Elite 8 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 8 Sports Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	45	10,856	485,000

Rents in Elite 8 Sports Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	45	908	40,917
1	77	771	59,000

The cap rate (rental yield) of investments into Elite 8 Sports Residence project is 9.2% on average.

The price of an apartment in Elite 8 Sports Residence is 10,856 AED/sqm on average.

The long term rent of an apartment in Elite 8 Sports Residence is 839 AED/sqm/year on average.

Price for completed Studio apartment in Elite 8 Sports Residence is 485,000 AED or 10,856 AED/sqm.

Rent for Studio apartment in Elite 8 Sports Residence is 40,917 AED or 908 AED/sqm.
Rent for 1 bedroom apartment in Elite 8 Sports Residence is 59,000 AED or 771 AED/sqm.

About Elite 8 Sports Residence

'Elite 8 Sports Residence' in 'Dubai Sports City' area project description

Elite 8 Sports Residence is a luxurious residential development located in Dubai Sports City, a premier sports destination in the United Arab Emirates. The project is a collaboration between Dubai Properties and the world-renowned sports brand, Nike. The development consists of 8 towers, each offering a unique and exclusive lifestyle to its residents.

The towers are designed to provide an unparalleled living experience, with each tower offering a different sports-themed lifestyle. The towers are named after some of the world’s most iconic sports stars, such as Michael Jordan, LeBron James, and Roger Federer. Each tower has been designed to reflect the personality of the athlete it is named after, with the interiors and exteriors reflecting their style and spirit.

The towers feature a range of amenities, including a fully-equipped gym, a swimming pool, a basketball court, and a tennis court. Residents can also enjoy a range of activities and entertainment options, such as a movie theatre, a bowling alley, and a spa.

The development also features a range of retail and dining options, including a supermarket, a cafe, and a restaurant. Residents can also take advantage of the nearby golf courses, football stadiums, and cricket grounds.

Elite 8 Sports Residence is a unique development that offers a luxurious lifestyle to its residents. The development is located in a prime location, close to some of the best sports facilities in the world. The development offers a range of amenities and activities, as well as retail and dining options, making it the perfect place to live for those who are passionate about sports.

Q&A on Elite 8 Sports Residence

What are the advantages of 'Elite 8 Sports Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Elite 8 Sports Residence is located in the heart of Dubai Sports City, a world-class sports and entertainment destination. This prime location offers easy access to major roads and highways, as well as a wide range of amenities and attractions.

2. Luxury Amenities: Elite 8 Sports Residence offers a wide range of luxury amenities, including a fully-equipped gym, swimming pool, and spa. Residents can also enjoy a variety of sports and recreational facilities, such as a golf course, tennis courts, and basketball courts.

3. Affordable Prices: Elite 8 Sports Residence offers competitive prices for real estate buyers. The project offers a variety of payment plans and financing options, making it easier for buyers to purchase their dream home.

4. Quality Construction: Elite 8 Sports Residence is built with high-quality materials and features modern designs. The project is also equipped with the latest safety and security features, ensuring a safe and secure living environment for its residents.

What projects are better than 'Elite 8 Sports Residence' project in Dubai which are located close by, and why?

1. Victory Heights:
- Located near Dubai Sports City.
- Offers a mix of townhouses and villas with golf course views.
- Enhanced community amenities: parks, walkways, and sporting facilities.

2. The Masterpiece by IGO:
- Luxury residential development.
- High-end finishes and modern design.
- Access to premium amenities, including swimming pools and fitness centers.

3. Royal Residence 1:
- Proximity to sports facilities.
- Well-aligned with the urban lifestyle of Dubai Sports City.
- Comprehensive amenities and 24-hour security.

4. Canal Residence West:
- Strategically located along the promenade.
- Wide-ranging apartment options with high-quality finishes.
- Direct access to retail, dining, and recreational venues.

5. The Bridge:
- Mixed-use residential and commercial development.
- High-standard apartments with modern interiors.
- Boasts a fitness center, swimming pool, and retail outlets.

6. Champions Tower III:
- Offers panoramic views of Dubai Sports City.
- High-rise building with spacious apartments.
- Provides a variety of recreational facilities.

7. Hamza Tower:
- Budget-friendly option with good value for space.
- Close to all major sports academies and stadiums.
- Offers basic amenities with decent quality.