2-bed · 1,572 sqftOlympic Park 2, Dubai Sports City · 7th floor · completed 2013

702, Olympic Park 2

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

Unit 702 · DLD and Ejari recordsUpdated 15 May 2019
Last soldAED 650K24 April 2014
Current rentAED 72K /yr15 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Olympic Park 2

What is 702 worth today?

Last sold for AED 650,000 in 2014

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15 May 2019RentedRenewal
AED 72,000/yr12 months · AED 46 per sqft
15 May 2018RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
28 Feb 2016RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
4 May 2015RentedNew contract
AED 99,010/yr12 months · AED 63 per sqft
5 May 2014RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
24 Apr 2014SoldReady
AED 650,000AED 413 per sqft
14 Aug 2013Sold by developerReady
AED 886,375AED 563 per sqft

Source: Dubai Land Department. Updated 15 May 2019.

Key facts

Type
2-bed apartment
Size
1,572 sqft
Floor
7th of 14
Parking
G-58
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 20,100 /yr
Last sold
AED 650K · April 2014

About 702, Olympic Park 2

702 is a two-bedroom apartment of 1,572 sqft on the 7th 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 24 April 2014 for AED 650,000, or AED 413 per sqft, 35% below the AED 640 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 May 2019, is AED 72,000 a year: a gross yield of 11.1% on the 2014 price, before the service charge of about AED 20,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Olympic Park 2
600K800K1M2013201720212025Typical 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 563 per sqft)Sold, April 2014: AED 650,000 (AED 413 per sqft)

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

Rents
Unit 702, 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, May 2014: AED 100,000 a yearNew contract, May 2015: AED 99,010 a yearNew contract, February 2016: AED 100,000 a yearNew contract, May 2018: AED 85,000 a yearRenewal, May 2019: AED 72,000 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 702 sits

All 84 2-beds →

702 last sold in April 2014 at AED 413 per sqft, 35% 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. 702's AED 72,000 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 7th floor

All 126 units in Olympic Park 2
Value
7012-bedAED 1.2M · Nov 2013
7032-bedAED 604K · Feb 2014
7042-bedAED 750K · Nov 2022
7052-bedAED 1.3M · Oct 2025
7062-bedAED 650K · Dec 2013
7071-bedAED 450K · Jul 2020
7081-bedAED 550K · Dec 2023
1–7 of 8

702, Olympic Park 2 in numbers

  • Sold twice: first on 14 August 2013 for AED 886,375, last on 24 April 2014 for AED 650,000 (AED 413 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 100,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2014 price is 11.1%, 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 15 May 2019.

Questions about 702, Olympic Park 2

What did unit 702 last sell for?

AED 650,000 on 24 April 2014: AED 413 per sqft for 1,572 sqft. The unit has 2 registered sales; the first was AED 886,375 in August 2013.

What is the rent for unit 702?

AED 72,000 a year on the contract renewed on 15 May 2019. The previous contract, from May 2018, was AED 85,000; the unit has been rented since May 2014.

How big is unit 702?

1,572 sqft (146.0 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2013.

What is unit 702 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 702, Olympic Park 2

Starts from the last sale price (AED 650K, 24 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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