Dubai Land Department Off-Plan Register

Red Residence Launch Prices

Off-plan in Dubai Sports City · Developer launch registrations from the Dubai Land Department off-plan register

Buying off-plan? Run the free 6-step verification checklist before you pay a deposit. Verify first →
At a glance

Launch Summary

375 developer launch sales registered at Red Residence between May 2010 and May 2018: 100% apartments, most commonly 1-bed units, typically around 824 sqft.

Launch sales
375
DLD off-plan registrations, all time
Median launch /sqft
AED 912
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 309,5141,574,240
Min – max registered

Bed mix: Studio 9% · 1-bed 61% · 2-bed 30%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Red Residence, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2010 Q26AED 760
2010 Q32AED 905
2010 Q41AED 930
2011 Q247AED 977
2011 Q328AED 938
2011 Q422AED 978
2012 Q114AED 887
2012 Q21AED 900
2012 Q323AED 912
2012 Q43AED 1,028
2013 Q311AED 967
2013 Q41AED 669
2014 Q14AED 926
2014 Q213AED 961
2014 Q34AED 927
2014 Q47AED 942
2015 Q15AED 927
2015 Q26AED 841
2015 Q329AED 903
2015 Q459AED 913
2016 Q119AED 852
2016 Q227AED 844
2016 Q31AED 827
2016 Q45AED 790
2017 Q16AED 842
2017 Q218AED 660
2017 Q37AED 706
2018 Q12AED 879
2018 Q24AED 848
Two different markets

Launch vs Resale

Red Residence also has 239 ready-market resales registered with the DLD, the first on 9 April 2008 - 0 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
239
72 in the last 2 years
Resale median /sqft
AED 763
last 2 years
Resale vs launch
-16%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Red Residence →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
408 sqft · 30 May 2018
AED 345,000
AED 845 /sqft
Apartment · 1 Bed
788 sqft · 7 May 2018
AED 670,000
AED 850 /sqft
Apartment · 2 Bed
1,113 sqft · 7 May 2018
AED 825,000
AED 741 /sqft
Apartment · Studio
408 sqft · 18 April 2018
AED 350,000
AED 857 /sqft
Apartment · 1 Bed
817 sqft · 7 March 2018
AED 850,500
AED 1,041 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Dubai Sports City

Off-plan in Dubai Sports City

Compare this project with every other off-plan launch registered in Dubai Sports City, or see the community's resale market.

All Dubai Sports City projects

← Dubai Sports City resale prices

No saved transactions yet.
Tap the bookmark icon on any row to save it.