1808, Red Residence
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1808, Red Residence
What is 1808 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,117 sqft
- Floor
- 18th of 22
- Parking
- G-36
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 15,800 /yr
- Last sold
- AED 710K · November 2023
- Building
- Red Residence
About 1808, Red Residence
1808 is a two-bedroom apartment of 1,117 sqft on the 18th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 20 November 2023 for AED 710,000, or AED 635 per sqft, 12% above the AED 565 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 July 2022, is AED 48,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1808 over time
1808 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 1808 sits
All 96 2-beds →1808 last sold in November 2023 at AED 635 per sqft, 12% above 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. 1808's AED 48,000 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
- 8.7%
Other units on the 18th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,113 sqft | AED 824KAED 824,010 · Aug 2012August 2012 | ||
| 1802 | 1-bed | 788 sqft | AED 525KAED 525,000 · Feb 2024February 2024 | 52,000 /yr | |
| 1803 | 1-bed | 824 sqft | AED 580KAED 580,000 · Feb 2025February 2025 | 65,000 /yr | |
| 1804 | 1-bed | 824 sqft | AED 764KAED 763,800 · Sep 2010September 2010 | ||
| 1805 | 1-bed | 788 sqft | AED 580KAED 580,000 · Oct 2024October 2024 | 25,000 /yr | |
| 1806 | 2-bed | 1,113 sqft | AED 550KAED 550,000 · Sep 2021September 2021 | 80,000 /yr | |
| 1807 | 2-bed | 970 sqft | AED 830KAED 830,000 · Nov 2025November 2025 | 80,000 /yr | |
| 1809 | 1-bed | 788 sqft | AED 650KAED 650,000 · Sep 2025September 2025 | 53,000 /yr | |
| 1810 | 1-bed | 818 sqft | AED 505KAED 505,000 · Nov 2023November 2023 | 58,000 /yr | |
| 1811 | 1-bed | 818 sqft | AED 818KAED 817,523 · Jun 2015June 2015 | 36,000 /yr | |
| 1812 | 1-bed | 788 sqft | AED 730KAED 730,000 · Jun 2017June 2017 | ||
| 1813 | 2-bed | 1,117 sqft | AED 1.06MAED 1,059,250 · Oct 2015October 2015 | 60,000 /yr | |
| 1814 | 2-bed | 931 sqft | AED 822KAED 821,750 · Oct 2011October 2011 | 40,000 /yr |
1808, Red Residence in numbers
- Sold 3 times: first on 27 October 2011 for AED 1,262,752, last on 20 November 2023 for AED 710,000 (AED 635 per sqft).
- Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 54,000 to AED 42,000 in 2021 and recovered to AED 48,000 by July 2022.
- At AED 48,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 15,800 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 20 November 2023.
Questions about 1808, Red Residence
What did unit 1808 last sell for?
AED 710,000 on 20 November 2023: AED 635 per sqft for 1,117 sqft. The unit has 3 registered sales; the first was AED 1,262,752 in October 2011.
What is the rent for unit 1808?
AED 48,000 a year on the contract signed on 15 July 2022. The previous contract, from October 2021, was AED 42,000; the unit has been rented since May 2019.
How big is unit 1808?
1,117 sqft (103.8 sqm): a two-bedroom apartment on the 18th floor of a 22-storey tower completed in 2014.
What is unit 1808 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 1808, Red Residence
Starts from the last sale price (AED 710K, 20 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →