1-bed · 761 sqftRed Residence, Dubai Sports City · 3rd floor · completed 2014

310, Red Residence

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 17 February 2026
Last soldAED 650K24 May 2016
Current rentAED 54K /yr17 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Red Residence

What is 310 worth today?

Last sold for AED 650,000 in 2016

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17 Feb 2026RentedRenewal
AED 54,000/yr12 months · AED 71 per sqft
17 Feb 2025RentedNew contract
AED 54,000/yr12 months · AED 71 per sqft
15 Oct 2024RentedRenewal
AED 46,000/yr12 months · AED 60 per sqft
15 Oct 2023RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
15 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
10 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
24 May 2016SoldOff-plan
AED 650,000AED 854 per sqft
2 Feb 2016Sold by developerOff-plan
AED 650,000AED 854 per sqft

Source: Dubai Land Department. Updated 17 February 2026.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
3rd of 22
Parking
B1-46
Developer
ME Development
Completed
2014
Service charge
AED 10,800 /yr
Last sold
AED 650K · May 2016

About 310, Red Residence

310 is a one-bedroom apartment of 761 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 24 May 2016 for AED 650,000, or AED 854 per sqft, 4% below the AED 893 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 17 February 2026, is AED 54,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 10,800 a year.

Sales and rents for 310 over time

Sales
Unit 310, each saleTypical one-bed in Red Residence
250K500K750K2010201520202025Typical sale price by year: 2010 AED 721,600; 2011 AED 782,387; 2012 AED 734,003; 2013 AED 847,026; 2014 AED 740,000; 2015 AED 740,050; 2016 AED 674,922; 2017 AED 690,000; 2019 AED 460,000; 2020 AED 350,000; 2021 AED 335,000; 2022 AED 395,000; 2023 AED 440,000; 2024 AED 550,000; 2025 AED 610,000; 2026 AED 620,000Sold by developer, February 2016: AED 650,000 (AED 854 per sqft)Sold, May 2016: AED 650,000 (AED 854 per sqft)

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

Rents
Unit 310, each contractTypical one-bed in Red Residence
40K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 31,000; 2022 AED 35,000; 2023 AED 40,480; 2024 AED 48,000; 2025 AED 55,000; 2026 AED 54,500New contract, September 2020: AED 35,000 a yearNew contract, October 2022: AED 35,000 a yearRenewal, October 2023: AED 40,000 a yearRenewal, October 2024: AED 46,000 a yearNew contract, February 2025: AED 54,000 a yearRenewal, February 2026: AED 54,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Red Residence, and where 310 sits

All 202 1-beds →

310 last sold in May 2016 at AED 854 per sqft, 4% below what one-beds in Red Residence were fetching at the time (AED 893). Over the last 12 months one-beds sold for AED 550,000 to 690,000, around AED 788 per sqft, and rent for AED 25,000 to 75,000 a year. 310's AED 54,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026550,000
23 Oct 2026630,000
25 Sep 2026580,000
22 Sep 2026590,000
17 1-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 3rd floor

All 330 units in Red Residence
Value
3011-bedAED 585K · Dec 2025
3021-bedAED 370K · Mar 2023
303StudioAED 389K · Oct 2011
3041-bedAED 613K · Sep 2015
306StudioAED 360K · Dec 2024
3071-bedAED 625K · Oct 2025
3081-bedAED 335K · Jan 2021
1–7 of 16

310, Red Residence in numbers

  • Sold twice: first on 2 February 2016 for AED 650,000, last on 24 May 2016 for AED 650,000 (AED 854 per sqft).
  • Rented since September 2020 on 6 Ejari contracts, from AED 35,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 10,800 a year (AED 14.13 per sqft).
  • One-beds in Red Residence sold for AED 550,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 799 per sqft.

Source: Dubai Land Department. Updated 17 February 2026.

Questions about 310, Red Residence

What did unit 310 last sell for?

AED 650,000 on 24 May 2016: AED 854 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 650,000 in February 2016.

What is the rent for unit 310?

AED 54,000 a year on the contract renewed on 17 February 2026. The previous contract, from February 2025, was AED 54,000; the unit has been rented since September 2020.

How big is unit 310?

761 sqft (70.7 sqm): a one-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2014.

What is unit 310 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Red Residence sold for AED 550,000 to 690,000 in the last 12 months, around AED 788 per sqft.

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Mortgage on 310, Red Residence

Starts from the last sale price (AED 650K, 24 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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