606, Red Residence
Sold prices and rental history: sold 6 times, last in December 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 606, Red Residence
What is 606 worth today?
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Source: Dubai Land Department. Updated 31 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 408 sqft
- Floor
- 6th of 22
- Parking
- B1-95
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 5,800 /yr
- Last sold
- AED 275K · December 2022
- Building
- Red Residence
About 606, Red Residence
606 is a studio of 408 sqft on the 6th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 5 December 2022 for AED 275,000, or AED 673 per sqft, 23% above the AED 545 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 31 October 2026, is AED 38,000 a year: a gross yield of 13.8% on the 2022 price, before the service charge of about AED 5,800 a year.
Sales and rents for 606 over time
606 has sold 6 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 606 sits
All 32 studios →606 last sold in December 2022 at AED 673 per sqft, 23% above what studios in Red Residence were fetching at the time (AED 545). 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. 606's AED 38,000 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 6th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 758 sqft | AED 500KAED 500,000 · Feb 2024February 2024 | 62,400 /yr | |
| 602 | 1-bed | 734 sqft | AED 760KAED 760,100 · Oct 2010October 2010 | ||
| 603 | Studio | 408 sqft | AED 400KAED 399,660 · Jan 2016January 2016 | ||
| 604 | 1-bed | 832 sqft | AED 650KAED 650,000 · Apr 2017April 2017 | 60,000 /yr | |
| 605 | 1-bed | 831 sqft | AED 550KAED 550,000 · Jul 2024July 2024 | 53,000 /yr | |
| 607 | 1-bed | 734 sqft | AED 650KAED 650,000 · Feb 2017February 2017 | 60,000 /yr | |
| 608 | 1-bed | 758 sqft | AED 475KAED 475,000 · May 2019May 2019 | 44,000 /yr | |
| 609 | 2-bed | 883 sqft | AED 760KAED 760,000 · May 2017May 2017 | ||
| 610 | 1-bed | 761 sqft | AED 650KAED 650,000 · May 2016May 2016 | 60,000 /yr | |
| 611 | 1-bed | 734 sqft | AED 665KAED 665,000 · Mar 2017March 2017 | 55,000 /yr | |
| 612 | Studio | 408 sqft | AED 310KAED 309,514 · Sep 2015September 2015 | 25,194 /yr | |
| 613 | 1-bed | 413 sqft | AED 150KAED 150,000 · Jul 2025July 2025 | 57,000 /yr | |
| 614 | 1-bed | 828 sqft | AED 470KAED 470,000 · Oct 2019October 2019 | ||
| 615 | Studio | 411 sqft | AED 375KAED 375,000 · Mar 2024March 2024 | 37,898 /yr | |
| 616 | 1-bed | 734 sqft | AED 320KAED 320,000 · Aug 2021August 2021 | 48,000 /yr | |
| 617 | 1-bed | 761 sqft | AED 410KAED 410,000 · Mar 2023March 2023 | 60,000 /yr | |
| 618 | 2-bed | 934 sqft | AED 822KAED 821,750 · Oct 2011October 2011 | 40,000 /yr |
606, Red Residence in numbers
- Sold 6 times: first on 26 March 2014 for AED 432,973, last on 5 December 2022 for AED 275,000 (AED 673 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 44,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2022 price is 13.8%, 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 31 October 2026.
Questions about 606, Red Residence
What did unit 606 last sell for?
AED 275,000 on 5 December 2022: AED 673 per sqft for 408 sqft. The unit has 6 registered sales; the first was AED 432,973 in March 2014.
What is the rent for unit 606?
AED 38,000 a year on the contract signed on 31 October 2026. The previous contract, from August 2024, was AED 44,000.
How big is unit 606?
408 sqft (37.9 sqm): a studio on the 6th floor of a 22-storey tower completed in 2014.
What is unit 606 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.
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Mortgage on 606, Red Residence
Starts from the last sale price (AED 275K, 5 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →