Alerts: Get notified of every new DLD-registered sale and rental contract.
Red Residence is a completed mixed residential development by M E DEVELOPMENT L.L.C in Dubai Sports City, Al Hebiah Fourth, comprising 334 registered units. 606 sales are registered with the Dubai Land Department, at a current PIX© price of AED 810 per sqft. At AED 810 per sqft, Red Residence prices 44% below the Dubai Sports City average of AED 1,439 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 408 – 7,461 sqft | 334 | 721K | 810 | ↑20.4% | 61K | 8.5% | |
Studio · Apartment 408 – 411 sqft | 32 | ||||||
1 Bed · Apartment 734 – 832 sqft | 204 | ||||||
2 Bed · Apartment 931 – 1,130 sqft | 96 | ||||||
3 Bed · Apartment 7,461 sqft | 1 | — | — | — | — | — | — |
2 Bed · Villa 1,194 sqft | 1 | — | — | — | — | — | — |
Villa (Bedrooms Unknown) 61,330 sqft | — | — | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 16 Jul 2026 | 2 Bed | Floor 17 | 931 | 650,000 | 698 | — | Entry Level | Standard Sale |
| 30 Jun 2026 | 1 Bed | Floor 10 | 788 | 615,000 | 780 | +36.7% | Entry Level | Standard Sale |
| 19 May 2026 | 1 Bed | Floor 13 | 788 | 630,000 | 799 | -22.8% | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 345 rentals |
| Floors 1-8 | 165 rentals |
| Floors 9-22 | 180 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 15 Aug 2026 | 1 Bed | Floor 5 | 734 | 50,000 | 68 | 0.0% | Entry Level | new |
| 15 Aug 2026 | 1 Bed | Floor 8 | 734 | 45,000 | 61 | 0.0% | Entry Level | renewal |
| 10 Aug 2026 | 2 Bed | Floor 20 | 1,117 | 75,000 | 67 | -6.2% | Entry Level | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Dubai Sports City
The closest-priced registered projects in Dubai Sports City.
- Coral International Hotel ApartmentAED 819/sqft
- Grand Horizon 1AED 800/sqft
- Elite 9 Sports ResidenceAED 823/sqft
- Hamza TowerAED 797/sqft
- Champions Tower1AED 824/sqft
- Canal Residence West (Phase 1)AED 828/sqft
Common questions about Red Residence
Answered from Dubai Land Department registered transactions.
How much does a property in Red Residence cost?
Property in Red Residence sells at a current PIX© price of AED 810 per sqft, or about AED 721,128 for a typical unit, based on 606 sales registered with the Dubai Land Department.
Is Red Residence completed?
Yes. Red Residence is recorded as completed in the Dubai Land Department project register (completed q4 2015).
Who is the developer of Red Residence?
Red Residence is developed by M E DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Red Residence?
Red Residence yields 8.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,333 registered Ejari contracts.
How many units are in Red Residence?
Red Residence holds 334 registered units, per the Dubai Land Department unit register.
Have prices in Red Residence gone up or down?
Price per sqft has risen +20.4% over the last 12 months, to AED 810, across 606 registered sales.