PropertyIndex

Olympic Park 3

Completed · Q4 2013|126 units · 1 tower

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Olympic Park 3 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Dubai Sports City, Al Hebiah Fourth, comprising 126 registered units. 355 sales are registered with the Dubai Land Department, at a current PIX© price of AED 842 per sqft. At AED 842 per sqft, Olympic Park 3 prices 41% below the Dubai Sports City average of AED 1,439 per sqft on registered sales.

PIX© price · 8.4% YoY
1.09MAED
Typical
842AED
PSF
Gross yield
7.1%
PIX© rent ÷ PIX© price
Sale records
355
DLD · all time
Rent contracts
865
Ejari · all time
Olympic Park 3

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
930 – 1,620 sqft
1261.09M8428.4%78K7.1%
1 Bed · Apartment
930 – 1,035 sqft
42
2 Bed · Apartment
1,459 – 1,620 sqft
84
Sales — Project-Wide355 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
20 Jul 20262 BedFloor 101,4601,250,000856+39.7%StandardLease-to-Own
1 May 20261 BedFloor 9931770,000827+120.0%StandardStandard Sale
10 Apr 20262 BedFloor 71,4601,250,000856+6.8%StandardStandard Sale
Rentals — Project-Wide865 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
5 Aug 20262 BedFloor 141,45990,000620.0%Standardnew
1 Aug 20261 BedFloor 593165,00070+60.6%Standardnew
1 Aug 20262 BedFloor 61,46085,000580.0%Standardnew

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 3

Answered from Dubai Land Department registered transactions.

How much does a property in Olympic Park 3 cost?

Property in Olympic Park 3 sells at a current PIX© price of AED 842 per sqft, or about AED 1,087,764 for a typical unit, based on 355 sales registered with the Dubai Land Department.

Is Olympic Park 3 completed?

Yes. Olympic Park 3 is recorded as completed in the Dubai Land Department project register (completed q4 2013).

Who is the developer of Olympic Park 3?

Olympic Park 3 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 3?

Olympic Park 3 yields 7.1% gross, calculated from current PIX© rent against current PIX© sale price, across 865 registered Ejari contracts.

How many units are in Olympic Park 3?

Olympic Park 3 holds 126 registered units, per the Dubai Land Department unit register.

Have prices in Olympic Park 3 gone up or down?

Price per sqft has risen +8.4% over the last 12 months, to AED 842, across 355 registered sales.