Ruby Residence
Ruby Residence is a residential building in the Nadd Hessa sub-area of Dubai Silicon Oasis, developed by Deyaar Development, with 138 apartments confirmed across two independent sources. Sources disagree on the exact storey count (10 storeys per Propsearch's Dubai Land Department-linked data, versus 8 storeys per Bayut's own Building Guide) and on the full unit mix (Bayut and fam Properties both independently list one-, two- and three-bedroom apartments with matching floor-plan sizes, while Propsearch's summary text describes only one- and two-bedroom units), discrepancies disclosed openly rather than resolved. This guide covers Ruby Residence's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Deyaar Development
Storeys
8 to 10
Total units
138
Unit mix
1, 2 & 3-bed
Location
Dubai Silicon Oasis (Nadd Hessa)
About Ruby Residence
Ruby Residence is a residential building in the Nadd Hessa sub-area of Dubai Silicon Oasis, developed by Deyaar Development. Construction began in August 2008 and the building was substantially complete by 2009 to 2010, with 138 apartments confirmed by both Propsearch and Bayut.
Sources disagree on two points. Propsearch, whose data is tied directly to Dubai Land Department transaction records for this building, describes Ruby Residence as a 10-storey building offering only one- and two-bedroom apartments. Bayut's own Building Guide states 8 storeys with a wider one-, two- and three-bedroom mix, and fam Properties independently lists the same three-bedroom option with matching floor-plan sizes to Bayut's. Because two independent portals agree on the fuller unit mix with matching detailed sizes, and because the transaction sample reviewed for this guide covered only 10 of the 50 sale records Propsearch has on file (not the full set), this guide presents the one-, two- and three-bedroom mix as the likely accurate picture rather than treating the absence of a three-bedroom transaction in the sample as evidence against it. Deyaar Development is a large, publicly-listed Dubai real estate developer active across multiple communities, not a restricted hotel brand, so there is no permit-related concern tied to the developer.
Developer and unit count confirmed via propsearch.ae, bayut.com and famproperties.com (3 independent sources; developer unanimous, 138 units confirmed by propsearch.ae and bayut.com). Storey count and unit mix carry a disclosed conflict between propsearch.ae (10 storeys, one- and two-bedroom only) and bayut.com plus famproperties.com (8 storeys, one-, two- and three-bedroom, matching floor-plan sizes on both). Construction dates sourced from propsearch.ae (August 2008 to February 2010) and bayut.com (completed 2009); a third source, famproperties.com, cites a later 13 October 2011 handover date, disclosed here but not used as the primary figure. No documented fire, structural failure or safety incident was found for this building in any source checked.
Location & Nearby Landmarks
Ruby Residence sits in the Nadd Hessa sub-area of Dubai Silicon Oasis, at the intersection of Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road (E311). Nearby buildings within a 5 to 10-minute walk include Palace Tower, SIT Tower and Spring Oasis Tower, with Silicon Gates I, Palacio Tower and Binghatti Diamonds also close by.
Silicon Oasis Community Park (0.2 km), Silicon Oasis Lake Park (1.1 km) and Silicon Towers Park (1.8 km) are all within easy walking distance. Zayed University in Academic City and the Ras Al Khor Wildlife Sanctuary are both named as major nearby landmarks. For wider leisure, IMG Worlds of Adventure (8.0 km), Dubai Safari Park (9.4 km) and Global Village (9.9 km) are all a short drive away. For the wider Dubai short-term rental picture beyond this one building, see Royale Stays' full guide to Airbnb property management in Dubai.
Location and sub-area details sourced from propsearch.ae's transaction records (Area: Nadd Hessa) and its nearby-outlets, attractions, parks and hotels data, and bayut.com's Building Guide Location, Nearby Buildings and Major Landmarks sections.
Unit Types at Ruby Residence
Bayut and fam Properties both independently describe Ruby Residence as offering one-, two- and three-bedroom apartments, with matching size ranges on both portals: 1-bedroom units of approximately 800 to 821 sq ft, 2-bedroom units of approximately 1,157 to 1,264 sq ft, and 3-bedroom units of approximately 1,600 to 1,628 sq ft. Propsearch's own summary text describes the building more narrowly as one- and two-bedroom only, and the real Dubai Land Department sale transactions reviewed for this guide (a 10-record sample of the 50 on file) were all for 1-bedroom units of 773 to 777 sq ft, with one 2-bedroom record of 1,113 sq ft appearing as a mortgage rather than a sale.
Unit mix and sizes sourced from bayut.com's Building Guide (Apartment Types section, floor-by-floor sizes) and famproperties.com's Available Sizes table (matching sizes for all three bedroom counts). Propsearch.ae's Overview text states "a mix of one- and two-bedroom apartments" without a floor-by-floor breakdown; its Latest Transactions table (10 of 50 total sale/mortgage records reviewed) showed only 1-bedroom (773 to 777 sq ft) and one 2-bedroom (1,113 sq ft) unit.
Amenities
Ruby Residence offers 24-hour security with CCTV and access control, basement parking for residents plus surface parking for visitors, multiple high-speed elevators, a fully equipped gym with separate steam and sauna rooms for men and women, a rooftop infinity swimming pool with a separate kids' pool, a landscaped communal garden, a barbecue area, a kids' play area, and a multi-purpose hall for community events. Fire alarm and firefighting systems, backup power, emergency lighting and a public broadcasting system are installed throughout the building, and DEWA provides electricity, water and chilled cooling.
Amenities cross-confirmed via propsearch.ae (24-hour security, parking, barbecue area, garden, health club, leisure deck, multi-purpose hall, swimming pool) and bayut.com's Building Guide (adds rooftop infinity pool, separate kids' pool, sauna/steam detail, elevators, fire safety systems, DEWA-provided utilities) -- 2 independent sources, complementary, no contradiction.
Transportation & Access
By car, it takes roughly 18 minutes from Ruby Residence to Dubai Mall, 28 minutes to Palm Jumeirah, 28 minutes to Burj Al Arab and 31 minutes to The Walk at JBR. Dubai International Airport (DXB) is around 18 minutes' drive, and Al Maktoum International Airport is around 36 minutes' drive. The nearest Dubai Metro stations, Rashidiya, Creek and Al Jadaf, are all about 15 to 17 minutes' drive away, and the nearest bus stops, Silicon Oasis Palace Tower and Silicon Oasis Lake, are within an 8 to 10-minute walk.
Drive times sourced from propsearch.ae's Transport & Access section (Google Maps-calculated, fastest route in typical traffic). Metro and bus stop detail sourced from bayut.com's Building Guide Transportation section.
Sale and Rental Prices at Ruby Residence
Real Dubai Land Department-registered sale transactions for Ruby Residence, filtered to genuine Sale and Development Sale records only (mortgage registrations excluded), show four 1-bedroom units of 773 to 777 sq ft selling between AED 720,000 and AED 760,000 in the 11 May to 8 Jul 2026 window, an average of about AED 742,500. No genuine sale-type transaction for a 2-bedroom or 3-bedroom unit appeared in the sample reviewed; the one 2-bedroom record found (1,113 sq ft, AED 972,000) was a mortgage registration, not a sale.
Real DLD-registered rental contracts for Ruby Residence, sourced independently from fam Properties, range from about AED 44,000 to AED 62,000 per year for 1-bedroom units (11 contracts reviewed), and about AED 55,200 to AED 80,000 per year for 2-bedroom units (2 contracts reviewed). fam Properties also lists a starting price of AED 500,000 on its own listing page, a lower figure not tied to a specific dated transaction, so it is disclosed here rather than treated as the current market rate.
Sale pricing sourced from propsearch.ae's Latest Transactions table, Sales and Development Sale transaction groups only (Mortgage Registration and Development Mortgage entries in the same table excluded, including one mortgage record priced at AED 592,000 for the same 773 sq ft unit type, which is not a sale price). Rental contracts sourced from famproperties.com's Rental Contracts Registered In This Project table (dated entries, Jul-Sep 2026). All transaction records reviewed showed "Building Name: Ruby Residence" and "Project: RUBY RESIDENCE," confirming no cross-contamination from a shared Dubai Land Department project registration with a neighbouring building.
Airbnb & Short-Term Rental Income Potential
Dubai Silicon Oasis is not currently one of Royale Stays' five core managed areas (Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay), so this guide does not claim a Royale Stays management track record at Ruby Residence specifically. Deyaar Development is a large, publicly-listed real estate developer rather than a restricted hotel brand, so there is no confirmed policy bar to short-term letting here.
Every short-term rental in Dubai requires a DTCM holiday home permit. Royale Stays can arrange the permit application and manage the day-to-day operation, including for owners based overseas, for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications. With 1-bedroom rents in Ruby Residence typically landing in the AED 44,000 to AED 62,000 per year range, owners considering a switch to short-term letting should weigh realistic occupancy and setup costs against that long-term rental baseline before deciding. See Royale Stays' Dubai holiday home permit guide for the full permit process.
Long-term rental baseline sourced from famproperties.com's DLD-registered rental contracts table (see Sale and Rental Prices section above). No Royale Stays-specific earnings data exists for this building; company facts sourced from data/company-info.json.
Questions