1403, Red Residence
Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, Red Residence
What is 1403 worth today?
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Source: Dubai Land Department. Updated 20 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 824 sqft
- Floor
- 14th of 22
- Parking
- B2-100
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 11,600 /yr
- Last sold
- AED 368K · January 2022
- Building
- Red Residence
About 1403, Red Residence
1403 is a one-bedroom apartment of 824 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 10 January 2022 for AED 368,216, or AED 446 per sqft, in line with the AED 444 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 20 April 2026, is AED 60,000 a year: a gross yield of 16.3% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1403 over time
1403 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 1403 sits
All 202 1-beds →1403 last sold in January 2022 at AED 446 per sqft, in line with what one-beds in Red Residence were fetching at the time (AED 444). 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. 1403'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
- 8.8%
Other units on the 14th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,113 sqft | AED 630KAED 630,000 · Oct 2023October 2023 | 82,000 /yr | |
| 1402 | 1-bed | 788 sqft | AED 684KAED 684,026 · Mar 2016March 2016 | 48,000 /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 |
1403, Red Residence in numbers
- Sold twice: first on 22 May 2016 for AED 1,014,051, last on 10 January 2022 for AED 368,216 (AED 446 per sqft).
- Rented since March 2022 on 7 Ejari contracts, from AED 32,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 16.3%, before a service charge of about AED 11,600 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 20 April 2026.
Questions about 1403, Red Residence
What did unit 1403 last sell for?
AED 368,216 on 10 January 2022: AED 446 per sqft for 824 sqft. The unit has 2 registered sales; the first was AED 1,014,051 in May 2016.
What is the rent for unit 1403?
AED 60,000 a year on the contract signed on 20 April 2026. The previous contract, from February 2026, was AED 48,000; the unit has been rented since March 2022.
How big is unit 1403?
824 sqft (76.6 sqm): a one-bedroom apartment on the 14th floor of a 22-storey tower completed in 2014.
What is unit 1403 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 1403, Red Residence
Starts from the last sale price (AED 368K, 10 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 368,216
- Deposit, UAE resident (20%)
- AED 73,643
- Deposit, non-resident (40%)
- AED 147,286
- Monthly over 25 years at 3.7%
- AED 1,506
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →