1-bed · 845 sqftThe Medalist, Dubai Sports City · 7th floor · completed 2014

708, The Medalist

Sold prices and rental history: sold twice, last in August 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 1M29 August 2024
Current rentAED 62K /yr15 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, The Medalist

What is 708 worth today?

Last sold for AED 1,000,000 in 2024

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29 Aug 2024SoldReady
AED 1,000,000AED 1,184 per sqft
15 Jan 2018RentedNew contract
AED 62,000/yr12 months · AED 74 per sqft
16 Nov 2017RentedNew contract
AED 69,000/yr12 months · AED 82 per sqft
7 Nov 2016RentedNew contract
AED 72,000/yr12 months · AED 86 per sqft
20 Jul 2014Sold by developerReady
AED 1,239,838AED 1,468 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
7th of 13
Parking
B-32
Developer
Gold Vision Development
Completed
2014
Service charge
AED 16,200 /yr
Last sold
AED 1M · August 2024
Building
The Medalist

About 708, The Medalist

708 is a one-bedroom apartment of 845 sqft on the 7th floor of The Medalist, a 13-storey tower in Dubai Sports City completed in 2014 by Gold Vision Development. It last sold on 29 August 2024 for AED 1,000,000, or AED 1,184 per sqft, 46% above the AED 811 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 15 January 2018, is AED 62,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in The Medalist
500K1M2014201820222026Typical 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, July 2014: AED 1,239,838 (AED 1,468 per sqft)Sold, August 2024: AED 1,000,000 (AED 1,184 per sqft)

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

Rents
Unit 708, 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, November 2016: AED 72,000 a yearNew contract, November 2017: AED 69,000 a yearNew contract, January 2018: AED 62,000 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 708 sits

All 96 1-beds →

708 last sold in August 2024 at AED 1,184 per sqft, 46% above what one-beds in The Medalist were fetching at the time (AED 811). 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. 708's AED 62,000 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 7th floor

All 154 units in The Medalist
Value
7011-bedAED 1.22M · Jun 2014
7022-bedAED 1.7M · Sep 2014
7032-bedAED 1.3M · Nov 2023
7041-bedAED 630K · Jul 2023
7051-bedAED 440K · Oct 2015
7061-bedAED 820K · Jun 2015
7071-bedAED 760K · Nov 2023
1–7 of 10

708, The Medalist in numbers

  • Sold twice: first on 20 July 2014 for AED 1,239,838, last on 29 August 2024 for AED 1,000,000 (AED 1,184 per sqft).
  • Rented since November 2016 on 3 Ejari contracts, from AED 72,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 16,200 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 29 August 2024.

Questions about 708, The Medalist

What did unit 708 last sell for?

AED 1,000,000 on 29 August 2024: AED 1,184 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 1,239,838 in July 2014.

What is the rent for unit 708?

AED 62,000 a year on the contract signed on 15 January 2018. The previous contract, from November 2017, was AED 69,000; the unit has been rented since November 2016.

How big is unit 708?

845 sqft (78.5 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2014.

What is unit 708 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 708, The Medalist

Starts from the last sale price (AED 1M, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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