2-bed · 1,443 sqftOlympic Park 2, Dubai Sports City · 12th floor · completed 2013

1204, Olympic Park 2

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 730K21 June 2023
Current rentAED 50K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Olympic Park 2

What is 1204 worth today?

Last sold for AED 730,000 in 2023

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21 Jun 2023SoldReady
AED 730,000AED 506 per sqft
1 Jun 2021RentedRenewal
AED 50,000/yr12 months · AED 35 per sqft
2 May 2021RentedRenewal · flagged as an outlier
AED 620,000/yr1 months · AED 430 per sqft
1 May 2020RentedNew contract
AED 59,839/yr12 months · AED 41 per sqft
28 Mar 2019RentedNew contract
AED 72,000/yr12 months · AED 50 per sqft
5 Dec 2018RentedNew contract
AED 72,000/yr12 months · AED 50 per sqft
1 Nov 2017RentedNew contract
AED 84,000/yr12 months · AED 58 per sqft
4 May 2017SoldReady
AED 1,025,000AED 710 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
12th of 14
Parking
B-36
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 18,400 /yr
Last sold
AED 730K · June 2023

About 1204, Olympic Park 2

1204 is a two-bedroom apartment of 1,443 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. It last sold on 21 June 2023 for AED 730,000, or AED 506 per sqft, in line with the AED 503 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 50,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Olympic Park 2
800K1M2013201720212025Typical 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 954,188 (AED 661 per sqft)Sold, May 2017: AED 1,025,000 (AED 710 per sqft)Sold, June 2023: AED 730,000 (AED 506 per sqft)

1204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Olympic Park 2
50K75K100K2013201720212025Typical 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, June 2013: AED 73,000 a yearNew contract, July 2014: AED 95,000 a yearNew contract, October 2015: AED 100,000 a yearNew contract, November 2016: AED 100,000 a yearNew contract, November 2017: AED 84,000 a yearNew contract, December 2018: AED 72,000 a yearNew contract, March 2019: AED 72,000 a yearNew contract, May 2020: AED 59,839 a yearRenewal, June 2021: AED 50,000 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 1204 sits

All 84 2-beds →

1204 last sold in June 2023 at AED 506 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. 1204's AED 50,000 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 12th floor

All 126 units in Olympic Park 2
Value
12012-bedAED 1.06M · Nov 2014
12022-bedAED 1.15M · May 2015
12032-bedAED 991K · Jun 2015
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

1204, Olympic Park 2 in numbers

  • Sold 3 times: first on 25 May 2015 for AED 954,188, last on 21 June 2023 for AED 730,000 (AED 506 per sqft).
  • Rented since June 2013 on 10 Ejari contracts, from AED 73,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 18,400 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 21 June 2023.

Questions about 1204, Olympic Park 2

What did unit 1204 last sell for?

AED 730,000 on 21 June 2023: AED 506 per sqft for 1,443 sqft. The unit has 3 registered sales; the first was AED 954,188 in May 2015.

What is the rent for unit 1204?

AED 50,000 a year on the contract renewed on 1 June 2021. The previous contract, from May 2021, was AED 620,000; the unit has been rented since June 2013.

How big is unit 1204?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2013.

What is unit 1204 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 1204, Olympic Park 2

Starts from the last sale price (AED 730K, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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