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Ruby Residence is an eight-storey residential complex located in Dubai Silicon Oasis, Dubai. The project was developed by Deyaar in 2009. There are a total of 138 residential units that differ in size and configuration. Properties include one- to three-bedroom apartments that are available to buy and rent. Units feature modern designs and high-quality finishes. One-bedroom apartments are the most popular units and have an average size of 800 sq. ft. Apartments include bedrooms with ensuite bathrooms, equipped kitchens, living rooms, and balconies. Two-bedroom apartments range in size from 1,157 sq. ft. to 1,264 sq. ft. and have spacious living rooms, dining areas, wide balconies, and staff accommodations. Three-bedroom apartments range in size from 1,600 sq. ft to 1,628 sq. ft. The complex provides a variety of amenities and services, including:
Underground parking
Guest parking on the street level
Multiple high-speed elevators for easy movement between floors
Round-the-clock security services and video surveillance
Event space
Gym
Swimming pools
Saunas
Entertainment area
Outdoor recreation area
Children’s playgrounds
Walking paths
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Ruby Residence is located in Dubai Silicon Oasis, a lively community with many residential and commercial buildings, as well as numerous entertainment venues and recreation areas. Residents have easy access to Al Ain-Dubai Road and Sheikh Mohammed Bin Zayed Road, which provide direct routes to other parts of the emirate. Dubai International Airport can be reached within a 20-minute drive of the apartments. The nearest bus stops, Silicon Oasis Palace Tower and Silicon Oasis Lake, are situated within a five-minute walk. Cabs can also be found throughout the neighbourhood.
For groceries and household goods, residents can shop at Carrefour, Tesco, and Al Madina Mart, which are located within a 10-minute walk of the building. Residents can choose from a selection of local restaurants. Bayti and Grills & More can also be reached within a 10-minute walk.
Residents can take advantage of nearby educational institutions, such as GEMS Wellington Academy, Vernus International School, and the Indian International School. Zayed University is one of the city’s leading universities and is situated within a 10-minute drive of the complex. For leisure activities, residents can go to Global Village and the Ras Al Khor Wildlife Sanctuary, which are located within a 15-minute drive.
Ruby Residence offers many profitable real estate investment opportunities. One-bedroom apartments have a return on investment rate of 7.5%. Properties can be purchased to subsequently rent out, which can generate a passive income. Ruby Residence offers many important advantages for tenants and investors. It is conveniently located in a community with a well-developed infrastructure and good transport accessibility.
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