603, Ruby Residence
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Ruby Residence
What is 603 worth today?
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Source: Dubai Land Department. Updated 20 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,113 sqft
- Floor
- 6th of 8
- Parking
- G - 140 , 143
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 15,800 /yr
- Last sold
- AED 483K · January 2017
- Building
- Ruby Residence
About 603, Ruby Residence
603 is a two-bedroom apartment of 1,113 sqft on the 6th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 4 January 2017 for AED 482,918, or AED 433 per sqft, 49% below the AED 844 two-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 20 July 2024, is AED 62,300 a year: a gross yield of 12.9% on the 2017 price, before the service charge of about AED 15,800 a year.
Sales and rents for 603 over time
603 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ruby Residence, and where 603 sits
All 24 2-beds →603 last sold in January 2017 at AED 433 per sqft, 49% below what two-beds in Ruby Residence were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 1,215,000, around AED 1,091 per sqft, and rent for AED 80,000 to 237,744 a year. 603's AED 62,300 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Apr 20266 April 2026 | 1,113 sqft | 1,215,000 | 1,091 | ||
| 27 Aug 202527 August 2025 | 1,201 sqft | 1,200,000 | 998 | ||
| 14 Feb 202514 February 2025 | 1,201 sqft | 1,050,000 | 873 | ||
| 7 Feb 20257 February 2025 | 1,201 sqft | 1,265,000 | 1,052 |
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 6th floor
All 137 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,201 sqft | AED 1.2MAED 1,200,000 · Aug 2025August 2025 | 81,000 /yr | |
| 602 | 2-bed | 1,113 sqft | AED 700KAED 700,000 · Dec 2022December 2022 | 80,000 /yr | |
| 604 | 2-bed | 1,201 sqft | AED 1.23MAED 1,231,765 · Feb 2014February 2014 | 96,000 /yr | |
| 605 | 2-bed | 1,197 sqft | AED 537KAED 537,239 · Jun 2017June 2017 | 12,000 /yr | |
| 606 | 2-bed | 1,113 sqft | AED 836KAED 835,793 · Jun 2018June 2018 | 80,000 /yr | |
| 607 | 2-bed | 1,113 sqft | AED 650KAED 650,000 · Sep 2022September 2022 | 63,525 /yr | |
| 608 | 2-bed | 1,201 sqft | AED 1.27MAED 1,265,000 · Feb 2025February 2025 | 66,701 /yr | |
| 609 | 1-bed | 386 sqft | AED 189KAED 189,000 · Oct 2024October 2024 | 52,030 /yr | |
| 610 | 1-bed | 771 sqft | AED 734KAED 734,477 · Nov 2017November 2017 | 65,000 /yr | |
| 611 | 2-bed | 1,201 sqft | AED 1MAED 1,000,000 · Jun 2015June 2015 | 66,000 /yr | |
| 612 | 2-bed | 1,113 sqft | AED 942KAED 941,717 · Oct 2016October 2016 | 87,000 /yr | |
| 613 | 2-bed | 1,113 sqft | AED 620KAED 620,000 · Nov 2020November 2020 | 65,000 /yr | |
| 614 | 2-bed | 1,197 sqft | AED 900KAED 900,000 · Dec 2016December 2016 | 119,502 /yr |
603, Ruby Residence in numbers
- Sold once: by Deyaar on 4 January 2017 for AED 482,918, or AED 433 per sqft.
- Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 70,000 to AED 54,000 in 2022 and recovered to AED 62,300 by July 2024.
- At AED 62,300 a year the gross yield on the 2017 price is 12.9%, before a service charge of about AED 15,800 a year (AED 14.17 per sqft).
- Two-beds in Ruby Residence sold for AED 1,215,000–1,215,000 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 2024.
Questions about 603, Ruby Residence
What did unit 603 last sell for?
AED 482,918 on 4 January 2017, sold by the developer: AED 433 per sqft for 1,113 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 62,300 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 59,400; the unit has been rented since November 2013.
How big is unit 603?
1,113 sqft (103.4 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.
What is unit 603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ruby Residence sold for AED 1,215,000 to 1,215,000 in the last 12 months, around AED 1,091 per sqft.
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Mortgage on 603, Ruby Residence
Starts from the last sale price (AED 483K, 4 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 482,918
- Deposit, UAE resident (20%)
- AED 96,584
- Deposit, non-resident (40%)
- AED 193,167
- Monthly over 25 years at 3.7%
- AED 1,976
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →