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OLYMPIC PARK 1

Apartment 1 BR DAMAC Properties

BELOW MARKET

Total Price

740,000

Rate

702 AED/sqft

Size

1,054 sqft

Comparable sales

View area trends

Rental context

Comparable 1-bedroom apartments in DAMAC Hills rent for a median of 60,000/yr across 164 Ejari contracts in the last two years.

Median annual rent
60,000
Sale price (this txn)
740,000
Implied gross yield
8.1%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 702 AED/sqft, below market compared with the median of comparable apartment sales in DAMAC Hills.

  • Comparable median: 1,624 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −56.8%.
  • Gifts and mortgages excluded.
highSale

Location context

DAMAC Hills · DAMAC Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Find OLYMPIC PARK 1 on DXB Interact

DXB Interact lists every sale for the building; the search above pre-fills DLD's beds + price + year so the right building page is usually result #1. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
OLYMPIC PARK 1, DAMAC Hills
in Dubai Sports City
Sale date
27 Apr 2026
Procedure
Lease to Own Registration · Ready · arm's-length
DLD ref
DLD-1-110-2026-271
DLD AED/sqm
7,554(our derived AED/sqft: 702)
▸ Raw DLD record
transaction_id
dld-1-110-2026-271
instance_date
2026-04-27
area_name_en
DAMAC Hills
master_project_en
Dubai Sports City
project_name_en
OLYMPIC PARK 1
building_name_en
OLYMPIC PARK 1
property_type_en
Apartment
rooms
1 BR
size_sqft
1,054
actual_worth
AED 740,000
meter_sale_price
7,554 AED/sqm
procedure_name_en
Lease to Own Registration
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
2 / 2
nearest_landmark_en
Sports City Swimming Academy
nearest_metro_en
Nakheel Metro Station
nearest_mall_en
Marina Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗