Apartments for rent in Red Residency

Your Guide to Apartments for Rent in Red Residency, Dubai Sports City

Red Residency in Dubai Sports City is a 22-floor residential building completed in 2016, offering affordable flats for rent with sizes ranging from 730 to 1,100 sqft. This well-connected location features properties with balconies, built-in wardrobes, central AC, covered parking, and security. Residents benefit from shared amenities including a gym, pool, and a lobby, making it an attractive option for long-term rental and family living.

Market Overview

Flats for rent in Red Residency, Dubai Sports City, offer affordable yearly rents averaging AED 74,000, well below the community average of AED 271,000. Most properties have balconies, built-in wardrobes, central AC, covered parking, and security, along with shared gyms, pools, and lobbies. Sizes range from 730 to 1,100 sqft, providing comfortable living spaces in a 22-floor building completed in 2016. This makes it ideal for long-term rental and expat housing.

Property Prices in Red Residency, Dubai Sports City

Flats for rent in Red Residency, Dubai Sports City, offer affordable yearly prices starting from AED 45,000, with an average annual rent of around AED 74,000. Most units range in size from 730 to 1,100 sqft, making 1- and 2-BHK flats popular choices for families and long-term rental seekers looking for comfortable living in a well-connected location.

• 1 BHK for rent in Red Residency, Dubai Sports City – approx. 72000 AED per year, 730 to 820 sq ft

Why Rent Apartments in Red Residency, Dubai Sports City?

Comfortable Living

Flats for rent in Red Residency, Dubai Sports City offer affordable yearly prices with spacious units ranging from 730 to 1100 sqft. Most properties feature balconies, built-in wardrobes, central AC, and covered parking, providing a comfortable lifestyle.

Family-Friendly Community

This 22-floor building attracts families and professionals who value security, a lobby area, and shared amenities such as a gym and pool. The environment supports long-term rental needs with a peaceful and well-maintained setting.

Attractive Investment Potential

With an 8% rental yield, flats for rent in Red Residency present a competitive option for investors seeking affordable residential property in a popular neighbourhood within Dubai Sports City.

Who Should Consider Living in Red Residency, Dubai Sports City

Young Professionals

Ideal for professionals seeking affordable flats with amenities and parking.

Small Families

Suitable for families wanting a comfortable home with security and pool access.

Investors

Perfect for investors targeting strong rental yields in a well-connected location.

Amenities in Red Residency, Dubai Sports City

• Flats for rent in Red Residency offer balconies and built-in wardrobes for comfortable living
• Central AC and covered parking are available in most buildings for residents' convenience
• The building features a lobby, 24-hour security, and a shared gym and pool for residents' use and safety

Accessibility & Transport in Red Residency, Dubai Sports City

Red Residency in Dubai Sports City offers residents convenient access to major roads including Al Khail Road and Sheikh Zayed Road, facilitating smooth travel across Dubai. Its location ensures easy connectivity to key business hubs such as Dubai Media City and Dubai Internet City, making it ideal for professionals and families alike.

Public transport options near Red Residency include nearby metro stations on the Dubai Metro network and several bus routes, providing residents with flexible commuting choices. This well-connected area supports both long-term rental and expat housing needs, combining accessibility with a vibrant community atmosphere.

Pros & Cons of Renting Apartments in Red Residency, Dubai Sports City

Pros

• Affordable yearly rent compared to the Dubai average, making it suitable for budget-conscious tenants.
• Most flats come with balconies, built-in wardrobes, central AC, and covered parking, enhancing comfort and convenience.
• The building offers shared amenities such as a gym, pool, and security, supporting a healthy and secure lifestyle.
• Located in a 22-floor building completed in 2016, providing relatively modern residential property options.
• Strong rental yield of 8% makes it attractive for investors seeking investment property in Dubai Sports City.

Cons

• Yearly rent, while affordable, may still be a consideration for some compared to other more economical areas.
• Limited property size range from 730 to 1100 sqft may not suit larger families seeking spacious homes.
• Being a mid-rise building, it may not offer the panoramic views available in taller developments or more premium locations.
• Dubai Sports City can experience traffic congestion during peak hours, which may affect daily commutes.

FAQs about Apartments for Rent in Red Residency, Dubai Sports City

Q: What is the price range for flats for rent in Red Residency, Dubai Sports City?

A: Flats for rent in Red Residency offer affordable yearly prices starting from AED 45,000, with an average yearly rent around AED 74,000. This is significantly lower than the Dubai country average of AED 271,000, making it a competitive option for renters.

Q: Are the flats in Red Residency furnished or unfurnished?

A: Most flats in Red Residency come unfurnished, allowing tenants to personalize their living space. Units typically include built-in wardrobes, central AC, and balconies, providing essential features for comfortable living.

Q: Is Red Residency suitable for families and expats?

A: Yes, Red Residency is suitable for families and expats seeking affordable housing with good amenities. The building offers security, a lobby, covered parking, and shared facilities like a gym and pool, supporting a comfortable lifestyle for various demographics.

Q: What amenities are available in Red Residency?

A: Residents enjoy a range of amenities including a shared gym, shared pool, covered parking, security services, and a lobby area. Most flats also feature balconies and built-in wardrobes, enhancing convenience and comfort.

Q: How well connected is Red Residency in terms of transport?

A: Red Residency is located in Dubai Sports City, which is well connected by major roads. While there is no direct metro station, residents can access nearby public transport options and benefit from easy road connectivity to other parts of Dubai.