1114, Red Residence
Sold prices and rental history: sold once, by the developer in October 2011, 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 1114, Red Residence
What is 1114 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 931 sqft
- Floor
- 11th of 22
- Parking
- B2-69
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 13,200 /yr
- Last sold
- AED 881K · October 2011
- Building
- Red Residence
About 1114, Red Residence
1114 is a two-bedroom apartment of 931 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 19 October 2011 for AED 880,851, or AED 945 per sqft, in line with the AED 947 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 October 2025, is AED 68,000 a year: a gross yield of 7.7% on the 2011 price, before the service charge of about AED 13,200 a year.
Sales and rents for 1114 over time
1114 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 1114 sits
All 96 2-beds →1114 last sold in October 2011 at AED 945 per sqft, in line with what two-beds in Red Residence were fetching at the time (AED 947). 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. 1114's AED 68,000 is in the upper 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 | |
| 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 | |
| 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, Red Residence in numbers
- Sold once: by ME Development on 19 October 2011 for AED 880,851, or AED 945 per sqft.
- Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 34,000 in 2021 and recovered to AED 68,000 by October 2025.
- At AED 68,000 a year the gross yield on the 2011 price is 7.7%, before a service charge of about AED 13,200 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 1 October 2025.
Questions about 1114, Red Residence
What did unit 1114 last sell for?
AED 880,851 on 19 October 2011, sold by the developer: AED 945 per sqft for 931 sqft. It is the only registered sale of the unit.
What is the rent for unit 1114?
AED 68,000 a year on the contract signed on 1 October 2025. The previous contract, from August 2024, was AED 65,000; the unit has been rented since February 2019.
How big is unit 1114?
931 sqft (86.5 sqm): a two-bedroom apartment on the 11th floor of a 22-storey tower completed in 2014.
What is unit 1114 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 1114, Red Residence
Starts from the last sale price (AED 881K, 19 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 880,851
- Deposit, UAE resident (20%)
- AED 176,170
- Deposit, non-resident (40%)
- AED 352,340
- Monthly over 25 years at 3.7%
- AED 3,604
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →