Olivz Residence Block 1 rents
- 149 new leases and 78 renewals in 12 months
- International City
- near Rashidiya Metro Station
A studio here leases for about AED 41,600 a year, 30% above the typical International City studio. New tenants pay more than renewing ones, who pay AED 40,000.
Studio · typical new lease
41,600AEDa year
AED 106/sqft · +4.0% on a year
- A month, roughly
- AED 3,467
- Renewal
- AED 40,000
- vs International City studio
- 30% above the median
- New leases, 12 months
- 86
What should a lease in Olivz Residence Block 1 cost?A studio leases for about AED 41,600 a year; new tenants pay 4.0% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the International City median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A studio here now costs 4.0% more than a year earlier: AED 41,600 against 40,000.
Chart data, Studio: 2024, AED 38,000; latest, 2026, AED 41,000; peak, 2025, AED 41,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About Olivz Residence Block 1An apartment building in International City
Olivz Residence Block 1 is an apartment building completed in 2023 by Danube Properties in International City. 227 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Master developer
- Danube Properties
Nearest, as registered
- Metro
- Rashidiya Metro Station
- Mall
- City Centre Mirdif
- Landmark
- Dubai International Airport
Letting a unit in Olivz Residence Block 1?New tenants pay more than renewing ones
- New tenant vs renewal
- +5.9%
- New leases AED 45,000, renewals 42,500, all types
Ejari leases to 12 Oct 2026
Thinking of selling? Olivz Residence Block 1 sale prices →Comparables in International City
Every International City building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Olivz Residence Block 1 places 1st of 51; the nearest 4 are shown.
Rank 1 is the dearest per square foot. Differences are against Olivz Residence Block 1.
At studio, Olivz Residence Block 1 ranks 3rd of 40 by rent per square foot and 17th of 22 by gross yield in International City.
Market context in International City
Registered sales activity
1,261 ready apartment sales in the 12 months to 2026-10-12.
+4.4% in median AED/sqft versus the preceding year, supported by 1,261 current and 1,792 prior price observations.
Explore sales activityPlanned apartment projects
102 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
459 apartments are planned in International City from 2026 to 2028, equal to 2% of the 24,476 homes let there today.
Ready prices per sqft fell in 5% of 39 buildings (counted once per bedroom type) in International City with sales in both years; the typical one moved +7.3%.
The pooled median moved +4.3%: 3.0 points less than the typical building, because different buildings traded in each year.
New-lease rents fell in 8% of 26 buildings (counted once per bedroom type) with leases in both years; the typical one moved +3.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Olivz Residence towers
3 towers in Olivz Residence, at the bedroom type above.
Ejari files Olivz Residence’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
International City: every development at this typeInternational City: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. A median needs 3 rows; a dash with a count means fewer.
More from Danube Properties
Skyz by Danube
Arjan · 586 contracts, 12 months
53,000
AED a year median · 121/sqft
Opalz By Danube - Tower 1
Dubai Science Park · 330 contracts, 12 months
61,000
AED a year median · 97/sqft
Opalz By Danube - Tower 2
Dubai Science Park · 330 contracts, 12 months
61,000
AED a year median · 97/sqft
Lawnz by Danube Block 1
International City · 329 contracts, 12 months
45,000
AED a year median · 94/sqft
Nearby in International City
Prices per sq ft around Olivz Residence Block 1, on the mapPrices per sq ft around Olivz Residence Block 1, on the map
Olivz Residence Block 2
International City · 149 contracts, 12 months
45,000
AED a year median · 98/sqft
Olivz Residence Block 3
International City · 149 contracts, 12 months
45,000
AED a year median · 98/sqft
Emirates Cluster Building EMR-04
International City · 661 contracts, 12 months
36,000
AED a year median · 62/sqft
Emirates Cluster Building EMR-12
International City · 661 contracts, 12 months
36,000
AED a year median · 62/sqft
Ask about Olivz Residence Block 1
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Common questions
- What is the registered annual rent for a studio in Olivz Residence Block 1?
- The median new annual rent is AED 41,600, from 86 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Olivz Residence Block 1 risen or fallen?
- The median new annual rent changed +4.0% in the trailing 12 months against the previous 12, using 86 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Olivz Residence Block 1 pay more than sitting ones?
- A new tenant pays +4.0% against a renewing one, across 43 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 86 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.
For agents
Send this page to a client as a branded report
Olivz Residence Block 1 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 46 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Olivz Residence Block 1 rents and yield.” International City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/international-city/olivz-residence-block-1
Stable dataJSON