Apartments for sale in Red Residence

How many apartments are listed for sale in Red Residence?

On Bayut, the number of currently listed flats to buy in Red Residence is 11.

How much do the prices of an apartment for sale vary in Red Residence?

As per the listings on Bayut, you can buy flats in Red Residence within a budget of AED 450,000 to AED 1,050,000.

How much do apartments cost on average in Red Residence?

According to the last 6 months' listings on Bayut, a flat for sale in Red Residence has an average asking price of around AED 650,267. These asking prices may vary depending on the property size, type, condition, etc.

What are the prices of flats listed in Red Residence based on number of bedrooms?

Below is a breakdown of average prices of apartments listed in Red Residence based on number of bedrooms:

• Studio: AED 484,619
• 1 Bedroom: AED 671,845
• 2 Bedrooms: AED 1,078,967

Has the average asking sale price changed for flats in Red Residence?

The average asking price for apartments has witnessed a change of +13%. The change in price over the past 6 months can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring apartments near Red Residence?

You can explore the following areas to purchase an apartment near Red Residence:

• Motor City
• Dubai Studio City
• Jumeirah Village Circle (JVC)

Are there any good schools near Red Residence?

If you are seeking top schools near Red Residence, here's what is recommended:

• Renaissance School, Dubai Sports City
• Victory Heights Primary School
• GEMS United School

Are there any nurseries close to Red Residence?

Here's what you can find among the top nurseries:

• The Wonder Years Nursery Dubai Sports City
• Emirates British Nursery Motor City
• Building Blocks Nursery

How much ROI do apartments in Red Residence generate?

Investors can earn up to 8.96% return on investment in Red Residence. The value of ROI can vary depending on the property's size, location, amenities nearby and changes in market dynamics. 

What are the prices of apartments listed in locations close to Red Residence?

According to Bayut's listing data in the past 6 months, the average prices of flats listed in locations close to Red Residence are as follows:

• Motor City: AED 1,401,801
• Dubai Studio City: AED 1,046,261
• Jumeirah Village Circle (JVC): AED 1,223,895

How many sale transactions were recorded for apartments in Red Residence?

As per DLD's data for the last 12 months, the total number recorded for apartments sold in Red Residence is 31.

What is the average cost of an apartment sold in Red Residence?

According to DLD’s transactional data, apartments in Red Residence have sold at an average price of AED 678,710. Prices may go above or below the average depending on the apartment’s size, type, and location.

What is the cost of apartments sold in Red Residence based on number of bedrooms?

According to DLD, the average cost of apartments sold in Red Residence based on various bedroom categories is as follows:

• Studio: AED 465,000
• 1 Bedroom: AED 625,000
• 2 Bedrooms: AED 820,000

Did prices for an apartment in Red Residence experience any changes?

The prices of apartments in Red Residence reflect a change of -8% over the past 6 months. The change can be attributed to the prevailing market conditions.

How do transaction prices of apartments sold in areas close to Red Residence vary?

Below are average transaction prices of flats sold in areas close Red Residence as per DLD's records:

• Motor City: AED 1,278,334
• Dubai Studio City: AED 795,962
• Jumeirah Village Circle (JVC): AED 1,078,050