Elite 7 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 7 Sports Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	65	10,698	690,000

Rents in Elite 7 Sports Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	72	825	59,000
3	132	762	100,567

The cap rate (rental yield) of investments into Elite 7 Sports Residence project is 7.3% on average.

The price of an apartment in Elite 7 Sports Residence is 10,698 AED/sqm on average.

The long term rent of an apartment in Elite 7 Sports Residence is 779 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Elite 7 Sports Residence is 690,000 AED or 10,698 AED/sqm.

Rent for 1 bedroom apartment in Elite 7 Sports Residence is 59,000 AED or 825 AED/sqm.
Rent for 3 bedroom apartment in Elite 7 Sports Residence is 100,567 AED or 762 AED/sqm.

About Elite 7 Sports Residence

'Elite 7 Sports Residence' in 'Dubai Sports City' area project description

Elite 7 Sports Residence is a 16-story residential building in Dubai Sports City, part of the 10-building Elite Sports Residence freehold complex developed by Triplanet International. Construction started on November 1, 2008, with registration on November 8, 2008, and anticipated completion on June 15, 2014; the project reached 100% status and is fully completed and ready.

The architecture blends classic and modern styles across a plot area of 10,774 square feet, featuring 128 units including studios (443-575 sq. ft.), 1-bedroom (around 690 sq. ft.), 2-bedroom, and 3-bedroom apartments (up to 1,900 sq. ft.). Units offer functional layouts with spacious living areas, semi-open fitted kitchens with modern appliances and marble countertops, en-suite bedrooms with built-in wardrobes, guest bathrooms, private balconies with views of the golf course, parks, and community, central AC, and large double-glazed windows for insulation.

Amenities cater to an active lifestyle, including a temperature-controlled rooftop swimming pool for adults and children, health club, fully equipped gymnasium, steam room, sauna, jacuzzi, kids' play area, barbecue facilities, 24/7 security, concierge service, high-speed elevators, and dedicated covered parking. The design emphasizes family-friendly spaces with proximity to recreational areas.

Located on Golf Course Drive in Dubai Sports City, it provides excellent views of the golf course, parks, and community, and is a walking distance to the 18-hole championship golf course and Dubai International Cricket Stadium. Quick access comes via Al Fay Road to Al Khail Road (E44) and Golf Course Drive to Hessa Street, with smooth connectivity to major highways like Sheikh Zayed Road and Mohammed Bin Zayed Road. Travel times include 20 minutes to Dubai Marina, 25 minutes to Downtown Dubai and Burj Khalifa, 15 minutes to Mall of the Emirates, 16 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab, 19 minutes to The Walk JBR, 5 minutes to City Centre Me’aisem, 10 minutes to Dubai Miracle Garden and Medcare Medical Center, and 30 minutes to Dubai International Airport.

Nearby projects include the other nine Elite Sports Residence buildings (Elite 1 to Elite 6 and 8 to 10), such as Elite 1-3 near the stadium, Elite 4 near the golf course, and Elite 5-6 near the canal mall hub, all developed by Triplanet International.

The market positions Elite 7 as an affordable option in a vibrant, family-oriented community blending residential, retail, leisure, schools (like Wonder Years Nursery and Victory Heights Primary School), fitness centers, cafes, sports academies, supermarkets, restaurants, and clinics, fostering a serene yet dynamic lifestyle.

Q&A on Elite 7 Sports Residence

What are the advantages of 'Elite 7 Sports Residence' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: Situated in Dubai Sports City, this project offers proximity to various sports facilities, including stadiums, academies, and golf courses, appealing to sports enthusiasts.
2. Amenities: Elite 7 Sports Residence boasts modern amenities such as swimming pools, gyms, and retail outlets, enhancing the convenience and lifestyle quality for residents.
3. Investment Potential: The area has a growing reputation as a sports-oriented community, which can lead to potential appreciation in property values over time.
4. Community Living: Dubai Sports City fosters a sense of community with organized events and activities, ideal for families and social networks.
5. Accessibility: Convenient access to major highways like Sheikh Mohammed Bin Zayed Road, facilitating easy commutes to other parts of Dubai.

Disadvantages:

1. Traffic: During peak hours, traffic can become congested due to ongoing construction and the increasing population in Dubai Sports City.
2. Noise: Proximity to sports venues can sometimes lead to higher noise levels, especially during major events and matches.
3. Construction: As the area continues to develop, ongoing construction projects may cause inconvenience and affect the aesthetic appeal temporarily.
4. Limited Public Transport: Compared to more developed areas in Dubai, public transportation options are somewhat limited, which might require reliance on private vehicles.