509, Olympic Park 3
Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Olympic Park 3
What is 509 worth today?
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Source: Dubai Land Department. Updated 25 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,035 sqft
- Floor
- 5th of 14
- Parking
- G-45
- Developer
- Gulf General Investments Co
- Completed
- 2013
- Service charge
- AED 14,100 /yr
- Last sold
- AED 410K · April 2023
- Building
- Olympic Park 3
About 509, Olympic Park 3
509 is a one-bedroom apartment of 1,035 sqft on the 5th 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 14 April 2023 for AED 410,000, or AED 396 per sqft, 8% below the AED 429 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 25 August 2023, is AED 44,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 14,100 a year.
Sales and rents for 509 over time
509 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Olympic Park 3, and where 509 sits
All 42 1-beds →509 last sold in April 2023 at AED 396 per sqft, 8% below what one-beds in Olympic Park 3 were fetching at the time (AED 429). Over the last 12 months one-beds sold for AED 708,000 to 775,000, around AED 754 per sqft, and rent for AED 30,000 to 120,000 a year. 509's AED 44,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20261 May 2026 | 931 sqft | 770,000 | 827 | ||
| 2 Mar 20262 March 2026 | 1,035 sqft | 775,000 | 748 | ||
| 30 Jan 202630 January 2026 | 1,035 sqft | 750,000 | 724 | ||
| 21 Jan 202621 January 2026 | 931 sqft | 708,000 | 760 |
Olympic Park 3
Building126 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
- 7.7%
Other units on the 5th floor
All 126 units in Olympic Park 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,618 sqft | AED 725KAED 725,000 · Jul 2023July 2023 | 90,000 /yr | |
| 502 | 2-bed | 1,618 sqft | AED 700KAED 700,000 · May 2023May 2023 | 60,000 /yr | |
| 503 | 2-bed | 1,460 sqft | AED 650KAED 650,000 · Dec 2022December 2022 | 55,000 /yr | |
| 504 | 2-bed | 1,460 sqft | AED 650KAED 650,000 · Dec 2022December 2022 | 69,457 /yr | |
| 505 | 2-bed | 1,618 sqft | AED 1.19MAED 1,185,000 · Sep 2016September 2016 | 95,000 /yr | |
| 506 | 2-bed | 1,618 sqft | AED 1.57MAED 1,568,860 · Sep 2022September 2022 | 57,000 /yr | |
| 507 | 1-bed | 989 sqft | AED 425KAED 425,000 · Nov 2022November 2022 | 47,000 /yr | |
| 508 | 1-bed | 931 sqft | AED 685KAED 685,000 · Oct 2025October 2025 | 65,000 /yr |
509, Olympic Park 3 in numbers
- Sold 3 times: first on 15 February 2017 for AED 776,055, last on 14 April 2023 for AED 410,000 (AED 396 per sqft).
- Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 36,923 in 2020 and recovered to AED 44,000 by August 2023.
- At AED 44,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 14,100 a year (AED 13.61 per sqft).
- One-beds in Olympic Park 3 sold for AED 708,000–775,000 in the 12 months to November 2026; the building's median across all types is AED 766 per sqft.
Source: Dubai Land Department. Updated 25 August 2023.
Questions about 509, Olympic Park 3
What did unit 509 last sell for?
AED 410,000 on 14 April 2023: AED 396 per sqft for 1,035 sqft. The unit has 3 registered sales; the first was AED 776,055 in February 2017.
What is the rent for unit 509?
AED 44,000 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 40,000; the unit has been rented since April 2018.
How big is unit 509?
1,035 sqft (96.2 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2013.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Olympic Park 3 sold for AED 708,000 to 775,000 in the last 12 months, around AED 754 per sqft.
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Mortgage on 509, Olympic Park 3
Starts from the last sale price (AED 410K, 14 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →