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Ruby Residence

A 1 bed in Ruby Residence costs a median AED 665,000, rents long-let for AED 58,000/yr (7.84% gross), and returns 8.67% short-let at the assumed 80% occupancy — -0.5 pts vs Dubai Silicon Oasis's 8.36% and +0.9 pts vs Dubai's 6.98% — from 20 sales and 59 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
10 in 12 months
Rental contracts · 1 bed
32 in 12 months
Buy
665,000AED
AED 926/sqft
Long-let
58,000AED
AED 75/sqft · 7.84%
Short-let
8.67%
AED 287/night · 0.37/sqft

Price per sqft: Median of 10 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread
-0.5 pts
vs the Dubai Silicon Oasis median for this unit type
Turnover upside
+14.8%
new tenants pay more than sitting ones — 72 renewals
AED/yr/sqft
AED 75
Sales
20
Rental contracts
59
Renewal rent
AED 50,500/yr
12 months
+3.3%
3 years
+40.2%+11.9%/yr

Based on 20 sales and 59 rental contracts in the last 24 months.

Ruby Residence is an apartment building in Dubai Silicon Oasis, Dubai. The nearest landmark IMG World Adventures. Land Department records for it run from 2015 to 2026, 382 registered sales in all — the 20 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 58,000757.84%
-0.5 pts
59
2 bedAED 88,000797.33%
+0.2 pts
9
3 bedAED 120,000781

Deltas compare each yield with the Dubai Silicon Oasis median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Ruby Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m2870.37AED 57,674AED 58,0001.0×8.67%3+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Ruby Residence itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

13 resales in the last 12 months, against 16 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
8 Jul 20261 bed773AED 740,000958
29 Jun 20261 bed777AED 720,000926

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
25 Aug 20261 bed779AED 50,00064New
25 Aug 20262 bed1,197AED 119,502100New
23 Aug 20261 bed777AED 58,00075New
20 Aug 20261 bed773AED 57,00074New
17 Aug 20261 bed773AED 58,00075New
15 Aug 20261 bed773AED 53,00069New
15 Aug 20261 bed773AED 57,00074Renewal
1 Aug 20261 bed773AED 44,00057Renewal
1 Aug 20261 bed773AED 58,00075New
20 Jul 20261 bed773AED 46,30560Renewal
15 Jul 20262 bed1,201AED 85,00171Renewal
14 Jul 20261 bed773AED 55,00071New
5 Jul 20262 bed1,113AED 80,00072Renewal
5 Jul 20261 bed773AED 52,00067New
2 Jul 20261 bed773AED 52,00067Renewal
1 Jul 20261 bed773AED 48,30062New
1 Jul 20261 bed773AED 60,00078New
20 Jun 20261 bed773AED 59,17877Renewal
20 Jun 20261 bed773AED 65,10084Renewal
1 Jun 20261 bed777AED 52,00067Renewal
1 Jun 20261 bed773AED 58,00075New
1 Jun 20263 bed1,547AED 110,00071Renewal

22 contracts starting on or after 26 May 2026.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
8
Flats
138

Nearby

Landmark
IMG World Adventures

Compare with nearby buildings

The most-traded buildings in Dubai Silicon Oasis, on the same figures over the same window.

Common questions

What is the rental yield in Ruby Residence?
Ruby Residence returns 7.84% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 59 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Ruby Residence cost?
The median registered sale price is AED 665,000 (857 AED/sqft), from 20 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Ruby Residence selling for right now?
Registered sales of ready units in Ruby Residence over the last 12 months have a median of 926 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Ruby Residence risen or fallen?
Median price per square foot moved +14.0% over the last 12 months against the 12 before it, on 20 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Ruby Residence compare with Dubai Silicon Oasis?
Its 7.84% gross yield sits -0.5 pts against the Dubai Silicon Oasis median of 8.36%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Ruby Residence rental record

Record type
Building-level property market record
Data date
Evidence base
59 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/dubai-silicon-oasis/ruby-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Ruby Residence rents and yield.” Dubai Silicon Oasis, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-silicon-oasis/ruby-residence.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.