412, Red Residence
Sold prices and rental history: sold 3 times, last in November 2024, 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 412, Red Residence
What is 412 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 4th of 22
- Parking
- B1-66
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 5,800 /yr
- Last sold
- AED 350K · November 2024
- Building
- Red Residence
About 412, Red Residence
412 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. It last sold on 8 November 2024 for AED 350,000, or AED 857 per sqft, 6% below the AED 912 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 August 2025, is AED 28,750 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 5,800 a year.
Sales and rents for 412 over time
412 has sold 3 times; 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 412 sits
All 32 studios →412 last sold in November 2024 at AED 857 per sqft, 6% below what studios in Red Residence were fetching at the time (AED 912). 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. 412's AED 28,750 is in the lower 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 | |
| 403 | Studio | 408 sqft | AED 504KAED 503,897 · Jun 2011June 2011 | 35,000 /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 | |
| 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 |
412, Red Residence in numbers
- Sold 3 times: first on 13 May 2019 for AED 416,000, last on 8 November 2024 for AED 350,000 (AED 857 per sqft).
- Rented since June 2019 on 4 Ejari contracts. The rent fell from AED 28,000 to AED 22,800 in 2022 and recovered to AED 28,750 by August 2025.
- At AED 28,750 a year the gross yield on the 2024 price is 8.2%, 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 August 2025.
Questions about 412, Red Residence
What did unit 412 last sell for?
AED 350,000 on 8 November 2024: AED 857 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 416,000 in May 2019.
What is the rent for unit 412?
AED 28,750 a year on the contract signed on 1 August 2025. The previous contract, from August 2023, was AED 28,700; the unit has been rented since June 2019.
How big is unit 412?
408 sqft (37.9 sqm): a studio on the 4th floor of a 22-storey tower completed in 2014.
What is unit 412 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 412? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 412, Red Residence
Starts from the last sale price (AED 350K, 8 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →