2-bed · 1,113 sqftRed Residence, Dubai Sports City · 20th floor · completed 2014

2006, Red Residence

Sold prices and rental history: sold once, by the developer in July 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 25 July 2011
Last soldAED 1.22M25 July 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, Red Residence

What is 2006 worth today?

Last sold for AED 1,216,880 in 2011

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25 Jul 2011Sold by developerOff-plan
AED 1,216,880AED 1,093 per sqft

Source: Dubai Land Department. Updated 25 July 2011.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
20th of 22
Parking
G-62
Developer
ME Development
Completed
2014
Service charge
AED 15,700 /yr
Last sold
AED 1.22M · July 2011

About 2006, Red Residence

2006 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. The developer sold it on 25 July 2011 for AED 1,216,880, or AED 1,093 per sqft, 23% above the AED 887 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2006 over time

Sales
Unit 2006, each saleTypical two-bed in Red Residence
500K1M20112015201920232027Typical 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, July 2011: AED 1,216,880 (AED 1,093 per sqft)

2006 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2006, 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 73,500

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 2006 sits

All 96 2-beds →

2006 last sold in July 2011 at AED 1,093 per sqft, 23% above what two-beds in Red Residence were fetching at the time (AED 887). 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.

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 20th floor

All 330 units in Red Residence
Value
20012-bedAED 405K · Dec 2020
20021-bedAED 640K · Oct 2025
20031-bedAED 685K · Jun 2016
20041-bedAED 595K · Oct 2024
20051-bedAED 570K · Dec 2024
20072-bedAED 748K · Mar 2012
20082-bedAED 880K · Jun 2025
1–7 of 13

2006, Red Residence in numbers

  • Sold once: by ME Development on 25 July 2011 for AED 1,216,880, or AED 1,093 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 July 2011.

Questions about 2006, Red Residence

What did unit 2006 last sell for?

AED 1,216,880 on 25 July 2011, sold by the developer: AED 1,093 per sqft for 1,113 sqft. It is the only registered sale of the unit.

How big is unit 2006?

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 2006 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 2006, Red Residence

Starts from the last sale price (AED 1.22M, 25 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,216,880
Deposit, UAE resident (20%)
AED 243,376
Deposit, non-resident (40%)
AED 486,752
Monthly over 25 years at 3.7%
AED 4,979

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