−7% Elite 9 Sports Residence
1 BR · Apartment
About the building
23-storey residential building in Sports City, completed in 2016. Developer — Triplanet Range Group. Architect — Barajeel Engineering Consultants.
What the building has
- Swimming pool
- Spa and sauna
- Parking
- 24/7 security
- Barbecue area
Where it is
Dubai Sports City
Dubai Sports City: stadiums, an academy cluster and a golf course, surrounded by some of the cheapest new apartments in the city.
- highest gross yields
- lowest entry prices
- space per dirham
What to check: Building quality and management vary more here than almost anywhere in Dubai, and some older towers have documented service charge and maintenance problems. Request the owners association records before you commit.
Full district guide →Questions and answers about lot NP9-108125
How much is this 1-bedroom apartment in Elite 9 Sports Residence?
Lot NP9-108125 is priced at AED 700 000, about $191 000. The size is 695 sq ft (65 m²), which works out at AED 1 007 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 750 000; it is now AED 700 000 — AED 50 000 less, or 7%.
Is this expensive or cheap for Dubai Sports City?
The database holds 13 lots in Dubai Sports City, starting from AED 600 000. The area median is AED 1 255 per sq ft; this lot, at AED 1 007, is 20% below it. 2 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Sports City area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2016 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 140 000; a loan of AED 560 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 900–3 300 a month. A non-resident puts down from 40% (AED 280 000) and pays about AED 2 200–2 500 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 28 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
The lot's price is AED 50 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 300 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.
Golden Visa and residence visas →What is known about Elite 9 Sports Residence?
The building has 23 floors and 288 units. The developer is Triplanet Range Group. Completion year: 2016. Figures are from the project passport: Propsearch and the Dubai Land Department.
Elite 9 Sports Residence project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-108125 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Elite 9 Sports Residence
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