Red Residence property prices & sales
Red Residence at a glance written from registered records
Red Residence recorded 33 registered sales in the last 12 months, worth AED 21.95M in total. The median price was AED 799 per sq ft, up 6.8% on the previous 12 months, and the median sale price was AED 630k. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 159 rental contracts registered in the same period, the median annual rent was AED 56,000, an indicative gross yield of 8.9%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 18 | 801 | AED 640,000 |
| 2025 | 50 | 761 | AED 627,500 |
| 2024 | 39 | 698 | AED 550,000 |
| 2023 | 45 | 577 | AED 480,000 |
| 2022 | 21 | 501 | AED 370,000 |
| 2021 | 15 | 463 | AED 335,000 |
| 2020 | 18 | 449 | AED 340,000 |
| 2019 | 36 | 583 | AED 465,000 |
| 2018 | 9 | 845 | AED 670,000 |
| 2017 | 31 | 717 | AED 700,000 |
| 2016 | 52 | 850 | AED 700,000 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| 1 B/R | 45 | AED 580,000 | AED 600,000 | AED 625,000 | 764 | 788 sq ft |
| 2 B/R | 24 | AED 787,500 | AED 830,000 | AED 850,000 | 758 | 1,113 sq ft |
| Studio | 7 | AED 375,000 | AED 415,000 | AED 455,000 | 1,041 | 408 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-25 | Unit | 1 B/R | Red Residence | 788 | AED 580,000 | 736 |
| 2026-09-24 | Unit | Studio | Red Residence | 408 | AED 415,000 | 1,017 |
| 2026-09-23 | Unit | 1 B/R | Red Residence | 761 | AED 590,000 | 775 |
| 2026-09-15 | Unit | 1 B/R | Red Residence | 788 | AED 575,000 | 729 |
| 2026-09-14 | Unit | 1 B/R | Red Residence | 818 | AED 665,000 | 813 |
| 2026-07-16 | Unit | 2 B/R | Red Residence | 931 | AED 650,000 | 698 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Red Residence
What is the average price per sq ft in Red Residence?
Over the last 12 months the median registered sale price in Red Residence was AED 799 per sq ft (+6.8% year on year).
What is the rental yield in Red Residence?
Comparing the median annual rent (AED 56,000) with the median sale price (AED 630,000) over the last 12 months gives an indicative gross yield of 8.9%.
How many properties sold in Red Residence in the last 12 months?
33 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Red Residence?
The median annual rent across 159 contracts registered in the last 12 months was AED 56,000.
Comparables in Dubai Sports City 12m
Red Residence ranks #58 of 68 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| The First Collection at Dubai Sports City | 94 | 3,491 |
| ASPIRZ By Danube | 533 | 2,309 |
| Condor Golf Links 18 | 79 | 1,882 |
| Mag 777 | 68 | 1,591 |
| Antalya By Karma | 100 | 1,493 |
| Binghatti Haven | 209 | 1,488 |
| Verde By Vision | 230 | 1,380 |
| Azizi Grand | 213 | 1,350 |
| Hadley Heights 2 | 192 | 1,314 |
| The Community - Sports Arena | 83 | 1,313 |
| Amal Tower | 67 | 1,000 |
| Hera Tower | 111 | 976 |
| Red Residence | 33 | 799 |
Project record
| Developer | M E Development L.L.C |
| Status | Finished |
| Completion | 100% |
| Handover | 2014-05-24 |
| Units | 333 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
