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1-bed · 800 sqftRed Residence, Dubai Sports City · 21st floor · completed 2014

2111, Red Residence

Sold prices and rental history: sold once, by the developer in June 2015, and rented once, from June 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2111 · DLD and Ejari recordsUpdated 13 June 2019
Last soldAED 545K29 June 2015
Current rentAED 45K /yr13 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2111, Red Residence

What is 2111 worth today?

Last sold for AED 545,015 in 2015

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13 Jun 2019RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
29 Jun 2015Sold by developerOff-plan
AED 545,015AED 681 per sqft

Source: Dubai Land Department. Updated 13 June 2019.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
21st of 22
Parking
G-81
Developer
ME Development
Completed
2014
Service charge
AED 11,300 /yr
Last sold
AED 545K · June 2015
Building
Red Residence

About 2111, Red Residence

2111 is a one-bedroom apartment of 800 sqft on the 21st floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. The developer sold it on 29 June 2015 for AED 545,015, or AED 681 per sqft, 26% below the AED 924 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 June 2019. The current contract, signed on 13 June 2019, is AED 45,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 11,300 a year.

Sales and rents for 2111 over time

Sales
Unit 2111, 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, June 2015: AED 545,015 (AED 681 per sqft)

2111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2111, 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, June 2019: AED 45,000 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 2111 sits

All 202 1-beds →

2111 last sold in June 2015 at AED 681 per sqft, 26% below what one-beds in Red Residence were fetching at the time (AED 924). 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. 2111's AED 45,000 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 21st floor

All 330 units in Red Residence
Value
21012-bedAED 1.07M · Sep 2012
21021-bedAED 615K · Aug 2025
21031-bedAED 630K · Aug 2025
21041-bedAED 659K · Jun 2015
21051-bedAED 620K · Aug 2025
21062-bedAED 690K · Nov 2023
21072-bedAED 748K · Jul 2011
1–7 of 13

2111, Red Residence in numbers

  • Sold once: by ME Development on 29 June 2015 for AED 545,015, or AED 681 per sqft.
  • Rented since June 2019 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 11,300 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 13 June 2019.

Questions about 2111, Red Residence

What did unit 2111 last sell for?

AED 545,015 on 29 June 2015, sold by the developer: AED 681 per sqft for 800 sqft. It is the only registered sale of the unit.

What is the rent for unit 2111?

AED 45,000 a year on the contract signed on 13 June 2019.

How big is unit 2111?

800 sqft (74.3 sqm): a one-bedroom apartment on the 21st floor of a 22-storey tower completed in 2014.

What is unit 2111 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 2111, Red Residence

Starts from the last sale price (AED 545K, 29 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 545,015
Deposit, UAE resident (20%)
AED 109,003
Deposit, non-resident (40%)
AED 218,006
Monthly over 25 years at 3.7%
AED 2,230

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