Red Residence
ريد ريزيدنسM E DEVELOPMENT L.L.C · Home sales since 2010 · mostly resales in the 12 months to 25 Sep 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Red Residence was AED 775/sqft in Sep 2026, from 5 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 333 units · 1 building · 1 villa · DLD target completion May 2014
Registered developer: M E DEVELOPMENT L.L.C (DLD no. 660)
Master developer: DUBAI SPORTS CITY (L. L. C) (DLD no. 200)
Escrow account with Al Masraf · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Dubai Sports City
Typical yearly rent of AED 52,000 across 8,808 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Red Residence, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
AED 775/sqft
Sep 2026 · 5 home sales
+9.8%
Jun 2023 to Sep 2026, scaled up to a year
83 months
Recorded home resales here fall in 83 months, Nov 2018 to Sep 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Red Residence — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Red Residence over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Red Residence itself. The rest are homes of the same size in Dubai Sports City, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 485K | AED 41,000/yrsame size in Dubai Sports City · 935 new lets | 8.5% | 3 |
| 1 bed | AED 620K | AED 56,000/yrthis building · 63 new lets | 9.0% | 20 |
| 2 beds | AED 840K | AED 76,000/yrthis building · 23 new lets | 9.0% | 9 |
What it returns after service charges
Starting from this building’s own owners’ association budget for 2026 — AED 16/sqft, as recorded with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| 1 bed | AED 12,945 | AED 43,055 | 9.0% | 6.9% |
Only the service charge is taken off.
Reserve fund: AED 1.8/sqft of the AED 16.4/sqft recorded for 2026.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Red Residence
How much does a home in Red Residence cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Red Residence was AED 620K for a 1-bedroom (20 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Red Residence?
The typical rent (the median: half of the rent contracts were above this, half below) in Red Residence is AED 56,000/yr for a 1-bedroom (63 new tenancies recorded in Red Residence itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Red Residence itself.
What rental yield does Red Residence give?
The yield before costs on completed homes in Red Residence is about 9.0% on a 1-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Red Residence selling off-plan or as resales?
0% of the 33 home sales recorded in Red Residence in the 12 months to 25 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Red Residence start selling?
The Land Department's register holds 629 home sales in Red Residence. The earliest was recorded in May 2010 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Dubai Sports City typical price
-33.7%
Priced at or below the area's typical price. Sep 2026: 5 sales here against 168 in the area.
Developer track record
630 recorded sales
Matched to M E DEVELOPMENT L.L.C, Apr 2008 to 25 Sep 2026.
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
High competitionWhen Red Residence handed over in May 2014, 8 other projects in Dubai Sports City had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 27 other projects in Dubai Sports City as not yet finished. None of the 8 listed below is among them.
Eagle Heights
SMART INVESTMENT LIMITED
The Medalist
GOLD VISION DEVELOPMENT LIMITED
Elite 5 Sports Residence
TRIPLANET INTERNATIONAL (FZC)
Coral International Hotel Apartment
ARABIAN INVESTMENTS LIMITED
The Matrix
T F G REAL ESTATE L.L.C
Champions Tower1
MRE GLOBAL INVESTMENT GROUP FZC
Elite 7 Sports Residence
TRIPLANET INTERNATIONAL (FZC)
Giovanni Boutique
NEO SOLUTIONS LIMITED
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
586 m
Victory Heights Primary School
278 m
Carrefour
Schools
- Victory Heights Primary School586 m
- Dwight School Dubai807 m
- Building Blocks Nursery1.4 km
- Nord Anglia International School2.4 km
Supermarkets
- Carrefour278 m
- Almaya299 m
- Grandiose551 m
- Waitrose587 m
Bus stops
- Bus stop328 m
- Bus stop1.6 km
- Bus stop1.9 km
- Bus stop2.0 km
Pharmacies
- Health first375 m
- Medon Pharmacy1.9 km
- Safeway Pharmacy1.9 km
- Life pharmacy2.1 km
Malls
- Joud Boulevard West769 m
- Joud Boulevard East789 m
- Me'aisem City Center2.6 km
- City Centre Meaisem2.6 km
Parks
- Eisbej Park Entrance1.6 km
- Eisbej1.6 km
- Khansoor Park1.7 km
- Qesad1.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Dubai Sports City
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Danube Properties
Sep 2026 · 9 home sales
Clear Vision Real Estate Development L.L.C
Sep 2026 · 5 home sales
Azizi Developments L.L.C
1–7 Oct 2026 · 7 home sales
Leos Development L.L.C
Jun 2026 · 12 home sales
Binghatti Developers Fze
Sep 2026 · 9 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Red Residence?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.