2-bed · 1,117 sqftRed Residence, Dubai Sports City · 10th floor · completed 2014

1008, Red Residence

Sold prices and rental history: sold twice, last in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1008 · DLD and Ejari recordsUpdated 19 November 2019

Last soldAED 635K19 November 2019

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1008, Red Residence

Today

What is 1008 worth today?

Last sold for AED 635,000 in 2019

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19 Nov 2019

19 Nov 2019SoldReady

AED 635,000AED 568 per sqft

17 Sep 2013

17 Sep 2013Sold by developerOff-plan

AED 1,574,240AED 1,409 per sqft

Source: Dubai Land Department. Updated 19 November 2019.

Key facts

Type: 2-bed apartment
Size: 1,117 sqft
Floor: 10th of 22
Parking: B2-52
Developer: ME Development
Completed: 2014
Service charge: AED 15,800 /yr
Last sold: AED 635K · November 2019
Building: Red Residence

About 1008, Red Residence

1008 is a two-bedroom apartment of 1,117 sqft on the 10th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 19 November 2019 for AED 635,000, or AED 568 per sqft, in line with the AED 574 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1008 over time

Sales

Unit 1008, each saleTypical two-bed in Red Residence

1008 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1008, each contractTypical two-bed in Red Residence

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Red Residence, and where 1008 sits

All 96 2-beds →

2-beds in Red Residence · last 12 months854 /sqft Red Residence · all types799 /sqft

1008 last sold in November 2019 at AED 568 per sqft, in line with what two-beds in Red Residence were fetching at the time (AED 574). Over the last 12 months two-beds sold for AED 650,000 to 950,000, around AED 854 per sqft, and rent for AED 45,000 to 90,000 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
16 Jul 202616 July 2026	931 sqft	650,000	697
14 Apr 202614 April 2026	931 sqft	820,000	880
16 Feb 202616 February 2026	934 sqft	840,000	899
17 Jan 202617 January 2026	934 sqft	750,000	802

8 2-bed sales in the last 12 months

Red Residence

Building

330 apartments, studios to 2-bed over 22 floors in Dubai Sports City, completed in 2014 by ME Development. 27 sold in the last 12 months.

Typical price per sqft: AED 799 Up 6.5%
Typical sale: AED 630K
Typical rent: AED 55K /yr
Typical yield: 8.7%

Red Residence, Dubai Sports City: prices, sales and rents →

Other units on the 10th floor

All 330 units in Red Residence


1001	2-bed	1,113 sqft	AED 650KAED 650,000 · Dec 2023December 2023	69,000 /yr
1002	1-bed	788 sqft	AED 575KAED 575,000 · Sep 2026September 2026	47,500 /yr
1003	1-bed	824 sqft	AED 660KAED 660,000 · Dec 2015December 2015	72,000 /yr
1004	1-bed	419 sqft	AED 436KAED 436,012 · Apr 2016April 2016
1005	1-bed	788 sqft	AED 450KAED 450,000 · Oct 2023October 2023	55,000 /yr
1006	2-bed	1,113 sqft	AED 870KAED 870,000 · May 2016May 2016	68,000 /yr
1007	2-bed	970 sqft	AED 730KAED 730,000 · Jan 2025January 2025	58,000 /yr
1009	1-bed	788 sqft	AED 420KAED 420,000 · Nov 2019November 2019
1010	1-bed	818 sqft	AED 764KAED 763,800 · May 2011May 2011	56,500 /yr
1011	1-bed	818 sqft	AED 470KAED 470,000 · Oct 2019October 2019
1012	1-bed	788 sqft	AED 440KAED 440,000 · May 2023May 2023	56,000 /yr
1013	2-bed	279 sqft	AED 919KAED 918,576 · Jun 2011June 2011	77,000 /yr
1014	2-bed	931 sqft	AED 1.03MAED 1,034,408 · Nov 2011November 2011	45,000 /yr

1–7 of 13

1008, Red Residence in numbers

Sold twice: first on 17 September 2013 for AED 1,574,240, last on 19 November 2019 for AED 635,000 (AED 568 per sqft).
Two-beds in Red Residence sold for AED 650,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 799 per sqft.

Source: Dubai Land Department. Updated 19 November 2019.

Questions about 1008, Red Residence

What did unit 1008 last sell for?

AED 635,000 on 19 November 2019: AED 568 per sqft for 1,117 sqft. The unit has 2 registered sales; the first was AED 1,574,240 in September 2013.

How big is unit 1008?

1,117 sqft (103.8 sqm): a two-bedroom apartment on the 10th floor of a 22-storey tower completed in 2014.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Red Residence sold for AED 650,000 to 950,000 in the last 12 months, around AED 854 per sqft.

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Mortgage on 1008, Red Residence

Starts from the last sale price (AED 635K, 19 November 2019). Switch to today's estimate once you have unlocked it.

Price: AED 635,000
Deposit, UAE resident (20%): AED 127,000
Deposit, non-resident (40%): AED 254,000
Monthly over 25 years at 3.7%: AED 2,598

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →