1-bed · 828 sqftRed Residence, Dubai Sports City · 4th floor · completed 2014

414, Red Residence

Sold prices and rental history: sold twice, last in February 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 600K26 February 2025
Current rentAED 49K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Red Residence

What is 414 worth today?

Last sold for AED 600,000 in 2025

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26 Feb 2025SoldReady
AED 600,000AED 724 per sqft
1 Jul 2024RentedRenewal
AED 49,000/yr12 months · AED 59 per sqft
1 Jul 2023RentedNew contract
AED 44,000/yr12 months · AED 53 per sqft
7 Apr 2023RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
28 Apr 2011Sold by developerOff-plan
AED 763,800AED 922 per sqft

Source: Dubai Land Department. Updated 26 February 2025.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
4th of 22
Parking
B2-2
Developer
ME Development
Completed
2014
Service charge
AED 11,700 /yr
Last sold
AED 600K · February 2025

About 414, Red Residence

414 is a one-bedroom apartment of 828 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 26 February 2025 for AED 600,000, or AED 724 per sqft, in line with the AED 715 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 49,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 11,700 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, April 2011: AED 763,800 (AED 922 per sqft)Sold, February 2025: AED 600,000 (AED 724 per sqft)

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

Rents
Unit 414, 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, April 2023: AED 40,000 a yearNew contract, July 2023: AED 44,000 a yearRenewal, July 2024: AED 49,000 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 414 sits

All 202 1-beds →

414 last sold in February 2025 at AED 724 per sqft, in line with what one-beds in Red Residence were fetching at the time (AED 715). 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. 414's AED 49,000 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
4041-bedAED 650K · Apr 2017
4051-bedAED 310K · Jun 2021
406StudioAED 250K · Mar 2022
4071-bedAED 620K · Jan 2026
1–7 of 17

414, Red Residence in numbers

  • Sold twice: first on 28 April 2011 for AED 763,800, last on 26 February 2025 for AED 600,000 (AED 724 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 40,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 11,700 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 26 February 2025.

Questions about 414, Red Residence

What did unit 414 last sell for?

AED 600,000 on 26 February 2025: AED 724 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 763,800 in April 2011.

What is the rent for unit 414?

AED 49,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 44,000; the unit has been rented since April 2023.

How big is unit 414?

828 sqft (76.9 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2014.

What is unit 414 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 414, Red Residence

Starts from the last sale price (AED 600K, 26 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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