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

409, Ruby Residence

Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 660K13 July 2014
Current rentAED 34K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Ruby Residence

What is 409 worth today?

Last sold for AED 660,000 in 2014

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15 Jun 2022RentedNew contract
AED 34,000/yr12 months · AED 44 per sqft
5 Apr 2020RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
5 Apr 2019RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
10 Apr 2018RentedNew contract
AED 51,000/yr12 months · AED 66 per sqft
13 Jul 2014SoldReady
AED 660,000AED 854 per sqft
12 May 2014SoldReady
AED 769,394AED 995 per sqft
14 Jun 2009Sold by developerOff-plan
AED 1,040,273AED 1,346 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 8
Parking
G - 136
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 660K · July 2014

About 409, Ruby Residence

409 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. It last sold on 13 July 2014 for AED 660,000, or AED 854 per sqft, 16% below the AED 1,019 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 June 2022, is AED 34,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 10,900 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, June 2009: AED 1,040,273 (AED 1,346 per sqft)Sold, May 2014: AED 769,394 (AED 995 per sqft)Sold, July 2014: AED 660,000 (AED 854 per sqft)

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

Rents
Unit 409, 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, April 2018: AED 51,000 a yearNew contract, April 2019: AED 43,000 a yearRenewal, April 2020: AED 35,000 a yearNew contract, June 2022: AED 34,000 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 409 sits

All 103 1-beds →

409 last sold in July 2014 at AED 854 per sqft, 16% below what one-beds in Ruby Residence were fetching at the time (AED 1,019). 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. 409's AED 34,000 is at the bottom 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
4021-bedAED 678K · Jul 2016
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
1–7 of 19

409, Ruby Residence in numbers

  • Sold 3 times: first on 14 June 2009 for AED 1,040,273, last on 13 July 2014 for AED 660,000 (AED 854 per sqft).
  • Rented since April 2018 on 4 Ejari contracts, from AED 51,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2014 price is 5.1%, 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 15 June 2022.

Questions about 409, Ruby Residence

What did unit 409 last sell for?

AED 660,000 on 13 July 2014: AED 854 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 1,040,273 in June 2009.

What is the rent for unit 409?

AED 34,000 a year on the contract signed on 15 June 2022. The previous contract, from April 2020, was AED 35,000; the unit has been rented since April 2018.

How big is unit 409?

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

What is unit 409 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 409, Ruby Residence

Starts from the last sale price (AED 660K, 13 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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