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

211, Red Residence

Sold prices and rental history: sold once, by the developer in October 2011, and rented once, from April 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 15 April 2020
Last soldAED 788K23 October 2011
Current rentAED 35K /yr15 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Red Residence

What is 211 worth today?

Last sold for AED 788,328 in 2011

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15 Apr 2020RentedNew contract
AED 35,000/yr12 months · AED 48 per sqft
23 Oct 2011Sold by developerOff-plan
AED 788,328AED 1,073 per sqft

Source: Dubai Land Department. Updated 15 April 2020.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
2nd of 22
Parking
B1-29
Developer
ME Development
Completed
2014
Service charge
AED 10,400 /yr
Last sold
AED 788K · October 2011

About 211, Red Residence

211 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. The developer sold it on 23 October 2011 for AED 788,328, or AED 1,073 per sqft, 8% above the AED 997 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2020. The current contract, signed on 15 April 2020, is AED 35,000 a year: a gross yield of 4.4% on the 2011 price, before the service charge of about AED 10,400 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, October 2011: AED 788,328 (AED 1,073 per sqft)

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

Rents
Unit 211, 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 55,000New contract, April 2020: AED 35,000 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 211 sits

All 202 1-beds →

211 last sold in October 2011 at AED 1,073 per sqft, 8% above what one-beds in Red Residence were fetching at the time (AED 997). 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. 211's AED 35,000 is in the lower 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

211, Red Residence in numbers

  • Sold once: by ME Development on 23 October 2011 for AED 788,328, or AED 1,073 per sqft.
  • Rented since April 2020 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2011 price is 4.4%, 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 15 April 2020.

Questions about 211, Red Residence

What did unit 211 last sell for?

AED 788,328 on 23 October 2011, sold by the developer: AED 1,073 per sqft for 734 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 35,000 a year on the contract signed on 15 April 2020.

How big is unit 211?

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

What is unit 211 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 211, Red Residence

Starts from the last sale price (AED 788K, 23 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 788,328
Deposit, UAE resident (20%)
AED 157,666
Deposit, non-resident (40%)
AED 315,331
Monthly over 25 years at 3.7%
AED 3,225

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