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Elite 3 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 3 Sports Residence

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio419,647397,455
1778,982690,000

Rents in Elite 3 Sports Residence

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
Studio4097538,500
16771648,000
211967280,000

The cap rate (rental yield) of investments into Elite 3 Sports Residence project is 8.2% on average.

The price of an apartment in Elite 3 Sports Residence is 9,436 AED/sqm on average.

The long term rent of an apartment in Elite 3 Sports Residence is 774 AED/sqm/year on average.

Price for completed Studio apartment in Elite 3 Sports Residence is 397,455 AED or 9,647 AED/sqm.
Price for completed 1 bedroom apartment in Elite 3 Sports Residence is 690,000 AED or 8,982 AED/sqm.

Rent for Studio apartment in Elite 3 Sports Residence is 38,500 AED or 975 AED/sqm.
Rent for 1 bedroom apartment in Elite 3 Sports Residence is 48,000 AED or 716 AED/sqm.
Rent for 2 bedroom apartment in Elite 3 Sports Residence is 80,000 AED or 672 AED/sqm.

About Elite 3 Sports Residence

'Elite 3 Sports Residence' in 'Dubai Sports City' area project description

Elite 3 Sports Residence is a new residential development located in Dubai, UAE. The project is a joint venture between Elite Group and Dubai Sports City, and is set to be one of the most luxurious residential projects in the city.

The project will feature three towers, each with its own unique design and amenities. The first tower is the Elite Tower, which will feature a range of luxury apartments and penthouses. The second tower is the Sports Tower, which will feature a range of sports facilities, including a gym, swimming pool, and tennis court. The third tower is the Residence Tower, which will feature a range of residential units, including studios, one-bedroom, two-bedroom, and three-bedroom apartments.

The project will also feature a range of amenities, including a spa, a fitness center, a restaurant, and a cafe. The project will also feature a range of recreational facilities, such as a jogging track, a basketball court, and a children’s play area.

The project is located in the heart of Dubai Sports City, which is home to some of the world’s most prestigious sports teams, including Manchester City Football Club and the Dubai International Cricket Stadium. The project is also close to a range of other attractions, including the Dubai Mall, the Burj Khalifa, and the Dubai Marina.

Elite 3 Sports Residence is set to be one of the most luxurious residential projects in Dubai, offering a range of amenities and facilities for residents to enjoy. The project is set to be completed in 2021, and is sure to be a popular choice for those looking for a luxurious lifestyle in the heart of Dubai.

Q&A on Elite 3 Sports Residence

What are the advantages of 'Elite 3 Sports Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Elite 3 Sports Residence is located in the heart of Dubai Sports City, which is one of the most sought-after residential areas in Dubai. It is close to major attractions such as the Dubai Autodrome, Dubai International Stadium, and the Dubai Miracle Garden.

2. Luxury Amenities: Elite 3 Sports Residence offers a range of luxurious amenities including a state-of-the-art gym, swimming pool, sauna, steam room, and a children’s play area.

3. Affordable Prices: Elite 3 Sports Residence offers competitively priced apartments, making it an attractive option for real estate buyers.

4. High Rental Yields: The apartments at Elite 3 Sports Residence offer high rental yields, making it an attractive investment option for real estate buyers.

5. Flexible Payment Plans: Elite 3 Sports Residence offers flexible payment plans, making it easier for buyers to purchase their dream home.

What projects are better than 'Elite 3 Sports Residence' project in Dubai which are located close by, and why?

The projects in Dubai Sports City that are considered better than 'Elite 3 Sports Residence’ often stand out because of superior amenities, better location within the community, and higher potential for return on investment. Here are a few notable ones:

1. The Matrix:
- Amenities: Offers a rooftop swimming pool, high-tech gym, and luxurious spa facilities.
- Design: Stylish, modern design with high-quality finishes.
- Views: Panorama of the golf course and city.

2. Canal Residence West:
- Variety: Consists of multiple buildings with architectures inspired by Venetian, Mediterranean, and European styles.
- Amenities: State-of-the-art health clubs, beauty salons, and outdoor pool terraces.
- Community Feel: Often highlighted for a more integrated community living experience.

3. Victory Heights:
- Layout: A villa community, offering a more private and spacious living option.
- Green Spaces: Extensive greenery and parks.
- Family-Oriented: Schools, nurseries, and golf club within the vicinity.

4. The Residence 1:
- Luxury: Higher-end fixtures and finishes with a more premium feel.
- Exclusive: Offers a more exclusive living experience due to fewer units.
- Connectivity: Better access to main highways and nearby retail experiences.

5. The Spirit:
- Affordability: Provides a modern living experience with relatively affordable options.
- Compact: Ensures that each unit maximizes space and functionality for residents looking for efficient use of space.
- Amenities: Provides gym, swimming pool, and concierge services.

These projects are distinguished by unique selling propositions, such as luxurious amenities, high-quality finishes, strategic locations within Dubai Sports City, and appealing community features, making them favorable choices compared to 'Elite 3 Sports Residence'.

What projects are better than 'Elite 3 Sports Residence' project in Dubai which are located close by, and why?

1. Victory Heights
- Residential villa community with upscale living
- Extensive green spaces, parks, and the Els Golf Club
- Family-oriented amenities like playgrounds, schools, and community centers

2. Canal Residence West
- European, Arabian, and Mediterranean architectural styles
- Positioned along the canal promenade
- Retail outlets, restaurants, and cafes on the ground level
- High-end amenities including swimming pools, gyms, and saunas

3. The Matrix Tower
- Iconic architectural design
- Close proximity to the Els Golf Club
- Modern layouts with floor-to-ceiling windows
- Extensive leisure facilities including a rooftop swimming pool and state-of-the-art gym

4. The Medalist
- Boutique residential development
- Exclusive clubhouse for residents
- Stunning views of the golf course and city skyline
- High-quality interiors and premium fittings

5. The Bridge
- Mixed-use development combining residential apartments, serviced apartments, and retail outlets
- Direct access to extensive fitness and wellness facilities
- Convenience of integrated retail and dining options

6. Royal Residence
- Twin-tower structure with a blend of luxury and functionality
- Enhanced privacy with fewer units per floor
- Resort-style amenities including large swimming pools, jacuzzis, and landscaped gardens

7. Spirit Tower
- Attractive for both investors and residents
- Furnished and semi-furnished apartment options
- Quality amenities such as a rooftop gym, swimming pool, and steam/sauna rooms

8. The Crescent
- Unique crescent-shaped buildings
- Surrounding greenery and waterways
- Well-designed living spaces with ample natural light
- Recreational facilities like tennis and volleyball courts

9. Red Residence
- Proximity to the future venues of the Dubai Expo 2020
- Wide range of unit sizes and configurations
- Numerous leisure facilities including a large swimming pool and landscaped gardens

10. Fortunato
- Inspired by European architecture
- Mixed-use residential and commercial spaces
- Community-focused design with parks, playgrounds, and shops within the vicinity
- High-end finishes and spacious layouts

Each of these projects offers its own unique set of advantages, from luxurious living experiences and bespoke amenities to family-oriented environments and convenient access to retail and dining options. They represent a higher tier of residential living compared to Elite 3 Sports Residence in various aspects such as design, amenities, and overall lifestyle offerings.




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