The Medalist
About the project The Medalist
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The Medalist is a 15-storey residential complex located in Dubai Sports City. The project was developed by Golden Circles Development Limited.
Properties include studios and one- to four-bedroom apartments. Studios are equipped with fitted kitchens, modern bathrooms, living areas, and balconies. Apartments feature living rooms, dining rooms, balconies, semi-enclosed built-in kitchens, and ensuite bathrooms. Two- and three-bedroom apartments have two balconies and spacious living rooms and dining areas. Four-bedroom apartments also have staff accommodations and laundry areas. All units have marble floors and built-in wardrobes.
The building provides a variety of amenities and services, including:
- Covered parking (the number of spaces depends on the size of the unit)
- High-speed lifts
- 24-hour security and video surveillance
- Central air conditioning
- Meeting and event space
- Swimming pool
- Jacuzzi, sauna, and steam room
- Modern gym
- Children’s playground
Properties range in size from 600 sq. ft. to 3,003 sq. ft. The average price of a studio is AED 399,000 (USD 109,000), and the average price of a four-bedroom apartment is AED 1,650,000 (USD 450,000).
*The price is valid for 2021
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Property Information
- Location Dubai Sports City, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-4BR
- Area from
Location
The Medalist is located within walking distance of many social and leisure facilities, including:
- Pulcinella, Desert Wok, and Ricky’s Restaurant
- Al Maya Supermarket, Spinneys, and Carrefour City
- Dubai Sports City
- Renaissance School Sports City
- NMC Royal Hospital
The nearest bus stops, Victory Heights East Gate 1, Arena Tower, and Dubai Cricket Stadium, can be reached within a two-minute walk of the residences. Dubai International Airport is situated within a 25-minute drive. The complex is located within a 10- to 15-minute drive of several attractions, including:
- The Selfie Kingdom, the first selfie museum in the UAE
- Global Village Dubai, one of the city’s largest leisure, entertainment, and shopping centres
- Dubai Marina Mall, one of the city’s most famous shopping malls
Economic attractiveness
Dubai Sports City is located near numerous sports and leisure facilities. Given that it is a developing area, real estate is in demand among local and foreign investors. The Medalist offers properties that have a return on investment rate of 6%.
The annual rental rate for a studio in the Medalist starts at AED 38,000 (USD 10,000), and apartments have a maximum annual rental rate of AED 100,000 (USD 27,000). The estimated payback period on investments ranges from 16 to 20 years.
*The price is valid for 2021
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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