residence

What did unit 402 last sell for?

AED 678,281 on 18 July 2016, sold by the developer: AED 878 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 55,567 a year on the contract renewed on 13 October 2017. The previous contract, from October 2016, was AED 55,556; the unit has been rented since October 2014.

How big is unit 402?

773 sqft (71.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 402 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 402, Ruby Residence

Starts from the last sale price (AED 678K, 18 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 678,281
Deposit, UAE resident (20%)
AED 135,656
Deposit, non-resident (40%)
AED 271,312
Monthly over 25 years at 3.7%
AED 2,775

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