1-bed · 788 sqftRed Residence, Dubai Sports City · 18th floor · completed 2014

1812, Red Residence

Sold prices and rental history: sold twice, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1812 · DLD and Ejari recordsUpdated 8 June 2017
Last soldAED 730K8 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1812, Red Residence

What is 1812 worth today?

Last sold for AED 730,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jun 2017SoldOff-plan
AED 730,000AED 925 per sqft
21 Mar 2017Sold by developerOff-plan
AED 850,500AED 1,078 per sqft

Source: Dubai Land Department. Updated 8 June 2017.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
18th of 22
Parking
G-40
Developer
ME Development
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 730K · June 2017

About 1812, Red Residence

1812 is a one-bedroom apartment of 788 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 8 June 2017 for AED 730,000, or AED 925 per sqft, 5% above the AED 881 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1812 over time

Sales
Unit 1812, each saleTypical one-bed in Red Residence
250K500K750K2010201520202025Typical sale price by year: 2010 AED 721,600; 2011 AED 782,387; 2012 AED 734,003; 2013 AED 847,026; 2014 AED 740,000; 2015 AED 740,050; 2016 AED 674,922; 2017 AED 690,000; 2019 AED 460,000; 2020 AED 350,000; 2021 AED 335,000; 2022 AED 395,000; 2023 AED 440,000; 2024 AED 550,000; 2025 AED 610,000; 2026 AED 620,000Sold by developer, March 2017: AED 850,500 (AED 1,078 per sqft)Sold, June 2017: AED 730,000 (AED 925 per sqft)

1812 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1812, each contractTypical one-bed in Red Residence
40K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 31,000; 2022 AED 35,000; 2023 AED 40,480; 2024 AED 48,000; 2025 AED 55,000; 2026 AED 55,000

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 1812 sits

All 202 1-beds →

1812 last sold in June 2017 at AED 925 per sqft, 5% above what one-beds in Red Residence were fetching at the time (AED 881). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026550,000
23 Oct 2026630,000
25 Sep 2026580,000
22 Sep 2026590,000
17 1-bed sales in the last 12 months

Red Residence

Building

330 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%
Red Residence, Dubai Sports City: prices, sales and rents →

Other units on the 18th floor

All 330 units in Red Residence
Value
18012-bedAED 824K · Aug 2012
18021-bedAED 525K · Feb 2024
18031-bedAED 580K · Feb 2025
18041-bedAED 764K · Sep 2010
18051-bedAED 580K · Oct 2024
18062-bedAED 550K · Sep 2021
18072-bedAED 830K · Nov 2025
1–7 of 13

1812, Red Residence in numbers

  • Sold twice: first on 21 March 2017 for AED 850,500, last on 8 June 2017 for AED 730,000 (AED 925 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 8 June 2017.

Questions about 1812, Red Residence

What did unit 1812 last sell for?

AED 730,000 on 8 June 2017: AED 925 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 850,500 in March 2017.

How big is unit 1812?

788 sqft (73.2 sqm): a one-bedroom apartment on the 18th floor of a 22-storey tower completed in 2014.

What is unit 1812 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.

Selling 1812? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1812, Red Residence

Starts from the last sale price (AED 730K, 8 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →