Ruby

Completed|111 units · 1 building

Ruby is a completed development by SHAMAL ESTATES L.L.C in Palm Jumeirah, comprising 111 registered units. 259 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,496 per sqft. At AED 3,496 per sqft, Ruby prices 42% above the Palm Jumeirah median of AED 2,464 per sqft on registered sales.

PIX© price · ↑7.7% YoY

6.24MAED

Typical

3,496AED

PSF

Gross yield

4.4%

PIX© rent ÷ PIX© price

Sale records

259

DLD · all time

Rent contracts

595

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationPalm Jumeirah

Drive times · typical

Downtown Dubai16 min · 12.5 km

DXB Airport6 min · 3.3 km

DIFC17 min · 11.2 km

Dubai Marina28 min · 32.0 km

Palm Jumeirah29 min · 34.3 km

Nearby · straight-line

Metro stationDeira City Centre0.5 km

MallDeira City Centre0.6 km

SchoolGEMS Legacy School Primary Campus1.3 km

HospitalRashid Hospital1.1 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 11

…

2 Bed on Floor 11, Ruby

Size
Record: Mar 2009 to Oct 2026
Owners: 6
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Tenant 3	28 Oct 2026		Owner 6
2Tenant 2	1 Sep 2025	14 mo	Renewal Owner 6
2Tenant 2	1 Sep 2024	12 mo	Renewal Owner 6
2Tenant 2	1 Sep 2023	12 mo	Renewal Owner 6
6Owner 6	29 May 2023	3.4 yrs	Current owner Sold with tenant in place
2Tenant 2	1 Sep 2022	12 mo	Renewal Owner 5
2Tenant 2	1 Sep 2021	12 mo	Renewal Owner 5
2Tenant 2	1 Sep 2020	12 mo	Renewal Owner 5
2Tenant 2	1 Sep 2019	12 mo	Owner 5
5Owner 5	28 May 2014	9.0 yrs
4Owner 4	9 Mar 2014	3 mo
1Tenant 1	28 Nov 2012	12 mo	Owner 3
3Owner 3	8 Nov 2012	16 mo	Mortgage
2Owner 2	5 Jan 2012	10 mo	Transferred without a registered sale
1Owner 1	11 Mar 2009	2.8 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 11 · Ruby

Nightly rateAED

Occupancy (237 nights)

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Ruby3,496AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 77 - 5,217 sqft	111	6.24M	3,496	↑7.7%		272K	4.4%
Residential
1 Bed · Apartment 1,296 - 1,849 sqft	34
2 Bed · Apartment 1,677 - 2,414 sqft	30
3 Bed · Apartment 2,266 sqft	26
4 Bed · Apartment 5,217 sqft	2	-	-	-		-	-
Commercial
Warehouse 77 - 395 sqft	19	-	-	-	-	-	-

Sales - Project-Wide259 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
27 Oct 2026		3 Bed	Ruby · Floor 5	2,266	8,200,000	3,619	+67.3%	Standard	Standard Sale
30 Sep 2026	—	1 Bed	Ruby · Floor 2	1,296	3,525,000	2,720	+110.4%	Standard	Standard Sale
14 Jan 2026		2 Bed	Ruby · Floor 4	1,677	7,300,000	4,353	+82.5%	Standard	Standard Sale

Rentals - Project-Wide595 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Nov 2026	1 Bed	Ruby · Floor 4	1,296	160,000	123	-	Standard	CERTIFICATE
1 Nov 2026	1 Bed	Ruby · Floor 5	1,296	180,000	139	-	Premium	CERTIFICATE
1 Nov 2026	1 Bed	Ruby · Floor 5	1,296	180,000	139	-	Premium	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

This project

Ruby

Compared with

Muraba Residence

PIX© PSF

3,426

Rank

#9 of 51

#8 of 51

Typical price

5.98M

Yield

4.2%

Units

111

Sales

Rents

183

Developer

SHAMAL ESTATES L.L.C

MURABA PROPERTIES L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Ellington Beach House BEACH HOUSE REAL ESTATE DEVELOPMENT L.L.C · Completed	129					20	50
	The Palm Tower DUBAI HOLDING (L.L.C) · Completed	490					183	663
	The 8 C FOURTEEN FZE · Completed	307					130	290
	Aquamarine SHAMAL ESTATES L.L.C · Completed	110					38	154
	Muraba Residence MURABA PROPERTIES L.L.C · Completed	50					34	21
9	Ruby SHAMAL ESTATES L.L.C · Completed	111	3,426	Subject	5.98M	4.2%	19	183
	Serenia Residences West PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	76					34	93
	Serenia Residences East PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	58					33	44
	Balqis Residence Block A BALQIS RESIDENCE FZE · Completed	84					23	105
	Tiara Residences SHAMAL ESTATES L.L.C · Completed	847					154	1,538
	Emerald SHAMAL ESTATES L.L.C · Completed	109					39	167

Community median 2,464 AED/sqft. Showing the closest-ranked peers of 51 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 20 excluded for trading only in the off-plan market. 9 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Muraba ResidenceAED 3,579/sqft
Serenia Residences WestAED 3,344/sqft
Serenia Residences EastAED 3,227/sqft
Balqis Residence Block AAED 3,212/sqft
AquamarineAED 3,803/sqft
The 8AED 3,804/sqft

Common questions about Ruby

Answered from Dubai Land Department registered transactions.

How much does a property in Ruby cost?

Property in Ruby sells at a current PIX© price of AED 3,496 per sqft, or about AED 6,237,513 for a typical unit, based on 259 sales registered with the Dubai Land Department.

Is Ruby completed?

Yes. Ruby is recorded as completed in the Dubai Land Department project register.

Who is the developer of Ruby?

Ruby is developed by SHAMAL ESTATES L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Ruby?

Ruby yields 4.4% gross, calculated from current PIX© rent against current PIX© sale price, across 595 registered Ejari contracts.

How many units are in Ruby?

Ruby holds 111 registered units, per the Dubai Land Department unit register.

Have prices in Ruby gone up or down?

Price per sqft has risen +7.7% over the last 12 months, to AED 3,496, across 259 registered sales.