2-bed · 1,113 sqftRed Residence, Dubai Sports City · 19th floor · completed 2014

1901, Red Residence

Sold prices and rental history: sold twice, last in April 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 700K25 April 2024
Current rentAED 50K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Red Residence

What is 1901 worth today?

Last sold for AED 700,000 in 2024

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25 Apr 2024SoldReady
AED 700,000AED 628 per sqft
1 Jul 2021RentedRenewal
AED 50,400/yr12 months · AED 45 per sqft
1 Jul 2020RentedRenewal
AED 50,400/yr12 months · AED 45 per sqft
1 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft
4 Mar 2012Sold by developerOff-plan
AED 1,088,700AED 977 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
19th of 22
Parking
G-43
Developer
ME Development
Completed
2014
Service charge
AED 15,700 /yr
Last sold
AED 700K · April 2024

About 1901, Red Residence

1901 is a two-bedroom apartment of 1,113 sqft on the 19th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 25 April 2024 for AED 700,000, or AED 628 per sqft, 4% above the AED 601 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 50,400 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, each saleTypical two-bed in Red Residence
500K750K1M20112015201920232027Typical sale price by year: 2011 AED 1,016,333; 2012 AED 1,002,372; 2013 AED 625,025; 2014 AED 925,000; 2015 AED 1,049,625; 2016 AED 885,000; 2017 AED 900,000; 2019 AED 630,000; 2021 AED 537,500; 2023 AED 630,000; 2024 AED 685,000; 2025 AED 830,000; 2026 AED 820,000Sold by developer, March 2012: AED 1,088,700 (AED 977 per sqft)Sold, April 2024: AED 700,000 (AED 628 per sqft)

1901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1901, each contractTypical two-bed in Red Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 54,000; 2024 AED 64,000; 2025 AED 70,000; 2026 AED 73,500New contract, July 2019: AED 55,000 a yearRenewal, July 2020: AED 50,400 a yearRenewal, July 2021: AED 50,400 a year

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 1901 sits

All 96 2-beds →

1901 last sold in April 2024 at AED 628 per sqft, 4% above what two-beds in Red Residence were fetching at the time (AED 601). 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. 1901's AED 50,400 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 2026650,000
14 Apr 2026820,000
16 Feb 2026840,000
17 Jan 2026750,000
8 2-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
8.7%
Red Residence, Dubai Sports City: prices, sales and rents →

Other units on the 19th floor

All 330 units in Red Residence
Value
19021-bedAED 936K · Aug 2011
19031-bedAED 650K · Nov 2025
19041-bedAED 1.1M · Jun 2017
19051-bedAED 380K · Apr 2023
19062-bedAED 903K · Jan 2012
19072-bedAED 790K · Aug 2025
19082-bedAED 1.55M · Nov 2015
1–7 of 13

1901, Red Residence in numbers

  • Sold twice: first on 4 March 2012 for AED 1,088,700, last on 25 April 2024 for AED 700,000 (AED 628 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 55,000 to AED 50,400 a year.
  • At AED 50,400 a year the gross yield on the 2024 price is 7.2%, 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 April 2024.

Questions about 1901, Red Residence

What did unit 1901 last sell for?

AED 700,000 on 25 April 2024: AED 628 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 1,088,700 in March 2012.

What is the rent for unit 1901?

AED 50,400 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 50,400; the unit has been rented since July 2019.

How big is unit 1901?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the 19th floor of a 22-storey tower completed in 2014.

What is unit 1901 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 1901, Red Residence

Starts from the last sale price (AED 700K, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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