1-bed · 806 sqftThe Medalist, Dubai Sports City · 4th floor · completed 2014

407, The Medalist

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

Unit 407 · DLD and Ejari recordsUpdated 19 July 2023
Last soldAED 513K3 August 2014
Current rentAED 60K /yr19 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, The Medalist

What is 407 worth today?

Last sold for AED 512,826 in 2014

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19 Jul 2023RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
17 Jul 2022RentedRenewal
AED 47,000/yr12 months · AED 58 per sqft
17 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
3 Aug 2014Sold by developerReady
AED 512,826AED 636 per sqft
17 Jul 2014RentedNew contract
AED 66,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 19 July 2023.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
4th of 13
Parking
G-46
Developer
Gold Vision Development
Completed
2014
Service charge
AED 15,400 /yr
Last sold
AED 513K · August 2014
Building
The Medalist

About 407, The Medalist

407 is a one-bedroom apartment of 806 sqft on the 4th floor of The Medalist, a 13-storey tower in Dubai Sports City completed in 2014 by Gold Vision Development. The developer sold it on 3 August 2014 for AED 512,826, or AED 636 per sqft, 40% below the AED 1,055 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 19 July 2023, is AED 60,000 a year: a gross yield of 11.7% on the 2014 price, before the service charge of about AED 15,400 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in The Medalist
600K800K2014201820222026Typical sale price by year: 2014 AED 922,669; 2015 AED 823,581; 2016 AED 800,000; 2017 AED 880,000; 2019 AED 600,000; 2023 AED 670,000; 2024 AED 787,500; 2025 AED 800,000; 2026 AED 800,000Sold by developer, August 2014: AED 512,826 (AED 636 per sqft)

407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in The Medalist
40K60K2014201820222026Typical rent by year: 2014 AED 72,500; 2015 AED 73,503; 2016 AED 72,000; 2017 AED 72,000; 2018 AED 62,167; 2019 AED 54,500; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 44,500; 2023 AED 47,250; 2024 AED 54,927; 2025 AED 60,000; 2026 AED 64,000New contract, July 2014: AED 66,000 a yearNew contract, July 2021: AED 50,000 a yearRenewal, July 2022: AED 47,000 a yearNew contract, July 2023: AED 60,000 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 The Medalist, and where 407 sits

All 96 1-beds →

407 last sold in August 2014 at AED 636 per sqft, 40% below what one-beds in The Medalist were fetching at the time (AED 1,055). Over the last 12 months one-beds sold for AED 740,000 to 975,000, around AED 932 per sqft, and rent for AED 30,000 to 85,000 a year. 407's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 2026780,000
3 Jul 2026975,000
19 Jun 2026760,000
14 Mar 2026740,000
6 1-bed sales in the last 12 months

The Medalist

Building

154 apartments, studios to 4-bed over 13 floors in Dubai Sports City, completed in 2014 by Gold Vision Development. 8 sold in the last 12 months.

Typical price per sqft
AED 932
Typical sale
AED 848K
Typical rent
AED 65K /yr
Typical yield
7.6%
The Medalist, Dubai Sports City: prices, sales and rents →

Other units on the 4th floor

All 154 units in The Medalist
Value
4011-bedAED 560K · Nov 2021
4022-bedAED 1.1M · Jan 2019
4031-bedAED 843K · Jun 2014
404StudioAED 625K · Feb 2016
4051-bedAED 355K · Sep 2020
4061-bedAED 920K · Jun 2014
4081-bedAED 887K · Jun 2014
1–7 of 12

407, The Medalist in numbers

  • Sold once: by Gold Vision Development on 3 August 2014 for AED 512,826, or AED 636 per sqft.
  • Rented since July 2014 on 4 Ejari contracts. The rent fell from AED 66,000 to AED 47,000 in 2022 and recovered to AED 60,000 by July 2023.
  • At AED 60,000 a year the gross yield on the 2014 price is 11.7%, before a service charge of about AED 15,400 a year (AED 19.15 per sqft).
  • One-beds in The Medalist sold for AED 740,000–975,000 in the 12 months to November 2026; the building's median across all types is AED 932 per sqft.

Source: Dubai Land Department. Updated 19 July 2023.

Questions about 407, The Medalist

What did unit 407 last sell for?

AED 512,826 on 3 August 2014, sold by the developer: AED 636 per sqft for 806 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 60,000 a year on the contract signed on 19 July 2023. The previous contract, from July 2022, was AED 47,000; the unit has been rented since July 2014.

How big is unit 407?

806 sqft (74.9 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2014.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Medalist sold for AED 740,000 to 975,000 in the last 12 months, around AED 932 per sqft.

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Mortgage on 407, The Medalist

Starts from the last sale price (AED 513K, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 512,826
Deposit, UAE resident (20%)
AED 102,565
Deposit, non-resident (40%)
AED 205,130
Monthly over 25 years at 3.7%
AED 2,098

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