Olympic Park 3 in Dubai Sports City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Olympic Park 3

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	150	7,981	1,200,000

The cap rate (rental yield) of investments into Olympic Park 3 project is 9.7% on average.

The price of an apartment in Olympic Park 3 is 7,981 AED/sqm on average.

The long term rent of an apartment in Olympic Park 3 is 766 AED/sqm/year on average.

Price for completed 2 bedroom apartment in Olympic Park 3 is 1,200,000 AED or 7,981 AED/sqm.

About Olympic Park 3

'Olympic Park 3' in 'Dubai Sports City' area project description

Olympic Park 3 is a mixed-use development project located in Dubai, United Arab Emirates. The project is being developed by Dubai Sports City, a subsidiary of Dubai Holding, and is expected to be completed by 2021. The project is located in the heart of Dubai Sports City and will feature a variety of residential, commercial, and leisure facilities.

The project will feature a total of 3,000 residential units, including villas, townhouses, and apartments. The residential units will be spread across three distinct neighborhoods, each with its own unique design and amenities. The project will also include a variety of commercial and leisure facilities, such as a shopping mall, a sports complex, a golf course, and a marina.

The project is designed to be a world-class destination for sports, leisure, and entertainment. It will feature a variety of sports facilities, including a football stadium, a cricket stadium, a hockey stadium, and a basketball court. The project will also feature a variety of leisure facilities, such as a water park, a beach club, and a spa.

The project is designed to be a sustainable development, with a focus on energy efficiency and renewable energy. The project will feature a variety of green initiatives, such as solar panels, energy-efficient lighting, and water-saving systems. The project will also feature a variety of green spaces, such as parks and gardens.

Olympic Park 3 is an ambitious project that will help to transform Dubai into a world-class destination for sports, leisure, and entertainment. The project is designed to be a sustainable development, with a focus on energy efficiency and renewable energy. The project will feature a variety of residential, commercial, and leisure facilities, making it an ideal destination for both residents and visitors.

Q&A on Olympic Park 3

What are the advantages of 'Olympic Park 3' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Olympic Park 3 is located in the heart of Dubai’s new business district, Dubai South, which is close to the Al Maktoum International Airport, the Expo 2020 site, and the Dubai World Trade Centre. This makes it an ideal location for real estate buyers who want to be close to the city’s main attractions.

2. Affordable Prices: Olympic Park 3 offers competitively priced properties, making it an attractive option for real estate buyers who are looking for a good deal.

3. High Quality: The project is being developed by Emaar, one of the leading real estate developers in the UAE, and is designed to the highest standards. This ensures that buyers can expect a high quality property.

4. Amenities: Olympic Park 3 offers a range of amenities, including a swimming pool, gym, and retail outlets. This makes it a great choice for those who want to enjoy a comfortable lifestyle.

5. Investment Potential: The project is expected to generate strong returns for investors, making it a good option for those looking to generate long-term returns from their real estate investments.

What projects are better than 'Olympic Park 3' project in Dubai which are located close by, and why?

Victory Heights: A premium residential golf community within Dubai Sports City, Victory Heights offers a mix of villas and townhouses. It boasts superior landscaping, a family-friendly environment, and proximity to the Ernie Els Golf Course.

The Canal Residence: This development provides a range of upscale apartments with scenic canal views. It offers luxurious amenities like swimming pools, gyms, and recreational areas, making it an attractive choice for both families and professionals.

The Matrix: Known for its cutting-edge design and modern amenities, The Matrix offers high-end apartments with spacious layouts. The building includes a state-of-the-art gym, swimming pool, and direct access to a plethora of sports facilities.

Spanish Tower: Also part of the Canal Residence, it features Mediterranean-designed apartments with high-quality finishes. Residents benefit from exclusive amenities including fitness centers and retail spaces.

Sports City Tower: This residential tower focuses on a balance of convenience and luxury, offering well-designed apartments, fitness facilities, and easy access to Dubai Sports City's sports venues.

Each of these projects offers more in terms of luxury, amenities, and community living compared to Olympic Park 3.