3-bed · 1,543 sqftRuby Residence, Dubai Silicon Oasis · 8th floor · completed 2010

802, Ruby Residence

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 16 February 2017
Last soldAED 1.31M25 August 2016
Current rentAED 115K /yr16 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Ruby Residence

What is 802 worth today?

Last sold for AED 1,313,008 in 2016

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16 Feb 2017RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
25 Aug 2016Sold by developerReady
AED 1,313,008AED 850 per sqft
18 Jan 2016RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
8 Feb 2015RentedRenewal
AED 77,000/yr12 months · AED 50 per sqft
8 Feb 2014RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 16 February 2017.

Key facts

Type
3-bed apartment
Size
1,543 sqft
Floor
8th of 8
Parking
B - 16 , 17
Developer
Deyaar
Completed
2010
Service charge
AED 21,900 /yr
Last sold
AED 1.31M · August 2016

About 802, Ruby Residence

802 is a three-bedroom apartment of 1,543 sqft on the 8th floor of Ruby Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 25 August 2016 for AED 1,313,008, or AED 850 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 16 February 2017, is AED 115,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 21,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical three-bed in Ruby Residence
1.5M2014201720202023Typical sale price by year: 2014 AED 1,762,348; 2024 AED 1,171,048Sold by developer, August 2016: AED 1,313,008 (AED 850 per sqft)

802 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 802, each contractTypical three-bed in Ruby Residence
75K100K2013201720212025Typical rent by year: 2013 AED 77,500; 2014 AED 80,325; 2015 AED 85,000; 2016 AED 92,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 83,000; 2021 AED 65,000; 2022 AED 67,500; 2023 AED 77,050; 2025 AED 110,000New contract, February 2014: AED 70,000 a yearRenewal, February 2015: AED 77,000 a yearNew contract, January 2016: AED 95,000 a yearNew contract, February 2017: AED 115,000 a year

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

3-beds in Ruby Residence, and where 802 sits

All 10 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
30 Oct 20251,380,000
9 May 20241,171,048
25 Jan 20241,147,627
25 Jan 20241,174,575
0 3-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 8th floor

All 137 units in Ruby Residence
Value
8013-bedAED 1.32M · Sep 2016
8033-bedAED 1.25M · Aug 2014
8043-bedAED 1.38M · Oct 2025
8053-bedAED 1.15M · Jan 2024
8063-bedAED 730K · Aug 2020
8073-bedAED 1.1M · Dec 2022
8083-bedAED 1.17M · Jan 2024
1–7 of 9

802, Ruby Residence in numbers

  • Sold once: by Deyaar on 25 August 2016 for AED 1,313,008, or AED 850 per sqft.
  • Rented since February 2014 on 4 Ejari contracts, from AED 70,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 21,900 a year (AED 14.17 per sqft).

Source: Dubai Land Department. Updated 16 February 2017.

Questions about 802, Ruby Residence

What did unit 802 last sell for?

AED 1,313,008 on 25 August 2016, sold by the developer: AED 850 per sqft for 1,543 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 115,000 a year on the contract signed on 16 February 2017. The previous contract, from January 2016, was AED 95,000; the unit has been rented since February 2014.

How big is unit 802?

1,543 sqft (143.3 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2010.

What is unit 802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 802, Ruby Residence

Starts from the last sale price (AED 1.31M, 25 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,313,008
Deposit, UAE resident (20%)
AED 262,602
Deposit, non-resident (40%)
AED 525,203
Monthly over 25 years at 3.7%
AED 5,372

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