1-bed · 777 sqftRuby Residence, Dubai Silicon Oasis · 5th floor · completed 2010

515, Ruby Residence

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 31 March 2026
Last soldAED 705K9 October 2016
Current rentAED 54K /yr31 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Ruby Residence

What is 515 worth today?

Last sold for AED 704,975 in 2016

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31 Mar 2026RentedRenewal
AED 54,000/yr12 months · AED 70 per sqft
31 Mar 2025RentedRenewal
AED 51,000/yr12 months · AED 66 per sqft
31 Mar 2025RentedRenewal
AED 51,000/yr12 months · AED 66 per sqft
31 Mar 2024RentedRenewal
AED 47,000/yr12 months · AED 61 per sqft
31 Mar 2023RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
23 Sep 2022RentedRenewal
AED 33,500/yr12 months · AED 43 per sqft
23 Aug 2021RentedNew contract
AED 30,000/yr13 months · AED 39 per sqft
1 Dec 2020RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 31 March 2026.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
5th of 8
Parking
G - 118
Developer
Deyaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 705K · October 2016

About 515, Ruby Residence

515 is a one-bedroom apartment of 777 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 9 October 2016 for AED 704,975, or AED 906 per sqft, 3% above the AED 878 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 31 March 2026, is AED 54,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 11,000 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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 2016: AED 704,975 (AED 906 per sqft)

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

Rents
Unit 515, each contractTypical one-bed in Ruby Residence
40K60K2012201620202024Typical 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, October 2013: AED 40,000 a yearRenewal, October 2014: AED 44,000 a yearNew contract, December 2015: AED 60,000 a yearRenewal, December 2018: AED 40,000 a yearRenewal, December 2019: AED 43,000 a yearRenewal, December 2020: AED 40,000 a yearNew contract, August 2021: AED 30,000 a yearRenewal, September 2022: AED 33,500 a yearNew contract, March 2023: AED 43,000 a yearRenewal, March 2024: AED 47,000 a yearRenewal, March 2025: AED 51,000 a yearRenewal, March 2025: AED 51,000 a yearRenewal, March 2026: AED 54,000 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 515 sits

All 103 1-beds →

515 last sold in October 2016 at AED 906 per sqft, 3% above 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. 515's AED 54,000 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
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

515, Ruby Residence in numbers

  • Sold once: by Deyaar on 9 October 2016 for AED 704,975, or AED 906 per sqft.
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 54,000 by March 2026.
  • At AED 54,000 a year the gross yield on the 2016 price is 7.7%, 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 31 March 2026.

Questions about 515, Ruby Residence

What did unit 515 last sell for?

AED 704,975 on 9 October 2016, sold by the developer: AED 906 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 54,000 a year on the contract renewed on 31 March 2026. The previous contract, from March 2025, was AED 51,000; the unit has been rented since October 2013.

How big is unit 515?

777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.

What is unit 515 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 515, Ruby Residence

Starts from the last sale price (AED 705K, 9 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 704,975
Deposit, UAE resident (20%)
AED 140,995
Deposit, non-resident (40%)
AED 281,990
Monthly over 25 years at 3.7%
AED 2,884

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