2-bed · 1,580 sqftOlympic Park 2, Dubai Sports City · 5th floor · completed 2013

505, 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 505 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 1.1M28 May 2015
Current rentAED 85K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Olympic Park 2

What is 505 worth today?

Last sold for AED 1,099,434 in 2015

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10 Aug 2025RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
18 Aug 2021RentedNew contract
AED 52,000/yr12 months · AED 33 per sqft
1 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 35 per sqft
5 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
28 Dec 2016RentedNew contract
AED 97,500/yr12 months · AED 62 per sqft
28 May 2015Sold by developerReady
AED 1,099,434AED 696 per sqft
14 Jun 2014RentedNew contract
AED 79,558/yr12 months · AED 50 per sqft
15 Jun 2013RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
5th of 14
Parking
G-41
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,200 /yr
Last sold
AED 1.1M · May 2015

About 505, Olympic Park 2

505 is a two-bedroom apartment of 1,580 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. The developer sold it on 28 May 2015 for AED 1,099,434, or AED 696 per sqft, 3% below the AED 718 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 10 August 2025, is AED 85,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,099,434 (AED 696 per sqft)

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

Rents
Unit 505, 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 80,000 a yearNew contract, June 2014: AED 79,558 a yearNew contract, December 2016: AED 97,500 a yearNew contract, July 2018: AED 80,000 a yearNew contract, August 2020: AED 55,000 a yearNew contract, August 2021: AED 52,000 a yearNew contract, August 2025: AED 85,000 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 505 sits

All 84 2-beds →

505 last sold in May 2015 at AED 696 per sqft, 3% below 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. 505's AED 85,000 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 5th floor

All 126 units in Olympic Park 2
Value
5012-bedAED 1.23M · Feb 2026
5022-bedAED 1.01M · Jul 2025
5032-bedAED 710K · Jul 2023
5042-bedAED 858K · Apr 2018
5062-bedAED 740K · Nov 2023
5071-bedAED 760K · Jan 2026
5081-bedAED 725K · Jun 2025
1–7 of 8

505, Olympic Park 2 in numbers

  • Sold once: by Gulf General Investments Co on 28 May 2015 for AED 1,099,434, or AED 696 per sqft.
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2021 and recovered to AED 85,000 by August 2025.
  • At AED 85,000 a year the gross yield on the 2015 price is 7.7%, 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 10 August 2025.

Questions about 505, Olympic Park 2

What did unit 505 last sell for?

AED 1,099,434 on 28 May 2015, sold by the developer: AED 696 per sqft for 1,580 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 85,000 a year on the contract signed on 10 August 2025. The previous contract, from August 2021, was AED 52,000; the unit has been rented since June 2013.

How big is unit 505?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2013.

What is unit 505 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 505, Olympic Park 2

Starts from the last sale price (AED 1.1M, 28 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,099,434
Deposit, UAE resident (20%)
AED 219,887
Deposit, non-resident (40%)
AED 439,774
Monthly over 25 years at 3.7%
AED 4,498

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