1201, Red Residence
Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Red Residence
What is 1201 worth today?
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Source: Dubai Land Department. Updated 8 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,113 sqft
- Floor
- 12th of 22
- Parking
- B2-70
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 15,700 /yr
- Last sold
- AED 950K · January 2026
- Building
- Red Residence
About 1201, Red Residence
1201 is a two-bedroom apartment of 1,113 sqft on the 12th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 8 January 2026 for AED 950,000, or AED 853 per sqft, 13% above the AED 753 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 17 March 2023, is AED 60,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 15,700 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 1201 sits
All 96 2-beds →1201 last sold in January 2026 at AED 853 per sqft, 13% above what two-beds in Red Residence were fetching at the time (AED 753). 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. 1201's AED 60,000 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
- 8.8%
Other units on the 12th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 788 sqft | AED 764KAED 763,800 · Jun 2015June 2015 | 57,000 /yr | |
| 1203 | 1-bed | 824 sqft | AED 610KAED 610,000 · May 2025May 2025 | 54,000 /yr | |
| 1204 | 1-bed | 824 sqft | AED 620KAED 620,000 · Oct 2025October 2025 | 44,100 /yr | |
| 1205 | 1-bed | 788 sqft | AED 770KAED 769,500 · May 2017May 2017 | 63,000 /yr | |
| 1206 | 2-bed | 1,113 sqft | AED 640KAED 640,000 · Nov 2023November 2023 | 85,000 /yr | |
| 1207 | 2-bed | 970 sqft | AED 630KAED 630,000 · Jun 2024June 2024 | 76,000 /yr | |
| 1208 | 2-bed | 1,117 sqft | AED 400KAED 400,000 · May 2021May 2021 | 60,000 /yr | |
| 1209 | 1-bed | 788 sqft | AED 645KAED 645,000 · Mar 2025March 2025 | 58,000 /yr | |
| 1210 | 1-bed | 818 sqft | AED 764KAED 763,800 · May 2017May 2017 | 41,000 /yr | |
| 1211 | 1-bed | 818 sqft | AED 712KAED 712,000 · Mar 2017March 2017 | 58,000 /yr | |
| 1212 | 1-bed | 788 sqft | AED 550KAED 550,000 · May 2024May 2024 | 53,040 /yr | |
| 1213 | 2-bed | 1,117 sqft | AED 850KAED 850,000 · Feb 2025February 2025 | 38,000 /yr | |
| 1214 | 2-bed | 931 sqft | AED 714KAED 713,506 · May 2015May 2015 | 65,000 /yr |
1201, Red Residence in numbers
- Sold 3 times: first on 27 May 2012 for AED 1,002,372, last on 8 January 2026 for AED 950,000 (AED 853 per sqft).
- Rented since January 2020 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2020 and recovered to AED 60,000 by March 2023.
- At AED 60,000 a year the gross yield on the 2026 price is 6.3%, 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 8 January 2026.
Questions about 1201, Red Residence
What did unit 1201 last sell for?
AED 950,000 on 8 January 2026: AED 853 per sqft for 1,113 sqft. The unit has 3 registered sales; the first was AED 1,002,372 in May 2012.
What is the rent for unit 1201?
AED 60,000 a year on the contract signed on 17 March 2023. The previous contract, from January 2022, was AED 52,000; the unit has been rented since January 2020.
How big is unit 1201?
1,113 sqft (103.4 sqm): a two-bedroom apartment on the 12th floor of a 22-storey tower completed in 2014.
What is unit 1201 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 1201, Red Residence
Starts from the last sale price (AED 950K, 8 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →