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Olympic Park 1, Dubai Sports City

Olympic Park 1, Dubai Sports City

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Dubai Sports City, Dubai

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Strengths

Modern Architecture

Proximity to Sports Facilities

Community Amenities

Weakens

Traffic Congestion

Limited Public Transport

Noise Levels

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Buildign Overview

Summary

  • Olympic Park 1 is part of the vibrant Dubai Sports City, a hub for sports enthusiasts and families alike.
  • The building boasts proximity to world-class sporting facilities, retail outlets, and dining options.
  • It is well-connected via major highways and public transportation, making commuting convenient.
  • Nearby landmarks include the Dubai International Stadium and a variety of leisure facilities.

Properties Overview

  • The building offers a diverse portfolio of residential properties, including spacious apartments with one to three bedrooms.
  • Rental prices for units typically range from AED 40,000 to AED 90,000 annually, while sales prices vary from AED 600,000 to AED 1.5 million depending on unit size and floor.
  • Popular units highlight contemporary designs with modern amenities, appealing to both investors and families.

Market Trends

  • The real estate market in Dubai Sports City has shown resilience, with rental prices stabilizing and moderate growth noted in property sales.
  • Recent trends indicate a return on investment (ROI) ranging from 7% to 9%, encouraging investors to consider properties in the area.
  • In the past year, the demand for residential units in Olympic Park 1 has increased, with expectations of continued interest in 2024.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to essential amenities such as supermarkets, schools and healthcare facilities, ensuring a comfortable lifestyle.
  • Educational institutions nearby include reputable schools, while various healthcare options are available, including pharmacies and clinics.

Transportation and Accessibility

  • The building is conveniently located near major roadways, offering easy access to Dubai's extensive public transport network, including buses and taxis.
  • Ample parking spaces are available for residents, enhancing the overall accessibility.

Lifestyle Amenities

  • Amenities within and around the building include gyms, swimming pools, and well-maintained parks for outdoor activities.
  • A variety of dining options, hotels, and entertainment venues are within reach, catering to diverse lifestyle preferences.

Builing Facilities

  • Olympic Park 1 features essential facilities such as high-speed elevators, round-the-clock security, and central air conditioning.
  • Professional maintenance services ensure the upkeep of common areas and residential units.

Special Services

  • Additional services like concierge assistance, guest reception areas, and business centers enhance the living experience at the building.

Planning Your Move or Investment

Floor Plans and Property Types

  • Olympic Park 1 provides a variety of floor plans designed to cater to different lifestyles and family sizes.
  • Options include open-plan layouts and traditional designs, accommodating both renters and buyers.

Things to Consider

  • Prospective tenants and buyers should evaluate their lifestyle preferences, budget, and the building’s amenities before making a decision.
  • It's advisable to consider the surrounding community and accessibility to work and recreational activities.

Useful FAQs and Support

Events and Building Life

Building Events

  • Olympic Park 1 fosters a sense of community with regular events and social gatherings, providing residents opportunities to connect.
  • Events may include seasonal celebrations, fitness classes, and community service initiatives.

Community Identity

  • The building stands out with its modern architecture and commitment to sustainability, featuring green spaces and eco-friendly designs.
  • A focus on recreation and sports culture signifies its alignment with the spirit of Dubai Sports City.

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Detailed Buiding Insights

1. Family Friendliness

Olympic Park 1 offers various amenities such as parks, playgrounds, and community centers that cater specifically to families. Additionally, the community regularly hosts family-oriented events, ensuring that families feel engaged and supported.

Exceptionally Welcoming

2. Living Options

The community provides a variety of living options, including apartments and villas, catering to different preferences and budgets. This diversity allows residents to find accommodations that best suit their lifestyle.

Broadly Diverse

3. Safety And Security

The community is known for its rigorous security measures, including 24/7 surveillance and on-site security personnel. Residents often report feeling safe while living and walking around the area.

Remarkably Secure

4. Transportation

While Olympic Park 1 is well-connected to major roadways, public transportation options are limited. Residents can access taxis and rideshare services, but the availability of public transit is not as robust as in other areas.

Moderately Convenient

5. Amenities And Facilities

The community boasts a variety of amenities including swimming pools, gyms, sports facilities, and nearby shopping outlets. These facilities cater to the recreational needs of residents, making everyday living convenient.

Richly Equipped

6. Cost Of Living

Cost of living in Olympic Park 1 is generally balanced in relation to the amenities and lifestyle offered. While it may be more expensive than some surrounding areas, it provides good value given the quality of living.

Relatively Balanced

7. Things To Do

Residents have access to numerous attractions and activities, including sports events at Dubai Sports City, shopping at nearby malls, and a variety of dining options. This variety ensures there's always something to engage in.

Vibrantly Diverse

8. Noise Levels

The community maintains a tranquil atmosphere, with noise levels being significantly lower than in more urbanized areas. This peace enhances the overall living experience for residents.

Generally Peaceful

9. Pet Friendliness

Olympic Park 1 is known for being pet-friendly, with several parks and designated walking areas for pets. Pet owners often express satisfaction with the community's acceptance and resources for their furry companions.

Warmly Accommodating

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Key Information

Developer: Gulf General Investment (GGICO)

Building Type:  Residential

Building Age: 11 years(completed in 2013)

Length: 124 units.

Unit Types : 1 and 2-bedroom apartments

Floors: 15 storeys

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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