Elite 2 Sports Residence in Dubai Sports City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Elite 2 Sports Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	42	9,568	405,315
1	80	8,268	660,000
2	115	8,443	975,000

Rents in Elite 2 Sports Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	40	1,013	40,500
1	86	725	62,000
2	115	722	83,000

The cap rate (rental yield) of investments into Elite 2 Sports Residence project is 9.0% on average.

The price of an apartment in Elite 2 Sports Residence is 8,733 AED/sqm on average.

The long term rent of an apartment in Elite 2 Sports Residence is 787 AED/sqm/year on average.

Price for completed Studio apartment in Elite 2 Sports Residence is 405,315 AED or 9,568 AED/sqm.
Price for completed 1 bedroom apartment in Elite 2 Sports Residence is 660,000 AED or 8,268 AED/sqm.
Price for completed 2 bedroom apartment in Elite 2 Sports Residence is 975,000 AED or 8,443 AED/sqm.

Rent for Studio apartment in Elite 2 Sports Residence is 40,500 AED or 1,013 AED/sqm.
Rent for 1 bedroom apartment in Elite 2 Sports Residence is 62,000 AED or 725 AED/sqm.
Rent for 2 bedroom apartment in Elite 2 Sports Residence is 83,000 AED or 722 AED/sqm.

About Elite 2 Sports Residence

'Elite 2 Sports Residence' in 'Dubai Sports City' area project description

Elite II Sports Residence is a luxurious residential development located in Dubai, United Arab Emirates. The project is a joint venture between Elite Real Estate and Sports City, two of the leading real estate developers in the region. The project consists of two towers, each featuring a total of 18 floors of residential apartments. The towers are connected by a podium level that houses a range of amenities and facilities.

The residential units in Elite II Sports Residence are designed to provide residents with a luxurious lifestyle. The apartments feature modern and contemporary designs, with spacious layouts and high-end finishes. The units are available in one, two, three, and four-bedroom configurations, with sizes ranging from 1,100 to 3,000 square feet. All units come with balconies, offering stunning views of the city skyline.

The project also features a range of amenities and facilities, designed to provide residents with a comfortable and convenient lifestyle. These include a fully-equipped gym, swimming pool, sauna, steam room, and Jacuzzi. There is also a multi-purpose hall, a children’s play area, and a landscaped garden. The project also features 24-hour security, CCTV surveillance, and secure parking.

Elite II Sports Residence is located in the heart of Dubai, close to a range of attractions and amenities. It is within easy reach of the Dubai International Airport, the Dubai Mall, and the Burj Khalifa. It is also close to a range of restaurants, cafes, and shops. The project is also well connected to the rest of the city, with easy access to public transport.

Overall, Elite II Sports Residence is a luxurious residential development that offers residents a comfortable and convenient lifestyle. With its modern and contemporary designs, high-end finishes, and range of amenities and facilities, it is the perfect place to call home.

Q&A on Elite 2 Sports Residence

What are the advantages of 'Elite 2 Sports Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Elite II Sports Residence is located in the heart of Dubai Sports City, which is a major hub for sports, entertainment, and leisure activities. This makes it an ideal location for real estate buyers looking for a convenient and vibrant lifestyle.

2. Quality Amenities: Elite II Sports Residence offers a range of quality amenities including a swimming pool, gym, sauna, steam room, and a jacuzzi. This makes it a great option for those looking for a luxurious living experience.

3. Affordable Prices: Elite II Sports Residence offers competitive prices for its units, making it an attractive option for real estate buyers who are looking for a good deal.

4. Investment Potential: With its prime location and quality amenities, Elite II Sports Residence is a great option for real estate buyers looking to invest in the future. The project is expected to appreciate in value over time, making it a great long-term investment.

What projects are better than 'Elite 2 Sports Residence' project in Dubai which are located close by, and why?

1. Victory Heights: Known for its upscale villas, Victory Heights offers a family-oriented environment with lush green landscapes, golf course views, and amenities like schools, parks, and community centers.

2. The Matrix: This high-end residential tower boasts luxurious apartments with modern designs, high-quality finishes, and panoramic views of the sports facilities. The building offers state-of-the-art fitness centers, swimming pools, and concierge services.

3. The Spirit: A contemporary residential development that stands out for its sleek architecture and design. It offers fully furnished apartments with tailored lifestyle services, including a health club and rooftop jogging track.

4. Canal Residence West: This European-inspired development features a variety of architectural styles including Venetian, Mediterranean, and Spanish Andalusian. Residents enjoy access to retail outlets, a waterfront promenade, and a variety of dining options.

5. The Diamond: This mid-rise building prioritizes elegance and comfort with spacious apartments, high-quality finishes, and a range of leisure facilities including a rooftop swimming pool and sauna.

6. Hera Tower: Offers a blend of classic and contemporary designs with spacious apartments equipped with high-end finishes. It features extensive recreational facilities like a state-of-the-art gym, kids’ play area, and landscaped gardens.

Each of these projects provides superior amenities, better architectural designs, and more comprehensive lifestyle options when compared to Elite 2 Sports Residence.