1302, Red Residence
Sold prices and rental history: sold twice, last in March 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Red Residence
What is 1302 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 788 sqft
- Floor
- 13th of 22
- Parking
- B2-85
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 11,100 /yr
- Last sold
- AED 565K · March 2025
- Building
- Red Residence
About 1302, Red Residence
1302 is a one-bedroom apartment of 788 sqft on the 13th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 17 March 2025 for AED 565,000, or AED 716 per sqft, in line with the AED 721 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 April 2025, is AED 60,000 a year: a gross yield of 10.6% on the 2025 price, before the service charge of about AED 11,100 a year.
Sales and rents for 1302 over time
1302 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 1302 sits
All 202 1-beds →1302 last sold in March 2025 at AED 716 per sqft, in line with what one-beds in Red Residence were fetching at the time (AED 721). 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. 1302's AED 60,000 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 13th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,113 sqft | AED 900KAED 900,000 · May 2016May 2016 | 72,000 /yr | |
| 1303 | 1-bed | 824 sqft | AED 690KAED 690,000 · Mar 2026March 2026 | 38,000 /yr | |
| 1304 | 1-bed | 824 sqft | AED 600KAED 600,000 · Apr 2017April 2017 | 52,000 /yr | |
| 1305 | 1-bed | 788 sqft | AED 475KAED 475,000 · Nov 2023November 2023 | 55,000 /yr | |
| 1306 | 2-bed | 1,113 sqft | AED 1.18MAED 1,183,350 · Oct 2015October 2015 | 59,400 /yr | |
| 1307 | 2-bed | 883 sqft | AED 822KAED 821,750 · Jul 2015July 2015 | 41,000 /yr | |
| 1308 | 2-bed | 558 sqft | AED 870KAED 870,000 · Mar 2014March 2014 | 68,000 /yr | |
| 1309 | 1-bed | 788 sqft | AED 395KAED 395,000 · Mar 2022March 2022 | 46,000 /yr | |
| 1310 | 1-bed | 818 sqft | AED 610KAED 610,000 · Apr 2025April 2025 | 63,000 /yr | |
| 1311 | 1-bed | 818 sqft | AED 670KAED 670,000 · Feb 2026February 2026 | 61,500 /yr | |
| 1312 | 1-bed | 788 sqft | AED 630KAED 630,000 · May 2026May 2026 | 60,000 /yr | |
| 1313 | 2-bed | 1,117 sqft | AED 835KAED 835,000 · Sep 2025September 2025 | 45,000 /yr | |
| 1314 | 2-bed | 931 sqft | AED 1.1MAED 1,101,014 · May 2012May 2012 |
1302, Red Residence in numbers
- Sold twice: first on 15 July 2015 for AED 844,200, last on 17 March 2025 for AED 565,000 (AED 716 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 32,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 10.6%, before a service charge of about AED 11,100 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 2025.
Questions about 1302, Red Residence
What did unit 1302 last sell for?
AED 565,000 on 17 March 2025: AED 716 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 844,200 in July 2015.
What is the rent for unit 1302?
AED 60,000 a year on the contract signed on 1 April 2025. The previous contract, from August 2023, was AED 65,000; the unit has been rented since July 2020.
How big is unit 1302?
788 sqft (73.2 sqm): a one-bedroom apartment on the 13th floor of a 22-storey tower completed in 2014.
What is unit 1302 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 1302, Red Residence
Starts from the last sale price (AED 565K, 17 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 565,000
- Deposit, UAE resident (20%)
- AED 113,000
- Deposit, non-resident (40%)
- AED 226,000
- Monthly over 25 years at 3.7%
- AED 2,312
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →