403, Red Residence
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Red Residence
What is 403 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 4th of 22
- Parking
- B1-57
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 5,800 /yr
- Last sold
- AED 504K · June 2011
- Building
- Red Residence
About 403, Red Residence
403 is a studio of 408 sqft on the 4th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. The developer sold it on 9 June 2011 for AED 503,897, or AED 1,235 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 35,000 a year: a gross yield of 7.0% on the 2011 price, before the service charge of about AED 5,800 a year.
Sales and rents for 403 over time
403 has sold once; 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 403 sits
All 32 studios →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. 403's AED 35,000 is in the upper 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
- 8.7%
Other units on the 4th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 739 sqft | AED 620KAED 620,000 · May 2016May 2016 | 60,000 /yr | |
| 402 | 1-bed | 734 sqft | AED 630KAED 630,000 · Sep 2024September 2024 | 50,000 /yr | |
| 404 | 1-bed | 832 sqft | AED 650KAED 650,000 · Apr 2017April 2017 | 42,000 /yr | |
| 405 | 1-bed | 831 sqft | AED 310KAED 310,000 · Jun 2021June 2021 | 65,000 /yr | |
| 406 | Studio | 408 sqft | AED 250KAED 250,000 · Mar 2022March 2022 | 36,000 /yr | |
| 407 | 1-bed | 734 sqft | AED 620KAED 620,000 · Jan 2026January 2026 | ||
| 408 | 1-bed | 758 sqft | AED 610KAED 610,000 · Nov 2015November 2015 | 53,000 /yr | |
| 409 | 2-bed | 974 sqft | AED 653KAED 653,481 · Sep 2012September 2012 | 65,000 /yr | |
| 410 | 1-bed | 761 sqft | AED 748KAED 747,650 · Jun 2011June 2011 | ||
| 411 | 1-bed | 734 sqft | AED 550KAED 550,000 · May 2024May 2024 | 53,000 /yr | |
| 412 | Studio | 408 sqft | AED 350KAED 350,000 · Nov 2024November 2024 | 28,750 /yr | |
| 413 | 1-bed | 825 sqft | AED 385KAED 385,000 · May 2022May 2022 | ||
| 414 | 1-bed | 828 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 49,000 /yr | |
| 415 | Studio | 411 sqft | AED 270KAED 270,000 · Feb 2020February 2020 | 38,000 /yr | |
| 416 | 1-bed | 734 sqft | AED 400KAED 400,000 · May 2023May 2023 | 30,000 /yr | |
| 417 | 1-bed | 761 sqft | AED 900KAED 900,000 · Aug 2015August 2015 | 30,000 /yr | |
| 418 | 2-bed | 934 sqft | AED 455KAED 455,000 · Apr 2022April 2022 |
403, Red Residence in numbers
- Sold once: by ME Development on 9 June 2011 for AED 503,897, or AED 1,235 per sqft.
- Rented since January 2019 on 5 Ejari contracts, from AED 28,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2011 price is 7.0%, 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 February 2026.
Questions about 403, Red Residence
What did unit 403 last sell for?
AED 503,897 on 9 June 2011, sold by the developer: AED 1,235 per sqft for 408 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 35,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 35,000; the unit has been rented since January 2019.
How big is unit 403?
408 sqft (37.9 sqm): a studio on the 4th floor of a 22-storey tower completed in 2014.
What is unit 403 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.
Selling 403? Put it on the OpenOffers board
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Mortgage on 403, Red Residence
Starts from the last sale price (AED 504K, 9 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 503,897
- Deposit, UAE resident (20%)
- AED 100,779
- Deposit, non-resident (40%)
- AED 201,559
- Monthly over 25 years at 3.7%
- AED 2,062
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →