704, Ruby Residence
Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Ruby Residence
What is 704 worth today?
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Source: Dubai Land Department. Updated 22 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 7th of 8
- Parking
- G - 155 , 156
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 17,000 /yr
- Last sold
- AED 910K · January 2024
- Building
- Ruby Residence
About 704, Ruby Residence
704 is a two-bedroom apartment of 1,201 sqft on the 7th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 22 January 2024 for AED 910,000, or AED 757 per sqft.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 23 November 2020, is AED 53,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 17,000 a year.
Sales and rents for 704 over time
704 has sold 4 times; 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 704 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. 704's AED 53,000 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 7th floor
All 137 units in Ruby Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,201 sqft | AED 1.13MAED 1,129,382 · Jul 2015July 2015 | 85,001 /yr | |
| 702 | 2-bed | 1,113 sqft | AED 981KAED 980,544 · Jan 2017January 2017 | 68,000 /yr | |
| 703 | 2-bed | 1,113 sqft | AED 981KAED 980,544 · Aug 2017August 2017 | 70,036 /yr | |
| 705 | 2-bed | 1,197 sqft | AED 1.1MAED 1,096,406 · Dec 2016December 2016 | 65,000 /yr | |
| 706 | 2-bed | 1,113 sqft | AED 1.22MAED 1,215,000 · Apr 2026April 2026 | 84,841 /yr | |
| 707 | 2-bed | 1,113 sqft | AED 720KAED 720,000 · Oct 2022October 2022 | 52,000 /yr | |
| 708 | 2-bed | 1,201 sqft | AED 533KAED 532,600 · Apr 2018April 2018 | 70,340 /yr | |
| 709 | 1-bed | 773 sqft | AED 590KAED 590,000 · Aug 2024August 2024 | 59,000 /yr | |
| 710 | 1-bed | 771 sqft | AED 755KAED 755,309 · Jul 2018July 2018 | 47,000 /yr | |
| 711 | 2-bed | 1,201 sqft | AED 850KAED 850,000 · Dec 2023December 2023 | 63,944 /yr | |
| 712 | 2-bed | 1,113 sqft | AED 550KAED 550,000 · May 2020May 2020 | 68,000 /yr | |
| 713 | 2-bed | 1,113 sqft | AED 1.01MAED 1,005,000 · Nov 2017November 2017 | 72,000 /yr | |
| 714 | 2-bed | 1,197 sqft | AED 489KAED 489,398 · Oct 2017October 2017 | 66,701 /yr |
704, Ruby Residence in numbers
- Sold 4 times: first on 12 April 2010 for AED 1,699,818, last on 22 January 2024 for AED 910,000 (AED 757 per sqft).
- Rented since November 2014 on 5 Ejari contracts, from AED 88,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2024 price is 5.8%, 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 22 January 2024.
Questions about 704, Ruby Residence
What did unit 704 last sell for?
AED 910,000 on 22 January 2024: AED 757 per sqft for 1,201 sqft. The unit has 4 registered sales; the first was AED 1,699,818 in April 2010.
What is the rent for unit 704?
AED 53,000 a year on the contract renewed on 23 November 2020. The previous contract, from November 2019, was AED 75,000; the unit has been rented since November 2014.
How big is unit 704?
1,201 sqft (111.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 704 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 704, Ruby Residence
Starts from the last sale price (AED 910K, 22 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 910,000
- Deposit, UAE resident (20%)
- AED 182,000
- Deposit, non-resident (40%)
- AED 364,000
- Monthly over 25 years at 3.7%
- AED 3,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →