516, Ruby Residence
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Ruby Residence
What is 516 worth today?
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Source: Dubai Land Department. Updated 20 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 8
- Parking
- G - 164
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 11,000 /yr
- Last sold
- AED 331K · November 2016
- Building
- Ruby Residence
About 516, Ruby Residence
516 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 16 November 2016 for AED 331,166, or AED 428 per sqft, 51% below the AED 867 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 55,000 a year: a gross yield of 16.6% on the 2016 price, before the service charge of about AED 11,000 a year.
Sales and rents for 516 over time
516 has sold once; the dashed line is the one-bed median of each year in the building.
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 516 sits
All 103 1-beds →516 last sold in November 2016 at AED 428 per sqft, 51% below what one-beds in Ruby Residence were fetching at the time (AED 867). 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. 516's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 773 sqft | 690,000 | 892 | ||
| 8 Jul 20268 July 2026 | 773 sqft | 740,000 | 957 | ||
| 26 Jun 202626 June 2026 | 777 sqft | 720,000 | 926 | ||
| 21 May 202621 May 2026 | 773 sqft | 760,000 | 983 |
Ruby Residence
Building137 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%
Other units on the 5th floor
All 137 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 779 sqft | AED 811KAED 811,054 · Apr 2018April 2018 | 45,000 /yr | |
| 502 | 1-bed | 773 sqft | AED 385KAED 385,000 · Jan 2017January 2017 | 60,500 /yr | |
| 503 | 1-bed | 773 sqft | AED 580KAED 580,000 · Aug 2016August 2016 | 60,000 /yr | |
| 504 | 1-bed | 773 sqft | AED 300KAED 300,000 · Mar 2023March 2023 | 59,000 /yr | |
| 505 | 1-bed | 773 sqft | AED 957KAED 957,334 · Aug 2015August 2015 | 55,000 /yr | |
| 506 | 1-bed | 779 sqft | AED 670KAED 670,000 · Jul 2025July 2025 | 63,000 /yr | |
| 507 | 1-bed | 773 sqft | AED 800KAED 800,000 · Nov 2025November 2025 | 54,000 /yr | |
| 508 | 1-bed | 773 sqft | AED 473KAED 473,000 · Nov 2023November 2023 | 42,000 /yr | |
| 509 | 1-bed | 385 sqft | AED 250KAED 250,000 · Jan 2019January 2019 | 80,000 /yr | |
| 510 | 1-bed | 773 sqft | AED 825KAED 825,314 · Oct 2017October 2017 | 32,000 /yr | |
| 511 | 1-bed | 773 sqft | AED 580KAED 580,000 · Mar 2017March 2017 | 52,500 /yr | |
| 512 | 1-bed | 777 sqft | AED 430KAED 430,000 · Jul 2019July 2019 | 50,820 /yr | |
| 513 | 1-bed | 773 sqft | AED 755KAED 754,967 · May 2016May 2016 | 32,000 /yr | |
| 514 | 1-bed | 773 sqft | AED 703KAED 703,193 · Nov 2016November 2016 | 52,500 /yr | |
| 515 | 1-bed | 777 sqft | AED 705KAED 704,975 · Oct 2016October 2016 | 54,000 /yr | |
| 517 | 1-bed | 773 sqft | AED 662KAED 662,332 · Jan 2017January 2017 | 45,000 /yr | |
| 518 | 1-bed | 773 sqft | AED 662KAED 662,238 · Jan 2017January 2017 | 60,000 /yr | |
| 519 | 1-bed | 773 sqft | AED 725KAED 724,930 · Jan 2017January 2017 | 65,100 /yr | |
| 520 | 1-bed | 773 sqft | AED 600KAED 600,000 · Jun 2016June 2016 | 59,000 /yr |
516, Ruby Residence in numbers
- Sold once: by Deyaar on 16 November 2016 for AED 331,166, or AED 428 per sqft.
- Rented since September 2014 on 12 Ejari contracts. The rent fell from AED 43,470 to AED 36,000 in 2020 and recovered to AED 55,000 by July 2026.
- At AED 55,000 a year the gross yield on the 2016 price is 16.6%, 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 July 2026.
Questions about 516, Ruby Residence
What did unit 516 last sell for?
AED 331,166 on 16 November 2016, sold by the developer: AED 428 per sqft for 773 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 55,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2026, was AED 55,000; the unit has been rented since September 2014.
How big is unit 516?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.
What is unit 516 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 516, Ruby Residence
Starts from the last sale price (AED 331K, 16 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 331,166
- Deposit, UAE resident (20%)
- AED 66,233
- Deposit, non-resident (40%)
- AED 132,466
- Monthly over 25 years at 3.7%
- AED 1,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →