212, Red Residence
Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 212, Red Residence
What is 212 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 2nd of 22
- Parking
- B1-30
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 5,800 /yr
- Last sold
- AED 320K · March 2019
- Building
- Red Residence
About 212, Red Residence
212 is a studio of 408 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 27 March 2019 for AED 320,000, or AED 783 per sqft, in line with the AED 783 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 33,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 5,800 a year.
Sales and rents for 212 over time
212 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Red Residence, and where 212 sits
All 32 studios →212 last sold in March 2019 at AED 783 per sqft, in line with what studios in Red Residence were fetching at the time (AED 783). Over the last 12 months studios sold for AED 415,000 to 485,000, around AED 1,102 per sqft, and rent for AED 21,000 to 48,000 a year. 212's AED 33,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 408 sqft | 415,000 | 1,016 | ||
| 26 Nov 202526 November 2025 | 408 sqft | 485,000 | 1,188 | ||
| 23 Oct 202523 October 2025 | 408 sqft | 485,000 | 1,188 | ||
| 22 Sep 202522 September 2025 | 408 sqft | 425,000 | 1,041 |
Red Residence
Building330 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%
Other units on the 2nd floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 758 sqft | AED 600KAED 600,000 · May 2016May 2016 | ||
| 202 | 1-bed | 734 sqft | AED 330KAED 330,000 · Oct 2020October 2020 | 43,000 /yr | |
| 203 | Studio | 408 sqft | AED 375KAED 375,000 · May 2016May 2016 | ||
| 204 | 1-bed | 832 sqft | AED 650KAED 650,000 · Apr 2017April 2017 | 54,000 /yr | |
| 205 | 1-bed | 831 sqft | AED 650KAED 650,000 · Feb 2016February 2016 | 45,100 /yr | |
| 206 | Studio | 408 sqft | AED 320KAED 320,000 · Mar 2019March 2019 | ||
| 207 | 1-bed | 734 sqft | AED 410KAED 410,000 · Sep 2019September 2019 | 53,000 /yr | |
| 208 | 1-bed | 758 sqft | AED 370KAED 370,000 · Apr 2023April 2023 | 70,000 /yr | |
| 209 | 2-bed | 974 sqft | AED 822KAED 821,750 · Apr 2011April 2011 | 52,000 /yr | |
| 210 | 1-bed | 761 sqft | AED 590KAED 590,000 · Dec 2025December 2025 | 62,000 /yr | |
| 211 | 1-bed | 734 sqft | AED 788KAED 788,328 · Oct 2011October 2011 | 35,000 /yr | |
| 213 | 1-bed | 825 sqft | AED 525KAED 525,000 · Mar 2024March 2024 | 53,000 /yr | |
| 214 | 1-bed | 828 sqft | AED 615KAED 615,000 · Nov 2015November 2015 | ||
| 215 | Studio | 411 sqft | AED 375KAED 375,250 · Sep 2015September 2015 | 40,000 /yr | |
| 216 | 1-bed | 734 sqft | AED 340KAED 340,000 · Mar 2021March 2021 | 50,000 /yr | |
| 217 | 1-bed | 761 sqft | AED 670KAED 669,843 · Mar 2016March 2016 | 47,250 /yr | |
| 218 | 2-bed | 934 sqft | AED 840KAED 840,000 · Feb 2026February 2026 | 78,000 /yr |
212, Red Residence in numbers
- Sold 3 times: first on 29 September 2015 for AED 375,250, last on 27 March 2019 for AED 320,000 (AED 783 per sqft).
- Rented since June 2018 on 6 Ejari contracts, from AED 31,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2019 price is 10.3%, before a service charge of about AED 5,800 a year (AED 14.13 per sqft).
- Studios in Red Residence sold for AED 415,000–485,000 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 May 2026.
Questions about 212, Red Residence
What did unit 212 last sell for?
AED 320,000 on 27 March 2019: AED 783 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 375,250 in September 2015.
What is the rent for unit 212?
AED 33,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 30,800; the unit has been rented since June 2018.
How big is unit 212?
408 sqft (37.9 sqm): a studio on the 2nd floor of a 22-storey tower completed in 2014.
What is unit 212 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Red Residence sold for AED 415,000 to 485,000 in the last 12 months, around AED 1,102 per sqft.
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Mortgage on 212, Red Residence
Starts from the last sale price (AED 320K, 27 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 320,000
- Deposit, UAE resident (20%)
- AED 64,000
- Deposit, non-resident (40%)
- AED 128,000
- Monthly over 25 years at 3.7%
- AED 1,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →