Red Residence

P1 — Delivered Off-Plan Primary
Developer Middle East Development (MED)
Community Dubai Sports City
Property type Apartment
Data updated Mar 30, 2026

Red Residence is a Delivered development by Middle East Development (MED) in Dubai Sports City. 332 units across 1 Bedroom (61%), 2 Bedroom (29%), Studio (10%). Over the trailing 12 months, 620 sales at a median of AED 650,000.

Key Metrics
Median Price
Value
AED 650,000
Change
12.1% YoY
Transactions
Value
620
Change
46 in period
Price / sqft
Value
AED 778
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 650,000
↑ 12.1% YoY
Transactions
620
↑ 46 in period
Price / sqft
AED 778
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
9.6%
Holding Period
Value
2.6 yrs
Liquidity
Value
13.9%
Price Dispersion
Value
13.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
50.3%
Capital Return
9.6%
Holding Period
2.6 yrs
Liquidity
13.9%
Price Dispersion
13.1%
Ready Market Mix
0.0%
Rental Activity
50.3%

Rental Performance

Rental Volume
Value
1,279
Avg Annual Rent
Value
AED 44,674
New Leases
Value
67.9%
Renewals
Value
32.1%
Rental Volume
1,279
Avg Annual Rent
AED 44,674
New Leases
67.9%
Renewals
32.1%

Unit Mix

By bedroom type
Studio 32 units · 10%
1 Bedroom 204 units · 61%
2 Bedroom 96 units · 29%

Transaction Breakdown

All time — 620 transactions
Off-Plan Primary
312
Off-Plan Secondary
72
Ready Primary
18
Ready Secondary
218

Price History

Median Price — Red Residence

Median prices in Red Residence have softened, declining 7% to AED 645K over the past 12 months.

Recent Transactions

Showing last 10 of 620
Date Type Price (AED) Size (sqft) AED/sqft
Mar 30, 2026 RP Secondary 690,000 824 837
Mar 18, 2026 RP Secondary 600,000 757 792
Feb 26, 2026 RP Secondary 650,000 818 794
Feb 16, 2026 RP Secondary 840,000 934 899
Feb 05, 2026 RP Secondary 670,000 818 819
Jan 17, 2026 RP Secondary 750,000 934 802
Jan 15, 2026 RP Secondary 590,000 761 775
Jan 12, 2026 RP Secondary 620,000 734 844
Jan 08, 2026 RP Secondary 950,000 1,113 853
Dec 15, 2025 RP Secondary 875,000 969 902

This project is in Dubai Sports City

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Dubai Sports City analysis →