2-bed · 1,567 sqftOlympic Park 2, Dubai Sports City · 12th floor · completed 2013

1202, Olympic Park 2

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.15M28 May 2015
Current rentAED 65K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Olympic Park 2

What is 1202 worth today?

Last sold for AED 1,148,259 in 2015

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10 Jun 2024RentedRenewal
AED 65,000/yr12 months · AED 41 per sqft
10 Jun 2023RentedRenewal
AED 60,900/yr12 months · AED 39 per sqft
10 Jun 2022RentedNew contract
AED 58,000/yr12 months · AED 37 per sqft
20 Aug 2021RentedNew contract
AED 56,303/yr6 months · AED 36 per sqft
20 Aug 2020RentedNew contract
AED 56,000/yr12 months · AED 36 per sqft
21 Jul 2019RentedRenewal
AED 77,500/yr12 months · AED 49 per sqft
21 Jul 2018RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
21 Jul 2017RentedNew contract
AED 83,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,567 sqft
Floor
12th of 14
Parking
B-34
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,000 /yr
Last sold
AED 1.15M · May 2015

About 1202, Olympic Park 2

1202 is a two-bedroom apartment of 1,567 sqft on the 12th floor of Olympic Park 2, a 14-storey tower in Dubai Sports City completed in 2013 by Gulf General Investments Co. The developer sold it on 28 May 2015 for AED 1,148,259, or AED 732 per sqft, in line with the AED 718 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 65,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, May 2015: AED 1,148,259 (AED 732 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, 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 2013: AED 84,772 a yearNew contract, July 2015: AED 100,000 a yearNew contract, August 2016: AED 112,500 a yearNew contract, July 2017: AED 83,000 a yearRenewal, July 2018: AED 80,000 a yearRenewal, July 2019: AED 77,500 a yearNew contract, August 2020: AED 56,000 a yearNew contract, August 2021: AED 56,303 a yearNew contract, June 2022: AED 58,000 a yearRenewal, June 2023: AED 60,900 a yearRenewal, June 2024: AED 65,000 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 1202 sits

All 84 2-beds →

1202 last sold in May 2015 at AED 732 per sqft, in line with what two-beds in Olympic Park 2 were fetching at the time (AED 718). 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. 1202's AED 65,000 is in the lower half 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 12th floor

All 126 units in Olympic Park 2
Value
12012-bedAED 1.06M · Nov 2014
12032-bedAED 991K · Jun 2015
12042-bedAED 730K · Jun 2023
12052-bedAED 1.18M · Nov 2024
12062-bedAED 1.06M · Nov 2013
12071-bedAED 580K · Dec 2023
12081-bedAED 630K · Sep 2024
1–7 of 8

1202, Olympic Park 2 in numbers

  • Sold once: by Gulf General Investments Co on 28 May 2015 for AED 1,148,259, or AED 732 per sqft.
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 84,772 to AED 56,000 in 2020 and recovered to AED 65,000 by June 2024.
  • At AED 65,000 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 20,000 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 10 June 2024.

Questions about 1202, Olympic Park 2

What did unit 1202 last sell for?

AED 1,148,259 on 28 May 2015, sold by the developer: AED 732 per sqft for 1,567 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 65,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 60,900; the unit has been rented since July 2013.

How big is unit 1202?

1,567 sqft (145.6 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2013.

What is unit 1202 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 1202, Olympic Park 2

Starts from the last sale price (AED 1.15M, 28 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,148,259
Deposit, UAE resident (20%)
AED 229,652
Deposit, non-resident (40%)
AED 459,304
Monthly over 25 years at 3.7%
AED 4,698

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