PropertyIndex

Olympic Park 1

Completed · Q4 2010|126 units · 1 tower

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Olympic Park 1 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Dubai Sports City, Al Hebiah Fourth, comprising 126 registered units. 303 sales are registered with the Dubai Land Department, at a current PIX© price of AED 850 per sqft. At AED 850 per sqft, Olympic Park 1 prices 41% below the Dubai Sports City average of AED 1,439 per sqft on registered sales.

PIX© price · 14.7% YoY
1.24MAED
Typical
850AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
303
DLD · all time
Rent contracts
891
Ejari · all time
Olympic Park 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
947 – 1,614 sqft
1261.24M85014.7%77K6.2%
1 Bed · Apartment
947 – 1,054 sqft
42
2 Bed · Apartment
1,454 – 1,614 sqft
84
Sales — Project-Wide303 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
1 May 20262 BedFloor 51,6121,500,000931+61.3%StandardStandard Sale
27 Apr 20261 BedFloor 91,054740,000702-10.8%StandardLease-to-Own
2 Feb 20262 BedFloor 81,6141,340,000830+1.1%StandardStandard Sale
Rentals — Project-Wide891 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
26 Dec 20261 Bed1,01148,00047Entry Levelnew
27 Jul 20262 BedFloor 71,47888,500600.0%Entry Levelrenewal
15 Jul 20261 BedFloor 111,01162,00061Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Sports City

The closest-priced registered projects in Dubai Sports City.

Common questions about Olympic Park 1

Answered from Dubai Land Department registered transactions.

How much does a property in Olympic Park 1 cost?

Property in Olympic Park 1 sells at a current PIX© price of AED 850 per sqft, or about AED 1,239,485 for a typical unit, based on 303 sales registered with the Dubai Land Department.

Is Olympic Park 1 completed?

Yes. Olympic Park 1 is recorded as completed in the Dubai Land Department project register (completed q4 2010).

Who is the developer of Olympic Park 1?

Olympic Park 1 is developed by GULF GENERAL INVESTMENTS CO. (P.S.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Olympic Park 1?

Olympic Park 1 yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 891 registered Ejari contracts.

How many units are in Olympic Park 1?

Olympic Park 1 holds 126 registered units, per the Dubai Land Department unit register.

Have prices in Olympic Park 1 gone up or down?

Price per sqft has risen +14.7% over the last 12 months, to AED 850, across 303 registered sales.