1-bed · 773 sqftRuby Residence, Dubai Silicon Oasis · 5th floor · completed 2010

510, Ruby Residence

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 3 December 2020
Last soldAED 825K15 October 2017
Current rentAED 32K /yr3 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Ruby Residence

What is 510 worth today?

Last sold for AED 825,314 in 2017

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3 Dec 2020RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
3 Dec 2019RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
15 Oct 2017Sold by developerReady
AED 825,314AED 1,067 per sqft
5 Jun 2016RentedRenewal
AED 54,574/yr12 months · AED 71 per sqft
5 Jun 2015RentedRenewal
AED 51,975/yr12 months · AED 67 per sqft
5 Jun 2014RentedNew contract
AED 47,250/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 3 December 2020.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 8
Parking
G-117
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 825K · October 2017

About 510, Ruby Residence

510 is a one-bedroom apartment of 773 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 15 October 2017 for AED 825,314, or AED 1,067 per sqft, 19% above the AED 899 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 3 December 2020, is AED 32,000 a year: a gross yield of 3.9% on the 2017 price, before the service charge of about AED 11,000 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, October 2017: AED 825,314 (AED 1,067 per sqft)

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

Rents
Unit 510, 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, June 2014: AED 47,250 a yearRenewal, June 2015: AED 51,975 a yearRenewal, June 2016: AED 54,574 a yearNew contract, December 2019: AED 40,000 a yearRenewal, December 2020: AED 32,000 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 510 sits

All 103 1-beds →

510 last sold in October 2017 at AED 1,067 per sqft, 19% above what one-beds in Ruby Residence were fetching at the time (AED 899). 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. 510's AED 32,000 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 5th floor

All 137 units in Ruby Residence
Value
5011-bedAED 811K · Apr 2018
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
1–7 of 19

510, Ruby Residence in numbers

  • Sold once: by Deyaar on 15 October 2017 for AED 825,314, or AED 1,067 per sqft.
  • Rented since June 2014 on 5 Ejari contracts, from AED 47,250 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2017 price is 3.9%, 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 3 December 2020.

Questions about 510, Ruby Residence

What did unit 510 last sell for?

AED 825,314 on 15 October 2017, sold by the developer: AED 1,067 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 32,000 a year on the contract renewed on 3 December 2020. The previous contract, from December 2019, was AED 40,000; the unit has been rented since June 2014.

How big is unit 510?

773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.

What is unit 510 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 510, Ruby Residence

Starts from the last sale price (AED 825K, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 825,314
Deposit, UAE resident (20%)
AED 165,063
Deposit, non-resident (40%)
AED 330,126
Monthly over 25 years at 3.7%
AED 3,377

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