V2

TL;DR: V2 is a completed 17-storey residential tower in Dubai Sports City by Tabeer Starwood Holding Limited (now branded Tabeer Developments), housing 160 freehold apartments — studios (426-443 sqft from AED 550,000), 1-bedrooms (721-732 sqft from AED 800,000), and 2-bedrooms (1,206-1,213 sqft from AED 1,200,000). Completed in Q1-Q2 2023 after construction by Royal International Construction, it features a rooftop infinity pool overlooking The Els Club golf course, smart home controls, and delivers estimated gross yields of 7.6 to 9.5 percent.

Overview — Resort-Style Living Overlooking Championship Golf

V2 is a sleek, fully completed residential tower situated in the sporting heart of Dubai Sports City, offering panoramic views of The Els Club championship golf course and the surrounding community landscape. Developed by Tabeer Starwood Holding Limited — now commercially branded as Tabeer Developments, a Dubai-based developer founded in 2014 under Chairman Naveed Godil and Managing Director Arsalan Pirani — V2 is the company's flagship Dubai Sports City project. Construction was carried out by Royal International Construction LLC (established 2008, a member of United Al Saqer Group, licensed for unlimited-floor buildings in Abu Dhabi and Dubai with over 500 employees). The project broke ground in April 2017 with an original completion target of Q3 2018, but was delivered in Q1-Q2 2023 following construction delays.

Tabeer Developments specialises in affordable luxury residential developments and has delivered a growing portfolio including Dragon View in International City (121 units, 2017), Tabeer 1 in International City China Cluster (106 units, June 2022), 48 Parkside in Arjan (187 units, December 2025), 99 Parkplace in JVC (99 units, Q2 2026), and the upcoming Parkside Boulevard in Arjan (165 units plus 6 retail, targeting Q4 2026 to Q1 2027). The company allocated AED 1 billion for its 2024 development budget.

Building Configuration & Smart Home Technology

V2 is configured as B+G+16+2R (1 basement parking level, ground floor, 16 residential floors, and 2 rooftop amenity floors), creating a 17-storey above-ground structure. The building houses 160 residential apartments exclusively — no commercial, retail, or villa components exist within the development. All units are offered on a freehold basis.

A distinguishing feature of V2 is its integrated smart home control system, providing residents with digital management of lighting, cooling, window shades, and security systems from within each unit. All apartments include fully equipped modern kitchens with integrated appliances, built-in wardrobes, central air conditioning, and high-speed optical fibre internet connectivity. The building is served by high-speed passenger elevators and a modern fire safety system with intercom capabilities.

Unit Types, Sizes & Current Market Pricing

Studios measure 426 to 443 square feet. Current asking prices range from AED 550,000 to AED 575,000, with the most recent DLD transaction recording AED 560,000 (AED 1,263 per square foot) in November 2025. Studios attract annual rents averaging approximately AED 53,620 (Bayut average for V2), delivering an estimated gross yield of approximately 9.5 percent.

One-Bedroom Apartments span 721 to 732 square feet. Current asking prices sit at approximately AED 875,000, with recent DLD transactions at AED 800,000 to AED 855,000 (AED 1,110 to AED 1,178 per square foot). One-bedroom furnished units rent for approximately AED 65,000 to AED 78,000 annually, delivering an estimated gross yield of approximately 7.6 percent.

Two-Bedroom Apartments range from 1,206 to 1,213 square feet. Current listings range from AED 1,200,000 to AED 1,500,000, with the most recent DLD sale at AED 1,200,000 (AED 989 per square foot) in January 2026. Two-bedroom units command estimated annual rents of approximately AED 80,000 to AED 90,000, providing a gross yield of approximately 6.7 percent.

The building's total DLD-registered project value is AED 45 million, with 50 sale transactions recorded to date. The average price per square foot across all transactions stands at approximately AED 1,065.

Rooftop Amenities & Wellness

V2 delivers a premium "resort-at-home" experience centred on its spectacular dual-level rooftop amenity deck:

Leisure & Recreation: Rooftop infinity swimming pool with panoramic views over The Els Club golf course and the Dubai Sports City skyline, BBQ deck for outdoor social gatherings, and landscaped podium-level gardens.

Health & Wellness: State-of-the-art fitness centre with modern equipment, steam room, and sauna facilities on the leisure deck.

Family: Dedicated children's play area and splash zone on the podium level.

Security & Infrastructure: 24-hour CCTV security surveillance, modern intercom system, fire safety systems, covered basement parking, and a designer entrance lobby.

Dubai Sports City — The Community

Dubai Sports City spans over 50 million square feet and has been under development since its 2004 groundbreaking by founders Abdul Rahim Al Zarooni, Abdulrahman Falaknaz, and Abdulrahman Bukhatir. The community features five major sporting venues, the ICC Academy (International Cricket Council's global centre of excellence with ODI-accredited ovals and a 68-metre indoor cricket centre), The Els Club (18-hole par-72 championship golf course designed by Ernie Els, winner of Best Golf Course in UAE 2025), the Dubai International Cricket Stadium, and the 25,000-seat outdoor stadium.

V2 overlooks The Els Club directly, placing residents within a golf-centric lifestyle environment. The Inspiratus Sports District provides FIFA-approved football pitches, athletics tracks, and tennis courts. The community also hosts Dwight School Dubai (IB curriculum, Pre-K to Grade 12), GEMS Metropole School, and Victory Heights Primary School (KHDA Outstanding rated).

Payment Plans & Transaction History

V2 was originally marketed with a 50/50 payment plan (50 percent during construction, 50 percent on handover), reflecting Tabeer Developments' buyer-friendly financing approach. Post-handover, all units are now available for immediate move-in or tenant placement on a freehold basis with full foreign ownership eligibility. The Dubai Land Department records show 50 sale transactions to date with a cumulative project value of AED 45 million. Recent transaction activity has been strong — a studio sold for AED 560,000 (AED 1,263 per square foot) in November 2025, and a 2-bedroom unit transacted at AED 1,200,000 (AED 989 per square foot) in January 2026, confirming sustained investor appetite for the building.

Service charges at V2 are competitively positioned for the Dubai Sports City market, reflecting the building's modern construction and efficient design. Annual maintenance fees cover all shared amenities including the rooftop pool, gymnasium, landscaping, security services, and common area utilities.

Location & Connectivity

V2 benefits from proximity to Sheikh Mohammed Bin Zayed Road (E311), just 1.5 kilometres from the building. City Centre Me'aisem is approximately 3 minutes by car. Dubai Marina is reachable in approximately 15 minutes. Downtown Dubai and Dubai International Airport (DXB) are approximately 30 minutes away. The nearest metro stations (Dubai Internet City and Mashreq Metro on the Red Line) are approximately 10 minutes by car. Dubai Sports City does not currently have a dedicated metro station, though the area is expected to benefit from future transport expansion.

Nearby Retail & Dining: The Sports City Retail Crescent provides everyday convenience including supermarkets, pharmacies, cafes, and restaurants within walking distance. City Centre Me'aisem (part of the Majid Al Futtaim portfolio) offers a comprehensive shopping and entertainment experience with a Carrefour hypermarket, VOX Cinemas, and over 100 retail outlets. Motor City's Autodrome Business Park and First Avenue Mall add further retail depth to the immediate catchment.

Healthcare: Mediclinic Parkview Hospital is approximately 5 minutes by car. NMC Royal Hospital DIP and Aster Clinic outlets serve the broader area.

Investment Summary — Affordable Entry, Strong Yields

V2 represents one of Dubai Sports City's most compelling investment propositions, combining affordable entry pricing (studios from AED 550,000), verified strong yields (7.6 to 9.5 percent gross depending on unit type), and the lifestyle premium of golf-course views and resort-style amenities. The building's 2023 completion means buyers acquire a modern, recently built asset with contemporary specifications, smart home technology, and minimal near-term maintenance requirements. Dubai Sports City's ongoing maturation as a community — with improving infrastructure, new F&B outlets, and growing population density driving rental demand — positions V2 for continued capital appreciation alongside its attractive income returns. Tabeer Developments' expanding portfolio and AED 1 billion development budget reinforce the developer's commitment to the market and long-term value delivery.