Red Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Middle East Development
334
Total Units
331
Sold
⃃ 640,000
Median Price
⃃ 780
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Feb, 2017

Red Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio32410 sqft - 410 sqft⃃ 0.5M (1,190 /sqft)⃃ 1,450 /sqft
-18.15
1 Bed204730 sqft - 830 sqft⃃ 0.6M (790 /sqft)⃃ 1,260 /sqft
-37.48
2 Beds97930 sqft - 1,190 sqft⃃ 0.8M (850 /sqft)⃃ 1,300 /sqft
-34.23
3 Beds17,460 sqft - 7,460 sqft⃃ 1,650 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Red ResidenceAl Hebiah Fourth
Jan 2018—1.0K
Feb 2018716955
Mar 2018—1.0K
Apr 2018858896
May 2018846911
Jun 2018—895
Jul 2018—879
Aug 2018—805
Sep 2018—910
Oct 2018—819
Nov 2018674649
Dec 2018999667
Jan 2019598738
Feb 2019602752
Mar 2019784759
Apr 2019611710
May 2019637716
Jun 2019660705
Jul 2019607734
Aug 2019526691
Sep 2019510766
Oct 2019571656
Nov 2019543913
Dec 2019508993
Jan 2020416712
Feb 2020657719
Mar 2020523718
Apr 2020—565
May 2020—491
Jun 2020—795
Jul 2020—547
Aug 2020450492
Sep 2020439850
Oct 2020444849
Nov 2020—828
Dec 2020364627
Jan 2021442649
Feb 2021—848
Mar 2021463861
Apr 2021490604
May 2021420878
Jun 2021442895
Jul 2021—799
Aug 2021449814
Sep 2021562801
Oct 2021730954
Nov 2021—896
Dec 2021—847
Jan 2022447847
Feb 2022—802
Mar 20224991.2K
Apr 2022507797
May 2022463828
Jun 2022490865
Jul 2022535877
Aug 2022539755
Sep 2022—877
Oct 2022528817
Nov 2022493776
Dec 2022674759
Jan 2023645704
Feb 20235151.1K
Mar 20235391.0K
Apr 20234851.0K
May 2023558776
Jun 2023572899
Jul 2023594905
Aug 2023565831
Sep 2023578850
Oct 2023566890
Nov 20236191.0K
Dec 20236301.0K
Jan 20246601.1K
Feb 20246661.1K
Mar 20246641.5K
Apr 20246981.5K
May 20246771.4K
Jun 20246491.5K
Jul 20247201.4K
Aug 20247191.4K
Sep 20247971.2K
Oct 20247291.2K
Nov 20247271.1K
Dec 20241.2K1.1K
Jan 20257531.0K
Feb 20257491.0K
Mar 20257771.5K
Apr 20257461.3K
May 20257351.2K
Jun 20257631.4K
Jul 20257291.3K
Aug 20257731.3K
Sep 20258251.2K
Oct 20257821.3K
Nov 20258371.4K
Dec 20257721.5K
Jan 20268241.4K
Feb 20268191.4K
Mar 20268141.4K
Apr 20268811.4K
May 20267991.3K
Jun 20267801.3K
Jul 20266981.3K
Aug 2026—1.3K
Sep 20267751.2K
Oct 2026—1.4K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
3Apartment227,461 sqft215.25 sqft
1Apartment3831 sqft5.84 sqft
1Apartment5761 sqft4.69 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment734 sqft6.41 sqft⃃ 804,550⃃ 1,096 /sqft30, Jun 2015
1Apartment734 sqft6.43 sqft⃃ 735,000⃃ 1,001 /sqft08, Dec 2014
1Apartment831 sqft5.84 sqft⃃ 713,030⃃ 881 /sqft22, Mar 2016
1Apartment828 sqft6.09 sqft⃃ 707,268⃃ 881 /sqft22, Mar 2016
1Apartment825 sqft5.83 sqft⃃ 671,200⃃ 814 /sqft03, Jun 2015
1Apartment761 sqft4.69 sqft⃃ 650,000⃃ 854 /sqft29, Nov 2015
1Apartment832 sqft5.84 sqft⃃ 620,000⃃ 745 /sqft02, Apr 2025
1Apartment734 sqft6.41 sqft⃃ 600,000⃃ 817 /sqft18, May 2016
1Apartment734 sqft6.43 sqft⃃ 600,000⃃ 817 /sqft13, Apr 2016
1Apartment758 sqft4.83 sqft⃃ 600,000⃃ 792 /sqft18, Mar 2026
1Apartment758 sqft4.81 sqft⃃ 435,000⃃ 574 /sqft12, May 2023
1Apartment761 sqft4.71 sqft⃃ 266,390⃃ 350 /sqft08, Jan 2020
2Apartment974 sqft7.82 sqft⃃ 747,640⃃ 768 /sqft03, Jun 2015
2Apartment934 sqft7.8 sqft⃃ 630,000⃃ 675 /sqft02, Feb 2024
StudioApartment408 sqft5.76 sqft⃃ 415,000⃃ 1,017 /sqft24, Sep 2026

Red Residence Real Estate Data – FAQ

  • What is the current property supply in Red Residence?

    Red Residence has a total residential supply of approximately 98 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Red Residence?

    Red Residence recorded 30 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Red Residence?

    The median transaction price in Red Residence is ⃃ 800 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Red Residence?

    The gross rental yield in Red Residence is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Red Residence?

    Property prices in Red Residence have shown a capital appreciation of 7.1% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Red Residence?

    There are currently 0 active off-plan projects in Red Residence, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Red Residence?

    The total off-plan pipeline in Red Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Red Residence a good area for property investment?

    Red Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 8%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Red Residence, this is 8%, indicating relatively strong income performance compared to global markets.