What is the rental yield in Ruby?

Ruby returns 4.79% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 103 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Ruby cost?

The median registered sale price is AED 3.88M (2,994 AED/sqft), from 4 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in Ruby risen or fallen?

Median price per square foot moved -6.0% over the last 12 months against the 12 before it, on 4 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Ruby compare with Palm Jumeirah?

Its 4.79% gross yield sits -0.2 pts against the Palm Jumeirah median of 5.00%, computed at the same bedroom grain over the same 24-month window.

Do new tenants in Ruby pay more than sitting ones?

A new tenant pays +21.4% against a renewing one, across 168 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Ruby — sale prices & yield | Palm Jumeirah, Dubai

Buy: 3.88MAED; AED 2,994/sqft
Long-let: 4.79%; AED 180,000/yr

Priced off the last 5 sales — most recent October 2025.

Yield spread: -0.2 pts; vs the Palm Jumeirah median for this unit type
Turnover upside: +21.4%; new tenants pay more than sitting ones — 168 renewals
AED/yr/sqft: AED 135
Sales: 4
Rental contracts: 103
Renewal rent: AED 148,250/yr

12 months: -6.0%

Based on 4 sales and 103 rental contracts in the last 24 months. Rental data covers the whole Tiara Residence project, not this tower alone. Thin sample — treat these figures as indicative.

Ruby is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Tiara Residence development. The closest metro station is Knowledge Village, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 128 registered sales in all — the 4 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Ruby, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 3.88M	2994	4.79% -0.2 pts	-6.0%	4
2 bed	AED 6.53M	3891	5.50% +0.3 pts	+27.0%	2
3 bed	AED 8.05M	3552	5.48% +0.4 pts	—	1

Deltas compare each yield with the Palm Jumeirah 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.

3 bed: Priced off the last 5 sales — most recent February 2025.

Off-plan vs resale

Units sold off-plan in Ruby between 2009 and 2010 went for a median of AED 1,562/sqft (AED 2.43M). The same building resells today at AED 3,094/sqft (AED 4.01M) — an uplift of +65.2%.

Based on 71 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Knowledge Village
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Tiara Residence, on the same figures over the same window.

Highest rental yields in Palm Jumeirah · Ruby places 14th of 51

Emerald · 6.34%
Aquamarine · 5.10%
Diamond · 5.91%
Tanzanite · 4.52%
Passo by Beyond - TOWER A
Seven Hotel & Apartments the Palm - A · 8.17%
The Palm Tower · 10.38%
The 8 · 6.97%

Common questions

What is the rental yield in Ruby?: Ruby returns 4.79% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 103 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Ruby cost?: The median registered sale price is AED 3.88M (2,994 AED/sqft), from 4 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Ruby risen or fallen?: Median price per square foot moved -6.0% over the last 12 months against the 12 before it, on 4 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Ruby compare with Palm Jumeirah?: Its 4.79% gross yield sits -0.2 pts against the Palm Jumeirah median of 5.00%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Ruby pay more than sitting ones?: A new tenant pays +21.4% against a renewing one, across 168 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Ruby