1-bed · 734 sqftRed Residence, Dubai Sports City · 8th floor · completed 2014

802, Red Residence

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

Unit 802 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 625K20 June 2017
Current rentAED 45K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Red Residence

What is 802 worth today?

Last sold for AED 625,000 in 2017

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15 Aug 2026RentedRenewal
AED 45,000/yr12 months · AED 61 per sqft
15 Aug 2025RentedRenewal
AED 45,000/yr12 months · AED 61 per sqft
15 Aug 2024RentedRenewal
AED 43,000/yr12 months · AED 59 per sqft
15 Aug 2023RentedRenewal
AED 39,000/yr12 months · AED 53 per sqft
15 Aug 2022RentedNew contract
AED 35,000/yr12 months · AED 48 per sqft
1 Jun 2020RentedNew contract
AED 33,000/yr12 months · AED 45 per sqft
20 Jan 2019RentedNew contract
AED 47,000/yr12 months · AED 64 per sqft
20 Jun 2017SoldOff-plan
AED 625,000AED 851 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
734 sqft
Floor
8th of 22
Parking
B2-15
Developer
ME Development
Completed
2014
Service charge
AED 10,400 /yr
Last sold
AED 625K · June 2017

About 802, Red Residence

802 is a one-bedroom apartment of 734 sqft on the 8th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 20 June 2017 for AED 625,000, or AED 851 per sqft, 3% below the AED 881 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 15 August 2026, is AED 45,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 10,400 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, May 2011: AED 750,100 (AED 1,021 per sqft)Sold, June 2017: AED 625,000 (AED 851 per sqft)

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

Rents
Unit 802, each contractTypical one-bed in Red Residence
40K2018202120242027Typical 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, January 2019: AED 47,000 a yearNew contract, June 2020: AED 33,000 a yearNew contract, August 2022: AED 35,000 a yearRenewal, August 2023: AED 39,000 a yearRenewal, August 2024: AED 43,000 a yearRenewal, August 2025: AED 45,000 a yearRenewal, August 2026: AED 45,000 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 802 sits

All 202 1-beds →

802 last sold in June 2017 at AED 851 per sqft, 3% below what one-beds in Red Residence were fetching at the time (AED 881). 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. 802's AED 45,000 is in the lower 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 8th floor

All 330 units in Red Residence
Value
8011-bedAED 460K · Jul 2019
803StudioAED 500K · May 2014
8041-bedAED 370K · Jun 2022
8051-bedAED 1.1M · Jun 2015
806StudioAED 485K · Nov 2025
8071-bedAED 410K · Aug 2019
8081-bedAED 470K · Nov 2023
1–7 of 17

802, Red Residence in numbers

  • Sold twice: first on 10 May 2011 for AED 750,100, last on 20 June 2017 for AED 625,000 (AED 851 per sqft).
  • Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 47,000 to AED 33,000 in 2020 and recovered to AED 45,000 by August 2026.
  • At AED 45,000 a year the gross yield on the 2017 price is 7.2%, 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 15 August 2026.

Questions about 802, Red Residence

What did unit 802 last sell for?

AED 625,000 on 20 June 2017: AED 851 per sqft for 734 sqft. The unit has 2 registered sales; the first was AED 750,100 in May 2011.

What is the rent for unit 802?

AED 45,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since January 2019.

How big is unit 802?

734 sqft (68.2 sqm): a one-bedroom apartment on the 8th floor of a 22-storey tower completed in 2014.

What is unit 802 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 802, Red Residence

Starts from the last sale price (AED 625K, 20 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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