
517, Ruby Residence
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 517, Ruby Residence
What is 517 worth today?
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Source: Dubai Land Department. Updated 22 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 8
- Parking
- B - 26
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 11,000 /yr
- Last sold
- AED 662K · January 2017
- Building
- Ruby Residence
About 517, Ruby Residence
517 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 26 January 2017 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 2012 on 11 Ejari contracts. The current contract, renewed on 22 November 2024, is AED 45,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 11,000 a year.
Sales and rents for 517 over time
517 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 517 sits
All 103 1-beds →517 last sold in January 2017 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. 517's AED 45,000 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 | |
| 516 | 1-bed | 773 sqft | AED 331KAED 331,166 · Nov 2016November 2016 | 55,000 /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 |
517, Ruby Residence in numbers
- Sold once: by Deyaar on 26 January 2017 for AED 662,332, or AED 856 per sqft.
- Rented since August 2012 on 11 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2021 and recovered to AED 45,000 by November 2024.
- At AED 45,000 a year the gross yield on the 2017 price is 6.8%, 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 22 November 2024.
Questions about 517, Ruby Residence
What did unit 517 last sell for?
AED 662,332 on 26 January 2017, 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 517?
AED 45,000 a year on the contract renewed on 22 November 2024. The previous contract, from November 2023, was AED 40,000; the unit has been rented since August 2012.
How big is unit 517?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.
What is unit 517 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 517, Ruby Residence
Starts from the last sale price (AED 662K, 26 January 2017). 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 →