1-bed · 734 sqftRed Residence, Dubai Sports City · 6th floor · completed 2014

607, Red Residence

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 650K15 February 2017
Current rentAED 60K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Red Residence

What is 607 worth today?

Last sold for AED 650,000 in 2017

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3 Feb 2026RentedRenewal
AED 60,000/yr12 months · AED 82 per sqft
3 Feb 2025RentedNew contract
AED 57,000/yr12 months · AED 78 per sqft
5 Jan 2024RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
10 Dec 2022RentedRenewal
AED 36,000/yr12 months · AED 49 per sqft
10 Dec 2021RentedRenewal
AED 30,000/yr12 months · AED 41 per sqft
10 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 38 per sqft
22 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 49 per sqft
15 Feb 2017SoldOff-plan
AED 650,000AED 885 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
6th of 22
Parking
B2-9
Developer
ME Development
Completed
2014
Service charge
AED 10,400 /yr
Last sold
AED 650K · February 2017

About 607, Red Residence

607 is a one-bedroom apartment of 734 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 15 February 2017 for AED 650,000, or AED 885 per sqft, 4% above the AED 852 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 60,000 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 10,400 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, October 2010: AED 683,100 (AED 930 per sqft)Sold, February 2017: AED 650,000 (AED 885 per sqft)

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

Rents
Unit 607, each contractTypical one-bed in Red Residence
40K60K2018202120242027Typical 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, October 2019: AED 36,000 a yearNew contract, December 2020: AED 28,000 a yearRenewal, December 2021: AED 30,000 a yearRenewal, December 2022: AED 36,000 a yearNew contract, January 2024: AED 50,000 a yearNew contract, February 2025: AED 57,000 a yearRenewal, February 2026: AED 60,000 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 607 sits

All 202 1-beds →

607 last sold in February 2017 at AED 885 per sqft, 4% above what one-beds in Red Residence were fetching at the time (AED 852). 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. 607's AED 60,000 is in the upper 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 6th floor

All 330 units in Red Residence
Value
6011-bedAED 500K · Feb 2024
6021-bedAED 760K · Oct 2010
603StudioAED 400K · Jan 2016
6041-bedAED 650K · Apr 2017
6051-bedAED 550K · Jul 2024
606StudioAED 275K · Dec 2022
6081-bedAED 475K · May 2019
1–7 of 17

607, Red Residence in numbers

  • Sold twice: first on 10 October 2010 for AED 683,100, last on 15 February 2017 for AED 650,000 (AED 885 per sqft).
  • Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2020 and recovered to AED 60,000 by February 2026.
  • At AED 60,000 a year the gross yield on the 2017 price is 9.2%, before a service charge of about AED 10,400 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 3 February 2026.

Questions about 607, Red Residence

What did unit 607 last sell for?

AED 650,000 on 15 February 2017: AED 885 per sqft for 734 sqft. The unit has 2 registered sales; the first was AED 683,100 in October 2010.

What is the rent for unit 607?

AED 60,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 57,000; the unit has been rented since October 2019.

How big is unit 607?

734 sqft (68.2 sqm): a one-bedroom apartment on the 6th floor of a 22-storey tower completed in 2014.

What is unit 607 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 607, Red Residence

Starts from the last sale price (AED 650K, 15 February 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 →