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2-bed · 1,113 sqftRuby Residence, Dubai Silicon Oasis · 6th floor · completed 2010

607, Ruby Residence

Sold prices and rental history: sold twice, last in September 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 26 September 2022
Last soldAED 650K26 September 2022
Current rentAED 64K /yr8 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 607, Ruby Residence

What is 607 worth today?

Last sold for AED 650,000 in 2022

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26 Sep 2022SoldReady
AED 650,000AED 584 per sqft
5 Dec 2016Sold by developerReady
AED 1,216,646AED 1,093 per sqft
8 Oct 2015RentedRenewal
AED 63,525/yr12 months · AED 57 per sqft
8 Oct 2014RentedNew contract
AED 57,750/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 26 September 2022.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
6th of 8
Parking
B-53 , B-54
Developer
Deyaar
Completed
2010
Service charge
AED 15,800 /yr
Last sold
AED 650K · September 2022
Building
Ruby Residence

About 607, Ruby Residence

607 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. It last sold on 26 September 2022 for AED 650,000, or AED 584 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 8 October 2015, is AED 63,525 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 15,800 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, December 2016: AED 1,216,646 (AED 1,093 per sqft)Sold, September 2022: AED 650,000 (AED 584 per sqft)

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

Rents
Unit 607, each contractTypical two-bed in Ruby Residence
60K80K2013201720212025Typical 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, October 2014: AED 57,750 a yearRenewal, October 2015: AED 63,525 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 607 sits

All 24 2-beds →

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. 607's AED 63,525 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
6052-bedAED 537K · Jun 2017
6062-bedAED 836K · Jun 2018
6082-bedAED 1.27M · Feb 2025
1–7 of 13

607, Ruby Residence in numbers

  • Sold twice: first on 5 December 2016 for AED 1,216,646, last on 26 September 2022 for AED 650,000 (AED 584 per sqft).
  • Rented since October 2014 on 2 Ejari contracts, from AED 57,750 to AED 63,525 a year.
  • At AED 63,525 a year the gross yield on the 2022 price is 9.8%, 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 26 September 2022.

Questions about 607, Ruby Residence

What did unit 607 last sell for?

AED 650,000 on 26 September 2022: AED 584 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 1,216,646 in December 2016.

What is the rent for unit 607?

AED 63,525 a year on the contract renewed on 8 October 2015. The previous contract, from October 2014, was AED 57,750.

How big is unit 607?

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 607 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 607, Ruby Residence

Starts from the last sale price (AED 650K, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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