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Red Residence

A 1 bed in Red Residence costs a median AED 610,000, rents long-let for AED 57,000/yr (9.05% gross), and returns 16.29% short-let at the assumed 80% occupancy — +0.7 pts vs Dubai Sports City's 8.33% and +2.1 pts vs Dubai's 6.98% — from 45 sales and 138 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
18 in 12 months
Rental contracts · 1 bed
65 in 12 months
Buy
610,000AED
AED 793/sqft
Long-let
57,000AED
AED 72/sqft · 9.05%
Short-let
16.29%
AED 457/night · 0.57/sqft

Price per sqft: Median of 18 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread
+0.7 pts
vs the Dubai Sports City median for this unit type
Turnover upside
+18.8%
new tenants pay more than sitting ones — 95 renewals
AED/yr/sqft
AED 72
Sales
45
Rental contracts
138
Renewal rent
AED 48,000/yr
12 months
+0.0%
3 years
+32.6%+9.9%/yr

Based on 45 sales and 138 rental contracts in the last 24 months.

Red Residence is an apartment building in Dubai Sports City, Dubai. The closest metro station is Dubai Internet City, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 856 registered sales in all — the 45 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 36,000888.47%
-0.4 pts
15
1 bedAED 57,000729.05%
+0.7 pts
138
2 bedAED 75,000709.15%
+1.1 pts
47

Deltas compare each yield with the Dubai Sports City median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Red Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m3871.06AED 89,234AED 36,0002.5×21.90%8+
1 bed4570.57AED 99,375AED 57,0001.7×16.29%4+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.45 AED/night/sqft; latest Sep 2027, 0.41 AED/night/sqft; peak Dec 2026, 0.66 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Red Residence itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

32 resales in the last 12 months, against 45 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
16 Jul 20262 bed931AED 650,000698
30 Jun 20261 bed788AED 615,000780

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
15 Sept 20262 bed1,117AED 79,00071New
10 Sept 20261 bed734AED 50,00068New
5 Sept 20262 bed974AED 65,00067New
1 Sept 20261 bed831AED 53,00064New
1 Sept 20261 bed788AED 48,00061New
1 Sept 20261 bed788AED 55,00070New
20 Aug 20261 bed788AED 52,00066New
15 Aug 20261 bed734AED 50,00068New
15 Aug 20261 bed734AED 45,00061Renewal
10 Aug 20262 bed1,117AED 75,00067New
5 Aug 20261 bed788AED 60,00076Renewal
3 Aug 20261 bed788AED 38,95049Renewal
1 Aug 20261 bed788AED 52,00066Renewal
1 Aug 20262 bed1,113AED 80,00072Renewal
23 Jul 20261 bed824AED 52,00063New
20 Jul 20261 bed825AED 53,00064Renewal
20 Jul 20261 bed788AED 60,00076New
15 Jul 20261 bed758AED 54,00071New
11 Jul 20261 bed789AED 55,85071New
5 Jul 20261 bed824AED 54,00066New
5 Jul 20261 bed828AED 55,00066Renewal
23 Jun 20261 bed788AED 47,25060Renewal
16 Jun 20261 bed832AED 56,00067New
15 Jun 20261 bed734AED 52,00071Renewal
10 Jun 20261 bed818AED 57,00070Renewal
10 Jun 20261 bed818AED 63,00077Renewal
8 Jun 20261 bed818AED 54,00066New
6 Jun 20262 bed1,117AED 77,00069Renewal
4 Jun 20261 bed788AED 46,20059Renewal
3 Jun 20261 bed761AED 60,00079New
3 Jun 2026Studio411AED 38,00092New
1 Jun 20261 bed824AED 62,00075New
1 Jun 20262 bed931AED 65,00070Renewal
1 Jun 2026Studio411AED 28,60070Renewal
1 Jun 20261 bed734AED 55,00075New
1 Jun 20262 bed1,113AED 72,00065Renewal

36 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
22
Flats
333
Lifts
4
Parking bays
343
Swimming pools
1
Flats per lift
83.25
Parking per flat
1.03
Pools per 100 flats
0.3

Nearby

Metro
Dubai Internet City
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Dubai Sports City, on the same figures over the same window.

Common questions

What is the rental yield in Red Residence?
Red Residence returns 9.05% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 138 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Red Residence cost?
The median registered sale price is AED 610,000 (764 AED/sqft), from 45 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Red Residence selling for right now?
Registered sales of ready units in Red Residence over the last 12 months have a median of 793 AED/sqft, across 18 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Red Residence risen or fallen?
Median price per square foot moved +7.2% over the last 12 months against the 12 before it, on 45 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Red Residence compare with Dubai Sports City?
Its 9.05% gross yield sits +0.7 pts against the Dubai Sports City median of 8.33%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Red Residence rental record

Record type
Building-level property market record
Data date
Evidence base
138 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/dubai-sports-city/red-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Red Residence rents and yield.” Dubai Sports City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-sports-city/red-residence.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.