2-bed · 883 sqftRed Residence, Dubai Sports City · 6th floor · completed 2014

609, Red Residence

Sold prices and rental history: sold twice, last in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 4 May 2017
Last soldAED 760K4 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Red Residence

What is 609 worth today?

Last sold for AED 760,000 in 2017

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4 May 2017SoldOff-plan
AED 760,000AED 860 per sqft
30 Jun 2015Sold by developerOff-plan
AED 821,750AED 930 per sqft

Source: Dubai Land Department. Updated 4 May 2017.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
6th of 22
Parking
B1-98
Developer
ME Development
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 760K · May 2017

About 609, Red Residence

609 is a two-bedroom apartment of 883 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 4 May 2017 for AED 760,000, or AED 860 per sqft, 6% above the AED 813 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Red Residence
500K750K1M20112015201920232027Typical 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, June 2015: AED 821,750 (AED 930 per sqft)Sold, May 2017: AED 760,000 (AED 860 per sqft)

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

Rents
Unit 609, 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 609 sits

All 96 2-beds →

609 last sold in May 2017 at AED 860 per sqft, 6% above what two-beds in Red Residence were fetching at the time (AED 813). 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
8.7%
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
6071-bedAED 650K · Feb 2017
1–7 of 17

609, Red Residence in numbers

  • Sold twice: first on 30 June 2015 for AED 821,750, last on 4 May 2017 for AED 760,000 (AED 860 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 4 May 2017.

Questions about 609, Red Residence

What did unit 609 last sell for?

AED 760,000 on 4 May 2017: AED 860 per sqft for 883 sqft. The unit has 2 registered sales; the first was AED 821,750 in June 2015.

How big is unit 609?

883 sqft (82.0 sqm): a two-bedroom apartment on the 6th floor of a 22-storey tower completed in 2014.

What is unit 609 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.

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Mortgage on 609, Red Residence

Starts from the last sale price (AED 760K, 4 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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