2-bed · 1,580 sqftOlympic Park 2, Dubai Sports City · 10th floor · completed 2013

1006, Olympic Park 2

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 23 August 2023
Last soldAED 815K23 August 2023
Current rentAED 58K /yr23 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Olympic Park 2

What is 1006 worth today?

Last sold for AED 815,000 in 2023

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23 Aug 2023SoldReady
AED 815,000AED 515 per sqft
23 Aug 2023RentedNew contract
AED 58,000/yr12 months · AED 37 per sqft
10 Feb 2023RentedRenewal
AED 58,000/yr12 months · AED 37 per sqft
10 Feb 2022RentedRenewal
AED 53,000/yr12 months · AED 33 per sqft
10 Feb 2021RentedRenewal
AED 51,000/yr12 months · AED 32 per sqft
10 Feb 2020RentedRenewal
AED 62,000/yr12 months · AED 39 per sqft
10 Feb 2019RentedNew contract
AED 72,000/yr12 months · AED 46 per sqft
8 Jan 2018SoldReady
AED 1,090,000AED 690 per sqft

Source: Dubai Land Department. Updated 23 August 2023.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
10th of 14
Parking
B-20
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,200 /yr
Last sold
AED 815K · August 2023

About 1006, Olympic Park 2

1006 is a two-bedroom apartment of 1,580 sqft on the 10th floor of Olympic Park 2, a 14-storey tower in Dubai Sports City completed in 2013 by Gulf General Investments Co. It last sold on 23 August 2023 for AED 815,000, or AED 515 per sqft, in line with the AED 503 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 23 August 2023, is AED 58,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical two-bed in Olympic Park 2
800K1M1.2M2013201720212025Typical sale price by year: 2013 AED 1,009,357; 2014 AED 805,507; 2015 AED 1,079,261; 2016 AED 1,055,000; 2017 AED 1,047,500; 2018 AED 1,030,000; 2021 AED 727,500; 2022 AED 725,000; 2023 AED 740,000; 2024 AED 970,000; 2025 AED 1,010,000Sold by developer, October 2015: AED 1,150,000 (AED 728 per sqft)Sold, January 2018: AED 1,090,000 (AED 690 per sqft)Sold, August 2023: AED 815,000 (AED 515 per sqft)

1006 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, each contractTypical two-bed in Olympic Park 2
50K100K2013201720212025Typical rent by year: 2013 AED 80,000; 2014 AED 85,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 86,407; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 57,750; 2023 AED 62,475; 2024 AED 74,000; 2025 AED 76,000; 2026 AED 85,000New contract, July 2014: AED 110,000 a yearNew contract, February 2019: AED 72,000 a yearRenewal, February 2020: AED 62,000 a yearRenewal, February 2021: AED 51,000 a yearRenewal, February 2022: AED 53,000 a yearRenewal, February 2023: AED 58,000 a yearNew contract, August 2023: AED 58,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Olympic Park 2, and where 1006 sits

All 84 2-beds →

1006 last sold in August 2023 at AED 515 per sqft, in line with what two-beds in Olympic Park 2 were fetching at the time (AED 503). Over the last 12 months two-beds sold for AED 1,150,000 to 1,225,000, around AED 752 per sqft, and rent for AED 60,000 to 123,077 a year. 1006's AED 58,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Feb 20261,150,000
6 Feb 20261,225,000
23 Oct 20251,050,000
13 Oct 20251,300,000
2 2-bed sales in the last 12 months

Olympic Park 2

Building

126 apartments, 1-bed to 2-bed over 14 floors in Dubai Sports City, completed in 2013 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 769
Typical sale
AED 760K
Typical rent
AED 75K /yr
Typical yield
7.6%
Olympic Park 2, Dubai Sports City: prices, sales and rents →

Other units on the 10th floor

All 126 units in Olympic Park 2
Value
10012-bedAED 1.05M · Oct 2024
10022-bedAED 650K · Dec 2023
10032-bedAED 1.07M · Mar 2017
10042-bedAED 1.25M · Feb 2015
10052-bedAED 1.17M · Aug 2015
10071-bedAED 450K · Mar 2023
10081-bedAED 500K · Feb 2019
1–7 of 8

1006, Olympic Park 2 in numbers

  • Sold 3 times: first on 27 October 2015 for AED 1,150,000, last on 23 August 2023 for AED 815,000 (AED 515 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 51,000 in 2021 and recovered to AED 58,000 by August 2023.
  • At AED 58,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 20,200 a year (AED 12.76 per sqft).
  • Two-beds in Olympic Park 2 sold for AED 1,150,000–1,225,000 in the 12 months to November 2026; the building's median across all types is AED 769 per sqft.

Source: Dubai Land Department. Updated 23 August 2023.

Questions about 1006, Olympic Park 2

What did unit 1006 last sell for?

AED 815,000 on 23 August 2023: AED 515 per sqft for 1,580 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in October 2015.

What is the rent for unit 1006?

AED 58,000 a year on the contract signed on 23 August 2023. The previous contract, from February 2023, was AED 58,000; the unit has been rented since July 2014.

How big is unit 1006?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2013.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Olympic Park 2 sold for AED 1,150,000 to 1,225,000 in the last 12 months, around AED 752 per sqft.

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Mortgage on 1006, Olympic Park 2

Starts from the last sale price (AED 815K, 23 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →