1-bed · 788 sqftRed Residence, Dubai Sports City · 19th floor · completed 2014

1902, Red Residence

Sold prices and rental history: sold once, by the developer in August 2011, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 15 April 2021
Last soldAED 936K14 August 2011
Current rentAED 29K /yr15 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Red Residence

What is 1902 worth today?

Last sold for AED 936,111 in 2011

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15 Apr 2021RentedNew contract
AED 29,000/yr12 months · AED 37 per sqft
14 Aug 2011Sold by developerOff-plan
AED 936,111AED 1,187 per sqft

Source: Dubai Land Department. Updated 15 April 2021.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
19th of 22
Parking
G-44
Developer
ME Development
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 936K · August 2011

About 1902, Red Residence

1902 is a one-bedroom apartment of 788 sqft on the 19th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. The developer sold it on 14 August 2011 for AED 936,111, or AED 1,187 per sqft, 19% above the AED 997 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2021. The current contract, signed on 15 April 2021, is AED 29,000 a year: a gross yield of 3.1% on the 2011 price, before the service charge of about AED 11,100 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical one-bed in Red Residence
500K1M2010201520202025Typical 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, August 2011: AED 936,111 (AED 1,187 per sqft)

1902 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1902, 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 54,500New contract, April 2021: AED 29,000 a year

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 1902 sits

All 202 1-beds →

1902 last sold in August 2011 at AED 1,187 per sqft, 19% above what one-beds in Red Residence were fetching at the time (AED 997). 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. 1902's AED 29,000 is in the lower half of that range.

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
8.7%
Red Residence, Dubai Sports City: prices, sales and rents →

Other units on the 19th floor

All 330 units in Red Residence
Value
19012-bedAED 700K · Apr 2024
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

1902, Red Residence in numbers

  • Sold once: by ME Development on 14 August 2011 for AED 936,111, or AED 1,187 per sqft.
  • Rented since April 2021 on one Ejari contract, at AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2011 price is 3.1%, before a service charge of about AED 11,100 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 15 April 2021.

Questions about 1902, Red Residence

What did unit 1902 last sell for?

AED 936,111 on 14 August 2011, sold by the developer: AED 1,187 per sqft for 788 sqft. It is the only registered sale of the unit.

What is the rent for unit 1902?

AED 29,000 a year on the contract signed on 15 April 2021.

How big is unit 1902?

788 sqft (73.2 sqm): a one-bedroom apartment on the 19th floor of a 22-storey tower completed in 2014.

What is unit 1902 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 1902, Red Residence

Starts from the last sale price (AED 936K, 14 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 936,111
Deposit, UAE resident (20%)
AED 187,222
Deposit, non-resident (40%)
AED 374,444
Monthly over 25 years at 3.7%
AED 3,830

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