2014, Red Residence
Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2014, Red Residence
What is 2014 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 931 sqft
- Floor
- 20th of 22
- Parking
- G-70
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 13,200 /yr
- Last sold
- AED 781K · February 2012
- Building
- Red Residence
About 2014, Red Residence
2014 is a two-bedroom apartment of 931 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 27 February 2012 for AED 780,712, or AED 838 per sqft, 11% below the AED 945 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 65,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 13,200 a year.
Sales and rents for 2014 over time
2014 has sold once; 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 2014 sits
All 96 2-beds →2014 last sold in February 2012 at AED 838 per sqft, 11% below what two-beds in Red Residence were fetching at the time (AED 945). 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. 2014's AED 65,000 is in the lower 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 | |
| 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, Red Residence in numbers
- Sold once: by ME Development on 27 February 2012 for AED 780,712, or AED 838 per sqft.
- Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 44,000 in 2023 and recovered to AED 65,000 by June 2026.
- At AED 65,000 a year the gross yield on the 2012 price is 8.3%, before a service charge of about AED 13,200 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 June 2026.
Questions about 2014, Red Residence
What did unit 2014 last sell for?
AED 780,712 on 27 February 2012, sold by the developer: AED 838 per sqft for 931 sqft. It is the only registered sale of the unit.
What is the rent for unit 2014?
AED 65,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 58,000; the unit has been rented since March 2019.
How big is unit 2014?
931 sqft (86.5 sqm): a two-bedroom apartment on the 20th floor of a 22-storey tower completed in 2014.
What is unit 2014 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 2014, Red Residence
Starts from the last sale price (AED 781K, 27 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 780,712
- Deposit, UAE resident (20%)
- AED 156,142
- Deposit, non-resident (40%)
- AED 312,285
- Monthly over 25 years at 3.7%
- AED 3,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →