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Olympic Park 4 in Dubai Sports City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Olympic Park 4

RoomsSize, sqmSale price, AED/sqmSale price, AED
1888,330735,000
21498,0691,200,000

Rents in Olympic Park 4

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
213268290,000

The cap rate (rental yield) of investments into Olympic Park 4 project is 8.4% on average.

The price of an apartment in Olympic Park 4 is 8,166 AED/sqm on average.

The long term rent of an apartment in Olympic Park 4 is 682 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Olympic Park 4 is 735,000 AED or 8,330 AED/sqm.
Price for completed 2 bedroom apartment in Olympic Park 4 is 1,200,000 AED or 8,069 AED/sqm.

Rent for 2 bedroom apartment in Olympic Park 4 is 90,000 AED or 682 AED/sqm.

About Olympic Park 4

'Olympic Park 4' in 'Dubai Sports City' area project description

Olympic Park 4 is a residential complex located in Dubai Sports City, developed by Gulf General Investments Company (GGICO). Construction commenced in September 2007 and was completed in September 2010. The project is fully commissioned and operational.

Architecture and Layout

Olympic Park 4 is one of six mid-rise towers within the Olympic Park master development. The building features a B+G+14 configuration with 15 residential floors and comprises 126 apartments. Units include 1-bedroom and 2-bedroom apartments, with sizes ranging from 897 to 1,618 square feet. The plot area spans 15,539 square meters. Apartments are designed with high-quality finishes, light color palettes, panoramic glazed windows, and spacious balconies offering scenic views, including golf course vistas.

Amenities

Residents have access to comprehensive facilities including a gymnasium, private rooftop pool, terrace, and cafe. The complex is surrounded by extensive sports facilities such as sports courts, clubs, playgrounds, training pitches, and jogging tracks. The community also features parks, playgrounds, and family-oriented spaces. Round-the-clock security and surveillance systems ensure a safe living environment. Covered parking is available for residents.

Location and Accessibility

Olympic Park 4 is situated in Dubai Sports City near Sheikh Mohammed Bin Zayed Road, within close proximity to Dubai International Cricket Stadium, Dubai Sharks Rugby Club, Dubai Sports City Football Academy, and Els Golf Club. The nearest bus stop, Dubai Sports City Offices 2, is a five-minute walk away. Carrefour City Supermarket, Copper Kettle Restaurant, and Pulcinella Restaurant are accessible within 15-20 minutes on foot.

For beach access, Sufouh Beach can be reached within a 15-minute drive. Dubai Marina is also approximately 15 minutes away by car. Major Dubai attractions including Burj Khalifa and Dubai Mall are situated within a 20-minute drive. Dubai International Airport (DXB) is approximately 26 minutes' drive away, while Al Maktoum International Airport is roughly 29 minutes' drive.

Nearby Projects

The Olympic Park master development consists of four 15-storey towers completed in 2013. Additional residential projects in Dubai Sports City include Hamza Tower and other developments in the area. The broader Dubai Sports City community offers diverse residential options catering to different preferences and budgets.

The freehold property is ideal for those seeking an active lifestyle with convenient access to sports facilities, retail options, dining venues, and urban amenities within a vibrant, walkable community.

Q&A on Olympic Park 4

What projects are better than 'Olympic Park 4' project in Dubai which are located close by, and why?

1. Victory Heights - Offers a more luxurious living experience with its golf course views, extensive green spaces, and high-end amenities. The community is more established with better infrastructure and security.

2. Canal Residence West - Provides waterfront living with a European architectural flair. It has a variety of retail and dining options along the canal, enhancing the lifestyle experience.

3. Elite Sports Residence - Known for its affordability without compromising on quality. These buildings offer modern facilities, including swimming pools, gyms, and dedicated parking, making them very appealing to young professionals and families.

4. The Diamond - Features high build quality and is more centrally located within Dubai Sports City, providing quick access to the sports academies, stadiums, and other facilities in the area.

5. Gallery Villas - This development offers spacious villas with private gardens and high-end finishes. Ideal for those seeking a more substantial home with a greater degree of privacy within Dubai Sports City.

These projects generally offer superior amenities, better quality finishes, or a more strategic location compared to Olympic Park 4.

What are the closest schools to 'Olympic Park 4' project in Dubai?

The closest schools to the 'Olympic Park 4' project in Dubai Sports City are:

- Victory Heights Primary School
- GEMS Metropole School
- Nord Anglia International School
- The Wonder Years Nursery
- Dwight School Dubai




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