1-bed · 779 sqftRuby Residence, Dubai Silicon Oasis · 5th floor · completed 2010

501, Ruby Residence

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 811K26 April 2018
Current rentAED 45K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Ruby Residence

What is 501 worth today?

Last sold for AED 811,054 in 2018

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20 Mar 2025RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
20 Mar 2025RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
20 Mar 2024RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
20 Mar 2023RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
10 Oct 2021RentedRenewal
AED 32,000/yr13 months · AED 41 per sqft
10 Sep 2020RentedNew contract
AED 32,000/yr13 months · AED 41 per sqft
1 Jul 2018RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
26 Apr 2018Sold by developerOff-plan
AED 811,054AED 1,040 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
5th of 8
Parking
B - 02
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 811K · April 2018

About 501, Ruby Residence

501 is a one-bedroom apartment of 779 sqft on the 5th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 26 April 2018 for AED 811,054, or AED 1,040 per sqft, 15% above the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 45,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 11,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, April 2018: AED 811,054 (AED 1,040 per sqft)

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

Rents
Unit 501, 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, February 2013: AED 40,000 a yearNew contract, April 2017: AED 53,000 a yearNew contract, July 2018: AED 48,000 a yearNew contract, September 2020: AED 32,000 a yearRenewal, October 2021: AED 32,000 a yearNew contract, March 2023: AED 43,000 a yearRenewal, March 2024: AED 45,000 a yearRenewal, March 2025: AED 45,000 a yearRenewal, March 2025: AED 45,000 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 501 sits

All 103 1-beds →

501 last sold in April 2018 at AED 1,040 per sqft, 15% above what one-beds in Ruby Residence were fetching at the time (AED 903). 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. 501's AED 45,000 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 5th floor

All 137 units in Ruby Residence
Value
5021-bedAED 385K · Jan 2017
5031-bedAED 580K · Aug 2016
5041-bedAED 300K · Mar 2023
5051-bedAED 957K · Aug 2015
5061-bedAED 670K · Jul 2025
5071-bedAED 800K · Nov 2025
5081-bedAED 473K · Nov 2023
1–7 of 19

501, Ruby Residence in numbers

  • Sold once: by Deyaar on 26 April 2018 for AED 811,054, or AED 1,040 per sqft.
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2021 and recovered to AED 45,000 by March 2025.
  • At AED 45,000 a year the gross yield on the 2018 price is 5.5%, 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 20 March 2025.

Questions about 501, Ruby Residence

What did unit 501 last sell for?

AED 811,054 on 26 April 2018, sold by the developer: AED 1,040 per sqft for 779 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 45,000 a year on the contract renewed on 20 March 2025. The previous contract, from March 2025, was AED 45,000; the unit has been rented since February 2013.

How big is unit 501?

779 sqft (72.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.

What is unit 501 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 501, Ruby Residence

Starts from the last sale price (AED 811K, 26 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 811,054
Deposit, UAE resident (20%)
AED 162,211
Deposit, non-resident (40%)
AED 324,422
Monthly over 25 years at 3.7%
AED 3,318

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