1-bed · 824 sqftRed Residence, Dubai Sports City · 9th floor · completed 2014

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.

Unit 903 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 560K26 August 2024
Current rentAED 49K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Red Residence

What is 903 worth today?

Last sold for AED 560,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2026RentedRenewal
AED 49,350/yr12 months · AED 60 per sqft
1 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
1 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
26 Aug 2024SoldReady
AED 560,000AED 679 per sqft
1 Nov 2021RentedNew contract
AED 34,000/yr12 months · AED 41 per sqft
20 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
25 Oct 2015Sold by developerOff-plan
AED 705,509AED 855 per sqft

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

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

Sales
Unit 903, 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, October 2015: AED 705,509 (AED 855 per sqft)Sold, August 2024: AED 560,000 (AED 679 per sqft)

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

Rents
Unit 903, each contractTypical one-bed in Red Residence
40K60K2018202120242027Typical 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 55,000New contract, August 2019: AED 40,000 a yearNew contract, November 2021: AED 34,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, February 2025: AED 65,000 a yearRenewal, February 2026: AED 49,350 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 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 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
8.8%
Red Residence, Dubai Sports City: prices, sales and rents →

Other units on the 9th floor

All 330 units in Red Residence
Value
9012-bedAED 1.32M · Jun 2015
9021-bedAED 660K · Jul 2017
9041-bedAED 1.13M · Dec 2015
9051-bedAED 575K · May 2025
9062-bedAED 1.13M · Mar 2015
9072-bedAED 695K · Jul 2024
9082-bedAED 1M · Nov 2011
1–7 of 13

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.

Selling 903? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

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 →