1-bed · 771 sqftRuby Residence, Dubai Silicon Oasis · 7th floor · completed 2010

710, Ruby Residence

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 315K11 July 2018
Current rentAED 47K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Ruby Residence

What is 710 worth today?

Last sold for AED 315,000 in 2018

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1 Sep 2024RentedRenewal
AED 47,000/yr12 months · AED 61 per sqft
1 Sep 2024RentedRenewal
AED 47,000/yr12 months · AED 61 per sqft
1 Sep 2023RentedNew contract
AED 47,000/yr12 months · AED 61 per sqft
30 Jun 2022RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
22 May 2021RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
22 May 2020RentedRenewal
AED 43,000/yr12 months · AED 55 per sqft
22 May 2019RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
11 Jul 2018Sold by developerOff-plan
AED 315,000AED 408 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
7th of 8
Parking
G - 123
Developer
Deyaar
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 315K · July 2018

About 710, Ruby Residence

710 is a one-bedroom apartment of 771 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 11 July 2018 for AED 315,000, or AED 408 per sqft, 56% below the AED 922 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 47,000 a year: a gross yield of 14.9% on the 2018 price, before the service charge of about AED 10,900 a year.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical one-bed in Ruby Residence
500K1M2009201420192024Typical sale price by year: 2009 AED 1,008,462; 2010 AED 741,795; 2011 AED 800,211; 2014 AED 786,192; 2015 AED 767,794; 2016 AED 678,422; 2017 AED 704,975; 2018 AED 647,655; 2019 AED 510,279; 2020 AED 390,000; 2021 AED 350,000; 2022 AED 382,500; 2023 AED 450,000; 2024 AED 550,000; 2025 AED 652,500; 2026 AED 740,000Sold by developer, July 2018: AED 315,000 (AED 408 per sqft)Sold, July 2018: AED 755,309 (AED 980 per sqft)

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

Rents
Unit 710, each contractTypical one-bed in Ruby Residence
40K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 40,000; 2014 AED 44,000; 2015 AED 50,000; 2016 AED 53,250; 2017 AED 54,000; 2018 AED 51,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 32,000; 2022 AED 35,100; 2023 AED 40,175; 2024 AED 48,000; 2025 AED 53,120; 2026 AED 55,000New contract, May 2019: AED 45,000 a yearRenewal, May 2020: AED 43,000 a yearRenewal, May 2021: AED 36,000 a yearNew contract, June 2022: AED 36,000 a yearNew contract, September 2023: AED 47,000 a yearRenewal, September 2024: AED 47,000 a yearRenewal, September 2024: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ruby Residence, and where 710 sits

All 103 1-beds →

710 last sold in July 2018 at AED 408 per sqft, 56% below what one-beds in Ruby Residence were fetching at the time (AED 922). Over the last 12 months one-beds sold for AED 690,000 to 800,000, around AED 957 per sqft, and rent for AED 43,832 to 81,600 a year. 710's AED 47,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026690,000
8 Jul 2026740,000
26 Jun 2026720,000
21 May 2026760,000
7 1-bed sales 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 7th floor

All 137 units in Ruby Residence
Value
7012-bedAED 1.13M · Jul 2015
7022-bedAED 981K · Jan 2017
7032-bedAED 981K · Aug 2017
7042-bedAED 910K · Jan 2024
7052-bedAED 1.1M · Dec 2016
7062-bedAED 1.22M · Apr 2026
7072-bedAED 720K · Oct 2022
1–7 of 13

710, Ruby Residence in numbers

  • Sold twice: first on 11 July 2018 for AED 755,309, last on 11 July 2018 for AED 315,000 (AED 408 per sqft).
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2022 and recovered to AED 47,000 by September 2024.
  • At AED 47,000 a year the gross yield on the 2018 price is 14.9%, before a service charge of about AED 10,900 a year (AED 14.17 per sqft).
  • One-beds in Ruby Residence sold for AED 690,000–800,000 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 September 2024.

Questions about 710, Ruby Residence

What did unit 710 last sell for?

AED 315,000 on 11 July 2018, sold by the developer: AED 408 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 755,309 in July 2018.

What is the rent for unit 710?

AED 47,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 47,000; the unit has been rented since May 2019.

How big is unit 710?

771 sqft (71.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 710 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ruby Residence sold for AED 690,000 to 800,000 in the last 12 months, around AED 957 per sqft.

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Mortgage on 710, Ruby Residence

Starts from the last sale price (AED 315K, 11 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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