
903, Red Residence
Sold prices and rental history: sold twice, last in August 2024, 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 903, Red Residence
What is 903 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 824 sqft
- Floor
- 9th of 22
- Parking
- B2-33
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 11,600 /yr
- Last sold
- AED 560K · August 2024
- Building
- Red Residence
About 903, Red Residence
903 is a one-bedroom apartment of 824 sqft on the 9th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 26 August 2024 for AED 560,000, or AED 679 per sqft, 6% above the AED 638 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 49,350 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 903 over time
903 has sold twice; 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 903 sits
All 202 1-beds →903 last sold in August 2024 at AED 679 per sqft, 6% above what one-beds in Red Residence were fetching at the time (AED 638). 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. 903's AED 49,350 is in the lower 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
- 8.8%
Other units on the 9th floor
All 330 units in Red Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,113 sqft | AED 1.32MAED 1,324,054 · Jun 2015June 2015 | 78,000 /yr | |
| 902 | 1-bed | 788 sqft | AED 660KAED 660,000 · Jul 2017July 2017 | 47,250 /yr | |
| 904 | 1-bed | 824 sqft | AED 1.13MAED 1,126,600 · Dec 2015December 2015 | 56,000 /yr | |
| 905 | 1-bed | 788 sqft | AED 575KAED 575,000 · May 2025May 2025 | 48,000 /yr | |
| 906 | 2-bed | 1,113 sqft | AED 1.13MAED 1,133,291 · Mar 2015March 2015 | 65,000 /yr | |
| 907 | 2-bed | 970 sqft | AED 695KAED 695,000 · Jul 2024July 2024 | 40,000 /yr | |
| 908 | 2-bed | 1,117 sqft | AED 1MAED 1,003,500 · Nov 2011November 2011 | ||
| 909 | 1-bed | 788 sqft | AED 355KAED 355,000 · Sep 2020September 2020 | 62,000 /yr | |
| 910 | 1-bed | 818 sqft | AED 495KAED 495,000 · Mar 2019March 2019 | ||
| 911 | 1-bed | 818 sqft | AED 520KAED 520,000 · Jan 2019January 2019 | ||
| 912 | 1-bed | 788 sqft | AED 640KAED 640,000 · Dec 2015December 2015 | 75,000 /yr | |
| 913 | 2-bed | 1,117 sqft | AED 895KAED 895,000 · Dec 2015December 2015 | 80,000 /yr | |
| 914 | 2-bed | 883 sqft | AED 755KAED 755,000 · Nov 2016November 2016 | 43,000 /yr |
903, Red Residence in numbers
- Sold twice: first on 25 October 2015 for AED 705,509, last on 26 August 2024 for AED 560,000 (AED 679 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 34,000 in 2021 and recovered to AED 49,350 by February 2026.
- At AED 49,350 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 11,600 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 1 February 2026.
Questions about 903, Red Residence
What did unit 903 last sell for?
AED 560,000 on 26 August 2024: AED 679 per sqft for 824 sqft. The unit has 2 registered sales; the first was AED 705,509 in October 2015.
What is the rent for unit 903?
AED 49,350 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 65,000; the unit has been rented since August 2019.
How big is unit 903?
824 sqft (76.6 sqm): a one-bedroom apartment on the 9th floor of a 22-storey tower completed in 2014.
What is unit 903 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 903, Red Residence
Starts from the last sale price (AED 560K, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →