2-bed · 1,457 sqftOlympic Park 2, Dubai Sports City · 5th floor · completed 2013

503, Olympic Park 2

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

Unit 503 · DLD and Ejari recordsUpdated 31 July 2023
Last soldAED 710K31 July 2023
Current rentAED 55K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Olympic Park 2

What is 503 worth today?

Last sold for AED 710,000 in 2023

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31 Jul 2023SoldReady
AED 710,000AED 487 per sqft
15 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 38 per sqft
1 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 34 per sqft
15 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 45 per sqft
10 Oct 2016RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
14 Apr 2016Sold by developerReady
AED 1,055,000AED 724 per sqft
10 Sep 2014RentedRenewal
AED 85,114/yr24 months · AED 59 per sqft

Source: Dubai Land Department. Updated 31 July 2023.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
5th of 14
Parking
G-39
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 18,600 /yr
Last sold
AED 710K · July 2023

About 503, Olympic Park 2

503 is a two-bedroom apartment of 1,457 sqft on the 5th 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 31 July 2023 for AED 710,000, or AED 487 per sqft, in line with the AED 500 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 January 2022, is AED 55,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, April 2016: AED 1,055,000 (AED 724 per sqft)Sold, July 2023: AED 710,000 (AED 487 per sqft)

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

Rents
Unit 503, 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 85,000Renewal, September 2014: AED 85,114 a yearNew contract, October 2016: AED 85,000 a yearNew contract, February 2019: AED 65,000 a yearNew contract, October 2020: AED 50,000 a yearNew contract, January 2022: AED 55,000 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 503 sits

All 84 2-beds →

503 last sold in July 2023 at AED 487 per sqft, in line with what two-beds in Olympic Park 2 were fetching at the time (AED 500). 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. 503's AED 55,000 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 5th floor

All 126 units in Olympic Park 2
Value
5012-bedAED 1.23M · Feb 2026
5022-bedAED 1.01M · Jul 2025
5042-bedAED 858K · Apr 2018
5052-bedAED 1.1M · May 2015
5062-bedAED 740K · Nov 2023
5071-bedAED 760K · Jan 2026
5081-bedAED 725K · Jun 2025
1–7 of 8

503, Olympic Park 2 in numbers

  • Sold twice: first on 14 April 2016 for AED 1,055,000, last on 31 July 2023 for AED 710,000 (AED 487 per sqft).
  • Rented since September 2014 on 5 Ejari contracts, from AED 85,114 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 18,600 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 31 July 2023.

Questions about 503, Olympic Park 2

What did unit 503 last sell for?

AED 710,000 on 31 July 2023: AED 487 per sqft for 1,457 sqft. The unit has 2 registered sales; the first was AED 1,055,000 in April 2016.

What is the rent for unit 503?

AED 55,000 a year on the contract signed on 15 January 2022. The previous contract, from October 2020, was AED 50,000; the unit has been rented since September 2014.

How big is unit 503?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2013.

What is unit 503 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 503, Olympic Park 2

Starts from the last sale price (AED 710K, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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