2-bed · 1,566 sqftOlympic Park 2, Dubai Sports City · 2nd floor · completed 2013

202, Olympic Park 2

Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 920K13 August 2018
Current rentAED 62K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Olympic Park 2

What is 202 worth today?

Last sold for AED 920,000 in 2018

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1 Nov 2022RentedNew contract
AED 62,000/yr12 months · AED 39 per sqft
12 Oct 2021RentedRenewal
AED 54,000/yr12 months · AED 34 per sqft
12 Oct 2020RentedNew contract
AED 54,000/yr12 months · AED 34 per sqft
4 Sep 2018RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
13 Aug 2018SoldReady
AED 920,000AED 587 per sqft
1 Jan 2017RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
1 Jan 2016RentedRenewal
AED 85,000/yr12 months · AED 54 per sqft
13 May 2015Sold by developerReady
AED 1,156,317AED 738 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
2-bed apartment
Size
1,566 sqft
Floor
2nd of 14
Parking
G-11
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,000 /yr
Last sold
AED 920K · August 2018

About 202, Olympic Park 2

202 is a two-bedroom apartment of 1,566 sqft on the 2nd 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 13 August 2018 for AED 920,000, or AED 587 per sqft, 13% below the AED 676 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 November 2022, is AED 62,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 20,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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 1,156,317 (AED 738 per sqft)Sold, August 2018: AED 920,000 (AED 587 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in Olympic Park 2
60K80K100K2013201720212025Typical 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, January 2014: AED 85,000 a yearRenewal, January 2015: AED 85,000 a yearRenewal, January 2016: AED 85,000 a yearNew contract, January 2017: AED 85,000 a yearNew contract, September 2018: AED 80,000 a yearNew contract, October 2020: AED 54,000 a yearRenewal, October 2021: AED 54,000 a yearNew contract, November 2022: AED 62,000 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 202 sits

All 84 2-beds →

202 last sold in August 2018 at AED 587 per sqft, 13% below what two-beds in Olympic Park 2 were fetching at the time (AED 676). 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. 202's AED 62,000 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 2nd floor

All 126 units in Olympic Park 2
Value
2012-bedAED 810K · Oct 2023
2032-bedAED 1.05M · Jun 2015
2042-bedAED 700K · Mar 2022
2052-bedAED 800K · Dec 2023
2062-bedAED 1.15M · May 2015
2071-bedAED 740K · Apr 2017
2081-bedAED 395K · Jan 2022
1–7 of 8

202, Olympic Park 2 in numbers

  • Sold twice: first on 13 May 2015 for AED 1,156,317, last on 13 August 2018 for AED 920,000 (AED 587 per sqft).
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 54,000 in 2021 and recovered to AED 62,000 by November 2022.
  • At AED 62,000 a year the gross yield on the 2018 price is 6.7%, 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 1 November 2022.

Questions about 202, Olympic Park 2

What did unit 202 last sell for?

AED 920,000 on 13 August 2018: AED 587 per sqft for 1,566 sqft. The unit has 2 registered sales; the first was AED 1,156,317 in May 2015.

What is the rent for unit 202?

AED 62,000 a year on the contract signed on 1 November 2022. The previous contract, from October 2021, was AED 54,000; the unit has been rented since January 2014.

How big is unit 202?

1,566 sqft (145.5 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2013.

What is unit 202 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 202, Olympic Park 2

Starts from the last sale price (AED 920K, 13 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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