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 12.

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 860,000.

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 690,139. These asking prices may vary depending on the property size, type, condition, etc.

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

The average asking price for apartments has witnessed a change of +5%. 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 9.49% 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. 

Which leading real estate agencies are there in Red Residence?

Agencies with the most listings of flats for sale include the following:

• Elegant Views Real Estate
• ASRA Properties
• Sterling Heights Real Estate

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 42.

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 575,833. Prices may go above or below the average depending on the apartment’s size, type, and location.

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

The prices of apartments in Red Residence reflect a change of +7% over the past 6 months. The change can be attributed to the prevailing market conditions.