1-bed · 950 sqftOlympic Park 4, Dubai Sports City · 5th floor · completed 2010

507, Olympic Park 4

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 575K11 November 2024
Current rentAED 41K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Olympic Park 4

What is 507 worth today?

Last sold for AED 575,000 in 2024

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11 Nov 2024SoldReady
AED 575,000AED 605 per sqft
20 May 2024RentedNew contract
AED 41,000/yr12 months · AED 43 per sqft
20 May 2024RentedRenewal
AED 41,000/yr12 months · AED 43 per sqft
20 May 2023RentedRenewal
AED 37,500/yr12 months · AED 40 per sqft
20 May 2022RentedRenewal
AED 33,000/yr12 months · AED 35 per sqft
20 May 2021RentedNew contract
AED 33,000/yr12 months · AED 35 per sqft
4 Apr 2019RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
25 Feb 2018RentedNew contract
AED 66,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
1-bed apartment
Size
950 sqft
Floor
5th of 14
Parking
B-72
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 15,100 /yr
Last sold
AED 575K · November 2024

About 507, Olympic Park 4

507 is a one-bedroom apartment of 950 sqft on the 5th floor of Olympic Park 4, a 14-storey tower in Dubai Sports City completed in 2010 by Gulf General Investments Co. It last sold on 11 November 2024 for AED 575,000, or AED 605 per sqft, in line with the AED 605 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 20 May 2024, is AED 41,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 15,100 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Olympic Park 4
400K600K800K2009201420192024Typical sale price by year: 2009 AED 755,033; 2011 AED 743,948; 2012 AED 698,220; 2013 AED 620,000; 2014 AED 720,000; 2015 AED 664,310; 2016 AED 422,025; 2023 AED 442,500; 2024 AED 575,000; 2026 AED 640,000Sold by developer, June 2009: AED 786,199 (AED 827 per sqft)Sold, July 2012: AED 786,199 (AED 827 per sqft)Sold, December 2013: AED 720,000 (AED 758 per sqft)Sold, November 2024: AED 575,000 (AED 605 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Olympic Park 4
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 45,000; 2014 AED 49,500; 2015 AED 57,172; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 54,800; 2019 AED 45,000; 2020 AED 37,712; 2021 AED 35,000; 2022 AED 37,200; 2023 AED 43,500; 2024 AED 52,000; 2025 AED 59,500; 2026 AED 58,000New contract, February 2014: AED 66,000 a yearRenewal, February 2015: AED 66,000 a yearRenewal, February 2016: AED 66,000 a yearNew contract, February 2018: AED 66,000 a yearNew contract, April 2019: AED 45,000 a yearNew contract, May 2021: AED 33,000 a yearRenewal, May 2022: AED 33,000 a yearRenewal, May 2023: AED 37,500 a yearNew contract, May 2024: AED 41,000 a yearRenewal, May 2024: AED 41,000 a year

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 4, and where 507 sits

All 42 1-beds →

507 last sold in November 2024 at AED 605 per sqft, in line with what one-beds in Olympic Park 4 were fetching at the time (AED 605). Over the last 12 months one-beds sold for AED 601,932 to 735,000, around AED 724 per sqft, and rent for AED 50,000 to 67,000 a year. 507's AED 41,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Sep 2026630,000
30 Jul 2026601,932
9 Apr 2026675,392
22 Jan 2026650,000
5 1-bed sales in the last 12 months

Olympic Park 4

Building

126 apartments, 1-bed to 2-bed over 14 floors in Dubai Sports City, completed in 2010 by Gulf General Investments Co. 20 sold in the last 12 months.

Typical price per sqft
AED 746 Up 6.8%
Typical sale
AED 1.07M
Typical rent
AED 77K /yr
Typical yield
7.7%
Olympic Park 4, Dubai Sports City: prices, sales and rents →

Other units on the 5th floor

All 126 units in Olympic Park 4
Value
5012-bedAED 1.38M · Jul 2015
5022-bedAED 1.03M · Oct 2025
5032-bedAED 1.23M · Jan 2016
5042-bedAED 800K · Sep 2023
5052-bedAED 1.38M · Feb 2016
5062-bedAED 680K · Feb 2014
5081-bedAED 630K · Sep 2026
1–7 of 8

507, Olympic Park 4 in numbers

  • Sold 4 times: first on 14 June 2009 for AED 786,199, last on 11 November 2024 for AED 575,000 (AED 605 per sqft).
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 66,000 to AED 33,000 in 2022 and recovered to AED 41,000 by May 2024.
  • At AED 41,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 15,100 a year (AED 15.85 per sqft).
  • One-beds in Olympic Park 4 sold for AED 601,932–735,000 in the 12 months to November 2026; the building's median across all types is AED 746 per sqft.

Source: Dubai Land Department. Updated 11 November 2024.

Questions about 507, Olympic Park 4

What did unit 507 last sell for?

AED 575,000 on 11 November 2024: AED 605 per sqft for 950 sqft. The unit has 4 registered sales; the first was AED 786,199 in June 2009.

What is the rent for unit 507?

AED 41,000 a year on the contract signed on 20 May 2024. The previous contract, from May 2024, was AED 41,000; the unit has been rented since February 2014.

How big is unit 507?

950 sqft (88.3 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2010.

What is unit 507 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 4 sold for AED 601,932 to 735,000 in the last 12 months, around AED 724 per sqft.

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Mortgage on 507, Olympic Park 4

Starts from the last sale price (AED 575K, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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