1401, Red Residence
Sold prices and rental history: sold twice, last in October 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Red Residence
What is 1401 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,113 sqft
- Floor
- 14th of 22
- Parking
- B2-98
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 15,700 /yr
- Last sold
- AED 630K · October 2023
- Building
- Red Residence
About 1401, Red Residence
1401 is a two-bedroom apartment of 1,113 sqft on the 14th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 18 October 2023 for AED 630,000, or AED 565 per sqft, in line with the AED 565 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 25 January 2026, is AED 82,000 a year: a gross yield of 13.0% on the 2023 price, before the service charge of about AED 15,700 a year.
Sales and rents for 1401 over time
1401 has sold twice; 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 1401 sits
All 96 2-beds →1401 last sold in October 2023 at AED 565 per sqft, in line with what two-beds in Red Residence were fetching at the time (AED 565). 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. 1401's AED 82,000 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 14th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 1-bed | 788 sqft | AED 684KAED 684,026 · Mar 2016March 2016 | 48,000 /yr | |
| 1403 | 1-bed | 824 sqft | AED 368KAED 368,216 · Jan 2022January 2022 | 60,000 /yr | |
| 1404 | 1-bed | 824 sqft | AED 420KAED 420,000 · Sep 2019September 2019 | ||
| 1405 | 1-bed | 788 sqft | AED 330KAED 330,000 · Sep 2020September 2020 | 60,000 /yr | |
| 1406 | 2-bed | 1,113 sqft | AED 919KAED 918,576 · Jul 2011July 2011 | 70,000 /yr | |
| 1407 | 2-bed | 970 sqft | AED 955KAED 955,328 · Sep 2011September 2011 | 53,000 /yr | |
| 1408 | 2-bed | 1,117 sqft | AED 890KAED 889,871 · May 2011May 2011 | 90,000 /yr | |
| 1409 | 1-bed | 788 sqft | AED 684KAED 683,936 · Sep 2011September 2011 | ||
| 1410 | 1-bed | 818 sqft | AED 540KAED 540,000 · Jan 2024January 2024 | ||
| 1411 | 1-bed | 818 sqft | AED 500KAED 500,000 · Jun 2023June 2023 | ||
| 1412 | 1-bed | 788 sqft | AED 764KAED 763,800 · Jun 2010June 2010 | ||
| 1413 | 2-bed | 1,117 sqft | AED 725KAED 725,000 · Oct 2019October 2019 | ||
| 1414 | 2-bed | 931 sqft | AED 560KAED 560,000 · Jun 2023June 2023 | 63,273 /yr |
1401, Red Residence in numbers
- Sold twice: first on 19 April 2016 for AED 1,170,750, last on 18 October 2023 for AED 630,000 (AED 565 per sqft).
- Rented since July 2018 on 3 Ejari contracts. The rent fell from AED 60,000 to AED 47,000 in 2022 and recovered to AED 82,000 by January 2026.
- At AED 82,000 a year the gross yield on the 2023 price is 13.0%, 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 25 January 2026.
Questions about 1401, Red Residence
What did unit 1401 last sell for?
AED 630,000 on 18 October 2023: AED 565 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 1,170,750 in April 2016.
What is the rent for unit 1401?
AED 82,000 a year on the contract signed on 25 January 2026. The previous contract, from September 2022, was AED 47,000; the unit has been rented since July 2018.
How big is unit 1401?
1,113 sqft (103.4 sqm): a two-bedroom apartment on the 14th floor of a 22-storey tower completed in 2014.
What is unit 1401 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 1401, Red Residence
Starts from the last sale price (AED 630K, 18 October 2023). 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 →