2-bed · 1,117 sqftRed Residence, Dubai Sports City · 9th floor · completed 2014

908, Red Residence

Sold prices and rental history: sold once, by the developer in November 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 13 November 2011
Last soldAED 1M13 November 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Red Residence

What is 908 worth today?

Last sold for AED 1,003,500 in 2011

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13 Nov 2011Sold by developerOff-plan
AED 1,003,500AED 898 per sqft

Source: Dubai Land Department. Updated 13 November 2011.

Key facts

Type
2-bed apartment
Size
1,117 sqft
Floor
9th of 22
Parking
B2-38
Developer
ME Development
Completed
2014
Service charge
AED 15,800 /yr
Last sold
AED 1M · November 2011

About 908, Red Residence

908 is a two-bedroom apartment of 1,117 sqft on the 9th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. The developer sold it on 13 November 2011 for AED 1,003,500, or AED 898 per sqft, 6% below the AED 958 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 908 over time

Sales
Unit 908, 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, November 2011: AED 1,003,500 (AED 898 per sqft)

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

Rents
Unit 908, each contractTypical two-bed in Red Residence
40K60K2018202120242027Typical 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 73,500

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 908 sits

All 96 2-beds →

908 last sold in November 2011 at AED 898 per sqft, 6% below what two-beds in Red Residence were fetching at the time (AED 958). 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.

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
8.7%
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
9031-bedAED 560K · Aug 2024
9041-bedAED 1.13M · Dec 2015
9051-bedAED 575K · May 2025
9062-bedAED 1.13M · Mar 2015
9072-bedAED 695K · Jul 2024
1–7 of 13

908, Red Residence in numbers

  • Sold once: by ME Development on 13 November 2011 for AED 1,003,500, or AED 898 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 13 November 2011.

Questions about 908, Red Residence

What did unit 908 last sell for?

AED 1,003,500 on 13 November 2011, sold by the developer: AED 898 per sqft for 1,117 sqft. It is the only registered sale of the unit.

How big is unit 908?

1,117 sqft (103.8 sqm): a two-bedroom apartment on the 9th floor of a 22-storey tower completed in 2014.

What is unit 908 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 908, Red Residence

Starts from the last sale price (AED 1M, 13 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,003,500
Deposit, UAE resident (20%)
AED 200,700
Deposit, non-resident (40%)
AED 401,400
Monthly over 25 years at 3.7%
AED 4,106

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