2001, Red Residence
Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2001, Red Residence
What is 2001 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,113 sqft
- Floor
- 20th of 22
- Parking
- G-57
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 15,700 /yr
- Last sold
- AED 405K · December 2020
- Building
- Red Residence
About 2001, Red Residence
2001 is a two-bedroom apartment of 1,113 sqft on the 20th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 16 December 2020 for AED 405,000, or AED 363 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 February 2026, is AED 75,000 a year: a gross yield of 18.5% on the 2020 price, before the service charge of about AED 15,700 a year.
Sales and rents for 2001 over time
2001 has sold twice; 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 2001 sits
All 96 2-beds →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. 2001's AED 75,000 is in the upper 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 20th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2002 | 1-bed | 788 sqft | AED 640KAED 640,000 · Oct 2025October 2025 | 65,000 /yr | |
| 2003 | 1-bed | 805 sqft | AED 685KAED 685,000 · Jun 2016June 2016 | 51,000 /yr | |
| 2004 | 1-bed | 824 sqft | AED 595KAED 595,000 · Oct 2024October 2024 | 37,131 /yr | |
| 2005 | 1-bed | 788 sqft | AED 570KAED 570,000 · Dec 2024December 2024 | 54,000 /yr | |
| 2006 | 2-bed | 1,113 sqft | AED 1.22MAED 1,216,880 · Jul 2011July 2011 | ||
| 2007 | 2-bed | 970 sqft | AED 748KAED 747,640 · Mar 2012March 2012 | 79,800 /yr | |
| 2008 | 2-bed | 1,117 sqft | AED 880KAED 880,000 · Jun 2025June 2025 | 70,000 /yr | |
| 2009 | 1-bed | 788 sqft | AED 650KAED 650,000 · Feb 2025February 2025 | 60,000 /yr | |
| 2010 | 1-bed | 818 sqft | AED 400KAED 400,000 · Oct 2023October 2023 | 49,000 /yr | |
| 2011 | 1-bed | 818 sqft | AED 668KAED 668,248 · Sep 2012September 2012 | 28,500 /yr | |
| 2012 | 1-bed | 788 sqft | AED 664KAED 663,820 · Aug 2013August 2013 | 38,950 /yr | |
| 2013 | 2-bed | 1,117 sqft | AED 830KAED 830,000 · Aug 2025August 2025 | 75,000 /yr | |
| 2014 | 2-bed | 931 sqft | AED 781KAED 780,712 · Feb 2012February 2012 | 65,000 /yr |
2001, Red Residence in numbers
- Sold twice: first on 3 November 2015 for AED 1,216,880, last on 16 December 2020 for AED 405,000 (AED 363 per sqft).
- Rented since February 2021 on 4 Ejari contracts, from AED 40,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2020 price is 18.5%, 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 1 February 2026.
Questions about 2001, Red Residence
What did unit 2001 last sell for?
AED 405,000 on 16 December 2020: AED 363 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 1,216,880 in November 2015.
What is the rent for unit 2001?
AED 75,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2023, was AED 52,000; the unit has been rented since February 2021.
How big is unit 2001?
1,113 sqft (103.4 sqm): a two-bedroom apartment on the 20th floor of a 22-storey tower completed in 2014.
What is unit 2001 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 2001, Red Residence
Starts from the last sale price (AED 405K, 16 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 405,000
- Deposit, UAE resident (20%)
- AED 81,000
- Deposit, non-resident (40%)
- AED 162,000
- Monthly over 25 years at 3.7%
- AED 1,657
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →