Red Residency

Completed|334 units · 1 tower · 1 villa

Red Residency is a completed development by M E DEVELOPMENT L.L.C in Dubai Sports City, comprising 334 registered units. 620 sales are registered with the Dubai Land Department, at a current PIX© price of AED 803 per sqft. At AED 803 per sqft, Red Residency prices 7% below the Dubai Sports City median of AED 867 per sqft on registered sales.

PIX© price · ↓1.9% YoY

709KAED

Typical

803AED

PSF

Gross yield

7.9%

PIX© rent ÷ PIX© price

Sale records

620

DLD · all time

Rent contracts

1,399

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationDubai Sports City

Drive times · typical

Downtown Dubai22 min · 21.8 km

DXB Airport27 min · 37.2 km

DIFC27 min · 25.8 km

Dubai Marina18 min · 16.9 km

Palm Jumeirah20 min · 18.4 km

Nearby · straight-line

Metro stationJumeirah Golf Estates6.5 km

MallMe'aisem City Center2.6 km

SchoolVictory Heights Primary School0.6 km

HospitalMediclinic Parkview3.8 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 7

…

Studio on Floor 7, Red Residency

Size
Record: Jul 2011 to Oct 2026
Owners: 5
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Tenant 4	1 Oct 2026		Owner 5
5Owner 5	22 Sep 2025	13 mo	Current owner
4Owner 4	2 Jul 2024	15 mo	Sold with tenant in place
3Tenant 3	1 Jun 2024	12 mo	Owner 3
2Tenant 2	1 Jun 2021	3.8 yrs	Owner 3
3Owner 3	4 Nov 2019	4.7 yrs	Mortgage
1Tenant 1	25 Dec 2018	6 mo	Ended early Owner 2
2Owner 2	30 May 2018	17 mo
1Owner 1	12 Jul 2011	6.9 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 7 · Red Residency

Nightly rateAED

Occupancy (237 nights)

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Red Residency803AED/sqft · project-wide

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	709K	803	↓1.9%		56K	7.9%
Residential
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	-	-	-	-	-	-
Villa, bedrooms not recorded 1,194 sqft	1	-	-	-	-	-	-
Land
Land 61,330 sqft	-	-	-	-		-	-

Sales - Project-Wide620 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
23 Oct 2026	1 Bed	Red Residency · Floor 1	761	630,000	828	-	Premium	Standard Sale
25 Sep 2026	1 Bed	Red Residency · Floor 17	788	580,000	736	+5.5%	Entry Level	Standard Sale
24 Sep 2026	Studio	Red Residency · Floor 1	408	415,000	1,017	+10.6%	Standard	Standard Sale

Rentals - Project-Wide1,399 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
10 Nov 2026	1 Bed	Red Residency · Floor 8	831	44,000	53	-	Entry Level	CERTIFICATE
1 Nov 2026	1 Bed	Red Residency · Floor 7	761	51,000	67	-	Entry Level	CONTRACT
31 Oct 2026	Studio	Red Residency · Floor 6	408	38,000	93	-	Standard	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Red Residency

Compared with

Olympic Park 3

PIX© PSF

845

Rank

#33 of 54

#32 of 54

Typical price

688K

Yield

9.0%

Units

333

161

Sales

153

100

Rents

705

275

Developer

M E DEVELOPMENT L.L.C

GULF GENERAL INVESTMENTS CO. (P.S.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Royal Residence 1 PAN GLOBAL DEVELOPMENT L.L.C · Completed	305					122	792
	Royal Residence 2 PAN GLOBAL DEVELOPMENT L.L.C · Completed	196					90	476
	Frankfurt Sports Tower SUMSUM DEVELOPERS LIMITED · Completed	224					105	476
	Elite Sports Residence TRIPLANET INTERNATIONAL (FZC) · Completed	3,487					1,155	11,737
	Olympic Park 3 GULF GENERAL INVESTMENTS CO. (P.S.C) · Completed	161					100	275
33	Red Residency M E DEVELOPMENT L.L.C · Completed	333	845	Subject	688K	9.0%	153	705
	Golf Tower FALAK PROPERTIES · Completed	84					29	228
	Elite Sports Residence 9 RANGE 3 INVESTMENTS LIMITED · Completed	288					79	961
	Champions Tower 1 MRE GLOBAL INVESTMENT GROUP FZC · Completed	135					63	349
	Global Golf Residences 2 EMPIRE ARABIA REAL ESTATE DEVELOPERS L.L.C · Completed	351					163	882
	The Matrix TFG CORPORATE HOLDINGS LIMITED · Completed	384					106	1,145

Community median 867 AED/sqft. Showing the closest-ranked peers of 54 ranked projects in the community. 6 community projects excluded for insufficient recorded sales. 22 excluded for trading only in the off-plan market. 6 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai Sports City

The closest-priced registered projects in Dubai Sports City.

Elite Sports Residence 5AED 801/sqft
The MatrixAED 811/sqft
Elite Sports Residence 2AED 811/sqft
Elite Sports Residence 3AED 791/sqft
Hamza TowerAED 788/sqft
Hub Canal 1AED 787/sqft

Common questions about Red Residency

Answered from Dubai Land Department registered transactions.

How much does a property in Red Residency cost?

Property in Red Residency sells at a current PIX© price of AED 803 per sqft, or about AED 708,896 for a typical unit, based on 620 sales registered with the Dubai Land Department.

Is Red Residency completed?

Yes. Red Residency is recorded as completed in the Dubai Land Department project register.

Who is the developer of Red Residency?

Red Residency 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 Residency?

Red Residency yields 7.9% gross, calculated from current PIX© rent against current PIX© sale price, across 1,399 registered Ejari contracts.

How many units are in Red Residency?

Red Residency holds 334 registered units, per the Dubai Land Department unit register.

Have prices in Red Residency gone up or down?

Price per sqft has fallen -1.9% over the last 12 months, to AED 803, across 620 registered sales.