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

602, Olympic Park 2

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 21 September 2022
Last soldAED 335K21 September 2022
Current rentAED 60K /yr15 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Olympic Park 2

What is 602 worth today?

Last sold for AED 335,000 in 2022

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21 Sep 2022SoldReady
AED 335,000AED 212 per sqft
15 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
11 Mar 2018RentedRenewal
AED 83,497/yr12 months · AED 53 per sqft
9 Mar 2018RentedNew contract
AED 83,000/yr12 months · AED 52 per sqft
11 Mar 2017RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
15 Dec 2014RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft
15 Dec 2013RentedNew contract
AED 86,000/yr12 months · AED 54 per sqft
7 Nov 2013SoldReady
AED 1,070,000AED 678 per sqft

Source: Dubai Land Department. Updated 21 September 2022.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
6th of 14
Parking
G-47
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,100 /yr
Last sold
AED 335K · September 2022

About 602, Olympic Park 2

602 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 21 September 2022 for AED 335,000, or AED 212 per sqft, 53% below the AED 455 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 October 2019, is AED 60,000 a year: a gross yield of 17.9% on the 2022 price, before the service charge of about AED 20,100 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Olympic Park 2
500K1M2013201720212025Typical 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, November 2013: AED 1,070,000 (AED 678 per sqft)Sold, September 2022: AED 335,000 (AED 212 per sqft)

602 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, 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, December 2013: AED 86,000 a yearNew contract, December 2014: AED 95,000 a yearNew contract, March 2017: AED 85,000 a yearRenewal, March 2018: AED 83,497 a yearNew contract, March 2018: AED 83,000 a yearNew contract, October 2019: AED 60,000 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 602 sits

All 84 2-beds →

602 last sold in September 2022 at AED 212 per sqft, 53% below what two-beds in Olympic Park 2 were fetching at the time (AED 455). 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. 602's AED 60,000 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
6012-bedAED 560K · Oct 2013
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

602, Olympic Park 2 in numbers

  • Sold 4 times: first on 15 August 2013 for AED 886,375, last on 21 September 2022 for AED 335,000 (AED 212 per sqft).
  • Rented since December 2013 on 6 Ejari contracts, from AED 86,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 17.9%, 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 21 September 2022.

Questions about 602, Olympic Park 2

What did unit 602 last sell for?

AED 335,000 on 21 September 2022: AED 212 per sqft for 1,578 sqft. The unit has 4 registered sales; the first was AED 886,375 in August 2013.

What is the rent for unit 602?

AED 60,000 a year on the contract signed on 15 October 2019. The previous contract, from March 2018, was AED 83,497; the unit has been rented since December 2013.

How big is unit 602?

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 602 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 602, Olympic Park 2

Starts from the last sale price (AED 335K, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 335,000
Deposit, UAE resident (20%)
AED 67,000
Deposit, non-resident (40%)
AED 134,000
Monthly over 25 years at 3.7%
AED 1,371

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