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2-bed · 934 sqftRed Residence, Dubai Sports City · 2nd floor · completed 2014

218, Red Residence

Sold prices and rental history: sold 3 times, last in February 2026, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 840K16 February 2026
Current rentAED 78K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Red Residence

What is 218 worth today?

Last sold for AED 840,000 in 2026

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10 Mar 2026RentedNew contract
AED 78,000/yr12 months · AED 83 per sqft
16 Feb 2026SoldReady
AED 840,000AED 899 per sqft
30 Apr 2025SoldReady
AED 690,000AED 738 per sqft
3 Oct 2012Sold by developerOff-plan
AED 1,074,744AED 1,150 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
2nd of 22
Parking
B1-36
Developer
ME Development
Completed
2014
Service charge
AED 13,200 /yr
Last sold
AED 840K · February 2026
Building
Red Residence

About 218, Red Residence

218 is a two-bedroom apartment of 934 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 16 February 2026 for AED 840,000, or AED 899 per sqft, 18% above the AED 760 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2026. The current contract, signed on 10 March 2026, is AED 78,000 a year: a gross yield of 9.3% on the 2026 price, before the service charge of about AED 13,200 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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, October 2012: AED 1,074,744 (AED 1,150 per sqft)Sold, April 2025: AED 690,000 (AED 738 per sqft)Sold, February 2026: AED 840,000 (AED 899 per sqft)

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

Rents
Unit 218, 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, March 2026: AED 78,000 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 218 sits

All 96 2-beds →

218 last sold in February 2026 at AED 899 per sqft, 18% above what two-beds in Red Residence were fetching at the time (AED 760). 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. 218's AED 78,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 2026650,000
14 Apr 2026820,000
17 Jan 2026750,000
8 Jan 2026950,000
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 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

218, Red Residence in numbers

  • Sold 3 times: first on 3 October 2012 for AED 1,074,744, last on 16 February 2026 for AED 840,000 (AED 899 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2026 price is 9.3%, 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 10 March 2026.

Questions about 218, Red Residence

What did unit 218 last sell for?

AED 840,000 on 16 February 2026: AED 899 per sqft for 934 sqft. The unit has 3 registered sales; the first was AED 1,074,744 in October 2012.

What is the rent for unit 218?

AED 78,000 a year on the contract signed on 10 March 2026.

How big is unit 218?

934 sqft (86.8 sqm): a two-bedroom apartment on the 2nd floor of a 22-storey tower completed in 2014.

What is unit 218 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 218, Red Residence

Starts from the last sale price (AED 840K, 16 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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