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A 1 bed in Ruby costs a median AED 3.64M and rents long-let for AED 170,000/yr.

Satellite view of Ruby, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

3.64MAED

AED 2,811/sqft

Rent a year
AED 170,000
vs Palm Jumeirah
0% above the median
Cost to buy, all inAED 3.87M
Price
AED 3.64M
DLD fee 4%
AED 145,700
Agent 2% + VAT
AED 76,493
Trustee
AED 4,200

Fees repaid by rent16 months

Against this building’s registered sales of the same type.

Ask about Ruby →

Is Ruby a good investment?Fair on every measure with a record

  1. Does it pay a good rent?6.9% gross, before the service charge (not on file) (Dubai median 6.8%)6.9%Fair
  2. Are rents going up?New 1 bed leases: AED 177,500 a year ago, AED 170,000 now (pooled across the project)-4.2%
  3. How fast do fees pay back?AED 226,393 in fees to buy a 1 bed; rent covers it in 1.3 years1.3 yrs
  4. Can I sell easily?3 sales in 12 months (5 the year before)3
  5. Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
  6. Did earlier buyers gain?Up 67% for buyers 5 years ago; up 85% for launch buyers, before fees+67.1%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Ruby prices and rents by unit typeA one-bed costs about AED 3.64M and rents for about AED 170,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 3.64M2,811/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
2 bedAED 7.30M4,353/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Palm Jumeirah · area median AED 2,802/sqft

Rental income

1 bed · Palm Jumeirah

Renewal rent
AED 152,658/yr
New tenants pay vs sitting (80 renewals)
+11.4%

Read with care

  • Rental data covers the whole Tiara Residence project, not this tower alone.
  • Thin sample — 2 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Feb 2009, AED 3,832,688; latest, Sep 2026, AED 3,525,000; peak, May 2025, AED 4,005,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,901 · before fees

Launch, 2009–10
1,569
+85%
5 years ago
1,736
+67%
3 years ago
2,515
+15%
Previous 12 months
3,094
−6%
Last 12 months
2,901
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

DateTypeSqftPriceAED/sqft
30 Sept 20261 bed1,296AED 3,525,0002,720
14 Jan 20262 bed1,677AED 7,300,0004,353
24 Oct 20251 bed1,296AED 3,760,0002,901

3 resales in the last 12 months.

Comparables in Palm Jumeirah

Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. Ruby places 43rd of 93; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
39Al HatimiAED 5.90M3,103+7.0%—+4.3%5
40Al Nabat B8AED 5.70M3,078+6.1%——7
41EmeraldCompleted 2009 · off-plan 1,533/sqftAED 5.40M3,048+5.1%4.8%+1.3%9
42Jash FalqaAED 6.40M2,934+1.1%—-2.5%5
43Ruby · this buildingCompleted 2009 · off-plan 1,569/sqftAED 3.76M2,9016.9%—3
44Azure ResidencesCompleted 2015 · off-plan 4,044/sqftAED 3.35M2,900-0.1%4.8%+18.2%9
45Oceana SouthernAED 4.10M2,896-0.2%——5
46Al SultanaAED 6.25M2,895-0.2%—+0.1%7
47Serenia Residences Building ACompleted 2017 · off-plan 2,258/sqftAED 3.40M2,829-2.5%5.9%-19.3%5

Rank 1 is the dearest per square foot. Differences are against Ruby (AED 2,901/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Ruby has registered sale prices 0% above the Palm Jumeirah median price per square foot of 2,802 AED, across 27 eligible buildings.

Market context in Palm Jumeirah

Registered sales activity

748 ready apartment sales in the 12 months to 2026-10-12.

+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.

Explore sales activity

Planned apartment projects

1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.

3 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.

Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.

New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.

How these are counted
Find service-charge budget evidence for Ruby

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Tiara Residence towers

6 towers in Tiara Residence, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Amber—none——none—
AquamarineAED 4.05M3 sales3,125AED 170,000project pool4.2%
DiamondAED 4.40M5 sales3,395AED 170,000project pool3.9%
EmeraldAED 3.92M4 sales3,029AED 170,000project pool4.3%
Ruby · this building—2 sales, too few—AED 170,000project pool—
Tanzanite—2 sales, too few—AED 170,000project pool—

Ejari files Tiara Residence’s leases under the project, not a tower, so 5 towers share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Palm Jumeirah: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Palm Views1 developments, pooled—none—1 sale, too few——
West1 tower—none—1 sale, too few——
Balqis Residence5 towers—none—2 sales, too few——
Fairmont Palm Residence2 towers · rent filed for the projectAED 150,00058 contractsAED 2.76M8 sales1,9915.4%
Golden Mile10 towers · rent filed for the projectAED 130,00057 contractsAED 2.67M8 sales2,0084.9%
Grandeur Residences2 towers · rent filed for the projectAED 122,50022 contractsAED 2.02M9 sales1,9216.1%
Passo By Beyond2 towers—noneAED 4.85M59 sales5,184—
Royal Amwaj2 towers · rent filed for the projectAED 150,00039 contractsAED 2.60M19 sales2,1435.8%
Serenia Residences the Palm3 towers · rent filed for the projectAED 150,00024 contractsAED 3.40M6 sales2,8664.4%
Seven Hotel and Apartments The Palm2 towers · rent filed for the projectAED 130,00069 contractsAED 2.10M24 sales2,9346.2%
Tiara Residence · this development6 towers · rent filed for the projectAED 170,00045 contractsAED 4.03M16 sales3,0864.2%
All of Palm Jumeirahevery building, in a project or notAED 150,000513 contractsAED 3.38M264 sales3,0054.4%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.

About Ruby

Ruby is an apartment building completed in 2009 in Palm Jumeirah. 64 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
24 min · 22 km
DXB Airport
28 min · 35 km
DIFC
20 min · 24 km
Dubai Marina
14 min · 7.9 km
Palm Jumeirah
12 min · 4.5 km

Nearest, as registered

Metro
Knowledge Village
Mall
Marina Mall
Landmark
Burj Al Arab

Ruby: AED 2,901 per sq ft, 3% above the median Palm Jumeirah building, and a 6.9% gross yield, in the top tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. RubyAED 2,901
  2. Palm Jumeirah, readyAED 2,663
  3. Palm Jumeirah, off-planAED 5,539
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

RubyPalm Jumeirah median building

  1. Palm Jumeirah6.9% vs 5.1%
Line: the 10th to 90th percentile of 50 buildings in Palm Jumeirah. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Palm Jumeirah, by handover quarter

Prices per sq ft around Ruby, on the map
Pills show median sale price, AED. 81 buildings pinned from Google place records and Apple geocoding · Ruby is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Ruby’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
16,197AED
4.5% over 25 years
Monthly rent
14,167AED
AED 170,000 a year
Cash needed at purchase
994,318AED
20% down plus AED 265,818 in fees

Owning costs AED 514,441 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Ruby

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Common questions

What is the rental yield in Ruby?
No gross yield is published for Ruby as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 2 registered sales and 45 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Palm Jumeirah median is 5.2% gross.
How much does a 1 bedroom in Ruby cost?
The median registered sale price is AED 3.64M (2,811 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What is the registered annual rent for a 1 bedroom in Ruby?
The median new annual rent is AED 170,000, from 45 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Ruby risen or fallen?
The median new annual rent changed -4.2% in the trailing 12 months against the previous 12, using 45 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Ruby pay more than sitting ones?
A new tenant pays +11.4% against a renewing one, across 80 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

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Ruby sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
2 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/palm-jumeirah/ruby
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Ruby sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/ruby

Stable dataJSON