Studio · 408 sqftRed Residence, Dubai Sports City · 3rd floor · completed 2014

303, Red Residence

Sold prices and rental history: sold twice, last in October 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 10 October 2011
Last soldAED 389K10 October 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Red Residence

What is 303 worth today?

Last sold for AED 389,314 in 2011

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10 Oct 2011SoldOff-plan
AED 389,314AED 954 per sqft
16 May 2011Sold by developerOff-plan
AED 375,250AED 920 per sqft

Source: Dubai Land Department. Updated 10 October 2011.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
3rd of 22
Parking
B1-39
Developer
ME Development
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 389K · October 2011

About 303, Red Residence

303 is a studio of 408 sqft on the 3rd floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 10 October 2011 for AED 389,314, or AED 954 per sqft, in line with the AED 934 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in Red Residence
200K400K2011201520192023Typical sale price by year: 2011 AED 385,318; 2014 AED 412,372; 2015 AED 375,250; 2016 AED 375,000; 2018 AED 332,500; 2019 AED 320,000; 2020 AED 233,573; 2021 AED 250,000; 2022 AED 222,500; 2024 AED 367,500; 2025 AED 485,000Sold by developer, May 2011: AED 375,250 (AED 920 per sqft)Sold, October 2011: AED 389,314 (AED 954 per sqft)

303 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 303, each contractTypical studio in Red Residence
20K30K40K2018202120242027Typical rent by year: 2018 AED 30,500; 2019 AED 28,000; 2020 AED 22,250; 2021 AED 18,000; 2022 AED 22,000; 2023 AED 27,000; 2024 AED 31,900; 2025 AED 34,078; 2026 AED 37,449

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 303 sits

All 32 studios →

303 last sold in October 2011 at AED 954 per sqft, in line with what studios in Red Residence were fetching at the time (AED 934). 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.

Recent studio salesUnit no.Price (AED)Summary
24 Sep 2026415,000
26 Nov 2025485,000
23 Oct 2025485,000
22 Sep 2025425,000
2 studio 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 3rd floor

All 330 units in Red Residence
Value
3011-bedAED 585K · Dec 2025
3021-bedAED 370K · Mar 2023
3041-bedAED 613K · Sep 2015
306StudioAED 360K · Dec 2024
3071-bedAED 625K · Oct 2025
3081-bedAED 335K · Jan 2021
3092-bedAED 710K · Jul 2025
1–7 of 16

303, Red Residence in numbers

  • Sold twice: first on 16 May 2011 for AED 375,250, last on 10 October 2011 for AED 389,314 (AED 954 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 10 October 2011.

Questions about 303, Red Residence

What did unit 303 last sell for?

AED 389,314 on 10 October 2011: AED 954 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 375,250 in May 2011.

How big is unit 303?

408 sqft (37.9 sqm): a studio on the 3rd floor of a 22-storey tower completed in 2014.

What is unit 303 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 303, Red Residence

Starts from the last sale price (AED 389K, 10 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 389,314
Deposit, UAE resident (20%)
AED 77,863
Deposit, non-resident (40%)
AED 155,726
Monthly over 25 years at 3.7%
AED 1,593

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