907, Red Residence
Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 907, Red Residence
What is 907 worth today?
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Source: Dubai Land Department. Updated 18 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 970 sqft
- Floor
- 9th of 22
- Parking
- B2-37
- Developer
- ME Development
- Completed
- 2014
- Service charge
- AED 13,700 /yr
- Last sold
- AED 695K · July 2024
- Building
- Red Residence
About 907, Red Residence
907 is a two-bedroom apartment of 970 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 18 July 2024 for AED 695,000, or AED 716 per sqft, 13% above the AED 632 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 July 2022, is AED 40,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 13,700 a year.
Sales and rents for 907 over time
907 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 907 sits
All 96 2-beds →907 last sold in July 2024 at AED 716 per sqft, 13% above what two-beds in Red Residence were fetching at the time (AED 632). 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. 907's AED 40,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 931 sqft | 650,000 | 697 | ||
| 14 Apr 202614 April 2026 | 931 sqft | 820,000 | 880 | ||
| 16 Feb 202616 February 2026 | 934 sqft | 840,000 | 899 | ||
| 17 Jan 202617 January 2026 | 934 sqft | 750,000 | 802 |
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
- 8.7%
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 | |
| 903 | 1-bed | 824 sqft | AED 560KAED 560,000 · Aug 2024August 2024 | 49,350 /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 | |
| 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 |
907, Red Residence in numbers
- Sold 3 times: first on 6 July 2011 for AED 1,016,333, last on 18 July 2024 for AED 695,000 (AED 716 per sqft).
- Rented since August 2018 on 3 Ejari contracts, from AED 58,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 13,700 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 18 July 2024.
Questions about 907, Red Residence
What did unit 907 last sell for?
AED 695,000 on 18 July 2024: AED 716 per sqft for 970 sqft. The unit has 3 registered sales; the first was AED 1,016,333 in July 2011.
What is the rent for unit 907?
AED 40,000 a year on the contract signed on 20 July 2022. The previous contract, from November 2020, was AED 40,000; the unit has been rented since August 2018.
How big is unit 907?
970 sqft (90.1 sqm): a two-bedroom apartment on the 9th floor of a 22-storey tower completed in 2014.
What is unit 907 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 907, Red Residence
Starts from the last sale price (AED 695K, 18 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 695,000
- Deposit, UAE resident (20%)
- AED 139,000
- Deposit, non-resident (40%)
- AED 278,000
- Monthly over 25 years at 3.7%
- AED 2,843
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →