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Olympic Park, Dubai Sports City

Olympic Park, Dubai Sports City

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Dubai Sports City, Dubai

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Strengths

State-of-the-art sports facilities

Strategic location

Sustainable design

Weakens

Limited public transport options

High maintenance costs

Seasonal weather challenges

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Buildign Overview

Summary

  • Olympic Park is a contemporary residential development located in the dynamic area of Dubai Sports City, offering a unique blend of luxury and convenience.
  • The building is surrounded by numerous sports facilities, parks, and recreational areas, making it ideal for active lifestyles.
  • Nearby landmarks include the Dubai Autodrome, ICC Academy, and the Els Club, enhancing both living and leisure opportunities.
  • Compared to nearby residential towers, Olympic Park boasts modern design and a variety of unit sizes, appealing to diverse buyers.

Properties Overview

  • The property features a range of unit types, including 1, 2, and 3-bedroom apartments, catering to families, young professionals, and investors alike.
  • Average rental prices vary from AED 60,000 to AED 110,000 per year, depending on unit size and view.
  • For buyers, property prices typically range from AED 800,000 to AED 1.5 million, providing good value for money in the Dubai real estate market.

Market Trends

  • In the past year, Olympic Park has seen a 5% increase in rental prices, reflecting the growing demand for quality residential options in Dubai Sports City.
  • Sales prices have remained stable, with an average ROI of approximately 7%, indicating a healthy investment environment.
  • Looking ahead, trends suggest a continued interest in both rental and purchase options as the area develops further and more amenities become available.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Several supermarkets and grocery stores are within a short distance, ensuring easy access to daily necessities.
  • Quality educational institutions, including schools and nurseries, are located nearby, catering to families living in Olympic Park.
  • Healthcare facilities, such as clinics and hospitals, provide residents with comprehensive medical services, ensuring peace of mind.

Transportation and Accessibility

  • The building boasts easy access to major roadways, facilitating commutes to Dubai's key areas.
  • Public transportation options, including buses and metro stations, are conveniently located, providing residents with flexible travel options.
  • Ample parking spaces are available for both residents and visitors, enhancing accessibility.

Lifestyle Amenities

  • Residents can enjoy an array of lifestyle amenities, including a state-of-the-art gym, swimming pool, and landscaped gardens.
  • Nearby dining options range from casual cafes to fine dining restaurants, offering diverse culinary experiences.
  • Outdoor enthusiasts can take advantage of nearby parks and sports facilities, suitable for various activities.

Builing Facilities

  • Olympic Park features modern facilities including high-speed elevators, 24-hour security services, and central air conditioning.
  • Regular maintenance services ensure that the property remains in excellent condition for residents.

Special Services

  • Additional services include concierge support and guest services, offering convenience for residents and their visitors.
  • Business centers and communal areas foster a sense of community, making it easy to network and socialize.

Planning Your Move or Investment

Floor Plans and Property Types

  • Various floor plans are available, ranging from open space designs to more traditional layouts, meeting the needs of different lifestyles and family sizes.
  • Units are designed with high-quality finishes, emphasizing comfort and aesthetics.

Things to Consider

  • Investigate community amenities, including security, maintenance services, and recreational areas.
  • Evaluate proximity to work and schools, as well as access to public transport and key attractions.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, social gatherings, and wellness activities foster a strong sense of community among residents.
  • Seasonal celebrations and holiday events provide opportunities for residents to connect and build friendships.

Community Identity

  • Olympic Park is distinguished by its commitment to a healthy and active lifestyle, reflected in its recreational offerings and community spirit.
  • Unique architectural features and green spaces contribute to the building's appeal, enhancing the living experience.

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Detailed Buiding Insights

1. Family Friendliness

Olympic Park offers spacious parks, playgrounds, and community events that cater to families, making it a great environment for children.

Exceptionally Welcoming

2. Living Options

The community features a variety of modern residential options including apartments and townhouses, appealing to different lifestyles and budgets.

Diverse and Modern

3. Safety And Security

With a dedicated security team and surveillance systems, residents enjoy a secure living environment, contributing to peace of mind for families and individuals.

Very Safe

4. Transportation

Olympic Park benefits from a well-connected road network and proximity to public transport options, making it easy to navigate the wider Dubai area.

Conveniently Accessible

5. Amenities And Facilities

The community boasts excellent amenities including gyms, swimming pools, and retail outlets, ensuring that residents have access to all necessary facilities.

Well-Equipped

6. Cost Of Living

Compared to other areas in Dubai, Olympic Park offers competitive pricing for housing and living costs, making it an attractive option for both families and young professionals.

Relatively Affordable

7. Things To Do

There are numerous recreational activities available, including sporting events at Dubai Sports City and community festivals, ensuring residents can enjoy a variety of entertainment options.

Vibrantly Engaging

8. Noise Levels

Despite being close to sports facilities, Olympic Park maintains a serene ambiance with limited noise pollution, ideal for relaxation and family time.

Generally Peaceful

9. Pet Friendliness

The community is known for being pet-friendly, featuring parks and open spaces where pets can play and socialize comfortably.

Welcoming to Pets

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Key Information

Developer: Gulf General Investments Company (GGICO)

Building Type: Residential

Building Age: 11 years(Date of completion: 2013)

Unit Types : 1 and 2-bedroom apartments

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

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