Red Residence

Completed 2014
333 units
22 floors
4 lifts
343 parking bays
1 pool

A one-bed here leases for about AED 55,925 a year, 7% below the typical Dubai Sports City one-bed. New tenants pay more than renewing ones, who pay AED 51,000.

New-lease rent · 1 bed: 55.9k; -3.6% · 66 leases
Rent per sqft · a year: 71; new leases
Renewals against new · 1 bed: -9%; 51.0k against 55.9k
Units on a lease: 48%; Dubai Sports City median 47%
Annual leases, 12 months: 160; new and renewed

Registered Dubai Land Department and Ejari records. dubaiwealthindex.com

DUBAI WEALTH INDEX · Red Residence · Dubai Sports City · For rent

02 / 06

01 · What it rents for · every unit type

What each unit type lets for, and what renewing tenants pay

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DUBAI WEALTH INDEX · Red Residence · Dubai Sports City · For rent

03 / 06

02 · Rent and price · 1 bed

How the price and the rent per sqft moved, year by year

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DUBAI WEALTH INDEX · Red Residence · Dubai Sports City · For rent

04 / 06

03 · Letting · all units

How much of Red Residence is let on a yearly lease, against its area

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DUBAI WEALTH INDEX · Red Residence · Dubai Sports City · For rent

05 / 06

04 · Supply · Dubai Sports City

How many homes are planned in Dubai Sports City, against the homes let today

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DUBAI WEALTH INDEX · Red Residence · Dubai Sports City · For rent

06 / 06

05 · Comparables · Dubai Sports City

How its rent compares with its neighbours, and what to check before signing

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