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Olivz Residence Block 2

A 1 bed in Olivz Residence Block 2 costs a median AED 760,000 and rents long-let for AED 56,000/yr (7.37% gross).

  • Ask
Buy · 1 bed
760,000AED
AED 1,231/sqft · +11.2% 12mo
Long-let
AED 56,000/yr · -0.1 pts vs area
7.37%

5 sales · 55 rental contracts in 12 months · Data to 2026-09-11 · refreshed 2026-09-16

Appreciation

1 bed · price per sqft · Al Warsan · area median AED 1,198/sqft

Price per sqft, 12 months
+11.2%
3 years
+39.0% · +11.6%/yr
5 years
+44.5% · +7.6%/yr
vs area median
+2.8%

Rental income

1 bed · Al Warsan

Gross yield
7.37%
Median new rent
AED 56,000/yr
Yield vs area median
-0.1 pts
Yield vs Dubai (6.94%)
+0.4 pts
Renewal rent
AED 54,600/yr
New tenants pay vs sitting (31 renewals)
+2.6%

1 bed figures rest on 5 registered sales and 55 new rental contracts in the 12 months to 2026-09-11; rents pooled across the project. Latest price record Sept 2026.

Read with care

  • Rental data covers the whole Olivz Residence project, not this tower alone.
How 7.37% is calculated
Gross yield
7.37% gross yield
Numerator
AED 56,000 median new rent · 55 contracts in 12 months
Denominator
÷ AED 760,000 price benchmark
Benchmark basis
Median of 5 sales in the last 12 months · latest Sept 2026

Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent September 2026.

Olivz Residence Block 2 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 222 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 505,00013528.32%
-0.1 pts
AED 42,000
87
under 5 sales in a year4
1 bedAED 760,00012317.37%
-0.1 pts
AED 56,000
55
+11.2%5

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 505,000 · 4 sales in 12 months · latest Mar 2026
  • 1 bed: price benchmark AED 760,000 · 5 sales in 12 months · latest Sept 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
875AED/sqft
off-plan sales 2020–2024 · 179 sales · AED 473,280 typical
Resale today
1,332AED/sqft
ready sales, last 12 months · 9 sales · AED 675,000 typical
Uplift
+42.6%
+9.3%/yr from the launch midpoint

Units sold off-plan in Olivz Residence Block 2 between 2020 and 2024 went for a median of AED 875/sqft. The same building resells today at AED 1,332/sqft, an uplift of +42.6%.

Based on 179 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.

9 resales in the last 12 months, against 22 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
7 Sept 20261 bed650AED 675,0001,039
16 Jun 20261 bed633AED 780,0001,231
15 Jun 20261 bed553AED 760,0001,374
4 Mar 2026Studio362AED 500,0001,380
19 Feb 2026Studio360AED 480,0001,332
4 Dec 2025Studio381AED 520,0001,365
17 Nov 20251 bed650AED 820,0001,262
29 Sept 20251 bed631AED 750,0001,189
18 Sept 2025Studio381AED 510,0001,338

9 resales in the last 12 months.

Where Olivz Residence Block 2 stands

Olivz Residence Block 2 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 2?
Olivz Residence Block 2 returns 7.37% gross: a median new-contract rent of AED 56,000 a year (55 Ejari contracts in 12 months) over a price benchmark of AED 760,000 (median of 5 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Olivz Residence Block 2 cost?
The median registered sale price is AED 760,000 (1,231 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Olivz Residence Block 2 selling for right now?
Registered sales of ready units in Olivz Residence Block 2 over the last 12 months have a median of 1,231 AED/sqft, across 5 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Olivz Residence Block 2 risen or fallen?
Median price per square foot moved +11.2% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Olivz Residence Block 2 compare with Al Warsan?
Its 7.37% gross yield sits -0.1 pts against the Al Warsan median of 7.47%, 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.

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 2 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 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-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Olivz Residence Block 2 sale prices and yield.” Al Warsan, Dubai. Data to 2026-09-11. https://dubaiwealthindex.com/sale/apartments/dubai/al-warsan/olivz-residence-block-2

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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