309, Red Residence
Sold prices and rental history: sold twice, last in July 2025, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Red Residence
What is 309 worth today?
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Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 974 sqft
- Floor
- 3rd of 22
- Parking
- B1-45
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 13,800 /yr
- Last sold
- AED 710K · July 2025
- Building
- Red Residence
About 309, Red Residence
309 is a two-bedroom apartment of 974 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 16 July 2025 for AED 710,000, or AED 728 per sqft, in line with the AED 741 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 December 2025. The current contract, signed on 5 December 2025, is AED 81,000 a year: a gross yield of 11.4% on the 2025 price, before the service charge of about AED 13,800 a year.
Sales and rents for 309 over time
309 has sold twice; the dashed line is the two-bed median of each year in the building.
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 309 sits
All 96 2-beds →309 last sold in July 2025 at AED 728 per sqft, in line with what two-beds in Red Residence were fetching at the time (AED 741). 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. 309's AED 81,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 931 sqft | 650,000 | 697 | ||
| 14 Apr 202614 April 2026 | 931 sqft | 820,000 | 880 | ||
| 16 Feb 202616 February 2026 | 934 sqft | 840,000 | 899 | ||
| 17 Jan 202617 January 2026 | 934 sqft | 750,000 | 802 |
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 3rd floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 758 sqft | AED 585KAED 585,000 · Dec 2025December 2025 | 24,000 /yr | |
| 302 | 1-bed | 734 sqft | AED 370KAED 370,000 · Mar 2023March 2023 | 48,510 /yr | |
| 303 | Studio | 408 sqft | AED 389KAED 389,314 · Oct 2011October 2011 | ||
| 304 | 1-bed | 809 sqft | AED 613KAED 612,500 · Sep 2015September 2015 | 36,800 /yr | |
| 306 | Studio | 215 sqft | AED 360KAED 360,000 · Dec 2024December 2024 | 39,000 /yr | |
| 307 | 1-bed | 734 sqft | AED 625KAED 625,000 · Oct 2025October 2025 | 62,000 /yr | |
| 308 | 1-bed | 758 sqft | AED 335KAED 335,000 · Jan 2021January 2021 | 50,000 /yr | |
| 310 | 1-bed | 761 sqft | AED 650KAED 650,000 · May 2016May 2016 | 54,000 /yr | |
| 311 | 1-bed | 734 sqft | AED 674KAED 673,983 · Jul 2011July 2011 | 37,500 /yr | |
| 312 | Studio | 408 sqft | AED 485KAED 485,000 · Oct 2025October 2025 | 40,000 /yr | |
| 313 | 1-bed | 825 sqft | AED 515KAED 515,000 · Nov 2023November 2023 | 67,500 /yr | |
| 314 | 1-bed | 828 sqft | AED 505KAED 505,000 · Nov 2023November 2023 | 52,000 /yr | |
| 315 | Studio | 411 sqft | AED 375KAED 375,250 · Oct 2015October 2015 | 31,500 /yr | |
| 316 | 1-bed | 734 sqft | AED 800KAED 800,100 · May 2011May 2011 | 48,000 /yr | |
| 317 | 1-bed | 761 sqft | AED 553KAED 552,861 · Aug 2012August 2012 | 33,000 /yr | |
| 318 | 2-bed | 934 sqft | AED 625KAED 625,025 · Oct 2013October 2013 | 70,000 /yr |
309, Red Residence in numbers
- Sold twice: first on 25 June 2015 for AED 821,750, last on 16 July 2025 for AED 710,000 (AED 728 per sqft).
- Rented since December 2025 on one Ejari contract, at AED 81,000 a year.
- At AED 81,000 a year the gross yield on the 2025 price is 11.4%, before a service charge of about AED 13,800 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 5 December 2025.
Questions about 309, Red Residence
What did unit 309 last sell for?
AED 710,000 on 16 July 2025: AED 728 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 821,750 in June 2015.
What is the rent for unit 309?
AED 81,000 a year on the contract signed on 5 December 2025.
How big is unit 309?
974 sqft (90.5 sqm): a two-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2014.
What is unit 309 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 309, Red Residence
Starts from the last sale price (AED 710K, 16 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →