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Olympic Park 3, Dubai Sports City

Olympic Park 3, Dubai Sports City

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Dubai Sports City, Dubai

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Strengths

Modern Architectural Design

Proximity to Sports Facilities

Community Amenities

Weakens

Traffic Congestion

Limited Public Transport

Higher Maintenance Costs

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Buildign Overview

Summary

  • Olympic Park 3 is a contemporary residential building situated in the vibrant Dubai Sports City area.
  • The building is strategically located near various sports facilities and local landmarks, providing an active lifestyle.
  • Nearby amenities include schools, parks, and shopping complexes, along with easy access to major thoroughfares.
  • The residential community offers a blend of premium living and recreational opportunities, making it appealing to families and professionals.

Properties Overview

  • Olympic Park 3 features a range of residential units, including one-, two-, and three-bedroom apartments.
  • Rental prices typically range from AED 60,000 to AED 120,000 annually, depending on unit size and floor level.
  • Properties for sale range from AED 750,000 to AED 1.5 million, attracting both investors and homeowners.
  • The most sought-after units include larger two- and three-bedroom layouts with balcony views.

Market Trends

  • The residential market in Dubai Sports City has shown steady growth, with an increasing demand for units in Olympic Park 3.
  • Rental yields average around 7-8%, making it an attractive option for investors seeking high returns.
  • The past year has seen a slight increase in rental rates, reflecting the ongoing development in the area.
  • Market expectations suggest continued growth, especially with the upcoming infrastructure projects enhancing accessibility.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to nearby supermarkets, schools, and healthcare facilities, including clinics and hospitals.
  • Notable schools in the vicinity include the Royal Grammar School Guildford Dubai and Victory Heights Primary School.

Transportation and Accessibility

  • The building is well-connected by major roads, making commutes to downtown Dubai and surrounding areas convenient.
  • Public transportation options include bus services and the planned Dubai Metro extension, enhancing connectivity.

Lifestyle Amenities

  • Residents can enjoy various lifestyle amenities such as fitness centers, swimming pools, and landscaped gardens.
  • There are nearby dining options, cafes, and recreational facilities, catering to diverse tastes and preferences.

Builing Facilities

  • Olympic Park 3 is equipped with modern facilities, including high-speed elevators and round-the-clock security.
  • The building provides central air conditioning and efficient maintenance services to ensure tenant comfort.

Special Services

  • Services include a concierge to assist residents with various needs and guest services for visitors.
  • Business centers are available for professionals seeking workspace solutions within the building.

Planning Your Move or Investment

Floor Plans and Property Types

  • Olympic Park 3 offers a variety of layouts, accommodating the diverse needs of renters and buyers.
  • Options range from compact one-bedroom units to spacious three-bedroom apartments, appealing to singles, couples, and families.

Things to Consider

  • Key considerations include unit size, floor level, parking options, and proximity to amenities when selecting a property.
  • Buyers should assess their long-term investment strategies, taking into account market trends and potential growth areas.

Useful FAQs and Support

Events and Building Life

Building Events

  • Olympic Park 3 hosts various community events, promoting interaction and fostering a sense of belonging among residents.
  • Regular gatherings, such as holiday celebrations and fitness classes, contribute to a vibrant building life.

Community Identity

  • The building's modern architecture and emphasis on community integrate well with the active lifestyle offerings of Dubai Sports City.
  • Olympic Park 3 stands out for its community-oriented design, attracting sports enthusiasts and families alike.

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Detailed Buiding Insights

1. Family Friendliness

Olympic Park 3 provides numerous playgrounds and family-oriented events throughout the year, making it a top choice for families.

Exceptionally Welcoming

2. Living Options

The community features a variety of living options, including spacious apartments and villas, appealing to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The area has round-the-clock security services and surveillance systems, contributing to a strong sense of safety among residents.

Remarkably Secure

4. Transportation

While public transport options are available, residents may find it beneficial to own a car for easier access to nearby areas.

Moderately Convenient

5. Amenities And Facilities

Olympic Park 3 boasts an array of amenities including gyms, pools, and retail options, catering well to residents' daily needs.

Richly Equipped

6. Cost Of Living

The cost of living is competitive for the area, providing good value considering the quality of life and amenities available.

Relatively Balanced

7. Things To Do

Residents can enjoy numerous sports facilities, parks, and shopping avenues, all within a short distance, catering to various interests.

Vibrantly Diverse

8. Noise Levels

Although there may be occasional activity from nearby sports events, the community maintains a calm and serene atmosphere.

Generally Peaceful

9. Pet Friendliness

The neighborhood has several pet-friendly parks and facilities, making it easy for pet owners to enjoy activities with their animals.

Warmly Accommodating

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Key Information

Developer: Gulf General Investments Company

Building Type: Residential

Building Age: 11 years(completed by October 2013.)

Length: 124

Floors: 15

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

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