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. 616 sales are registered with the Dubai Land Department, at a current PIX© price of AED 800 per sqft. At AED 800 per sqft, Red Residency prices 7% below the Dubai Sports City median of AED 859 per sqft on registered sales.

PIX© price · ↑7.1% YoY

716KAED

Typical

800AED

PSF

Gross yield

8.2%

PIX© rent ÷ PIX© price

Sale records

616

DLD · all time

Rent contracts

1,359

Ejari · all time

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

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 16.5 km

MallKarakeeb Outlet - Sport City0.5 km

SchoolISD PROSTYLE TENNIS0.2 km

HospitalAster Clinic, Sports City0.4 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

…

1 Bed on Floor 7, Red Residency

Size
Record: Jan 2019 to Sep 2024
Owners: 5
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
4Tenant 4	8 Sep 2024		12 mo	Owner 5
5Owner 5	4 Sep 2024		2.0 yrs	Current owner
3Tenant 3	8 Sep 2021		12 mo	Owner 4
2Tenant 2	18 Feb 2020		14 mo	Owner 4
4Owner 4	25 Nov 2019		4.8 yrs	Sold with tenant in place Mortgage
3Owner 3	9 Sep 2019		3 mo	Sold with tenant in place
1Tenant 1	18 Feb 2019		12 mo	Owner 2
2Owner 2	27 Jan 2019		7 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

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

1 Bed · Floor 7 · Red Residency

Nightly rateAED

Occupancy (237 nights)

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Red Residency800AED/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	716K	800	↑7.1%		59K	8.2%
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 Unknown) 1,194 sqft	1	-	-	-	-	-	-
Land
Land 61,330 sqft	-	-	-	-		-	-

Sales - Project-Wide616 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
15 Sep 2026	1 Bed	Red Residency · Floor 10	788	575,000	729	-39.4%	Entry Level	Standard Sale
14 Sep 2026	1 Bed	Red Residency · Floor 11	818	665,000	813	+51.1%	Standard	Standard Sale
16 Jul 2026	2 Bed	Red Residency · Floor 17	931	650,000	698	-	Entry Level	Standard Sale

Rentals - Project-Wide1,359 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
1 Oct 2026	1 Bed	Red Residency · Floor 16	788	50,000	63	-	Entry Level	CERTIFICATE
15 Sep 2026	2 Bed	Red Residency · Floor 19	1,117	79,000	71	-	Standard	CERTIFICATE
14 Sep 2026	2 Bed	Red Residency · Floor 14	931	63,273	68	-	Entry Level	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Red Residency

Compared with

Bermuda Views

PIX© PSF

860

Rank

#26 of 53

#25 of 53

Typical price

693K

Yield

8.8%

Units

333

236

Sales

153

Rents

694

479

Developer

M E DEVELOPMENT L.L.C

HMA EXEC LIMITED.

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Ice Hockey FALAK PROPERTIES · Completed	168					55	455
	Golf View Residence JAMAL MOHAMMED ALHASSAN & BACHAR BAKRI ALMRADI · Completed	133					54	289
	Elite Sports Residence 8 TRIPLANET RANGE 2 INVESTMENTS LIMITED · Completed	468					159	1,502
	Royal Residence 1 PAN GLOBAL DEVELOPMENT L.L.C · Completed	305					122	783
	Bermuda Views HMA EXEC LIMITED. · Completed	236					93	479
26	Red Residency M E DEVELOPMENT L.L.C · Completed	333	860	Subject	693K	8.8%	153	694
	Mediterranean DUBAI SPORTS CITY (L. L. C) · Completed	183					77	358
	Oasis Tower 1 BRIGHTON HOLDINGS LIMITED · Completed	251					65	586
	Elite Sports Residence 9 RANGE 3 INVESTMENTS LIMITED · Completed	288					76	967
	Elite Sports Residence TRIPLANET INTERNATIONAL (FZC) · Completed	3,487					1,143	11,584
	Golf Tower FALAK PROPERTIES · Completed	84					29	218

Community median 859 AED/sqft. Showing the closest-ranked peers of 53 ranked projects in the community. 6 community projects excluded for insufficient recorded sales. 23 excluded for trading only in the off-plan market. 7 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.

Frankfurt Sports TowerAED 800/sqft
Elite Sports Residence 3AED 808/sqft
Grand Horizon 1AED 809/sqft
Elite Sports Residence 1AED 791/sqft
Olympic Park 1AED 790/sqft
The MatrixAED 813/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 800 per sqft, or about AED 715,642 for a typical unit, based on 616 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 8.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,359 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 risen +7.1% over the last 12 months, to AED 800, across 616 registered sales.