708, Ruby Residence
Sold prices and rental history: sold once, by the developer in April 2018, 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 708, Ruby Residence
What is 708 worth today?
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Source: Dubai Land Department. Updated 19 April 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 7th of 8
- Parking
- B - 12 , 13
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 17,000 /yr
- Last sold
- AED 533K · April 2018
- Building
- Ruby Residence
About 708, Ruby Residence
708 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. The developer sold it on 19 April 2018 for AED 532,600, or AED 443 per sqft, 38% below the AED 718 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 October 2017, is AED 70,340 a year: a gross yield of 13.2% on the 2018 price, before the service charge of about AED 17,000 a year.
Sales and rents for 708 over time
708 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 708 sits
All 24 2-beds →708 last sold in April 2018 at AED 443 per sqft, 38% below what two-beds in Ruby Residence were fetching at the time (AED 718). 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. 708's AED 70,340 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 | |
| 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 | |
| 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 |
708, Ruby Residence in numbers
- Sold once: by Deyaar on 19 April 2018 for AED 532,600, or AED 443 per sqft.
- Rented since October 2013 on 5 Ejari contracts, from AED 58,000 to AED 70,340 a year.
- At AED 70,340 a year the gross yield on the 2018 price is 13.2%, 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 19 April 2018.
Questions about 708, Ruby Residence
What did unit 708 last sell for?
AED 532,600 on 19 April 2018, sold by the developer: AED 443 per sqft for 1,201 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 70,340 a year on the contract renewed on 25 October 2017. The previous contract, from October 2016, was AED 70,340; the unit has been rented since October 2013.
How big is unit 708?
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 708 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 708, Ruby Residence
Starts from the last sale price (AED 533K, 19 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 532,600
- Deposit, UAE resident (20%)
- AED 106,520
- Deposit, non-resident (40%)
- AED 213,040
- Monthly over 25 years at 3.7%
- AED 2,179
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →