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

205, Olympic Park 2

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

Unit 205 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 800K13 December 2023
Current rentAED 52K /yr11 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Olympic Park 2

What is 205 worth today?

Last sold for AED 800,000 in 2023

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13 Dec 2023SoldReady
AED 800,000AED 506 per sqft
11 Feb 2023RentedRenewal
AED 52,000/yr12 months · AED 33 per sqft
11 Feb 2022RentedRenewal
AED 52,000/yr12 months · AED 33 per sqft
11 Feb 2021RentedNew contract
AED 52,000/yr12 months · AED 33 per sqft
20 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
22 May 2018Sold by developerReady
AED 1,060,000AED 671 per sqft
25 Feb 2018RentedNew contract
AED 84,000/yr12 months · AED 53 per sqft
1 Jan 2017RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 13 December 2023.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
2nd of 14
Parking
G-14
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,200 /yr
Last sold
AED 800K · December 2023

About 205, Olympic Park 2

205 is a two-bedroom apartment of 1,580 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 December 2023 for AED 800,000, or AED 506 per sqft, in line with the AED 506 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 11 February 2023, is AED 52,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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 2018: AED 1,060,000 (AED 671 per sqft)Sold, December 2023: AED 800,000 (AED 506 per sqft)

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

Rents
Unit 205, 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, May 2013: AED 60,000 a yearNew contract, May 2014: AED 65,000 a yearNew contract, December 2014: AED 95,000 a yearRenewal, December 2015: AED 95,000 a yearNew contract, January 2017: AED 90,000 a yearNew contract, February 2018: AED 84,000 a yearNew contract, November 2019: AED 60,000 a yearNew contract, February 2021: AED 52,000 a yearRenewal, February 2022: AED 52,000 a yearRenewal, February 2023: AED 52,000 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 205 sits

All 84 2-beds →

205 last sold in December 2023 at AED 506 per sqft, in line with what two-beds in Olympic Park 2 were fetching at the time (AED 506). 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. 205's AED 52,000 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 2nd floor

All 126 units in Olympic Park 2
Value
2012-bedAED 810K · Oct 2023
2022-bedAED 920K · Aug 2018
2032-bedAED 1.05M · Jun 2015
2042-bedAED 700K · Mar 2022
2062-bedAED 1.15M · May 2015
2071-bedAED 740K · Apr 2017
2081-bedAED 395K · Jan 2022
1–7 of 8

205, Olympic Park 2 in numbers

  • Sold twice: first on 22 May 2018 for AED 1,060,000, last on 13 December 2023 for AED 800,000 (AED 506 per sqft).
  • Rented since May 2013 on 10 Ejari contracts, from AED 60,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 6.5%, 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 13 December 2023.

Questions about 205, Olympic Park 2

What did unit 205 last sell for?

AED 800,000 on 13 December 2023: AED 506 per sqft for 1,580 sqft. The unit has 2 registered sales; the first was AED 1,060,000 in May 2018.

What is the rent for unit 205?

AED 52,000 a year on the contract renewed on 11 February 2023. The previous contract, from February 2022, was AED 52,000; the unit has been rented since May 2013.

How big is unit 205?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2013.

What is unit 205 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 205, Olympic Park 2

Starts from the last sale price (AED 800K, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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