What is the registered annual rent for a studio in Olivz Residence Block 1?

The median new annual rent is AED 42,000, from 87 Ejari contracts in the trailing 12 months to 2026-09-11. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

Do new tenants in Olivz Residence Block 1 pay more than sitting ones?

A new tenant pays +5.0% against a renewing one, across 48 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Olivz Residence Block 1?

4 sales were registered with the Dubai Land Department in the last 12 months, alongside 87 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Olivz Residence Block 1?

Rashidiya Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is City Centre Mirdif.

What is the rental yield in Olivz Residence Block 1?

Olivz Residence Block 1 returns 8.25% gross: a median new-contract rent of AED 42,000 a year (87 Ejari contracts in 12 months) over a price benchmark of AED 509,000 (median of 4 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

Olivz Residence Block 1 — rental prices & yield

What it costs to rent

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Rent level

Studio · Al Warsan · area median AED 42,000/yr

Median new rent: AED 42,000/yr
Rent per sqft: AED 106/yr
vs area median: +0.0%
Renewal rent: AED 40,000/yr
New tenants pay vs sitting (48 renewals): +5.0%

Rent movement

Studio · rent per sqft

Rent per sqft, 12 months: +5.0%

Own it instead

Studio · 4 sales in 12 months

Median price: AED 509,000
Gross yield: 8.25%
Yield vs area median: -0.1 pts
Yield vs Dubai (6.94%): +1.3 pts

Studio figures rest on 4 registered sales and 87 new rental contracts in the 12 months to 2026-09-11; rents pooled across the project. Latest price record Aug 2026.

Read with care

Rental data covers the whole Olivz Residence project, not this tower alone.
Thin sample — 4 sales in 12 months. Treat these figures as indicative.

How 8.25% is calculated

Gross yield: 8.25% gross yield
Numerator: AED 42,000 median new rent · 87 contracts in 12 months
Denominator: ÷ AED 509,000 price benchmark
Benchmark basis: Median of 4 sales in the last 12 months · latest Aug 2026

Olivz Residence Block 1 is an apartment building in Al Warsan, Dubai, one of the towers in the Olivz Residence development. The closest metro station is Rashidiya Metro Station, the nearest mall City Centre Mirdif and the nearest landmark Dubai International Airport. Land Department records from 2020 to 2026 contain 179 registered sales across all bedroom types. Current sale figures use the last 12 months; rental medians use new Ejari contracts from the same period.

Rent history

Median annual rent per sqft registered in Olivz Residence Block 1, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 42,000	106	8.25% -0.1 pts	87
1 bed	AED 56,000	91	7.37% -0.1 pts	55

Deltas compare each yield with the Al Warsan median for the same unit type. How these yields are computed

How these yields are computed

Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike. Each bedroom type is priced off its own sales; the columns beside each yield show both legs and the sales the benchmark rests on.

Studio: price benchmark AED 509,000 · 4 sales in 12 months · latest Aug 2026
1 bed: price benchmark AED 760,000 · 4 sales in 12 months · latest Jun 2026

Worked example: gross yield, costs and shared rental evidence

Recent transactions

Every contract registered with Ejari — data to 2026-09-11.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Where Olivz Residence Block 1 stands

Olivz Residence Block 1 in Al Warsan, and what the register names nearby.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

Metro: Rashidiya Metro Station
Mall: City Centre Mirdif
Landmark: Dubai International Airport

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-09-11 — Dubai Land Department and Ejari, trailing 12 months (on record)
Sales evidence · Studio
4 registered sales in 12 months; thin, a single deal moves the median (read with care)
Rental evidence · Studio
87 new and 48 renewal contracts in 12 months · rent source: project (pooled) (read with care)
Service charge
Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project. (dubailand.gov.ae) (known gap)
Project register
Olivz Residence: recorded complete 2023-07-11 · register data to 2026-07-06 (on record)
Developer
Danube Properties · delivery record (on record)
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross. (known gap)

Filled dot: on record. Hollow: read with care. Dashed: a gap the site cannot close from public data.

Common questions

What is the registered annual rent for a studio in Olivz Residence Block 1?: The median new annual rent is AED 42,000, from 87 Ejari contracts in the trailing 12 months to 2026-09-11. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Do new tenants in Olivz Residence Block 1 pay more than sitting ones?: A new tenant pays +5.0% against a renewing one, across 48 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Olivz Residence Block 1?: 4 sales were registered with the Dubai Land Department in the last 12 months, alongside 87 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Olivz Residence Block 1?: Rashidiya Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is City Centre Mirdif.
What is the rental yield in Olivz Residence Block 1?: Olivz Residence Block 1 returns 8.25% gross: a median new-contract rent of AED 42,000 a year (87 Ejari contracts in 12 months) over a price benchmark of AED 509,000 (median of 4 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

Olivz Residence Block 1