2008, Red Residence
Sold prices and rental history: sold 4 times, last in June 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2008, Red Residence
What is 2008 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,117 sqft
- Floor
- 20th of 22
- Parking
- G-64
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 15,800 /yr
- Last sold
- AED 880K · June 2025
- Building
- Red Residence
About 2008, Red Residence
2008 is a two-bedroom apartment of 1,117 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 June 2025 for AED 880,000, or AED 787 per sqft, 5% above the AED 752 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 16 September 2026, is AED 70,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 15,800 a year.
Sales and rents for 2008 over time
2008 has sold 4 times; 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 2008 sits
All 96 2-beds →2008 last sold in June 2025 at AED 787 per sqft, 5% above what two-beds in Red Residence were fetching at the time (AED 752). 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. 2008's AED 70,000 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 | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,113 sqft | AED 405KAED 405,000 · Dec 2020December 2020 | 75,000 /yr | |
| 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 | |
| 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 |
2008, Red Residence in numbers
- Sold 4 times: first on 6 July 2011 for AED 1,188,180, last on 16 June 2025 for AED 880,000 (AED 787 per sqft).
- Rented since September 2025 on 2 Ejari contracts, from AED 80,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 15,800 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 16 September 2026.
Questions about 2008, Red Residence
What did unit 2008 last sell for?
AED 880,000 on 16 June 2025: AED 787 per sqft for 1,117 sqft. The unit has 4 registered sales; the first was AED 1,188,180 in July 2011.
What is the rent for unit 2008?
AED 70,000 a year on the contract signed on 16 September 2026. The previous contract, from September 2025, was AED 80,000.
How big is unit 2008?
1,117 sqft (103.8 sqm): a two-bedroom apartment on the 20th floor of a 22-storey tower completed in 2014.
What is unit 2008 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.
Selling 2008? 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.
Mortgage on 2008, Red Residence
Starts from the last sale price (AED 880K, 16 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →