Home
Dubai prices
About
Research
2-bed · 934 sqftRed Residence, Dubai Sports City · 4th floor · completed 2014

418, Red Residence

Sold prices and rental history: sold twice, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 27 April 2022
Last soldAED 455K27 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 418

Property timeline for 418, Red Residence

What is 418 worth today?

Last sold for AED 455,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Apr 2022SoldReady
AED 455,000AED 486 per sqft
9 Feb 2016Sold by developerOff-plan
AED 750,000AED 849 per sqft

Source: Dubai Land Department. Updated 27 April 2022.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
4th of 22
Parking
B1-62
Developer
ME Development
Completed
2014
Service charge
AED 13,200 /yr
Last sold
AED 455K · April 2022
Building
Red Residence

About 418, Red Residence

418 is a two-bedroom apartment of 934 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 27 April 2022 for AED 455,000, or AED 486 per sqft, in line with the AED 486 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 418 over time

Sales
Unit 418, each saleTypical two-bed in Red Residence
500K1M20112015201920232027Typical sale price by year: 2011 AED 1,016,333; 2012 AED 1,002,372; 2013 AED 625,025; 2014 AED 925,000; 2015 AED 1,049,625; 2016 AED 885,000; 2017 AED 900,000; 2019 AED 630,000; 2021 AED 537,500; 2023 AED 630,000; 2024 AED 685,000; 2025 AED 830,000; 2026 AED 820,000Sold by developer, February 2016: AED 750,000 (AED 849 per sqft)Sold, April 2022: AED 455,000 (AED 486 per sqft)

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

Rents
Unit 418, each contractTypical two-bed in Red Residence
40K60K2018202120242027Typical rent by year: 2018 AED 60,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 54,000; 2024 AED 64,000; 2025 AED 70,000; 2026 AED 73,500

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

2-beds in Red Residence, and where 418 sits

All 96 2-beds →

418 last sold in April 2022 at AED 486 per sqft, in line with what two-beds in Red Residence were fetching at the time (AED 486). Over the last 12 months two-beds sold for AED 650,000 to 950,000, around AED 854 per sqft, and rent for AED 45,000 to 90,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 2026650,000
14 Apr 2026820,000
16 Feb 2026840,000
17 Jan 2026750,000
8 2-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
8.8%
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

418, Red Residence in numbers

  • Sold twice: first on 9 February 2016 for AED 750,000, last on 27 April 2022 for AED 455,000 (AED 486 per sqft).
  • Two-beds in Red Residence sold for AED 650,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 799 per sqft.

Source: Dubai Land Department. Updated 27 April 2022.

Questions about 418, Red Residence

What did unit 418 last sell for?

AED 455,000 on 27 April 2022: AED 486 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 750,000 in February 2016.

How big is unit 418?

934 sqft (86.8 sqm): a two-bedroom apartment on the 4th floor of a 22-storey tower completed in 2014.

What is unit 418 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Red Residence sold for AED 650,000 to 950,000 in the last 12 months, around AED 854 per sqft.

Selling 418? 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.

How OpenOffers works

Mortgage on 418, Red Residence

Starts from the last sale price (AED 455K, 27 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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