1111, Red Residence
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1111, Red Residence
What is 1111 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 818 sqft
- Floor
- 11th of 22
- Parking
- B2-67
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 11,600 /yr
- Last sold
- AED 405K · March 2022
- Building
- Red Residence
About 1111, Red Residence
1111 is a one-bedroom apartment of 818 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 4 March 2022 for AED 405,000, or AED 495 per sqft, 11% above the AED 446 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 50,000 a year: a gross yield of 12.3% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1111 over time
1111 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1111 sits
All 202 1-beds →1111 last sold in March 2022 at AED 495 per sqft, 11% above what one-beds in Red Residence were fetching at the time (AED 446). 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. 1111's AED 50,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 758 sqft | 550,000 | 726 | ||
| 23 Oct 202623 October 2026 | 761 sqft | 630,000 | 827 | ||
| 25 Sep 202625 September 2026 | 788 sqft | 580,000 | 735 | ||
| 22 Sep 202622 September 2026 | 761 sqft | 590,000 | 774 |
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 | |
| 1106 | 2-bed | 1,113 sqft | AED 1.18MAED 1,183,350 · Oct 2015October 2015 | 63,394 /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 | |
| 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 |
1111, Red Residence in numbers
- Sold twice: first on 5 July 2011 for AED 1,071,360, last on 4 March 2022 for AED 405,000 (AED 495 per sqft).
- Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2022 and recovered to AED 50,000 by April 2026.
- At AED 50,000 a year the gross yield on the 2022 price is 12.3%, before a service charge of about AED 11,600 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 2026.
Questions about 1111, Red Residence
What did unit 1111 last sell for?
AED 405,000 on 4 March 2022: AED 495 per sqft for 818 sqft. The unit has 2 registered sales; the first was AED 1,071,360 in July 2011.
What is the rent for unit 1111?
AED 50,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 46,000; the unit has been rented since April 2018.
How big is unit 1111?
818 sqft (76.0 sqm): a one-bedroom apartment on the 11th floor of a 22-storey tower completed in 2014.
What is unit 1111 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 1111, Red Residence
Starts from the last sale price (AED 405K, 4 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 405,000
- Deposit, UAE resident (20%)
- AED 81,000
- Deposit, non-resident (40%)
- AED 162,000
- Monthly over 25 years at 3.7%
- AED 1,657
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →