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.
Rent history
Median annual rent per sqft registered in Ruby Residence, by year.
Chart data: Jan 2015, 69 AED/yr/sqft; latest, Aug 2026, 72 AED/yr/sqft; peak, Sep 2025, 81 AED/yr/sqft.
Rents by bedroom type
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
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
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
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
2 resales in the last 3 months.
Rental contracts
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.
- Highest rental yields in Dubai Silicon Oasis · Ruby Residence places 32nd of 54
- Silicon Gates 1 · 8.52%
- Arabian Gate · 9.30%
- Palace Tower T2 · 9.44%
- Axis Residences One 2 · 9.55%
- Axis Residences One 1 · 9.97%
- Axis Residences One 4 · 11.78%
- Axis Residences One 3 · 8.83%
- Silicon Gates 4 · 8.99%
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.
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
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.