408, Ruby Residence
Sold prices and rental history: sold once, by the developer in January 2017, and rented once, from September 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Ruby Residence
What is 408 worth today?
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Source: Dubai Land Department. Updated 19 January 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 4th of 8
- Parking
- B-25
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 732K · January 2017
- Building
- Ruby Residence
About 408, Ruby Residence
408 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 19 January 2017 for AED 731,785, or AED 946 per sqft, 7% above the AED 885 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 September 2014. The current contract, signed on 1 September 2014, is AED 50,400 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 10,900 a year.
Sales and rents for 408 over time
408 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 408 sits
All 103 1-beds →408 last sold in January 2017 at AED 946 per sqft, 7% above what one-beds in Ruby Residence were fetching at the time (AED 885). 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. 408's AED 50,400 is in the lower half 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 4th floor
All 137 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 779 sqft | AED 450KAED 450,000 · Sep 2021September 2021 | 50,000 /yr | |
| 402 | 1-bed | 773 sqft | AED 678KAED 678,281 · Jul 2016July 2016 | 55,567 /yr | |
| 403 | 1-bed | 773 sqft | AED 769KAED 769,394 · May 2016May 2016 | 42,000 /yr | |
| 404 | 1-bed | 773 sqft | AED 660KAED 660,000 · May 2025May 2025 | 59,178 /yr | |
| 405 | 1-bed | 773 sqft | AED 700KAED 700,000 · Feb 2014February 2014 | 60,000 /yr | |
| 406 | 1-bed | 779 sqft | AED 715KAED 715,000 · Dec 2025December 2025 | 38,400 /yr | |
| 407 | 1-bed | 386 sqft | AED 288KAED 288,059 · Feb 2024February 2024 | 46,305 /yr | |
| 409 | 1-bed | 773 sqft | AED 660KAED 660,000 · Jul 2014July 2014 | 34,000 /yr | |
| 410 | 1-bed | 773 sqft | AED 540KAED 540,000 · Apr 2014April 2014 | 58,000 /yr | |
| 411 | 1-bed | 773 sqft | AED 455KAED 455,000 · Aug 2016August 2016 | 45,000 /yr | |
| 412 | 1-bed | 777 sqft | AED 838KAED 838,344 · Nov 2014November 2014 | ||
| 413 | 1-bed | 773 sqft | AED 789KAED 788,958 · Nov 2014November 2014 | 54,075 /yr | |
| 414 | 1-bed | 773 sqft | AED 485KAED 485,000 · Oct 2022October 2022 | 70,000 /yr | |
| 415 | 1-bed | 777 sqft | AED 365KAED 365,000 · Jul 2021July 2021 | 44,000 /yr | |
| 416 | 1-bed | 773 sqft | AED 662KAED 662,332 · May 2017May 2017 | 45,780 /yr | |
| 417 | 1-bed | 773 sqft | AED 662KAED 662,332 · Dec 2016December 2016 | 35,000 /yr | |
| 418 | 1-bed | 773 sqft | AED 605KAED 605,000 · Jan 2025January 2025 | 37,000 /yr | |
| 419 | 1-bed | 773 sqft | AED 662KAED 662,238 · Oct 2016October 2016 | 52,000 /yr | |
| 420 | 1-bed | 773 sqft | AED 340KAED 340,000 · Jun 2021June 2021 | 58,000 /yr |
408, Ruby Residence in numbers
- Sold once: by Deyaar on 19 January 2017 for AED 731,785, or AED 946 per sqft.
- Rented since September 2014 on one Ejari contract, at AED 50,400 a year.
- At AED 50,400 a year the gross yield on the 2017 price is 6.9%, 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 19 January 2017.
Questions about 408, Ruby Residence
What did unit 408 last sell for?
AED 731,785 on 19 January 2017, sold by the developer: AED 946 per sqft for 773 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 50,400 a year on the contract signed on 1 September 2014.
How big is unit 408?
773 sqft (71.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 408 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 408, Ruby Residence
Starts from the last sale price (AED 732K, 19 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 731,785
- Deposit, UAE resident (20%)
- AED 146,357
- Deposit, non-resident (40%)
- AED 292,714
- Monthly over 25 years at 3.7%
- AED 2,994
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →