1-bed · 788 sqftRed Residence, Dubai Sports City · 11th floor · completed 2014

1105, Red Residence

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 350K5 October 2020
Current rentAED 43K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Red Residence

What is 1105 worth today?

Last sold for AED 350,000 in 2020

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1 Apr 2024RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
1 Apr 2024RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
1 Jan 2021RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
5 Oct 2020SoldReady
AED 350,000AED 443 per sqft
1 Jul 2019RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
25 Jun 2015Sold by developerOff-plan
AED 850,500AED 1,078 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
11th of 22
Parking
B2-61
Developer
ME Development
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 350K · October 2020

About 1105, Red Residence

1105 is a one-bedroom apartment of 788 sqft on the 11th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 5 October 2020 for AED 350,000, or AED 443 per sqft, 6% below the AED 472 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 April 2024, is AED 43,000 a year: a gross yield of 12.3% on the 2020 price, before the service charge of about AED 11,100 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, each saleTypical one-bed in Red Residence
250K500K750K2010201520202025Typical sale price by year: 2010 AED 721,600; 2011 AED 782,387; 2012 AED 734,003; 2013 AED 847,026; 2014 AED 740,000; 2015 AED 740,050; 2016 AED 674,922; 2017 AED 690,000; 2019 AED 460,000; 2020 AED 350,000; 2021 AED 335,000; 2022 AED 395,000; 2023 AED 440,000; 2024 AED 550,000; 2025 AED 610,000; 2026 AED 620,000Sold by developer, June 2015: AED 850,500 (AED 1,078 per sqft)Sold, October 2020: AED 350,000 (AED 443 per sqft)

1105 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1105, each contractTypical one-bed in Red Residence
40K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 31,000; 2022 AED 35,000; 2023 AED 40,480; 2024 AED 48,000; 2025 AED 55,000; 2026 AED 55,000New contract, July 2019: AED 43,000 a yearNew contract, January 2021: AED 32,000 a yearNew contract, April 2024: AED 43,000 a yearNew contract, April 2024: AED 43,000 a year

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

1-beds in Red Residence, and where 1105 sits

All 202 1-beds →

1105 last sold in October 2020 at AED 443 per sqft, 6% below what one-beds in Red Residence were fetching at the time (AED 472). Over the last 12 months one-beds sold for AED 550,000 to 690,000, around AED 788 per sqft, and rent for AED 25,000 to 75,000 a year. 1105's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026550,000
23 Oct 2026630,000
25 Sep 2026580,000
22 Sep 2026590,000
17 1-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
8.8%
Red Residence, Dubai Sports City: prices, sales and rents →

Other units on the 11th floor

All 330 units in Red Residence
Value
11012-bedAED 1.18M · Oct 2015
11021-bedAED 764K · May 2011
11031-bedAED 612K · Sep 2015
11041-bedAED 764K · Jul 2011
11062-bedAED 1.18M · Oct 2015
11072-bedAED 822K · May 2011
11082-bedAED 825K · Jun 2025
1–7 of 13

1105, Red Residence in numbers

  • Sold twice: first on 25 June 2015 for AED 850,500, last on 5 October 2020 for AED 350,000 (AED 443 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 43,000 to AED 32,000 in 2021 and recovered to AED 43,000 by April 2024.
  • At AED 43,000 a year the gross yield on the 2020 price is 12.3%, before a service charge of about AED 11,100 a year (AED 14.13 per sqft).
  • One-beds in Red Residence sold for AED 550,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 799 per sqft.

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 1105, Red Residence

What did unit 1105 last sell for?

AED 350,000 on 5 October 2020: AED 443 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 850,500 in June 2015.

What is the rent for unit 1105?

AED 43,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2024, was AED 43,000; the unit has been rented since July 2019.

How big is unit 1105?

788 sqft (73.2 sqm): a one-bedroom apartment on the 11th floor of a 22-storey tower completed in 2014.

What is unit 1105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Red Residence sold for AED 550,000 to 690,000 in the last 12 months, around AED 788 per sqft.

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Mortgage on 1105, Red Residence

Starts from the last sale price (AED 350K, 5 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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