815, Red Residence
Sold prices and rental history: sold 3 times, last in October 2021, 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 815, Red Residence
What is 815 worth today?
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Source: Dubai Land Department. Updated 18 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 411 sqft
- Floor
- 8th of 22
- Parking
- B2-28
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 5,800 /yr
- Last sold
- AED 300K · October 2021
- Building
- Red Residence
About 815, Red Residence
815 is a studio of 411 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 31 October 2021 for AED 300,000, or AED 730 per sqft, 20% above the AED 608 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 18 May 2026, is AED 21,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 5,800 a year.
Sales and rents for 815 over time
815 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Red Residence, and where 815 sits
All 32 studios →815 last sold in October 2021 at AED 730 per sqft, 20% above what studios in Red Residence were fetching at the time (AED 608). Over the last 12 months studios sold for AED 415,000 to 485,000, around AED 1,102 per sqft, and rent for AED 21,000 to 48,000 a year. 815's AED 21,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 408 sqft | 415,000 | 1,016 | ||
| 26 Nov 202526 November 2025 | 408 sqft | 485,000 | 1,188 | ||
| 23 Oct 202523 October 2025 | 408 sqft | 485,000 | 1,188 | ||
| 22 Sep 202522 September 2025 | 408 sqft | 425,000 | 1,041 |
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
- 8.8%
Other units on the 8th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 758 sqft | AED 460KAED 460,000 · Jul 2019July 2019 | 55,000 /yr | |
| 802 | 1-bed | 734 sqft | AED 625KAED 625,000 · Jun 2017June 2017 | 45,000 /yr | |
| 803 | Studio | 408 sqft | AED 500KAED 500,000 · May 2014May 2014 | 33,000 /yr | |
| 804 | 1-bed | 832 sqft | AED 370KAED 370,000 · Jun 2022June 2022 | 49,350 /yr | |
| 805 | 1-bed | 831 sqft | AED 1.1MAED 1,100,000 · Jun 2015June 2015 | 44,000 /yr | |
| 806 | Studio | 408 sqft | AED 485KAED 485,000 · Nov 2025November 2025 | 37,000 /yr | |
| 807 | 1-bed | 734 sqft | AED 410KAED 410,000 · Aug 2019August 2019 | 30,000 /yr | |
| 808 | 1-bed | 758 sqft | AED 470KAED 470,000 · Nov 2023November 2023 | 52,000 /yr | |
| 809 | 2-bed | 883 sqft | AED 800KAED 800,000 · Jun 2017June 2017 | 60,400 /yr | |
| 810 | 1-bed | 761 sqft | AED 590KAED 590,000 · Jan 2026January 2026 | 69,000 /yr | |
| 811 | 1-bed | 734 sqft | AED 929KAED 929,031 · Jun 2011June 2011 | ||
| 812 | Studio | 408 sqft | AED 381KAED 381,112 · Oct 2011October 2011 | 29,700 /yr | |
| 813 | 1-bed | 825 sqft | AED 600KAED 600,000 · Nov 2024November 2024 | 52,000 /yr | |
| 814 | 1-bed | 828 sqft | AED 524KAED 524,000 · Dec 2023December 2023 | 55,000 /yr | |
| 816 | 1-bed | 734 sqft | AED 610KAED 610,000 · Mar 2025March 2025 | 50,000 /yr | |
| 817 | 1-bed | 761 sqft | AED 580KAED 580,000 · Dec 2025December 2025 | 60,000 /yr | |
| 818 | 2-bed | 934 sqft | AED 677KAED 677,111 · Sep 2013September 2013 | 36,000 /yr |
815, Red Residence in numbers
- Sold 3 times: first on 12 July 2011 for AED 375,250, last on 31 October 2021 for AED 300,000 (AED 730 per sqft).
- Rented since January 2019 on 6 Ejari contracts, from AED 28,000 to AED 21,000 a year.
- At AED 21,000 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 5,800 a year (AED 14.13 per sqft).
- Studios in Red Residence sold for AED 415,000–485,000 in the 12 months to November 2026; the building's median across all types is AED 799 per sqft.
Source: Dubai Land Department. Updated 18 May 2026.
Questions about 815, Red Residence
What did unit 815 last sell for?
AED 300,000 on 31 October 2021: AED 730 per sqft for 411 sqft. The unit has 3 registered sales; the first was AED 375,250 in July 2011.
What is the rent for unit 815?
AED 21,000 a year on the contract renewed on 18 May 2026. The previous contract, from May 2025, was AED 21,000; the unit has been rented since January 2019.
How big is unit 815?
411 sqft (38.2 sqm): a studio on the 8th floor of a 22-storey tower completed in 2014.
What is unit 815 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Red Residence sold for AED 415,000 to 485,000 in the last 12 months, around AED 1,102 per sqft.
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Mortgage on 815, Red Residence
Starts from the last sale price (AED 300K, 31 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →