Olympic Park 1, Al Hebiah Fourth

Olympic Park 1 is a mixed-use building in Al Hebiah Fourth, Dubai, developed by Ggico. It holds about 145 units: 1-bedroom apartments, 2-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 16 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 743 per sq ft.

Olympic Park 1 is one of 108 buildings in Al Hebiah Fourth: 72 are complete and 32 are still being built.

• A mixed-use ready building
• Located in Al Hebiah Fourth, Dubai
• Developed by Ggico
• Completed in Q1 2012
• Unit types: 1 Bed, 2 Beds, Commercial
• Sizes from 140 to 1,610 sq ft
• Service charge from AED 14.75 per sq ft
• Jumeirah Golf Estates metro station 5.9 km away

Status

Ready

Developer

Ggico

Location

Al Hebiah Fourth, Dubai

Completed

Q1 2012

Unit types

1 Bed, 2 Beds, Commercial

Prices from

AED 580.0K

Median price per sq ft

AED 743

Median gross yield

6.0%

Service charge

AED 14.75 per sq ft (2026)

Nearest metro

Jumeirah Village Circle, 1.6 km

Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 1.1M to AED 1.5M (1,454 to 1,614 sq ft), across 16 sales
• 1-bedroom apartments: AED 740.0K to AED 750.0K (1,011 to 1,054 sq ft), across 4 sales

2-bedroom homes in Olympic Park 1 were let for AED 92.5K to AED 95.0K a year across 2 recent contracts, with a median of AED 93.8K.

Yearly rents from recent registered contracts, by unit type:

• 2-bedroom apartments: AED 92.5K to AED 95.0K a year (1,614 sq ft), across 2 contracts

Every sale in Olympic Park 1Every rent contract in Olympic Park 1

The 2026 service charge in Olympic Park 1 is AED 14.75 per sq ft for homes, AED 7.62 per sq ft for villas. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Olympic Park 1 is Jumeirah Golf Estates (red line, 5.9 km, about 14 min drive), then Al Furjan (red line, 6.4 km, about 15 min drive). Stations planned on new lines nearby include Jumeirah Village Circle (golden line, 1.6 km, about 5 min drive) and Dubai Production City (golden line, 3.7 km, about 9 min drive). Most residents will drive or take a taxi to the metro.

• Jumeirah Village CircleGolden line · 1.6 km · about 5 min drive
• Dubai Production CityGolden line · 3.7 km · about 9 min drive
• Dubai Miracle GardenGolden line · 3.8 km · about 10 min drive
• Hadaeq Mohammed Bin RashidGolden line · 4.5 km · about 11 min drive
• Jumeirah Golf EstatesRed line · 5.9 km · about 14 min drive
• Jumeirah Golf Estates InterchangeGolden line · 5.9 km · about 14 min drive

The closest is Arena Mall, 0.9 km from Olympic Park 1 (about 11 min walk).

• Arena MallShopping Mall · 0.9 km · about 11 min walk
• Uptown Motor CityShopping Mall · 3.2 km · about 8 min drive
• Jumeirah Park Pavilion (Community Center)Shopping Mall · 5.4 km · about 13 min drive
• Spinneys / Green Community (Located in Emirates Road)Supermarket · 6.6 km · about 15 min drive

The closest is Medlock Villas, 3.3 km from Olympic Park 1 (about 9 min drive).

• Medlock VillasHotel · 3.3 km · about 9 min drive
• Gloria HotelHotel · 6.7 km · about 15 min drive
• Gulf Oasis Hotel ApartmentsHotel · 6.8 km · about 16 min drive
• Grand Belle Vue Hotel Apartment DubaiHotel · 6.9 km · about 16 min drive
• Ramada Chelsea Al Barsha HotelHotel · 7.2 km · about 16 min drive

The closest is Saudi German Hospital, 6.7 km from Olympic Park 1 (about 15 min drive).

• Saudi German HospitalHospital · 6.7 km · about 15 min drive
• Armada Medical CentreHospital · 7.7 km · about 17 min drive

The nearest is Renaissance School L.L.C, 1.2 km away. Ratings are the KHDA's latest inspection grades.

• Renaissance School L.L.CAmerican · KHDA: Acceptable · 1.2 km
• Victory Heights Primary School L.L.CUK · KHDA: Outstanding · 1.3 km
• Dwight School L.L.CInternational Baccalaureate · KHDA: Good · 1.8 km
• Sunmarke School FZEUK - International Baccalaureate (1 · KHDA: Very good · 2.1 km
• Royal Grammar School Guildford L.L.CUK · KHDA: Very good · 2.1 km
• Nord Anglia International School L.L.CUK - UK/IB · KHDA: Outstanding · 2.4 km

Al Hebiah Fourth has 108 buildings. A few others to compare Olympic Park 1 with:

• Off-plan

  Alaya

  Al Hebiah Fourth · Majid Al Futtaim

  Handover 20 Jul 2026 · 92% built

• Ready

  Alicante Villas

  Al Hebiah Fourth · Dubai Sports City

  Completed 2025

• Off-plan

  All Seasons Residence

  Al Hebiah Fourth · Abdul Jalil Darwish

  Handover 30 Mar 2027 · 8% built

• Ready

  Amal Tower

  Al Hebiah Fourth · Consolidated Urban

  Completed 2025

• Off-plan

  Amara

  Al Hebiah Fourth · Majid Al Futtaim

  Handover 1 Dec 2026 · 71% built

• Off-plan

  Antalya By Karma

  Al Hebiah Fourth · Karma Realty

  Handover 30 Sept 2028 · 0% built