2-bed · 1,460 sqftOlympic Park 3, Dubai Sports City · 4th floor · completed 2013

403, Olympic Park 3

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 1.23M16 November 2014
Current rentAED 55K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Olympic Park 3

What is 403 worth today?

Last sold for AED 1,230,000 in 2014

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1 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 38 per sqft
1 Oct 2020RentedRenewal
AED 55,000/yr12 months · AED 38 per sqft
1 Oct 2019RentedRenewal
AED 65,000/yr12 months · AED 44 per sqft
1 Oct 2018RentedNew contract
AED 76,000/yr12 months · AED 52 per sqft
5 Aug 2017RentedNew contract
AED 88,000/yr12 months · AED 60 per sqft
30 Jul 2016RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
10 Jul 2015RentedNew contract
AED 108,000/yr12 months · AED 74 per sqft
16 Nov 2014SoldReady
AED 1,230,000AED 842 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type
2-bed apartment
Size
1,460 sqft
Floor
4th of 14
Parking
G-30
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 19,900 /yr
Last sold
AED 1.23M · November 2014

About 403, Olympic Park 3

403 is a two-bedroom apartment of 1,460 sqft on the 4th floor of Olympic Park 3, a 14-storey tower in Dubai Sports City completed in 2013 by Gulf General Investments Co. It last sold on 16 November 2014 for AED 1,230,000, or AED 842 per sqft, 33% above the AED 635 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 55,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 19,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Olympic Park 3
1M2M2009201420192024Typical sale price by year: 2009 AED 2,102,988; 2014 AED 1,027,665; 2015 AED 1,116,744; 2016 AED 1,213,587; 2017 AED 1,190,937; 2018 AED 971,394; 2019 AED 985,051; 2021 AED 610,000; 2022 AED 700,000; 2023 AED 810,000; 2024 AED 935,000; 2025 AED 1,195,000; 2026 AED 1,250,000Sold by developer, October 2014: AED 949,065 (AED 649 per sqft)Sold, November 2014: AED 1,230,000 (AED 842 per sqft)

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

Rents
Unit 403, each contractTypical two-bed in Olympic Park 3
50K75K100K2014201820222026Typical rent by year: 2014 AED 93,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 89,000; 2018 AED 83,000; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 54,231; 2022 AED 58,000; 2023 AED 61,800; 2024 AED 69,379; 2025 AED 85,000; 2026 AED 85,000New contract, July 2015: AED 108,000 a yearNew contract, July 2016: AED 105,000 a yearNew contract, August 2017: AED 88,000 a yearNew contract, October 2018: AED 76,000 a yearRenewal, October 2019: AED 65,000 a yearRenewal, October 2020: AED 55,000 a yearRenewal, October 2021: 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 3, and where 403 sits

All 84 2-beds →

403 last sold in November 2014 at AED 842 per sqft, 33% above what two-beds in Olympic Park 3 were fetching at the time (AED 635). Over the last 12 months two-beds sold for AED 1,080,130 to 1,525,000, around AED 814 per sqft, and rent for AED 69,456 to 119,644 a year. 403's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20261,525,000
20 Jul 20261,250,000
10 Apr 20261,250,000
29 Nov 20251,200,000
6 2-bed sales in the last 12 months

Olympic Park 3

Building

126 apartments, 1-bed to 2-bed over 14 floors in Dubai Sports City, completed in 2013 by Gulf General Investments Co. 10 sold in the last 12 months.

Typical price per sqft
AED 766 Up 4.2%
Typical sale
AED 1.14M
Typical rent
AED 76K /yr
Typical yield
7.6%
Olympic Park 3, Dubai Sports City: prices, sales and rents →

Other units on the 4th floor

All 126 units in Olympic Park 3
Value
4012-bedAED 775K · Aug 2023
4022-bedAED 610K · Feb 2022
4042-bedAED 650K · Apr 2023
4052-bedAED 1.25M · Nov 2025
4062-bedAED 725K · Mar 2023
4071-bedAED 981K · Nov 2022
4081-bedAED 405K · Jul 2021
1–7 of 8

403, Olympic Park 3 in numbers

  • Sold twice: first on 12 October 2014 for AED 949,065, last on 16 November 2014 for AED 1,230,000 (AED 842 per sqft).
  • Rented since July 2015 on 7 Ejari contracts, from AED 108,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 19,900 a year (AED 13.61 per sqft).
  • Two-beds in Olympic Park 3 sold for AED 1,080,130–1,525,000 in the 12 months to November 2026; the building's median across all types is AED 766 per sqft.

Source: Dubai Land Department. Updated 1 October 2021.

Questions about 403, Olympic Park 3

What did unit 403 last sell for?

AED 1,230,000 on 16 November 2014: AED 842 per sqft for 1,460 sqft. The unit has 2 registered sales; the first was AED 949,065 in October 2014.

What is the rent for unit 403?

AED 55,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 55,000; the unit has been rented since July 2015.

How big is unit 403?

1,460 sqft (135.6 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2013.

What is unit 403 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 3 sold for AED 1,080,130 to 1,525,000 in the last 12 months, around AED 814 per sqft.

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Mortgage on 403, Olympic Park 3

Starts from the last sale price (AED 1.23M, 16 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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