2-bed · 934 sqftRed Residence, Dubai Sports City · 8th floor · completed 2014

818, Red Residence

Sold prices and rental history: sold once, by the developer in September 2013, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 818 · DLD and Ejari recordsUpdated 7 September 2021
Last soldAED 677K25 September 2013
Current rentAED 36K /yr7 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 818, Red Residence

What is 818 worth today?

Last sold for AED 677,111 in 2013

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7 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 38 per sqft
25 Sep 2013Sold by developerOff-plan
AED 677,111AED 724 per sqft

Source: Dubai Land Department. Updated 7 September 2021.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
8th of 22
Parking
B2-30
Developer
ME Development
Completed
2014
Service charge
AED 13,200 /yr
Last sold
AED 677K · September 2013

About 818, Red Residence

818 is a two-bedroom apartment of 934 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 25 September 2013 for AED 677,111, or AED 724 per sqft, 23% below the AED 937 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 September 2021. The current contract, signed on 7 September 2021, is AED 36,000 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 13,200 a year.

Sales and rents for 818 over time

Sales
Unit 818, 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, September 2013: AED 677,111 (AED 724 per sqft)

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

Rents
Unit 818, 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, September 2021: AED 36,000 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 818 sits

All 96 2-beds →

818 last sold in September 2013 at AED 724 per sqft, 23% below what two-beds in Red Residence were fetching at the time (AED 937). 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. 818's AED 36,000 is at the bottom 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
8.8%
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

818, Red Residence in numbers

  • Sold once: by ME Development on 25 September 2013 for AED 677,111, or AED 724 per sqft.
  • Rented since September 2021 on one Ejari contract, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2013 price is 5.3%, before a service charge of about AED 13,200 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 7 September 2021.

Questions about 818, Red Residence

What did unit 818 last sell for?

AED 677,111 on 25 September 2013, sold by the developer: AED 724 per sqft for 934 sqft. It is the only registered sale of the unit.

What is the rent for unit 818?

AED 36,000 a year on the contract signed on 7 September 2021.

How big is unit 818?

934 sqft (86.8 sqm): a two-bedroom apartment on the 8th floor of a 22-storey tower completed in 2014.

What is unit 818 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 818, Red Residence

Starts from the last sale price (AED 677K, 25 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 677,111
Deposit, UAE resident (20%)
AED 135,422
Deposit, non-resident (40%)
AED 270,844
Monthly over 25 years at 3.7%
AED 2,770

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