1-bed · 788 sqftRed Residence, Dubai Sports City · 20th floor · completed 2014

2009, Red Residence

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2009 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 650K25 February 2025
Current rentAED 60K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2009, Red Residence

What is 2009 worth today?

Last sold for AED 650,000 in 2025

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25 Mar 2026RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
25 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
25 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
25 Feb 2025SoldReady
AED 650,000AED 824 per sqft
27 Oct 2023RentedRenewal
AED 41,000/yr12 months · AED 52 per sqft
27 Oct 2022RentedRenewal
AED 38,500/yr12 months · AED 49 per sqft
27 Oct 2021RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
25 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
20th of 22
Parking
G-65
Developer
ME Development
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 650K · February 2025

About 2009, Red Residence

2009 is a one-bedroom apartment of 788 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 25 February 2025 for AED 650,000, or AED 824 per sqft, 16% above the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 25 March 2026, is AED 60,000 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 11,100 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, each saleTypical one-bed in Red Residence
250K500K750K2010201520202025Typical 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 2013: AED 663,820 (AED 842 per sqft)Sold, June 2016: AED 695,000 (AED 896 per sqft)Sold, February 2025: AED 650,000 (AED 824 per sqft)

2009 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2009, each contractTypical one-bed in Red Residence
40K60K2018202120242027Typical 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, October 2020: AED 35,000 a yearRenewal, October 2021: AED 35,000 a yearRenewal, October 2022: AED 38,500 a yearRenewal, October 2023: AED 41,000 a yearNew contract, March 2025: AED 60,000 a yearNew contract, March 2025: AED 60,000 a yearNew contract, March 2026: AED 60,000 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 2009 sits

All 202 1-beds →

2009 last sold in February 2025 at AED 824 per sqft, 16% above what one-beds in Red Residence were fetching at the time (AED 709). 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. 2009's AED 60,000 is in the upper 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 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
20062-bedAED 1.22M · Jul 2011
20072-bedAED 748K · Mar 2012
1–7 of 13

2009, Red Residence in numbers

  • Sold 3 times: first on 26 August 2013 for AED 663,820, last on 25 February 2025 for AED 650,000 (AED 824 per sqft).
  • Rented since October 2020 on 7 Ejari contracts, from AED 35,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 9.2%, 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 25 March 2026.

Questions about 2009, Red Residence

What did unit 2009 last sell for?

AED 650,000 on 25 February 2025: AED 824 per sqft for 788 sqft. The unit has 3 registered sales; the first was AED 663,820 in August 2013.

What is the rent for unit 2009?

AED 60,000 a year on the contract signed on 25 March 2026. The previous contract, from March 2025, was AED 60,000; the unit has been rented since October 2020.

How big is unit 2009?

788 sqft (73.2 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2014.

What is unit 2009 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 2009, Red Residence

Starts from the last sale price (AED 650K, 25 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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