2-bed · 1,675 sqftThe Medalist, Dubai Sports City · 6th floor · completed 2014

603, The Medalist

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 10 June 2018
Last soldAED 1.46M20 October 2016
Current rentAED 105K /yr10 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, The Medalist

What is 603 worth today?

Last sold for AED 1,460,000 in 2016

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10 Jun 2018RentedRenewal
AED 105,000/yr12 months · AED 63 per sqft
10 Jun 2017RentedRenewal
AED 125,000/yr12 months · AED 74 per sqft
20 Oct 2016Sold by developerReady
AED 1,460,000AED 871 per sqft
10 Jun 2016RentedNew contract
AED 125,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 June 2018.

Key facts

Type
2-bed apartment
Size
1,675 sqft
Floor
6th of 13
Parking
B-16
Developer
Gold Vision Development
Completed
2014
Service charge
AED 32,100 /yr
Last sold
AED 1.46M · October 2016
Building
The Medalist

About 603, The Medalist

603 is a two-bedroom apartment of 1,675 sqft on the 6th floor of The Medalist, a 13-storey tower in Dubai Sports City completed in 2014 by Gold Vision Development. The developer sold it on 20 October 2016 for AED 1,460,000, or AED 871 per sqft, 4% below the AED 910 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 10 June 2018, is AED 105,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 32,100 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in The Medalist
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,600,683; 2015 AED 1,528,563; 2016 AED 1,520,000; 2023 AED 970,000; 2024 AED 1,170,000; 2025 AED 1,315,000Sold by developer, October 2016: AED 1,460,000 (AED 871 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in The Medalist
100K2014201820222026Typical rent by year: 2014 AED 117,339; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 106,000; 2018 AED 93,624; 2019 AED 85,000; 2020 AED 72,000; 2021 AED 65,000; 2022 AED 70,000; 2023 AED 75,000; 2024 AED 83,750; 2025 AED 105,000; 2026 AED 101,500New contract, June 2016: AED 125,000 a yearRenewal, June 2017: AED 125,000 a yearRenewal, June 2018: AED 105,000 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 The Medalist, and where 603 sits

All 40 2-beds →

603 last sold in October 2016 at AED 871 per sqft, 4% below what two-beds in The Medalist were fetching at the time (AED 910). Over the last 12 months two-beds sold for AED 1,315,000 to 1,400,000, around AED 898 per sqft, and rent for AED 40,000 to 120,000 a year. 603's AED 105,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20261,400,000
8 Jan 20261,315,000
30 Sep 20251,330,000
4 Aug 20251,300,000
2 2-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 6th floor

All 154 units in The Medalist
Value
6011-bedAED 560K · Oct 2014
6022-bedAED 1.53M · Jun 2015
6041-bedAED 750K · Nov 2025
6051-bedAED 1.07M · Jan 2015
6061-bedAED 900K · Nov 2014
6071-bedAED 1.03M · Jun 2014
6081-bedAED 868K · Jun 2014
1–7 of 10

603, The Medalist in numbers

  • Sold once: by Gold Vision Development on 20 October 2016 for AED 1,460,000, or AED 871 per sqft.
  • Rented since June 2016 on 3 Ejari contracts, from AED 125,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 32,100 a year (AED 19.15 per sqft).
  • Two-beds in The Medalist sold for AED 1,315,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 932 per sqft.

Source: Dubai Land Department. Updated 10 June 2018.

Questions about 603, The Medalist

What did unit 603 last sell for?

AED 1,460,000 on 20 October 2016, sold by the developer: AED 871 per sqft for 1,675 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 105,000 a year on the contract renewed on 10 June 2018. The previous contract, from June 2017, was AED 125,000; the unit has been rented since June 2016.

How big is unit 603?

1,675 sqft (155.6 sqm): a two-bedroom apartment on the 6th floor of a 13-storey tower completed in 2014.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Medalist sold for AED 1,315,000 to 1,400,000 in the last 12 months, around AED 898 per sqft.

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Mortgage on 603, The Medalist

Starts from the last sale price (AED 1.46M, 20 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,460,000
Deposit, UAE resident (20%)
AED 292,000
Deposit, non-resident (40%)
AED 584,000
Monthly over 25 years at 3.7%
AED 5,973

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