 |
Property Makler
Advanced analytics for residential real estate investing |
|
Dubai, UAE US |
Dubai US Cap rates Online Property Valuation Market Research
Olympic Park 1 in Dubai Sports City - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Olympic Park 1
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| 2 | 144 | 7,959 | 1,142,500 |
Rents in Olympic Park 1
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| 2 | 137 | 657 | 90,000 |
The cap rate (rental yield) of investments into Olympic Park 1 project is 8.3% on average.
The price of an apartment in Olympic Park 1 is 7,959 AED/sqm on average.
The long term rent of an apartment in Olympic Park 1 is 657 AED/sqm/year on average.
Price for completed 2 bedroom apartment in Olympic Park 1 is 1,142,500 AED or 7,959 AED/sqm.
Rent for 2 bedroom apartment in Olympic Park 1 is 90,000 AED or 657 AED/sqm.
About Olympic Park 1
'Olympic Park 1' in 'Dubai Sports City' area project description
Olympic Park 1 is a completed 14-storey residential building in Dubai Sports City, offering 126 freehold apartments within the Olympic Park master development. Developed by Gulf General Investments Co. (P.S.C.), also known as GGICO, construction started on 29-Sep-2007 and reached anticipated completion on 10-Nov-2010, with full readiness confirmed at 100% status post-handover. The project spans a 16,126 square meter plot and forms part of a four-tower complex emphasizing an active lifestyle amid sports facilities.
Architecturally, the high-rise tower features modern design with high-quality finishes, light color palettes, panoramic glazed windows, and balconies for enhanced views. Apartments primarily consist of one- to two-bedroom units ranging from 897 sq. ft. to 1,618 sq. ft., providing spacious, well-lit interiors suitable for couples, small families, students, or athletes.
The layout centers on a single 14-storey structure integrated into Dubai Sports City's residential fabric, surrounded by mid-rise apartments, townhouses, and villas. It promotes community living with easy access to neighboring sports venues, including Dubai International Cricket Stadium (25,000 seats), Rugby Park (5,000 seats), Els Club Golf Course, and facilities for football, athletics, tennis, padel, and table tennis.
Amenities cater to fitness-focused residents, including a gymnasium, private rooftop pool, terrace, and cafe. The complex connects to broader Dubai Sports City offerings like academies, running tracks, and leisure zones, fostering an outdoor, health-oriented environment.
Strategically located off Sheikh Mohammed Bin Zayed Road (E311) in Al Hebiah 4, Olympic Park 1 sits near essential services: Dubai Sports City Offices 2 bus stop (5-minute walk), Carrefour City Supermarket, Copper Kettle, and Pulcinella restaurants (15-20 minute walk), plus Renaissance School Sports City and Dwight School Dubai. To reach the beach, drive 15 minutes to Dubai Marina or Sufouh Beach via E11 or Al Khail Road; alternative routes include Hessa Street for quick access to Jumeirah Beach Residence (about 19 minutes).
Nearby projects include sister towers Olympic Park 2, 3, and 4 in the Olympic Park cluster; Elite Sports Residences (furnished towers with gyms and pools); Canal Residence West; Victory Heights villas; Gallery Villas; Giovanni Boutique Suites; and Red Residence. Sports hubs like Dubai Sharks Rugby Club, Dubai Sports City Football Academy, and ICC Academy enhance the precinct. Additional landmarks: 16 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and The Walk JBR, 21 minutes to Dubai Mall, 27 minutes to Dubai International Airport (DXB), and 30 minutes to Al Maktoum International Airport.
This budget-segment development thrives in Dubai Sports City's dynamic, sports-centric ecosystem, blending residential comfort with proximity to retail, education, and recreation.
Olympic Park 1 is a completed 14-storey residential building in Dubai Sports City, offering 126 freehold apartments within the Olympic Park master development. Developed by Gulf General Investments Co. (P.S.C.), also known as GGICO, construction started on 29-Sep-2007 and reached anticipated completion on 10-Nov-2010, with full readiness confirmed at 100% status post-handover. The project spans a 16,126 square meter plot and forms part of a four-tower complex emphasizing an active lifestyle amid sports facilities.
Architecturally, the high-rise tower features modern design with high-quality finishes, light color palettes, panoramic glazed windows, and balconies for enhanced views. Apartments primarily consist of one- to two-bedroom units ranging from 897 sq. ft. to 1,618 sq. ft., providing spacious, well-lit interiors suitable for couples, small families, students, or athletes.
The layout centers on a single 14-storey structure integrated into Dubai Sports City's residential fabric, surrounded by mid-rise apartments, townhouses, and villas. It promotes community living with easy access to neighboring sports venues, including Dubai International Cricket Stadium (25,000 seats), Rugby Park (5,000 seats), Els Club Golf Course, and facilities for football, athletics, tennis, padel, and table tennis.
Amenities cater to fitness-focused residents, including a gymnasium, private rooftop pool, terrace, and cafe. The complex connects to broader Dubai Sports City offerings like academies, running tracks, and leisure zones, fostering an outdoor, health-oriented environment.
Strategically located off Sheikh Mohammed Bin Zayed Road (E311) in Al Hebiah 4, Olympic Park 1 sits near essential services: Dubai Sports City Offices 2 bus stop (5-minute walk), Carrefour City Supermarket, Copper Kettle, and Pulcinella restaurants (15-20 minute walk), plus Renaissance School Sports City and Dwight School Dubai. To reach the beach, drive 15 minutes to Dubai Marina or Sufouh Beach via E11 or Al Khail Road; alternative routes include Hessa Street for quick access to Jumeirah Beach Residence (about 19 minutes).
Nearby projects include sister towers Olympic Park 2, 3, and 4 in the Olympic Park cluster; Elite Sports Residences (furnished towers with gyms and pools); Canal Residence West; Victory Heights villas; Gallery Villas; Giovanni Boutique Suites; and Red Residence. Sports hubs like Dubai Sharks Rugby Club, Dubai Sports City Football Academy, and ICC Academy enhance the precinct. Additional landmarks: 16 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and The Walk JBR, 21 minutes to Dubai Mall, 27 minutes to Dubai International Airport (DXB), and 30 minutes to Al Maktoum International Airport.
This budget-segment development thrives in Dubai Sports City's dynamic, sports-centric ecosystem, blending residential comfort with proximity to retail, education, and recreation.
Property Makler © 2026 Contacts T&C About