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Olivz Residence Block 1

A studio in Olivz Residence Block 1 costs a median AED 509,000 and rents long-let for AED 42,000/yr (8.25% gross).

  • Ask
Buy · Studio
509,000AED
AED 1,237/sqft
Long-let
AED 42,000/yr · -0.1 pts vs area
8.25%

4 sales · 87 rental contracts in 12 months · Data to 2026-09-11 · refreshed 2026-09-16

Appreciation

Studio · price per sqft · Al Warsan · area median AED 1,352/sqft

3 years
+31.2% · +9.5%/yr
vs area median
-8.5%
Off-plan uplift, 2020–2024
+51.9% · +11.0%/yr

Rental income

Studio · Al Warsan

Gross yield
8.25%
Median new rent
AED 42,000/yr
Yield vs area median
-0.1 pts
Yield vs Dubai (6.94%)
+1.3 pts
Renewal rent
AED 40,000/yr
New tenants pay vs sitting (48 renewals)
+5.0%

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.

Yield by bedroom type

TypeMedian priceAED/sqftYieldNew rent (contracts)12moSales
StudioAED 509,00012378.25%
-0.1 pts
AED 42,000
87
under 5 sales in a year4
1 bedAED 760,00011967.37%
-0.1 pts
AED 56,000
55
under 5 sales in a year4

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

Off-plan vs resale

What units sold for at launch against what the finished building resells for now, all unit types.

Launch median
828AED/sqft
off-plan sales 2020–2024 · 144 sales · AED 410,200 typical
Resale today
1,205AED/sqft
ready sales, last 12 months · 8 sales · AED 650,000 typical
Uplift
+58.5%
+12.2%/yr from the launch midpoint

Units sold off-plan in Olivz Residence Block 1 between 2020 and 2024 went for a median of AED 828/sqft. The same building resells today at AED 1,205/sqft, an uplift of +58.5%.

Based on 144 off-plan sales across the building's full history.

Why this uses the full history
The launch median uses all-history off-plan sales; the resale median uses ready sales in the trailing 12 months. These are unpaired transaction groups at building grain, not matched unit resales or realised investor gains. Costs are excluded.

Recent transactions

As filed with the Land Department — data to 2026-09-11.

8 resales in the last 12 months, against 17 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
17 Aug 2026Studio394AED 470,0001,191
22 Jul 2026Studio388AED 498,0001,282
25 Jun 20261 bed639AED 750,0001,174
6 Apr 20261 bed632AED 770,0001,218
26 Jan 20261 bed629AED 805,0001,279
13 Jan 2026Studio474AED 550,0001,160
18 Dec 2025Studio394AED 520,0001,318
4 Nov 20251 bed848AED 750,000885

8 resales in the last 12 months.

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.

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

Common questions

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.
How much does a studio in Olivz Residence Block 1 cost?
The median registered sale price is AED 509,000 (1,237 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How does Olivz Residence Block 1 compare with Al Warsan?
Its 8.25% gross yield sits -0.1 pts against the Al Warsan median of 8.39%, computed the same way at the same bedroom grain. 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.
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.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data to 2026-09-11, refreshed 2026-09-16.

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 yield states its price benchmark and evidence count beside it.

Olivz Residence Block 1 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
4 registered sales in the trailing 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/al-warsan/olivz-residence-block-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Olivz Residence Block 1 sale prices and yield.” Al Warsan, Dubai. Data to 2026-09-11. https://dubaiwealthindex.com/sale/apartments/dubai/al-warsan/olivz-residence-block-1

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.

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