Red Residence
- Completed 2014
- 333 units
- 22 floors
- 4 lifts
- 343 parking bays
- 1 pool
A 1 bed in Red Residence costs a median AED 620,000, rents long-let for AED 55,925/yr (9.0% gross), and returns 13.8% short-term at the assumed 70% occupancy.
1 bed · typical price
620,000AED
AED 790/sqft · +6.4% on a year
- Rent a year
- AED 55,925
- Yield after service charge
- 6.9%
- vs Dubai Sports City
- 14% below the median
Cost to buy, all inAED 662,020
- Price
- AED 620,000
- DLD fee 4%
- AED 24,800
- Agent 2% + VAT
- AED 13,020
- Trustee
- AED 4,200
Fees repaid by net rent12 months
Is Red Residence a good investment?Pays above the Dubai median, prices rising and fees repaid within a year; rents are slipping
- Does it pay a good rent?9.0% gross, 6.9% after the service charge (Dubai median 6.8%)9.0%Strength
- Is it easy to let?48% of units signed a yearly lease in 12 months; the typical Dubai Sports City building manages 47%48%Fair
Dubai Sports City median 47% · top tenth from 71%Red Residence · 48% Across 49 Dubai Sports City buildings with 40 or more units, the median signed annual leases on 47% of units in 12 months and the top tenth on 71% or more; Red Residence is at 48%.
- Are rents going up?New 1 bed leases: AED 58,000 a year ago, AED 55,925 now-3.6%Watch
- Are prices going up?1 bed: AED 743/sqft a year ago, 790 now+6.4%Strength
- How fast do fees pay back?AED 42,020 in fees to buy a 1 bed; net rent covers it in 1.0 years1.0 yrsStrength
- Can I sell easily?32 sales in 12 months, 10% of the tower (43 the year before)32Fair
- Is a lot being built nearby?2,542 apartments are planned in Dubai Sports City from 2026 to 2028, equal to 30% of the 8,361 homes let there today. A further 2,869 are past their planned date. Dubai Sports City supply by year →30%Fair
- Did earlier buyers gain?Up 73% for buyers 5 years ago; launch buyers still 14% down, before fees+73.0%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Red Residence prices and rents by unit typeA one-bed costs about AED 620,000 and rents for about AED 55,925 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Sports City · area median AED 920/sqft
- 12-month change
- +6.4%
- 3 years
- +35.5% · +10.7%/yr
- 5 years
- +78.7% · +12.3%/yr
- vs area median
- -14.1%
- Rank by price per sqft
- 58th of 68
- Off-plan price gain, 2010–2018
- -12.2% · -1.1%/yr
Rental income
1 bed · Dubai Sports City
- Gross yield
- 9.0%
- Median new rent
- AED 55,925/yr
- Yield vs area median
- +0.6 pts
- Yield vs Dubai (6.8%)
- +2.3 pts
- Yield rank
- 7th of 49
- Renewal rent
- AED 51,000/yr
- New tenants pay vs sitting (40 renewals)
- +9.7%
Short-term income
1 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 457
- Net revenue
- AED 85,507/yr
- vs long-let rent
- 1.5×
- Listings seen
- 4+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 1 bed: May 2010, AED 609,750; latest, Sep 2026, AED 585,000; peak, Mar 2018, AED 850,500. Rent on new leases: Mar 2018, AED 49,500 a year; latest, Oct 2026, AED 50,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 801 · before fees
- Launch, 2010–18
- 934
- −14%
- 55 sales
- 5 years ago
- 463
- +73%
- 15 sales
- 3 years ago
- 577
- +39%
- 45 sales
- Previous 12 months
- 748
- +7%
- 43 sales
- Last 12 months
- 801
- today
- 32 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
32 resales in the last 12 months, against 45 a year on average over 2023–2025.
32 resales in the last 12 months.
Short-term rates around Red Residence
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Sports City
Every Dubai Sports City building with a page, ranked by price per sqft over the same 12 months, all unit types. Red Residence places 65th of 77; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Red Residence (AED 801/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Red Residence has registered sale prices 14% below the Dubai Sports City median price per square foot of 920 AED, across 68 eligible buildings. It ranks 58th of 68 by price per square foot and 7th of 49 by gross yield in Dubai Sports City.
Market context in Dubai Sports City
Registered sales activity
1,150 ready apartment sales in the 12 months to 2026-10-12.
+10.0% in median AED/sqft versus the preceding year, supported by 1,150 current and 1,496 prior price observations.
Explore sales activityPlanned apartment projects
415 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.
6 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,542 apartments are planned in Dubai Sports City from 2026 to 2028, equal to 30% of the 8,361 homes let there today.
Ready prices per sqft fell in 26% of 73 buildings (counted once per bedroom type) in Dubai Sports City with sales in both years; the typical one moved +2.5%.
The pooled median moved +10.0%: 7.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 49% of 75 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Red Residence
Red Residence is an apartment building completed in 2014 in Dubai Sports City with 333 registered units. 433 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 16.42/sqft a year · 2026 budget
- Floors
- 22
- Lifts
- 4
- Parking bays
- 343
- Pools
- 1
Drive times · typical
- Downtown
- 24 min · 24 km
- DXB Airport
- 25 min · 32 km
- DIFC
- 21 min · 27 km
- Dubai Marina
- 17 min · 16 km
- Palm Jumeirah
- 23 min · 20 km
Nearest, as registered
- Metro
- Dubai Internet City
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Red Residence: AED 801 per sq ft, 18% below the median Dubai Sports City building, and a 9.2% gross yield, above the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Red ResidenceAED 801
- Dubai Sports City, readyAED 946
- Dubai Sports City, off-planAED 1,464
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Red ResidenceDubai Sports City median building
- Dubai Sports City9.2% vs 8.3%
Nearby in Dubai Sports City
Prices per sq ft around Red Residence, on the mapPrices per sq ft around Red Residence, on the map
Hera Tower
Dubai Sports City · 111 sales, 12 months
642,000
AED, resale median · 976/sqft
Condor Golf Links 18
Dubai Sports City · 78 sales, 12 months
882,350
AED, resale median · 1,876/sqft
Amal Tower
Dubai Sports City · 64 sales, 12 months
563,806
AED, resale median · 1,004/sqft
Giovanni Boutique Suites
Dubai Sports City · 45 sales, 12 months
530,000
AED, resale median · 1,206/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedOn record
- Service chargeAED 16.42/sqft a year, 2026 owners-association budget; 6.9% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Red Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 2,757AED
- 4.5% over 25 years
- Monthly rent
- 4,660AED
- AED 55,925 a year
- Cash needed at purchase
- 175,220AED
- 20% down plus AED 51,220 in fees
Owning costs AED 224,878 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Red Residence?
- Red Residence returns 9.0% gross: a median new-contract rent of AED 55,925 a year (66 Ejari contracts in 12 months) over a price benchmark of AED 620,000 (median of 20 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Red Residence cost?
- The median registered sale price is AED 620,000 (790 AED/sqft), from 20 Dubai Land Department sales in the last 12 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 790 AED/sqft, across 20 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Red Residence risen or fallen?
- Median price per square foot moved +6.4% over the last 12 months against the 12 before it, on 20 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Red Residence compare with Dubai Sports City?
- Its 9.0% gross yield sits +0.6 pts against the Dubai Sports City median of 8.4%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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Red Residence sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 20 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/dubai-sports-city/red-residence
Cite as: Dubai Wealth Index. “Red Residence sale prices and yield.” Dubai Sports City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-sports-city/red-residence
Stable dataJSON