1-bed · 734 sqftRed Residence, Dubai Sports City · 7th floor · completed 2014

702, Red Residence

Sold prices and rental history: sold once, by the developer in June 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 702 · DLD and Ejari recordsUpdated 27 June 2011

Last soldAED 656K27 June 2011

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Today's valuefree after one verification

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Property timeline for 702, Red Residence

Today

What is 702 worth today?

Last sold for AED 655,500 in 2011

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27 Jun 2011

27 Jun 2011Sold by developerOff-plan

AED 655,500AED 892 per sqft

Source: Dubai Land Department. Updated 27 June 2011.

Key facts

Type: 1-bed apartment
Size: 734 sqft
Floor: 7th of 22
Parking: B1-110
Developer: ME Development
Completed: 2014
Service charge: AED 10,400 /yr
Last sold: AED 656K · June 2011
Building: Red Residence

About 702, Red Residence

702 is a one-bedroom apartment of 734 sqft on the 7th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. The developer sold it on 27 June 2011 for AED 655,500, or AED 892 per sqft, 12% below the AED 1,009 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales

Unit 702, each saleTypical one-bed in Red Residence

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

Rents

Unit 702, each contractTypical one-bed in Red Residence

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 702 sits

All 202 1-beds →

1-beds in Red Residence · last 12 months788 /sqft Red Residence · all types799 /sqft

702 last sold in June 2011 at AED 892 per sqft, 12% below what one-beds in Red Residence were fetching at the time (AED 1,009). 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.

Recent 1-bed sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	758 sqft	550,000	726
23 Oct 202623 October 2026	761 sqft	630,000	827
25 Sep 202625 September 2026	788 sqft	580,000	735
22 Sep 202622 September 2026	761 sqft	590,000	774

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 7th floor

All 330 units in Red Residence


701	1-bed	758 sqft	AED 620KAED 620,000 · Nov 2025November 2025	54,000 /yr
703	Studio	408 sqft	AED 381KAED 381,321 · Jun 2011June 2011	30,450 /yr
704	1-bed	832 sqft	AED 776KAED 776,445 · Jun 2011June 2011
705	1-bed	416 sqft	AED 270KAED 270,000 · May 2025May 2025	60,000 /yr
706	Studio	408 sqft	AED 425KAED 425,000 · Sep 2025September 2025	48,000 /yr
707	1-bed	734 sqft	AED 585KAED 585,000 · Sep 2024September 2024	38,000 /yr
708	1-bed	758 sqft	AED 450KAED 450,000 · Jul 2023July 2023	55,000 /yr
709	2-bed	974 sqft	AED 653KAED 653,481 · Sep 2012September 2012	68,000 /yr
710	1-bed	761 sqft	AED 400KAED 400,000 · Aug 2019August 2019	38,000 /yr
711	1-bed	367 sqft	AED 705KAED 704,900 · Dec 2015December 2015	52,000 /yr
712	Studio	408 sqft	AED 234KAED 233,573 · Mar 2020March 2020	36,000 /yr
713	1-bed	825 sqft	AED 839KAED 838,695 · Jun 2017June 2017	44,100 /yr
714	1-bed	828 sqft	AED 625KAED 625,000 · Sep 2024September 2024	40,139 /yr
715	Studio	411 sqft	AED 390KAED 390,000 · Oct 2024October 2024	40,000 /yr
716	1-bed	734 sqft	AED 705KAED 704,900 · May 2011May 2011
717	1-bed	761 sqft	AED 590KAED 590,000 · Sep 2026September 2026	51,000 /yr
718	2-bed	934 sqft	AED 750KAED 750,000 · Jan 2026January 2026	65,000 /yr

1–7 of 17

702, Red Residence in numbers

Sold once: by ME Development on 27 June 2011 for AED 655,500, or AED 892 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 27 June 2011.

Questions about 702, Red Residence

What did unit 702 last sell for?

AED 655,500 on 27 June 2011, sold by the developer: AED 892 per sqft for 734 sqft. It is the only registered sale of the unit.

How big is unit 702?

734 sqft (68.2 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2014.

What is unit 702 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 702, Red Residence

Starts from the last sale price (AED 656K, 27 June 2011). Switch to today's estimate once you have unlocked it.

Price: AED 655,500
Deposit, UAE resident (20%): AED 131,100
Deposit, non-resident (40%): AED 262,200
Monthly over 25 years at 3.7%: AED 2,682

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