2-bed · 883 sqftRed Residence, Dubai Sports City · 8th floor · completed 2014

809, Red Residence

Sold prices and rental history: sold once, by the developer 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 809 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 800K11 June 2017
Current rentAED 60K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Red Residence

What is 809 worth today?

Last sold for AED 800,000 in 2017

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1 Oct 2025RentedRenewal
AED 60,400/yr12 months · AED 62 per sqft
1 Oct 2024RentedRenewal
AED 57,500/yr12 months · AED 59 per sqft
1 Oct 2024RentedRenewal
AED 57,500/yr12 months · AED 59 per sqft
1 Oct 2023RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
1 Oct 2022RentedRenewal
AED 41,000/yr12 months · AED 42 per sqft
1 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 39 per sqft
25 Aug 2020RentedNew contract
AED 37,000/yr12 months · AED 38 per sqft
19 May 2019RentedNew contract
AED 48,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
8th of 22
Parking
B2-22
Developer
ME Development
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 800K · June 2017

About 809, Red Residence

809 is a two-bedroom apartment of 883 sqft on the 8th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. The developer sold it on 11 June 2017 for AED 800,000, or AED 906 per sqft, 6% above the AED 855 two-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 1 October 2025, is AED 60,400 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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 2017: AED 800,000 (AED 906 per sqft)

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

Rents
Unit 809, each contractTypical two-bed in Red Residence
40K60K80K2018202120242027Typical 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 73,500New contract, May 2019: AED 48,000 a yearNew contract, August 2020: AED 37,000 a yearNew contract, October 2021: AED 38,000 a yearRenewal, October 2022: AED 41,000 a yearNew contract, October 2023: AED 50,000 a yearRenewal, October 2024: AED 57,500 a yearRenewal, October 2024: AED 57,500 a yearRenewal, October 2025: AED 60,400 a year

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 809 sits

All 96 2-beds →

809 last sold in June 2017 at AED 906 per sqft, 6% above what two-beds in Red Residence were fetching at the time (AED 855). 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. 809's AED 60,400 is in the lower half of that range.

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 8th floor

All 330 units in Red Residence
Value
8011-bedAED 460K · Jul 2019
8021-bedAED 625K · Jun 2017
803StudioAED 500K · May 2014
8041-bedAED 370K · Jun 2022
8051-bedAED 1.1M · Jun 2015
806StudioAED 485K · Nov 2025
8071-bedAED 410K · Aug 2019
1–7 of 17

809, Red Residence in numbers

  • Sold once: by ME Development on 11 June 2017 for AED 800,000, or AED 906 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 37,000 in 2020 and recovered to AED 60,400 by October 2025.
  • At AED 60,400 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 12,500 a year (AED 14.13 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 1 October 2025.

Questions about 809, Red Residence

What did unit 809 last sell for?

AED 800,000 on 11 June 2017, sold by the developer: AED 906 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 60,400 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 57,500; the unit has been rented since May 2019.

How big is unit 809?

883 sqft (82.0 sqm): a two-bedroom apartment on the 8th floor of a 22-storey tower completed in 2014.

What is unit 809 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 809, Red Residence

Starts from the last sale price (AED 800K, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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