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Sold for AED 600,000: 1-Bedroom Apartment in Red Residence

Located in Sports City, Dubai. Its price per sqft is −1% vs the Red Residence median (AED 801/sqft).

All Sports City salesRed Residence prices

Sale price

AED 600,000

Per sqft
AED 792
Registered
18 Mar 2026, 12:11 (Dubai)
Red Residence, Dubai

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in Red Residence: same layout, exact size (758 sqft) and parking bay B1-8. The registry has no unit numbers, so records are matched on these details.

  1. 18 Mar 2026This sale

    758 sqft · AED 792/sqft · Ready

    First recordAED 600,000

  2. 18 Mar 2026Mortgage

    Same day as previous · 758 sqft · AED 515/sqft · Ready

    35%lower than the previous recordAED 390,000
Records
2
Registered
Same day
as the mortgage, 18 Mar 2026
Loan to value
65%
AED 390K mortgage on the AED 600K sale

02 / The property

Property details

Size
758 sqft · 70.38 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B1-8
Nearest metro
Dubai Internet City
Nearest mall
Marina Mall
Nearest landmark
Sports City Swimming Academy

03 / Comparables

All sales in Red Residence (8 Jan 2026 – 25 Sept 2026)

18 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
25 Sept 2026580K−3% vs selected736−7% vs selected
24 Sept 2026415K−31% vs selected1,017+28% vs selected
22 Sept 2026590K−2% vs selected775−2% vs selected
15 Sept 2026575K−4% vs selected729−8% vs selected
14 Sept 2026665K+11% vs selected813+3% vs selected
16 Jul 2026650K+8% vs selected698−12% vs selected
30 Jun 2026615K+2% vs selected780−2% vs selected
19 May 2026630K+5% vs selected799+1% vs selected
14 Apr 2026820K+37% vs selected881+11% vs selected
30 Mar 2026690K+15% vs selected837+6% vs selected
1 BR · 758 sqftReadySelected sale
18 Mar 2026600K792
26 Feb 2026650K+8% vs selected7950% vs selected
16 Feb 2026840K+40% vs selected899+14% vs selected
5 Feb 2026670K+12% vs selected819+3% vs selected
17 Jan 2026750K+25% vs selected803+1% vs selected
15 Jan 2026590K−2% vs selected775−2% vs selected
12 Jan 2026620K+3% vs selected844+7% vs selected
8 Jan 2026950K+58% vs selected853+8% vs selected

04 / Renting it out

What similar apartments rent for

Median of 39 market rents of apartments of 644–871 sq ft in Sports City. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 58,000
Per sqft / yr
AED 75/sqft
Gross yield
9.7%