The Medalist in Dubai Sports City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

The cap rate (rental yield) of investments into The Medalist project is 8.1% on average.

The price of an apartment in The Medalist is 9,928 AED/sqm on average.

The long term rent of an apartment in The Medalist is 802 AED/sqm/year on average.

About The Medalist

'The Medalist' in 'Dubai Sports City' area project description

The Medalist is a premium freehold residential tower in Dubai Sports City, developed by Golden Circles Development Limited. Construction started on 19-Nov-2008, with registration on 08-Nov-2008 and anticipated completion on 27-Feb-2014, achieving 100% status as a completed project in the B+G+13 to 15-storey configuration (sources vary slightly on exact floors).

This modern 15-storey complex, part of the Hub Golf View Apartments and Arena Apartments master development, houses 154 units ranging from studios to four-bedroom apartments, with sizes from 600 sq. ft. to 3,003 sq. ft. Studios include fitted kitchens, modern bathrooms, living areas, and balconies. One-bedroom units feature living rooms, dining areas, semi-enclosed built-in kitchens, ensuite bathrooms, and balconies. Two- and three-bedroom layouts offer spacious living and dining rooms with two balconies, while four-bedroom apartments add staff accommodations and laundry areas. All units boast marble floors and built-in wardrobes, emphasizing premium finishes.

Amenities cater to an active lifestyle, including a health and fitness centre with gym, yoga room, Jacuzzi, and spa. The roof terrace features an infinity pool, children's pool, and clubhouse. Additional facilities encompass four high-speed lifts, underground parking, 24/7 security with CCTV and gated access, elevator, recreation areas, private gym, restaurant, bar, medical care, Wi-Fi, internet, satellite TV, and landscaped green areas. Nearby community perks include parks, playgrounds, jogging trails, sports fields, and pet-friendly walking trails.

Strategically located in Dubai Sports City, a vibrant sports and leisure hub, The Medalist sits within walking distance (two minutes) of bus stops like Victory Heights East Gate 1, Arena Tower, and Dubai Cricket Stadium. It offers easy access to social facilities such as Dubai International Airport (25-minute drive), shopping malls (2.2 km), hospitals (4.3 km), and attractions within 10-15 minutes. The beach is 9.5 km away, reachable via Sheikh Zayed Road or Al Khail Road in about 15-20 minutes by car; public transport connects via nearby bus stops to Dubai Marina beaches.

Surrounding projects enhance the dynamic neighborhood: Global Golf Residences 2, Elite Sports Residence 4, Arena Apartments, Amal Tower, Vista by Prestige One, The Spirit, Samana Golf Views, Oasis Tower 1, and Canal Residence - all within Dubai Sports City, fostering a family-oriented community with gyms, pools, schools, and sports venues. The area's master-planned integration of nature and infrastructure supports peaceful, secure living amid Dubai's growing sports precinct.

Q&A on The Medalist

What are the advantages of 'The Medalist' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: 'The Medalist' is situated in Dubai Sports City, offering easy access to various sports facilities, stadiums, and academies, making it ideal for sports enthusiasts.
2. Modern Amenities: The project features state-of-the-art amenities including a well-equipped gym, swimming pool, and recreational areas.
3. Quality Construction: Renowned for its high-quality construction and attention to detail, ensuring durability and aesthetic appeal.
4. Investment Potential: Due to its location and amenities, properties in 'The Medalist' have strong rental yield potential and good capital appreciation prospects.
5. Community Living: Offers a vibrant community lifestyle with access to cafes, restaurants, and shopping outlets within Dubai Sports City.
6. Views and Layouts: Many units offer spectacular views of the golf course and sports arenas, along with spacious and well-designed layouts.
7. Security Features: 24/7 security and surveillance, providing residents with peace of mind.

Disadvantages:

1. Traffic Congestion: The area can experience heavy traffic during major sports events, leading to occasional inconvenience for residents.
2. Noise Levels: Proximity to sports facilities may result in higher noise levels, especially during events and games.
3. Accessibility: While Dubai Sports City is well-connected, it is still a developing area which might not have the same level of public transport options as more central locations.
4. Maintenance Fees: High-quality amenities and facilities might come with relatively higher maintenance fees.
5. Market Competition: As a developing hotspot, there is significant competition from new and upcoming projects in the vicinity.
6. Developer Reputation: Buyers should scrutinize the reputation and track record of the developer to avoid any potential issues related to construction delays or quality discrepancies.
7. Retail Options: Limited retail and dining options within walking distance, requiring residents to travel short distances for varied choices.