711, Red Residence
Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 711, Red Residence
What is 711 worth today?
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Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 367 sqft
- Floor
- 7th of 22
- Parking
- G-53
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 5,200 /yr
- Last sold
- AED 705K · December 2015
- Building
- Red Residence
About 711, Red Residence
711 is a one-bedroom apartment of 367 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 8 December 2015 for AED 704,900, or AED 960 per sqft, 4% above the AED 926 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 52,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 5,200 a year.
Sales and rents for 711 over time
711 has sold once; the dashed line is the one-bed median of each year in the building.
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 711 sits
All 202 1-beds →711 last sold in December 2015 at AED 960 per sqft, 4% above what one-beds in Red Residence were fetching at the time (AED 926). 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. 711's AED 52,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 7th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 758 sqft | AED 620KAED 620,000 · Nov 2025November 2025 | 54,000 /yr | |
| 702 | 1-bed | 734 sqft | AED 656KAED 655,500 · Jun 2011June 2011 | ||
| 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 | |
| 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 |
711, Red Residence in numbers
- Sold once: by ME Development on 8 December 2015 for AED 704,900, or AED 960 per sqft.
- Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 34,000 in 2020 and recovered to AED 52,000 by June 2026.
- At AED 52,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 5,200 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 15 June 2026.
Questions about 711, Red Residence
What did unit 711 last sell for?
AED 704,900 on 8 December 2015, sold by the developer: AED 960 per sqft for 367 sqft. It is the only registered sale of the unit.
What is the rent for unit 711?
AED 52,000 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 52,000; the unit has been rented since October 2019.
How big is unit 711?
367 sqft (34.1 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2014.
What is unit 711 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 711, Red Residence
Starts from the last sale price (AED 705K, 8 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 704,900
- Deposit, UAE resident (20%)
- AED 140,980
- Deposit, non-resident (40%)
- AED 281,960
- Monthly over 25 years at 3.7%
- AED 2,884
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →