Ruby Residence

Ruby Residence — Dubai Silicon Oasis, Dubai

TL;DR

• Developer: Deyaar Development
• Location: Dubai Silicon Oasis (DSO), eastern Dubai
• Configuration: 138 apartments across 8 floors — 1BR, 2BR, 3BR
• Unit Sizes: 1BR: 800–821 sq ft | 2BR: 1,157–1,264 sq ft | 3BR: 1,600–1,628 sq ft
• Completion: Q1 2010 (construction completed February 2010) — Ready
• Price Range: AED 550,000–1,000,000 (secondary market)
• Title: Freehold
• Standout: 15+ years of proven occupancy in DSO — generously sized units, crèche/day care on-site, BBQ area, health club, leisure deck, multipurpose hall, and views toward Repton School and Dragon Mart

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1. Introduction — A Proven Community Anchor in Dubai Silicon Oasis

Ruby Residence by Deyaar Development is one of Dubai Silicon Oasis' most established and consistently occupied residential buildings — a completed, ready, 138-unit freehold development that has served the DSO community continuously since early 2010. Over 15 years of operation, Ruby Residence has demonstrated the core characteristics that define a durable residential investment: consistent tenant demand, manageable service charges, generous apartment sizes that age well relative to Dubai's newer micro-unit trend, and a location within one of Dubai's most stable and community-oriented residential districts.

The building's 8-storey configuration — modest in scale by today's Dubai standards — is one of its defining qualities. With 138 units across 8 floors, Ruby Residence maintains a genuine community atmosphere rather than the anonymous density of larger towers. Residents know their neighbours. Lift wait times are short. The lobby feels cared for rather than overwhelmed. These qualities, invisible in a listing but deeply felt in daily residential life, explain why Ruby Residence has sustained high occupancy across multiple Dubai market cycles.

For investors, the combination of Deyaar credibility, freehold title, generous unit sizes, 15+ years of proven rental demand from DSO's technology sector and academic community, and a secondary market price range (AED 550K–1M) that delivers competitive yields relative to entry cost makes Ruby Residence one of DSO's most dependable yield assets. For owner-occupiers, it is a home of real space — 800 sq ft for a 1BR, 1,264 sq ft for a 2BR — in a community where the lifestyle infrastructure (schools, parks, retail, green space) continues to improve.

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2. Developer — Deyaar Development

Deyaar Development is one of Dubai's most established residential and commercial developers — a publicly listed company (Dubai Financial Market) with a portfolio of delivered projects spanning Dubai Marina, DIFC, Business Bay, DSO, and Abu Dhabi. The company is majority-owned by Dubai Islamic Bank and operates with institutional governance standards that provide buyers with greater transparency and accountability than smaller private developers.

In Dubai Silicon Oasis, Deyaar has delivered multiple residential projects — Ruby Residence, Montrose, and Deyaar DSO Villas among them — establishing a strong track record of quality delivery and long-term community investment within the district.

Deyaar's choice to develop Ruby Residence at the 138-unit scale reflects the developer's early recognition that boutique-scale buildings in DSO's established residential zone would sustain occupancy better than mega-towers: a thesis that has been validated by 15+ years of consistent performance.

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3. Location — Dubai Silicon Oasis

3.1 Dubai Silicon Oasis: Technology Park and Family Community

Dubai Silicon Oasis is a 7.2-square-kilometre integrated free zone and residential community — home to over 1,000 technology, electronics, and digital economy companies, multiple international universities and schools, and a substantial permanent residential population. The district's dual identity — technology free zone and genuine family community — generates two distinct, overlapping residential demand streams that together sustain DSO's residential market through Dubai's broader market cycles.

Technology Sector Demand: Engineers, software developers, operations professionals, and corporate staff at DSO's 1,000+ tenant companies constitute a consistent professional rental market within easy walking or driving distance of their workplaces.

Academic Community Demand: Rochester Institute of Technology Dubai (RIT), Manipal University, Heriot-Watt University Dubai, and multiple other higher education institutions in adjacent Academic City generate student, faculty, and research staff residential demand — a particularly stable, long-term tenant segment.

School Proximity: Ruby Residence's listed views include Repton School Dubai (one of the most prestigious British curriculum schools in the UAE), Deira International School (consistently highly rated), and Latifa School for Girls — confirming the building's position within easy reach of DSO's most sought-after educational institutions, a key driver of family tenant demand.

3.2 Connectivity

• Sheikh Mohammed bin Zayed Road (E311): 3 minutes — the primary arterial connecting northern and southern Dubai
• Dubai-Al Ain Road (E66): Directly adjacent — connects to Academic City, Al Ain
• Dubai International Airport (DXB): 15–20 minutes
• Downtown Dubai / Burj Khalifa: 25 minutes via E311
• Business Bay / DIFC: 25 minutes
• Global Village: 10 minutes
• IMG Worlds of Adventure: 10 minutes
• Dragon Mart / International City: 10 minutes (visible from upper-floor units)
• Dubai Outlet Mall: 10 minutes
• Sharjah (University City / Academic area): 20 minutes
• Mirdif / Uptown Mirdif Mall: 15 minutes

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4. Architecture and Unit Design

4.1 Eight Floors, 138 Units — Boutique Community Scale

Ruby Residence rises 8 floors above grade, housing 138 apartments — an average of approximately 17 units per floor. This density creates the building's defining quality: a genuine residential community rather than a commercial-scale apartment stack. Common areas are manageable, lobby activity is calm rather than congested, and the building's management is responsive to individual resident needs in a way that larger towers structurally cannot be.

The building's architecture is clean and functional — a mid-2000s Dubai residential aesthetic of simple, well-proportioned facades with generous window openings, consistent with the early DSO district's planning standards.

4.2 Unit Mix and Floor Plans

1-Bedroom Apartments (800–821 sq ft)

Ruby Residence offers two distinct 1BR floor plans:

Plan A (800 sq ft):

• Spacious bedroom with attached bathroom
• Separate powder room / guest WC
• Open-plan kitchen and living/dining area
• Private balcony with community views

Plan B (821 sq ft):

• Similar configuration with minor layout variation
• Slightly different kitchen orientation

At 800–821 sq ft, Ruby Residence 1BR units are materially larger than many newer DSO buildings' 1BR offerings — a reflection of early 2000s Dubai construction norms that prioritised spatial generosity over maximising unit count per floor. This size premium sustains rental demand from professional couples and individuals who find the micro-unit 1BR trend of newer buildings inadequate for comfortable daily living.

2-Bedroom Apartments (1,157–1,264 sq ft)

Plan A (1,157 sq ft):

• Master bedroom with dressing room and ensuite bathroom
• Secondary bedroom
• Large living and dining area
• Fully fitted kitchen
• Maid's room / storage room
• Powder room
• Private balcony

Plan B (1,264 sq ft):

• Expanded configuration — larger living zone
• Master suite with full dressing room and ensuite
• Second bedroom with access to family bathroom
• Extended kitchen and dining provisions
• Maid's room
• Powder room
• Private balcony

The inclusion of a maid's room in the 2BR configuration is significant — reflecting the building's family-oriented design philosophy and its relevance to tenant demographics who expect this provision as standard.

3-Bedroom Apartments (1,600–1,628 sq ft)

• Full family-scale configuration
• Master suite with dedicated bathroom and dressing provisions
• Two secondary bedrooms
• Family bathroom
• Maid's room
• Open-plan or semi-closed fitted kitchen
• Large living and dining zone
• Private balcony

At 1,600+ sq ft, Ruby Residence 3BR units are among the most generously proportioned 3BR apartments available in DSO at the secondary market pricing level — providing genuine family space rarely found in newer DSO buildings at comparable price points.

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5. Amenities — Comprehensive and Distinctive

Ruby Residence's amenity package reflects the early Dubai residential standard of comprehensive in-building facilities — a package that remains genuinely competitive even after 15+ years:

5.1 Aquatic and Outdoor

• Swimming Pool: Community pool with a dedicated leisure deck — well-maintained across 15+ years of operation
• BBQ Area: Dedicated outdoor barbecue facility — one of the rarest amenities in DSO's mid-market buildings, reflecting early Deyaar commitment to community programming
• Garden: Manicured communal garden areas providing green space within the building footprint

5.2 Health and Fitness

• Health Club: Fully equipped gymnasium
• Leisure Deck: Outdoor relaxation area associated with the pool

5.3 Community and Family — The Crèche

• Crèche / Day Care: An on-site crèche is the most unusual and practically valuable amenity in Ruby Residence's package — exclusively available to building residents. For working parents with infants and toddlers, an on-site crèche eliminates one of the most stressful daily logistics challenges of urban family life. No other DSO building of comparable price offers this provision, making Ruby Residence structurally attractive to a very specific — and very loyal — tenant segment.
• Multipurpose Hall: Flexible community event space for resident gatherings, children's birthday parties, and community programming

5.4 Building Services

• 24-Hour Security: Comprehensive CCTV monitoring and access control
• Ample Parking: Covered parking for all residents
• Central A/C: Full ducted cooling throughout
• High-Speed Elevators: Efficient lift access

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6. Investment Analysis — Ruby Residence, DSO

6.1 Fifteen Years of Proven Performance — The Most Reliable Evidence

A building that has maintained high occupancy and consistent rental yields across 15 years — spanning the 2008 global financial crisis, the 2015–2016 Dubai correction, the 2020 COVID period, and the subsequent boom — is demonstrating resilience that no off-plan projection can replicate. Ruby Residence has lived through all of these cycles and continued to generate income for its investors. This is the most credible investment thesis available in real estate: demonstrated, repeated, sustained performance.

6.2 Rental Yield Benchmarks — DSO

• 1-Bedroom (800–821 sqft): AED 55,000–75,000 per annum → gross yield 6.9%–9.4% on AED 550K–800K secondary market
• 2-Bedroom (1,157–1,264 sqft): AED 75,000–100,000 per annum → gross yield ~7.0%–9.0%
• 3-Bedroom (1,600–1,628 sqft): AED 100,000–140,000 per annum

The maid's room provision in 2BR and 3BR units supports premium rental rates — many DSO tenants specifically filter for maid's room availability.

6.3 The Crèche Premium

The on-site crèche creates a tenant retention advantage that is nearly impossible to replicate. Families who place their children in the building's crèche have a powerful logistical incentive to remain in the building for 3–5 years — until the child's age exceeds crèche requirements. This structural tenant retention dramatically reduces vacancy periods and turnover costs for investors in Ruby Residence.

6.4 UAE Golden Visa

At AED 750,000+ (achievable across 2BR and larger configurations), buyers qualify for the UAE 3-year property investor residency visa. At AED 2M+ (available through portfolio assembly or larger 3BR configurations), the 10-year Golden Visa is accessible.

6.5 Freehold Title

Full ownership rights for all nationalities — supporting the broadest possible resale market across the GCC, Western expatriate, and Asian buyer segments that are most active in DSO.

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7. Why Ruby Residence Stands Out

On-Site Crèche — Unique in DSO: An exclusive in-building crèche is genuinely unavailable in any comparable DSO building — creating structural tenant retention among family occupiers.

800–1,628 sqft Units — Genuinely Spacious: Unit sizes from the early 2010 standard that exceed most newer DSO buildings at equivalent price points.

15+ Years of Proven Yield — Not a Projection: A performance record that demonstrates genuine market resilience across multiple cycles.

138 Units, 8 Floors — Boutique Community Scale: The building's size creates a community quality of life unavailable in larger towers.

Maid's Room in 2BR and 3BR: A practical family standard that supports premium rental rates and tenant retention.

BBQ Area — Rare Communal Facility: An outdoor barbecue space as a resident amenity is genuinely scarce in DSO's mid-market residential inventory.

Multipurpose Hall: Community programming space that builds residential community cohesion.

Deyaar Developer Credibility: A publicly listed, institutionally governed developer whose continued engagement with DSO sustains property management standards.

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8. Summary

Ruby Residence by Deyaar Development is Dubai Silicon Oasis' most established boutique residential community — 138 generously sized freehold apartments (1BR: 800–821 sq ft; 2BR: 1,157–1,264 sq ft with maid's room; 3BR: 1,600–1,628 sq ft) across 8 floors, completed February 2010, with an on-site crèche exclusively for residents, swimming pool, BBQ area, health club, and multipurpose hall. With 15+ years of proven occupancy, gross rental yields of 6.9%–9.4% on 1BR units, freehold title, and a secondary market price range of AED 550K–1M, Ruby Residence is the most proven and community-rich freehold residential investment available in Dubai Silicon Oasis.