2-bed · 883 sqftRed Residence, Dubai Sports City · 9th floor · completed 2014

914, Red Residence

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 914 · DLD and Ejari recordsUpdated 10 December 2022
Last soldAED 755K15 November 2016
Current rentAED 43K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 914, Red Residence

What is 914 worth today?

Last sold for AED 755,000 in 2016

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10 Dec 2022RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
25 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
10 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
15 May 2019RentedNew contract
AED 51,000/yr12 months · AED 54 per sqft
15 Nov 2016SoldOff-plan
AED 755,000AED 855 per sqft
21 Sep 2010Sold by developerOff-plan
AED 821,750AED 882 per sqft

Source: Dubai Land Department. Updated 10 December 2022.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
9th of 22
Parking
B2-44
Developer
ME Development
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 755K · November 2016

About 914, Red Residence

914 is a two-bedroom apartment of 883 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 15 November 2016 for AED 755,000, or AED 855 per sqft, 4% above the AED 823 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 December 2022, is AED 43,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 12,500 a year.

Sales and rents for 914 over time

Sales
Unit 914, each saleTypical two-bed in Red Residence
500K750K1M2010201520202025Typical 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 2010: AED 821,750 (AED 882 per sqft)Sold, November 2016: AED 755,000 (AED 855 per sqft)

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

Rents
Unit 914, 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 73,500New contract, May 2019: AED 51,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, November 2021: AED 40,000 a yearNew contract, December 2022: AED 43,000 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 914 sits

All 96 2-beds →

914 last sold in November 2016 at AED 855 per sqft, 4% above what two-beds in Red Residence were fetching at the time (AED 823). 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. 914's AED 43,000 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
8.7%
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

914, Red Residence in numbers

  • Sold twice: first on 21 September 2010 for AED 821,750, last on 15 November 2016 for AED 755,000 (AED 855 per sqft).
  • Rented since May 2019 on 4 Ejari contracts, from AED 51,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 12,500 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 10 December 2022.

Questions about 914, Red Residence

What did unit 914 last sell for?

AED 755,000 on 15 November 2016: AED 855 per sqft for 883 sqft. The unit has 2 registered sales; the first was AED 821,750 in September 2010.

What is the rent for unit 914?

AED 43,000 a year on the contract signed on 10 December 2022. The previous contract, from November 2021, was AED 40,000; the unit has been rented since May 2019.

How big is unit 914?

883 sqft (82.0 sqm): a two-bedroom apartment on the 9th floor of a 22-storey tower completed in 2014.

What is unit 914 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 914, Red Residence

Starts from the last sale price (AED 755K, 15 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

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