2-bed · 1,197 sqftRuby Residence, Dubai Silicon Oasis · 6th floor · completed 2010

605, Ruby Residence

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 13 October 2020
Last soldAED 537K20 June 2017
Current rentAED 12K /yr13 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Ruby Residence

What is 605 worth today?

Last sold for AED 537,239 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Oct 2020RentedRenewal · flagged as an outlier
AED 12,000/yr12 months · AED 10 per sqft
13 Oct 2019RentedNew contract
AED 24,000/yr12 months · AED 20 per sqft
22 Jan 2018RentedNew contract
AED 51,000/yr12 months · AED 43 per sqft
19 Jul 2017RentedNew contract
AED 66,700/yr6 months · AED 56 per sqft
20 Jun 2017Sold by developerReady
AED 537,239AED 448 per sqft
19 Jul 2016RentedRenewal
AED 66,701/yr12 months · AED 56 per sqft
19 Jul 2015RentedRenewal
AED 63,525/yr12 months · AED 53 per sqft
19 Jul 2014RentedNew contract
AED 57,750/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 13 October 2020.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
6th of 8
Parking
B-73 , G-139
Developer
Deyaar
Completed
2010
Service charge
AED 17,000 /yr
Last sold
AED 537K · June 2017

About 605, Ruby Residence

605 is a two-bedroom apartment of 1,197 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 20 June 2017 for AED 537,239, or AED 448 per sqft, 44% below the AED 796 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 13 October 2020, is AED 12,000 a year: a gross yield of 2.2% on the 2017 price, before the service charge of about AED 17,000 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in Ruby Residence
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,592,690; 2014 AED 1,267,080; 2015 AED 1,000,000; 2016 AED 944,108; 2017 AED 543,156; 2018 AED 835,793; 2022 AED 700,000; 2025 AED 1,200,000Sold by developer, June 2017: AED 537,239 (AED 448 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in Ruby Residence
50K2013201720212025Typical rent by year: 2013 AED 56,500; 2014 AED 57,750; 2015 AED 65,000; 2016 AED 70,340; 2017 AED 75,500; 2018 AED 71,500; 2019 AED 65,000; 2020 AED 57,000; 2021 AED 54,000; 2022 AED 60,450; 2023 AED 65,000; 2024 AED 73,500; 2025 AED 84,000; 2026 AED 85,000New contract, July 2013: AED 55,000 a yearNew contract, July 2014: AED 57,750 a yearRenewal, July 2015: AED 63,525 a yearRenewal, July 2016: AED 66,701 a yearNew contract, July 2017: AED 66,700 a yearNew contract, January 2018: AED 51,000 a yearNew contract, October 2019: AED 24,000 a year

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 605 sits

All 24 2-beds →

605 last sold in June 2017 at AED 448 per sqft, 44% below what two-beds in Ruby Residence were fetching at the time (AED 796). 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. 605's AED 12,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Apr 20261,215,000
27 Aug 20251,200,000
14 Feb 20251,050,000
7 Feb 20251,265,000
1 2-bed sale 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 6th floor

All 137 units in Ruby Residence
Value
6012-bedAED 1.2M · Aug 2025
6022-bedAED 700K · Dec 2022
6032-bedAED 483K · Jan 2017
6042-bedAED 1.23M · Feb 2014
6062-bedAED 836K · Jun 2018
6072-bedAED 650K · Sep 2022
6082-bedAED 1.27M · Feb 2025
1–7 of 13

605, Ruby Residence in numbers

  • Sold once: by Deyaar on 20 June 2017 for AED 537,239, or AED 448 per sqft.
  • Rented since July 2013 on 8 Ejari contracts, from AED 55,000 to AED 12,000 a year.
  • At AED 12,000 a year the gross yield on the 2017 price is 2.2%, before a service charge of about AED 17,000 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 13 October 2020.

Questions about 605, Ruby Residence

What did unit 605 last sell for?

AED 537,239 on 20 June 2017, sold by the developer: AED 448 per sqft for 1,197 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 12,000 a year on the contract renewed on 13 October 2020. The previous contract, from October 2019, was AED 24,000; the unit has been rented since July 2013.

How big is unit 605?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 605 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.

Selling 605? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 605, Ruby Residence

Starts from the last sale price (AED 537K, 20 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 537,239
Deposit, UAE resident (20%)
AED 107,448
Deposit, non-resident (40%)
AED 214,896
Monthly over 25 years at 3.7%
AED 2,198

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