1207, Red Residence
Sold prices and rental history: sold 4 times, last in June 2024, 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 1207, Red Residence
What is 1207 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 970 sqft
- Floor
- 12th of 22
- Parking
- B1-124
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 13,700 /yr
- Last sold
- AED 630K · June 2024
- Building
- Red Residence
About 1207, Red Residence
1207 is a two-bedroom apartment of 970 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 6 June 2024 for AED 630,000, or AED 649 per sqft, 5% above the AED 619 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 1 November 2025, is AED 76,000 a year: a gross yield of 12.1% on the 2024 price, before the service charge of about AED 13,700 a year.
Sales and rents for 1207 over time
1207 has sold 4 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 1207 sits
All 96 2-beds →1207 last sold in June 2024 at AED 649 per sqft, 5% above what two-beds in Red Residence were fetching at the time (AED 619). 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. 1207's AED 76,000 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
- 8.8%
Other units on the 12th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,113 sqft | AED 950KAED 950,000 · Jan 2026January 2026 | 60,000 /yr | |
| 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 | |
| 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 |
1207, Red Residence in numbers
- Sold 4 times: first on 9 November 2011 for AED 1,082,027, last on 6 June 2024 for AED 630,000 (AED 649 per sqft).
- Rented since November 2020 on 4 Ejari contracts, from AED 40,000 to AED 76,000 a year.
- At AED 76,000 a year the gross yield on the 2024 price is 12.1%, before a service charge of about AED 13,700 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 1 November 2025.
Questions about 1207, Red Residence
What did unit 1207 last sell for?
AED 630,000 on 6 June 2024: AED 649 per sqft for 970 sqft. The unit has 4 registered sales; the first was AED 1,082,027 in November 2011.
What is the rent for unit 1207?
AED 76,000 a year on the contract signed on 1 November 2025. The previous contract, from November 2022, was AED 44,000; the unit has been rented since November 2020.
How big is unit 1207?
970 sqft (90.1 sqm): a two-bedroom apartment on the 12th floor of a 22-storey tower completed in 2014.
What is unit 1207 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 1207, Red Residence
Starts from the last sale price (AED 630K, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →