1-bed · 758 sqftRed Residence, Dubai Sports City · 2nd floor · completed 2014

208, Red Residence

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 370K10 April 2023
Current rentAED 70K /yr5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Red Residence

What is 208 worth today?

Last sold for AED 370,000 in 2023

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5 Feb 2025RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
5 Feb 2025RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
25 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
10 Apr 2023SoldReady
AED 370,000AED 488 per sqft
14 Nov 2022SoldReady
AED 350,000AED 462 per sqft
1 Jun 2020RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
15 May 2019Sold by developerReady
AED 490,000AED 646 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
2nd of 22
Parking
B1-26
Developer
ME Development
Completed
2014
Service charge
AED 10,700 /yr
Last sold
AED 370K · April 2023

About 208, Red Residence

208 is a one-bedroom apartment of 758 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 10 April 2023 for AED 370,000, or AED 488 per sqft, in line with the AED 496 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 5 February 2025, is AED 70,000 a year: a gross yield of 18.9% on the 2023 price, before the service charge of about AED 10,700 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, May 2019: AED 490,000 (AED 646 per sqft)Sold, November 2022: AED 350,000 (AED 462 per sqft)Sold, April 2023: AED 370,000 (AED 488 per sqft)

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

Rents
Unit 208, 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 55,000New contract, June 2020: AED 38,000 a yearNew contract, January 2024: AED 70,000 a yearNew contract, February 2025: AED 70,000 a yearNew contract, February 2025: AED 70,000 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 208 sits

All 202 1-beds →

208 last sold in April 2023 at AED 488 per sqft, in line with what one-beds in Red Residence were fetching at the time (AED 496). 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. 208's AED 70,000 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
8.8%
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
2071-bedAED 410K · Sep 2019
1–7 of 17

208, Red Residence in numbers

  • Sold 3 times: first on 15 May 2019 for AED 490,000, last on 10 April 2023 for AED 370,000 (AED 488 per sqft).
  • Rented since June 2020 on 4 Ejari contracts, from AED 38,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 18.9%, before a service charge of about AED 10,700 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 5 February 2025.

Questions about 208, Red Residence

What did unit 208 last sell for?

AED 370,000 on 10 April 2023: AED 488 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 490,000 in May 2019.

What is the rent for unit 208?

AED 70,000 a year on the contract signed on 5 February 2025. The previous contract, from February 2025, was AED 70,000; the unit has been rented since June 2020.

How big is unit 208?

758 sqft (70.4 sqm): a one-bedroom apartment on the 2nd floor of a 22-storey tower completed in 2014.

What is unit 208 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 208, Red Residence

Starts from the last sale price (AED 370K, 10 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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