Dubai Land Department Off-Plan Register

Ruby Residence Launch Prices

Off-plan in Silicon Oasis · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

55 developer launch sales registered at Ruby Residence between Jun 2009 and Jul 2018: 100% apartments, most commonly 1-bed units, typically around 800 sqft.

Launch sales
55
DLD off-plan registrations, all time
Median launch /sqft
AED 1,165
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 300,0002,018,531
Min – max registered

Bed mix: 1-bed 82% · 2-bed 15% · 3-bed 4%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Ruby Residence, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q226AED 1,248
2010 Q27AED 1,260
2010 Q31AED 1,000
2011 Q22AED 1,158
2011 Q31AED 388
2011 Q41AED 850
2013 Q22AED 939
2015 Q23AED 996
2016 Q25AED 776
2016 Q32AED 773
2017 Q11AED 498
2018 Q22AED 1,029
2018 Q32AED 694
Two different markets

Launch vs Resale

Ruby Residence also has 215 ready-market resales registered with the DLD, the first on 3 February 2014 - 56 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
215
20 in the last 2 years
Resale median /sqft
AED 867
last 2 years
Resale vs launch
-26%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Ruby Residence →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
771 sqft · 11 July 2018
AED 315,000
AED 409 /sqft
Apartment · 1 Bed
771 sqft · 11 July 2018
AED 755,309
AED 980 /sqft
Apartment · 1 Bed
773 sqft · 1 May 2018
AED 786,193
AED 1,017 /sqft
Apartment · 1 Bed
779 sqft · 26 April 2018
AED 811,054
AED 1,041 /sqft
Apartment · 1 Bed
773 sqft · 23 January 2017
AED 385,000
AED 498 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Silicon Oasis

Off-plan in Silicon Oasis

Compare this project with every other off-plan launch registered in Silicon Oasis, or see the community's resale market.

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