About Red Residence
Red Residence is a residential tower by M E Development, in Dubai Sports City, Dubai. It rises 23 storeys (2 basement levels, a ground floor, 22 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 333 homes.
Key information
Developer
M E Development
- Handover
- Q2 2014
- Status
- Handed over
- Location
- Dubai Sports City, Dubai
- Master project
- Dubai Sports City
- Construction started
- 2009
- Number of buildings
- 1
- Number of units
- 333
- Villas
- 1
- Service charge
- AED 12/sqft
- Registered with DLD
- 08 Nov 2008
- Escrow bank
- Arab Bank for Investment & Foreign Trade (Al Masraf)
- Escrow account no.
- 1000253334
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2009
- Handed overQ2 2014
Construction progress
62 inspection photos from the Dubai Land Department. Latest 05 Feb 2017 at 100% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
22 Floors
333 Residential Units
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
614
Median price
AED 670K
Median price / sqft
AED 823+0%
Off-plan share
61%
Priced 13% below than the Al Hebiah Fourth median of AED 944/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 67 | 404 sqft | AED 350K | AED 869 |
| 1 Bed | 376 | 814 sqft | AED 652K | AED 807 |
| 2 Bed | 171 | 1,055 sqft | AED 872K | AED 829 |
Price per sqft by year
+0% since 2010AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 16 Jul 2026 | Resale | 931 sqft | AED 650K | AED 698 |
| 30 Jun 2026 | Resale | 788 sqft | AED 615K | AED 780 |
| 19 May 2026 | Resale | 788 sqft | AED 630K | AED 799 |
| 14 Apr 2026 | Resale | 931 sqft | AED 820K | AED 881 |
| 31 Mar 2026 | Resale | 824 sqft | AED 690K | AED 837 |
| 18 Mar 2026 | Resale | 758 sqft | AED 600K | AED 792 |
| 26 Feb 2026 | Resale | 818 sqft | AED 650K | AED 795 |
| 16 Feb 2026 | Resale | 934 sqft | AED 840K | AED 899 |
Unit mix
334 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 32 | 408 - 411 sqft |
| 1 B/R | 204 | 734 - 832 sqft |
| 2 B/R | 97 | 931 - 1,130 sqft |
| 3 B/R | 1 | 7,461 sqft |
Payment plan
Payment plans are set by M E and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Dubai Sports City, Dubai.
Dubai Sports City
Dubai, United Arab Emirates
Frequently asked questions
Red Residence has already been handed over (Q2 2014), according to Dubai Land Department records.
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