BuildingDubai Sports City · ME Development · 2014

Red Residence

Studios to two-beds in Dubai Sports City. 14 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 18 March 2026
Typical price per sqftAED 811Up 8.0% on the year
Typical saleAED 660K14 sales
Typical rentAED 60K /yrAED 72 per sqft
Typical yield8.9%AED 14.13/sqft charge

About Red Residence

Red Residence is a mid-rise apartment tower in Dubai Sports City, a mixed-use district known for its sporting venues and residential clusters off Hessa Street with quick access to Sheikh Mohammed Bin Zayed Road (E311). The building rises around 20 storeys above a three-level basement and was completed in 2015, offering freehold ownership in a relatively modern scheme. It sits close to Dubai International Stadium, the ICC Academy and The Els Club, placing everyday life in a distinctly sports-oriented setting. Homes in Red Residence are studios as well as 1-, 2- and 3-bedroom apartments, typically with contemporary finishes and large double‑glazed windows. The project was designed to international green building standards aimed at improving energy efficiency, and many units feature smart‑home readiness alongside broadband and satellite connectivity. On-site facilities include a lobby with 24-hour concierge, a gym and swimming pool, children’s play area, prayer room and secure access. Parking is provided across three underground levels, with additional street parking for visitors. Day-to-day amenities are well covered within Dubai Sports City, with casual dining, salons, pharmacies and nurseries found within a short drive or walk of the tower, and neighboring residential buildings forming a compact, active community. Public transport here is bus-led: the nearest stops, including those by the ICC Headquarters, connect via routes F34 and F37 to surrounding districts and to the Metro network at stations such as Mall of the Emirates and DMCC; the area itself does not yet have a Metro station. For drivers, Hessa Street provides the main gateway, with E311 reachable in under 10 minutes in typical traffic. The setting suits residents seeking apartment living near major sports facilities while remaining within commuting distance of employment hubs along Sheikh Zayed Road and in nearby communities. Rental activity in the building commonly features 1- and 2-bedroom layouts, reflecting its appeal to singles, couples and small families looking for a practical base in the district with building amenities and covered parking. The combination of energy‑efficiency measures, straightforward access to arterial roads and proximity to sports venues defines the lifestyle on offer at Red Residence.

330 apartments over 22 floors: 29 studios of 215 to 411 sqft, 193 one-beds of 197 to 832 sqft and 88 two-beds of 279 to 1,130 sqft. The service charge is AED 14.13 per sqft a year.

14 apartments sold in the 12 months to March 2026, at a median of AED 811 per sqft, up 8.0% on the year before. Most of the trading is in one-beds: 7 of the 14 sales, at AED 580,000 to 670,000. 36 rental contracts were registered over the same 12 months, at a typical AED 60,000 a year.

YallaValue estimates what the apartments in Red Residence are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.

Developer
ME Development
Completed
2014
Floors
22
Units
330
Unit types
Studio to 2-bed

Dubai Sports City, Dubai

Average prices in Red Residence

In Red Residence, typical sale prices over the last 12 months were around AED 485,000 for studios, AED 590,000 for one-beds and AED 845,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Red Residence

750800850900May 2026Nov 20262025-11-26: AED 1,188, Studio, 408 sqft2025-11-26: AED 855, 2-bed, 970 sqft2025-11-27: AED 788, 1-bed, 824 sqft2025-12-04: AED 760, 2-bed, 1,117 sqft2025-12-09: AED 772, 1-bed, 758 sqft2025-12-09: AED 775, 1-bed, 761 sqft2025-12-10: AED 761, 1-bed, 761 sqft2025-12-15: AED 902, 2-bed, 970 sqft2026-01-08: AED 853, 2-bed, 1,113 sqft2026-01-12: AED 844, 1-bed, 734 sqft2026-01-15: AED 775, 1-bed, 761 sqft2026-01-17: AED 802, 2-bed, 934 sqft2026-02-05: AED 819, 1-bed, 818 sqft2026-02-16: AED 899, 2-bed, 934 sqftTrend: AED 856 to AED 819

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Red Residence

  • Completed2-bed · 934 sqft 16 Feb 2026AED 840,000899 /sqft
  • Completed1-bed · 818 sqft 05 Feb 2026AED 670,000819 /sqft
  • Completed2-bed · 882 sqft 17 Jan 2026AED 750,000849 /sqft
  • Completed1-bed · 761 sqft 15 Jan 2026AED 590,000775 /sqft
  • Completed1-bed · 734 sqft 12 Jan 2026AED 620,000844 /sqft
  • Completed1,113 sqft 08 Jan 2026AED 950,000853 /sqft
  • Completed2-bed · 969 sqft 15 Dec 2025AED 875,000902 /sqft
  • Completed1-bed · 761 sqft 10 Dec 2025AED 580,000762 /sqft
  • Completed1-bed · 761 sqft 09 Dec 2025AED 590,000775 /sqft
  • Completed1-bed · 757 sqft 09 Dec 2025AED 585,000772 /sqft

Over the last 12 months, Red Residence has recorded 14 apartment sales. Typical homes sold for around AED 660K (about AED 811 per sqft) with a median size of 821 sqft; most were one-beds, from roughly AED 485K to AED 950K.

1–10 of 617

Units in Red Residence

330 units
  • Unit 1011-bed · 758 sqftSold AED 435K, May 2023
  • Unit 1021-bed · 734 sqftSold AED 600K, Apr 2016
  • Unit 103Studio · 408 sqftSold AED 350K, Oct 2023
  • Unit 1041-bed · 832 sqftSold AED 620K, Apr 2025
  • Unit 1051-bed · 809 sqftSold AED 713K, Mar 2016
  • Unit 106Studio · 401 sqftSold AED 375K, Sep 2015
  • Unit 1071-bed · 722 sqftSold AED 600K, May 2016
  • Unit 1081-bed · 758 sqftSold AED 265K, Jan 2020
  • Unit 1092-bed · 284 sqftSold AED 748K, Jun 2015
  • Unit 1101-bed · 761 sqftSold AED 266K, Jan 2020
1–10 of 330
Every unit in Red Residence, by number

By type: studios (29), one-beds (193), two-beds (88).

Nearby in Dubai Sports City

All 80 →
BuildingSale /sqftYield
Hera TowerAED 96812.2%
Elite 5 Sports ResidenceAED 83610.1%
Kensington RoyaleFew sales
The MatrixAED 9727.7%
The BridgeAED 1,2677.2%
1–5 of 79 · nearest first

Red Residence in numbers

  • Across 14 DLD sales in the 12 months to March 2026, the median price in Red Residence was AED 811 per sqft and the typical home sold for about AED 660K.
  • Completed in 2014 by ME Development; 22 floors of studios to two-beds; service charge AED 14.13 per sqft a year.
  • One-beds of 197 to 832 sqft sold for AED 580,000 to 670,000 between November 2025 and February 2026, a median AED 775 per sqft.
  • An one-bed of 197 to 832 sqft rents for AED 45,100 to 75,000 a year on the 24 contracts registered in the last 12 months.
  • Gross rental yield 8.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2026.

Questions

How much does an one-bed in Red Residence cost?

7 one-beds sold in the 12 months to March 2026, for AED 580,000 to 670,000; the median was AED 590,000, or AED 775 per sqft. Across all 14 sales in Red Residence, of every type, the median was AED 660,000, or AED 811 per sqft.

How much is an one-bed for rent in Red Residence?

About AED 58,000 a year: that is the median of the 24 contracts for one-beds registered with Ejari in the 12 months to March 2026, from AED 45,100 to 75,000. Across all 36 contracts in Red Residence, of every type, the median was AED 59,700 a year.

What is my apartment in Red Residence worth?

YallaValue keeps an estimate for the apartments in Red Residence, home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google. For a guide before that: 7 one-beds sold for AED 580,000 to 670,000 in the 12 months to March 2026.

What is the rental yield in Red Residence?

About 8.9% gross across the building, from about 9.3% for one-beds to 8.0% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Red Residence gone up?

The median price per sqft rose from about AED 751 to AED 811 over the 12 months to March 2026, up 8.0%, on 14 sales against 46 the year before.

What is the service charge in Red Residence?

AED 14.13 per sqft a year, on the 2025 rate we hold on record. For a typical 821 sqft home that is about AED 11,600 a year.

Who built Red Residence and when?

ME Development; completed in 2014; 22 floors; 330 apartments.

How many apartments are there in Red Residence?

330, studios to two-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

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