Dubai Sports City
Red Residence
M E DEVELOPMENT L.L.C · Selling since 2008 · recent sales mostly resales
Street View imagery near Red Residence, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 698/sqft
3yr CAGR
+5.5%
5yr projection (1,000 sqft)
AED 880,570
AED 433,027 to AED 1,522,024, from 16.2 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
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 registered at in Red Residence — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Red Residence over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Red Residence itself; the rest are homes of the same size in Dubai Sports City, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 620K | AED 57,500/yrthis building · 62 new lets | 9.3% | 16 |
| 2 beds | AED 835K | AED 76,000/yrthis building · 23 new lets | 9.1% | 11 |
What it returns after service charges
Starting from this building’s own owners-association budget for 2022 — AED 12/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 9,460 | AED 48,040 | 9.3% | 7.7% |
| 2 beds | AED 13,358 | AED 62,642 | 9.1% | 7.5% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Due diligence
Price vs. Dubai Sports City median
-44.0%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest school
586 m
Victory Heights Primary School
Nearest supermarket
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