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:
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
The Medalist is located within walking distance of many social and leisure facilities, including:
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:
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
Sign up for our weekly newsletter for market updates!