2-bed · 1,618 sqftOlympic Park 3, Dubai Sports City · 7th floor · completed 2013

702, Olympic Park 3

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 12 December 2021
Last soldAED 685K12 December 2021
Current rentAED 57K /yr25 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Olympic Park 3

What is 702 worth today?

Last sold for AED 685,000 in 2021

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12 Dec 2021SoldReady
AED 685,000AED 423 per sqft
25 Mar 2020RentedRenewal
AED 57,000/yr12 months · AED 35 per sqft
25 Mar 2019RentedRenewal
AED 68,000/yr12 months · AED 42 per sqft
25 Mar 2018RentedRenewal
AED 85,000/yr12 months · AED 53 per sqft
25 Mar 2017RentedNew contract
AED 85,000/yr12 months · AED 53 per sqft
20 Aug 2015RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
23 Dec 2014SoldReady
AED 1,456,614AED 899 per sqft
12 Oct 2014Sold by developerReady
AED 1,052,025AED 650 per sqft

Source: Dubai Land Department. Updated 12 December 2021.

Key facts

Type
2-bed apartment
Size
1,618 sqft
Floor
7th of 14
Parking
G-56
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 22,000 /yr
Last sold
AED 685K · December 2021

About 702, Olympic Park 3

702 is a two-bedroom apartment of 1,618 sqft on the 7th 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 12 December 2021 for AED 685,000, or AED 423 per sqft, 3% above the AED 410 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 25 March 2020, is AED 57,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 22,000 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 1,052,025 (AED 650 per sqft)Sold, December 2014: AED 1,456,614 (AED 899 per sqft)Sold, December 2021: AED 685,000 (AED 423 per sqft)

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

Rents
Unit 702, 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, August 2015: AED 100,000 a yearNew contract, March 2017: AED 85,000 a yearRenewal, March 2018: AED 85,000 a yearRenewal, March 2019: AED 68,000 a yearRenewal, March 2020: AED 57,000 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 702 sits

All 84 2-beds →

702 last sold in December 2021 at AED 423 per sqft, 3% above what two-beds in Olympic Park 3 were fetching at the time (AED 410). 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. 702's AED 57,000 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 7th floor

All 126 units in Olympic Park 3
Value
7012-bedAED 600K · Oct 2020
7032-bedAED 1.25M · Apr 2026
7042-bedAED 920K · Aug 2024
7052-bedAED 1.2M · Nov 2025
7062-bedAED 672K · Dec 2014
7071-bedAED 418K · Nov 2015
7081-bedAED 448K · Jan 2021
1–7 of 8

702, Olympic Park 3 in numbers

  • Sold 3 times: first on 12 October 2014 for AED 1,052,025, last on 12 December 2021 for AED 685,000 (AED 423 per sqft).
  • Rented since August 2015 on 5 Ejari contracts, from AED 100,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 22,000 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 12 December 2021.

Questions about 702, Olympic Park 3

What did unit 702 last sell for?

AED 685,000 on 12 December 2021: AED 423 per sqft for 1,618 sqft. The unit has 3 registered sales; the first was AED 1,052,025 in October 2014.

What is the rent for unit 702?

AED 57,000 a year on the contract renewed on 25 March 2020. The previous contract, from March 2019, was AED 68,000; the unit has been rented since August 2015.

How big is unit 702?

1,618 sqft (150.3 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 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 702, Olympic Park 3

Starts from the last sale price (AED 685K, 12 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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