2-bed · 1,578 sqftOlympic Park 2, Dubai Sports City · 6th floor · completed 2013

601, Olympic Park 2

Sold prices and rental history: sold 3 times, last in October 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 29 November 2015
Last soldAED 560K30 October 2013
Current rentAED 50K /yr29 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Olympic Park 2

What is 601 worth today?

Last sold for AED 560,000 in 2013

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29 Nov 2015RentedNew contract
AED 50,000/yr12 months · AED 32 per sqft
29 Nov 2014RentedNew contract
AED 86,000/yr12 months · AED 54 per sqft
30 Oct 2013SoldReady
AED 560,000AED 354 per sqft
19 Sep 2013SoldReady
AED 1,010,000AED 640 per sqft
15 Aug 2013Sold by developerReady
AED 886,375AED 561 per sqft

Source: Dubai Land Department. Updated 29 November 2015.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
6th of 14
Parking
G-46
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,100 /yr
Last sold
AED 560K · October 2013

About 601, Olympic Park 2

601 is a two-bedroom apartment of 1,578 sqft on the 6th 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 30 October 2013 for AED 560,000, or AED 354 per sqft, 45% below the AED 640 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 29 November 2015, is AED 50,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 20,100 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Olympic Park 2
500K750K1M2013201720212025Typical 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, August 2013: AED 886,375 (AED 561 per sqft)Sold, September 2013: AED 1,010,000 (AED 640 per sqft)Sold, October 2013: AED 560,000 (AED 354 per sqft)

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

Rents
Unit 601, 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, November 2014: AED 86,000 a yearNew contract, November 2015: 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 601 sits

All 84 2-beds →

601 last sold in October 2013 at AED 354 per sqft, 45% below what two-beds in Olympic Park 2 were fetching at the time (AED 640). 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. 601'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 6th floor

All 126 units in Olympic Park 2
Value
6022-bedAED 335K · Sep 2022
6032-bedAED 1.05M · Sep 2013
6042-bedAED 1.05M · Sep 2013
6052-bedAED 1.03M · Nov 2024
6062-bedAED 1.12M · Sep 2013
6071-bedAED 710K · Mar 2017
6081-bedAED 550K · Oct 2024
1–7 of 8

601, Olympic Park 2 in numbers

  • Sold 3 times: first on 15 August 2013 for AED 886,375, last on 30 October 2013 for AED 560,000 (AED 354 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 86,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2013 price is 8.9%, before a service charge of about AED 20,100 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 29 November 2015.

Questions about 601, Olympic Park 2

What did unit 601 last sell for?

AED 560,000 on 30 October 2013: AED 354 per sqft for 1,578 sqft. The unit has 3 registered sales; the first was AED 886,375 in August 2013.

What is the rent for unit 601?

AED 50,000 a year on the contract signed on 29 November 2015. The previous contract, from November 2014, was AED 86,000.

How big is unit 601?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2013.

What is unit 601 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 601, Olympic Park 2

Starts from the last sale price (AED 560K, 30 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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