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1-bed · 832 sqftRed Residence, Dubai Sports City · 4th floor · completed 2014

404, Red Residence

Sold prices and rental history: sold 3 times, last in April 2017, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 650K2 April 2017
Current rentAED 42K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Red Residence

What is 404 worth today?

Last sold for AED 650,000 in 2017

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15 Jul 2026RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
2 Apr 2017SoldOff-plan
AED 650,000AED 781 per sqft
30 Apr 2014SoldOff-plan
AED 750,000AED 901 per sqft
12 Sep 2012Sold by developerOff-plan
AED 804,392AED 967 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
4th of 22
Parking
B1-58
Developer
ME Development
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 650K · April 2017
Building
Red Residence

About 404, Red Residence

404 is a one-bedroom apartment of 832 sqft on the 4th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 2 April 2017 for AED 650,000, or AED 781 per sqft, 8% below the AED 848 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2026. The current contract, renewed on 15 July 2026, is AED 42,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 11,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, September 2012: AED 804,392 (AED 967 per sqft)Sold, April 2014: AED 750,000 (AED 901 per sqft)Sold, April 2017: AED 650,000 (AED 781 per sqft)

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

Rents
Unit 404, 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 54,500Renewal, July 2026: AED 42,000 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 404 sits

All 202 1-beds →

404 last sold in April 2017 at AED 781 per sqft, 8% below what one-beds in Red Residence were fetching at the time (AED 848). 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. 404's AED 42,000 is in the lower 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 4th floor

All 330 units in Red Residence
Value
4011-bedAED 620K · May 2016
4021-bedAED 630K · Sep 2024
403StudioAED 504K · Jun 2011
4051-bedAED 310K · Jun 2021
406StudioAED 250K · Mar 2022
4071-bedAED 620K · Jan 2026
4081-bedAED 610K · Nov 2015
1–7 of 17

404, Red Residence in numbers

  • Sold 3 times: first on 12 September 2012 for AED 804,392, last on 2 April 2017 for AED 650,000 (AED 781 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 11,800 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 15 July 2026.

Questions about 404, Red Residence

What did unit 404 last sell for?

AED 650,000 on 2 April 2017: AED 781 per sqft for 832 sqft. The unit has 3 registered sales; the first was AED 804,392 in September 2012.

What is the rent for unit 404?

AED 42,000 a year on the contract renewed on 15 July 2026.

How big is unit 404?

832 sqft (77.3 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2014.

What is unit 404 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 404, Red Residence

Starts from the last sale price (AED 650K, 2 April 2017). 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 →