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

417, Ruby Residence

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 25 February 2023
Last soldAED 662K22 December 2016
Current rentAED 35K /yr25 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Ruby Residence

What is 417 worth today?

Last sold for AED 662,332 in 2016

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25 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
25 Feb 2021RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
22 Feb 2020RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
31 Dec 2018RentedRenewal
AED 48,000/yr12 months · AED 62 per sqft
31 Dec 2017RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
31 Dec 2016RentedNew contract
AED 50,820/yr12 months · AED 66 per sqft
31 Dec 2016RentedNew contract
AED 50,820/yr12 months · AED 66 per sqft
22 Dec 2016Sold by developerReady
AED 662,332AED 856 per sqft

Source: Dubai Land Department. Updated 25 February 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 8
Parking
B - 88
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 662K · December 2016

About 417, Ruby Residence

417 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 22 December 2016 for AED 662,332, or AED 856 per sqft, in line with the AED 878 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 25 February 2023, is AED 35,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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, December 2016: AED 662,332 (AED 856 per sqft)

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

Rents
Unit 417, 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, January 2015: AED 44,000 a yearNew contract, December 2016: AED 50,820 a yearNew contract, December 2016: AED 50,820 a yearRenewal, December 2017: AED 50,000 a yearRenewal, December 2018: AED 48,000 a yearNew contract, February 2020: AED 30,000 a yearNew contract, February 2021: AED 28,000 a yearNew contract, February 2023: AED 35,000 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 417 sits

All 103 1-beds →

417 last sold in December 2016 at AED 856 per sqft, in line with what one-beds in Ruby Residence were fetching at the time (AED 878). 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. 417's AED 35,000 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

417, Ruby Residence in numbers

  • Sold once: by Deyaar on 22 December 2016 for AED 662,332, or AED 856 per sqft.
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 28,000 in 2021 and recovered to AED 35,000 by February 2023.
  • At AED 35,000 a year the gross yield on the 2016 price is 5.3%, 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 25 February 2023.

Questions about 417, Ruby Residence

What did unit 417 last sell for?

AED 662,332 on 22 December 2016, sold by the developer: AED 856 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 35,000 a year on the contract signed on 25 February 2023. The previous contract, from February 2021, was AED 28,000; the unit has been rented since January 2015.

How big is unit 417?

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

What is unit 417 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 417, Ruby Residence

Starts from the last sale price (AED 662K, 22 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 662,332
Deposit, UAE resident (20%)
AED 132,466
Deposit, non-resident (40%)
AED 264,933
Monthly over 25 years at 3.7%
AED 2,710

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