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Elite 8 Sports Residence

A studio in Elite 8 Sports Residence costs a median AED 450,000 and rents long-let for AED 40,000/yr (8.16% gross) — -0.7 pts vs Dubai Sports City's 8.89% and +1.2 pts vs Dubai's 6.97% — from 51 sales and 178 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
35 in 12 months
Rental contracts · Studio
93 in 12 months
Buy
450,000AED
AED 930/sqft
Long-let
8.16%
AED 40,000/yr

Price per sqft: Median of 35 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
-0.7 pts
vs the Dubai Sports City median for this unit type
Turnover upside
+6.7%
new tenants pay more than sitting ones — 178 renewals
AED/yr/sqft
AED 89
Sales
51
Rental contracts
178
Renewal rent
AED 37,500/yr
12 months
-9.2%
3 years
+23.9%+7.4%/yr
5 years
+58.6%+9.7%/yr

Based on 51 sales and 178 rental contracts in the last 24 months.

Elite 8 Sports Residence is an apartment building in Dubai Sports City, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 1,262 registered sales in all — the 51 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 450,0009528.16%
-0.7 pts
-9.2%51
1 bedAED 642,5008197.83%
-0.5 pts
-1.4%32
2 bedAED 995,0007277.08%
-1.0 pts
+19.1%10
3 bedAED 1.35M8887.78%
+0.4 pts
7

Deltas compare each yield with the Dubai Sports City median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 3 bed: Priced off the last 5 sales — most recent July 2025.

Short-let rates around Elite 8 Sports Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m3080.39AED 62,716AED 56,0001.1×9.76%4+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Elite 8 Sports Residence itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Elite 8 Sports Residence between 2014 and 2016 went for a median of AED 905/sqft (AED 603,700). The same building resells today at AED 900/sqft (AED 575,000) — an uplift of -4.8%.

Based on 551 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

58 resales in the last 12 months, against 44 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
25 Aug 2026Studio468AED 460,000982
9 Jul 2026Studio489AED 436,455892

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
29 Sept 20262 bed1,390AED 71,66352Renewal
1 Sept 20261 bed809AED 56,00069Renewal
1 Sept 20262 bed1,390AED 80,00058New
1 Sept 2026Studio447AED 36,00081New
1 Sept 20261 bed730AED 52,00071New
25 Aug 2026Studio503AED 42,00083New
25 Aug 20263 bed1,520AED 90,00059New
22 Aug 20261 bed663AED 48,00072Renewal
18 Aug 2026Studio459AED 42,00092New
15 Aug 20261 bed814AED 55,00068Renewal
11 Aug 2026Studio409AED 25,00061New
10 Aug 20261 bed851AED 55,00065New
10 Aug 2026Studio456AED 36,75081Renewal
9 Aug 20261 bed809AED 52,00064New
9 Aug 20261 bed809AED 52,00064New
9 Aug 20261 bed763AED 52,00068New
8 Aug 2026Studio473AED 39,00083Renewal
5 Aug 2026Studio449AED 40,00089Renewal
5 Aug 2026Studio409AED 33,74282New
5 Aug 2026Studio483AED 42,00087Renewal
5 Aug 2026Studio409AED 38,50094Renewal
4 Aug 2026Studio473AED 39,00083New
2 Aug 20263 bed1,520AED 100,00066Renewal
2 Aug 2026Studio450AED 35,00078New
1 Aug 2026Studio420AED 40,00095New
1 Aug 2026Studio447AED 37,00083New
1 Aug 20261 bed809AED 46,35957New
1 Aug 2026Studio433AED 35,00081New
1 Aug 20261 bed765AED 53,00069New
1 Aug 20262 bed1,428AED 70,42749Renewal
1 Aug 20261 bed771AED 48,51063Renewal
28 Jul 20261 bed809AED 56,00069Renewal
26 Jul 2026Studio503AED 35,50071New
25 Jul 20261 bed663AED 56,00084Renewal
25 Jul 2026Studio447AED 40,00090Renewal
25 Jul 20261 bed827AED 55,00067New
23 Jul 2026Studio478AED 38,00080New
20 Jul 2026Studio478AED 38,00080New
20 Jul 2026Studio449AED 36,00080New
20 Jul 2026Studio409AED 35,00085New
19 Jul 2026Studio467AED 39,00084Renewal
17 Jul 20261 bed664AED 50,00075New
15 Jul 20262 bed1,252AED 68,00054New
12 Jul 20262 bed1,429AED 68,60748Renewal
10 Jul 20261 bed851AED 49,35058Renewal
10 Jul 20261 bed819AED 54,00066Renewal
10 Jul 20262 bed1,389AED 80,00058Renewal
7 Jul 2026Studio503AED 37,00074New
6 Jul 20262 bed1,252AED 85,00068Renewal
5 Jul 2026Studio478AED 42,00088Renewal
5 Jul 20263 bed1,520AED 105,00069New
4 Jul 20262 bed1,428AED 82,00057New
4 Jul 2026Studio468AED 36,00077New
4 Jul 2026Studio435AED 34,65080Renewal
1 Jul 2026Studio491AED 35,00071New
1 Jul 2026Studio473AED 45,00095Renewal
1 Jul 20262 bed1,253AED 69,09055Renewal
28 Jun 20263 bed1,522AED 120,00079New
25 Jun 20261 bed729AED 55,00075Renewal
25 Jun 2026Studio420AED 33,07579Renewal

Showing the 60 most recent of 92 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
18
Flats
468

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Dubai Sports City, on the same figures over the same window.

Common questions

What is the rental yield in Elite 8 Sports Residence?
Elite 8 Sports Residence returns 8.16% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 178 rental contracts registered in the last 24 months.
How much does a studio in Elite 8 Sports Residence cost?
The median registered sale price is AED 450,000 (952 AED/sqft), from 51 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Elite 8 Sports Residence selling for right now?
Registered sales of ready units in Elite 8 Sports Residence over the last 12 months have a median of 930 AED/sqft, across 35 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Elite 8 Sports Residence risen or fallen?
Median price per square foot moved -9.2% over the last 12 months against the 12 before it, on 51 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Elite 8 Sports Residence compare with Dubai Sports City?
Its 8.16% gross yield sits -0.7 pts against the Dubai Sports City median of 8.89%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Elite 8 Sports Residence sale record

Record type
Building-level property market record
Data date
Evidence base
51 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/dubai-sports-city/elite-8-sports-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Elite 8 Sports Residence sale prices and yield.” Dubai Sports City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-sports-city/elite-8-sports-residence.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.