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

613, Ruby Residence

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 12 November 2020
Last soldAED 620K12 November 2020
Current rentAED 65K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Ruby Residence

What is 613 worth today?

Last sold for AED 620,000 in 2020

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12 Nov 2020SoldReady
AED 620,000AED 557 per sqft
1 Jan 2020RentedRenewal
AED 65,000/yr12 months · AED 59 per sqft
18 Nov 2018RentedRenewal
AED 66,906/yr13 months · AED 60 per sqft
18 Nov 2017RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
5 Dec 2016Sold by developerReady
AED 936,937AED 841 per sqft
18 Oct 2016RentedRenewal
AED 80,000/yr12 months · AED 72 per sqft
18 Oct 2015RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
5 Nov 2013RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 12 November 2020.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
6th of 8
Parking
G - 111 , 112
Developer
Deyaar
Completed
2010
Service charge
AED 15,800 /yr
Last sold
AED 620K · November 2020

About 613, Ruby Residence

613 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 12 November 2020 for AED 620,000, or AED 557 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 65,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 15,800 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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 936,937 (AED 841 per sqft)Sold, November 2020: AED 620,000 (AED 557 per sqft)

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

Rents
Unit 613, 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, November 2013: AED 55,000 a yearNew contract, October 2015: AED 80,000 a yearRenewal, October 2016: AED 80,000 a yearNew contract, November 2017: AED 75,000 a yearRenewal, November 2018: AED 66,906 a yearRenewal, January 2020: AED 65,000 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 613 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. 613's AED 65,000 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

613, Ruby Residence in numbers

  • Sold twice: first on 5 December 2016 for AED 936,937, last on 12 November 2020 for AED 620,000 (AED 557 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 55,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 10.5%, 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 12 November 2020.

Questions about 613, Ruby Residence

What did unit 613 last sell for?

AED 620,000 on 12 November 2020: AED 557 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 936,937 in December 2016.

What is the rent for unit 613?

AED 65,000 a year on the contract renewed on 1 January 2020. The previous contract, from November 2018, was AED 66,906; the unit has been rented since November 2013.

How big is unit 613?

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 613 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 613, Ruby Residence

Starts from the last sale price (AED 620K, 12 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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