705, Ruby Residence
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Ruby Residence
What is 705 worth today?
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Source: Dubai Land Department. Updated 21 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,197 sqft
- Floor
- 7th of 8
- Parking
- B - 10 , 11
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.1M · December 2016
- Building
- Ruby Residence
About 705, Ruby Residence
705 is a two-bedroom apartment of 1,197 sqft on the 7th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 21 December 2016 for AED 1,096,406, or AED 915 per sqft, 8% above the AED 848 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 21 June 2024, is AED 65,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 17,000 a year.
Sales and rents for 705 over time
705 has sold once; 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 705 sits
All 24 2-beds →705 last sold in December 2016 at AED 915 per sqft, 8% above what two-beds in Ruby Residence were fetching at the time (AED 848). 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. 705's AED 65,000 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 | |
| 704 | 2-bed | 1,201 sqft | AED 910KAED 910,000 · Jan 2024January 2024 | 53,000 /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 |
705, Ruby Residence in numbers
- Sold once: by Deyaar on 21 December 2016 for AED 1,096,406, or AED 915 per sqft.
- Rented since July 2013 on 10 Ejari contracts, from AED 48,885 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 5.9%, 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 21 June 2024.
Questions about 705, Ruby Residence
What did unit 705 last sell for?
AED 1,096,406 on 21 December 2016, sold by the developer: AED 915 per sqft for 1,197 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 65,000 a year on the contract renewed on 21 June 2024. The previous contract, from June 2023, was AED 65,000; the unit has been rented since July 2013.
How big is unit 705?
1,197 sqft (111.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 705 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 705, Ruby Residence
Starts from the last sale price (AED 1.1M, 21 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,096,406
- Deposit, UAE resident (20%)
- AED 219,281
- Deposit, non-resident (40%)
- AED 438,562
- Monthly over 25 years at 3.7%
- AED 4,486
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →