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2-bed · 931 sqftRed Residence, Dubai Sports City · 21st floor · completed 2014

2114, Red Residence

Sold prices and rental history: sold twice, last in April 2019, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2114 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 540K29 April 2019
Current rentAED 35K /yr29 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2114, Red Residence

What is 2114 worth today?

Last sold for AED 540,000 in 2019

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29 Nov 2023RentedNew contract
AED 35,000/yr12 months · AED 38 per sqft
29 Apr 2019SoldReady
AED 540,000AED 579 per sqft
21 Apr 2016Sold by developerOff-plan
AED 1,016,907AED 1,145 per sqft

Source: Dubai Land Department. Updated 29 November 2023.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
21st of 22
Parking
G-82
Developer
ME Development
Completed
2014
Service charge
AED 13,200 /yr
Last sold
AED 540K · April 2019
Building
Red Residence

About 2114, Red Residence

2114 is a two-bedroom apartment of 931 sqft on the 21st floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 29 April 2019 for AED 540,000, or AED 579 per sqft, in line with the AED 583 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 November 2023. The current contract, signed on 29 November 2023, is AED 35,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 13,200 a year.

Sales and rents for 2114 over time

Sales
Unit 2114, each saleTypical two-bed in Red Residence
500K750K1M20112015201920232027Typical sale price by year: 2011 AED 1,016,333; 2012 AED 1,002,372; 2013 AED 625,025; 2014 AED 925,000; 2015 AED 1,049,625; 2016 AED 885,000; 2017 AED 900,000; 2019 AED 630,000; 2021 AED 537,500; 2023 AED 630,000; 2024 AED 685,000; 2025 AED 830,000; 2026 AED 820,000Sold by developer, April 2016: AED 1,016,907 (AED 1,145 per sqft)Sold, April 2019: AED 540,000 (AED 579 per sqft)

2114 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2114, each contractTypical two-bed in Red Residence
40K60K80K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 54,000; 2024 AED 64,000; 2025 AED 70,000; 2026 AED 73,500New contract, November 2023: AED 35,000 a year

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 2114 sits

All 96 2-beds →

2114 last sold in April 2019 at AED 579 per sqft, in line with what two-beds in Red Residence were fetching at the time (AED 583). 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. 2114's AED 35,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 2026650,000
14 Apr 2026820,000
16 Feb 2026840,000
17 Jan 2026750,000
8 2-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 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

2114, Red Residence in numbers

  • Sold twice: first on 21 April 2016 for AED 1,016,907, last on 29 April 2019 for AED 540,000 (AED 579 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 6.5%, 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 29 November 2023.

Questions about 2114, Red Residence

What did unit 2114 last sell for?

AED 540,000 on 29 April 2019: AED 579 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 1,016,907 in April 2016.

What is the rent for unit 2114?

AED 35,000 a year on the contract signed on 29 November 2023.

How big is unit 2114?

931 sqft (86.5 sqm): a two-bedroom apartment on the 21st floor of a 22-storey tower completed in 2014.

What is unit 2114 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 2114, Red Residence

Starts from the last sale price (AED 540K, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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