2-bed · 1,201 sqftRuby Residence, Dubai Silicon Oasis · 6th floor · completed 2010

611, Ruby Residence

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1M21 June 2015
Current rentAED 66K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Ruby Residence

What is 611 worth today?

Last sold for AED 1,000,000 in 2015

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1 Dec 2023RentedRenewal
AED 66,000/yr12 months · AED 55 per sqft
1 Dec 2022RentedRenewal
AED 63,000/yr12 months · AED 52 per sqft
1 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
1 Dec 2020RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
1 Dec 2019RentedRenewal
AED 65,000/yr12 months · AED 54 per sqft
1 Dec 2018RentedNew contract
AED 68,000/yr12 months · AED 56 per sqft
1 Jul 2016RentedRenewal
AED 92,000/yr12 months · AED 76 per sqft
1 Jul 2015RentedNew contract
AED 92,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
6th of 8
Parking
G - 151 , 152
Developer
Deyaar
Completed
2010
Service charge
AED 17,000 /yr
Last sold
AED 1M · June 2015

About 611, Ruby Residence

611 is a two-bedroom apartment of 1,201 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 21 June 2015 for AED 1,000,000, or AED 832 per sqft, 5% above the AED 791 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 66,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 17,000 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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 2009: AED 1,592,690 (AED 1,325 per sqft)Sold, June 2014: AED 1,271,765 (AED 1,058 per sqft)Sold, June 2015: AED 1,000,000 (AED 832 per sqft)

611 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 611, 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, July 2013: AED 70,000 a yearNew contract, July 2015: AED 92,000 a yearRenewal, July 2016: AED 92,000 a yearNew contract, December 2018: AED 68,000 a yearRenewal, December 2019: AED 65,000 a yearRenewal, December 2020: AED 60,000 a yearRenewal, December 2021: AED 60,000 a yearRenewal, December 2022: AED 63,000 a yearRenewal, December 2023: AED 66,000 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 611 sits

All 24 2-beds →

611 last sold in June 2015 at AED 832 per sqft, 5% above what two-beds in Ruby Residence were fetching at the time (AED 791). 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. 611's AED 66,000 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
6052-bedAED 537K · Jun 2017
6062-bedAED 836K · Jun 2018
6072-bedAED 650K · Sep 2022
1–7 of 13

611, Ruby Residence in numbers

  • Sold 3 times: first on 14 June 2009 for AED 1,592,690, last on 21 June 2015 for AED 1,000,000 (AED 832 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 70,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2015 price is 6.6%, 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 1 December 2023.

Questions about 611, Ruby Residence

What did unit 611 last sell for?

AED 1,000,000 on 21 June 2015: AED 832 per sqft for 1,201 sqft. The unit has 3 registered sales; the first was AED 1,592,690 in June 2009.

What is the rent for unit 611?

AED 66,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 63,000; the unit has been rented since July 2013.

How big is unit 611?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 611 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 611, Ruby Residence

Starts from the last sale price (AED 1M, 21 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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