1106, Red Residence
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1106, Red Residence
What is 1106 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,113 sqft
- Floor
- 11th of 22
- Parking
- B2-62
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 15,700 /yr
- Last sold
- AED 1.18M · October 2015
- Building
- Red Residence
About 1106, Red Residence
1106 is a two-bedroom apartment of 1,113 sqft on the 11th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. The developer sold it on 27 October 2015 for AED 1,183,350, or AED 1,063 per sqft, 12% above the AED 948 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 63,394 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 15,700 a year.
Sales and rents for 1106 over time
1106 has sold once; the dashed line is the two-bed median of each year in the building.
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 1106 sits
All 96 2-beds →1106 last sold in October 2015 at AED 1,063 per sqft, 12% above what two-beds in Red Residence were fetching at the time (AED 948). 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. 1106's AED 63,394 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Red Residence
Building330 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%
Other units on the 11th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,113 sqft | AED 1.18MAED 1,183,350 · Oct 2015October 2015 | 80,000 /yr | |
| 1102 | 1-bed | 788 sqft | AED 764KAED 763,800 · May 2011May 2011 | 60,000 /yr | |
| 1103 | 1-bed | 824 sqft | AED 612KAED 611,679 · Sep 2015September 2015 | ||
| 1104 | 1-bed | 824 sqft | AED 764KAED 764,309 · Jul 2011July 2011 | ||
| 1105 | 1-bed | 788 sqft | AED 350KAED 350,000 · Oct 2020October 2020 | 43,000 /yr | |
| 1107 | 2-bed | 970 sqft | AED 822KAED 821,750 · May 2011May 2011 | 45,000 /yr | |
| 1108 | 2-bed | 1,117 sqft | AED 825KAED 825,000 · Jun 2025June 2025 | 51,750 /yr | |
| 1109 | 1-bed | 197 sqft | AED 644KAED 643,704 · Jul 2011July 2011 | 55,000 /yr | |
| 1110 | 1-bed | 818 sqft | AED 665KAED 665,000 · Sep 2026September 2026 | 55,000 /yr | |
| 1111 | 1-bed | 818 sqft | AED 405KAED 405,000 · Mar 2022March 2022 | 50,000 /yr | |
| 1112 | 1-bed | 788 sqft | AED 1.05MAED 1,052,133 · Oct 2020October 2020 | 60,000 /yr | |
| 1113 | 2-bed | 1,117 sqft | AED 830KAED 830,000 · Jul 2025July 2025 | 26,450 /yr | |
| 1114 | 2-bed | 931 sqft | AED 881KAED 880,851 · Oct 2011October 2011 | 68,000 /yr |
1106, Red Residence in numbers
- Sold once: by ME Development on 27 October 2015 for AED 1,183,350, or AED 1,063 per sqft.
- Rented since June 2019 on 9 Ejari contracts. The rent fell from AED 54,000 to AED 38,000 in 2021 and recovered to AED 63,394 by September 2026.
- At AED 63,394 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 15,700 a year (AED 14.13 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 15 September 2026.
Questions about 1106, Red Residence
What did unit 1106 last sell for?
AED 1,183,350 on 27 October 2015, sold by the developer: AED 1,063 per sqft for 1,113 sqft. It is the only registered sale of the unit.
What is the rent for unit 1106?
AED 63,394 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 60,375; the unit has been rented since June 2019.
How big is unit 1106?
1,113 sqft (103.4 sqm): a two-bedroom apartment on the 11th floor of a 22-storey tower completed in 2014.
What is unit 1106 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 1106, Red Residence
Starts from the last sale price (AED 1.18M, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,183,350
- Deposit, UAE resident (20%)
- AED 236,670
- Deposit, non-resident (40%)
- AED 473,340
- Monthly over 25 years at 3.7%
- AED 4,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →