1-bed · 734 sqftRed Residence, Dubai Sports City · 2nd floor · completed 2014

207, Red Residence

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 410K3 September 2019
Current rentAED 53K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Red Residence

What is 207 worth today?

Last sold for AED 410,000 in 2019

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1 Sep 2025RentedNew contract
AED 53,000/yr12 months · AED 72 per sqft
1 Aug 2024RentedNew contract
AED 53,000/yr12 months · AED 72 per sqft
25 May 2024RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
5 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
1 Mar 2022RentedNew contract
AED 32,500/yr12 months · AED 44 per sqft
5 Nov 2021RentedNew contract
AED 32,000/yr12 months · AED 44 per sqft
10 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 48 per sqft
10 Oct 2019RentedNew contract
AED 42,500/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
2nd of 22
Parking
B1-25
Developer
ME Development
Completed
2014
Service charge
AED 10,400 /yr
Last sold
AED 410K · September 2019

About 207, Red Residence

207 is a one-bedroom apartment of 734 sqft on the 2nd floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 3 September 2019 for AED 410,000, or AED 558 per sqft, 9% below the AED 611 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 September 2025, is AED 53,000 a year: a gross yield of 12.9% on the 2019 price, before the service charge of about AED 10,400 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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 882,000 (AED 1,201 per sqft)Sold, September 2019: AED 410,000 (AED 558 per sqft)

207 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 207, each contractTypical one-bed in Red Residence
40K2018202120242027Typical 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 2019: AED 42,500 a yearNew contract, October 2020: AED 35,000 a yearNew contract, November 2021: AED 32,000 a yearNew contract, March 2022: AED 32,500 a yearNew contract, March 2024: AED 40,000 a yearNew contract, May 2024: AED 50,000 a yearNew contract, August 2024: AED 53,000 a yearNew contract, September 2025: AED 53,000 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 207 sits

All 202 1-beds →

207 last sold in September 2019 at AED 558 per sqft, 9% below what one-beds in Red Residence were fetching at the time (AED 611). 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. 207's AED 53,000 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 2nd floor

All 330 units in Red Residence
Value
2011-bedAED 600K · May 2016
2021-bedAED 330K · Oct 2020
203StudioAED 375K · May 2016
2041-bedAED 650K · Apr 2017
2051-bedAED 650K · Feb 2016
206StudioAED 320K · Mar 2019
2081-bedAED 370K · Apr 2023
1–7 of 17

207, Red Residence in numbers

  • Sold twice: first on 15 August 2013 for AED 882,000, last on 3 September 2019 for AED 410,000 (AED 558 per sqft).
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 42,500 to AED 32,000 in 2021 and recovered to AED 53,000 by September 2025.
  • At AED 53,000 a year the gross yield on the 2019 price is 12.9%, before a service charge of about AED 10,400 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 1 September 2025.

Questions about 207, Red Residence

What did unit 207 last sell for?

AED 410,000 on 3 September 2019: AED 558 per sqft for 734 sqft. The unit has 2 registered sales; the first was AED 882,000 in August 2013.

What is the rent for unit 207?

AED 53,000 a year on the contract signed on 1 September 2025. The previous contract, from August 2024, was AED 53,000; the unit has been rented since October 2019.

How big is unit 207?

734 sqft (68.2 sqm): a one-bedroom apartment on the 2nd floor of a 22-storey tower completed in 2014.

What is unit 207 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 207, Red Residence

Starts from the last sale price (AED 410K, 3 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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