Olivz Residence Block 3

Olivz Residence Block 3 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.

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

Units sold off-plan in Olivz Residence Block 3 between 2020 and 2024 went for a median of AED 815/sqft. The same building resells today at AED 1,179/sqft, an uplift of +44.8%.

Based on 150 off-plan sales across the building's full history.

10 resales in the last 12 months, against 14 a year on average over 2023–2025.

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10 resales in the last 12 months.

Metro

Rashidiya Metro Station

Mall

City Centre Mirdif

Landmark

Dubai International Airport

• Sales and rents to
  2026-09-11 — Dubai Land Department and Ejari, trailing 12 months (on record)
• Sales evidence · Studio
  5 registered sales in 12 months (on record)
• 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.

What is the rental yield in Olivz Residence Block 3?

Olivz Residence Block 3 returns 8.57% gross: a median new-contract rent of AED 42,000 a year (87 Ejari contracts in 12 months) over a price benchmark of AED 490,000 (median of 5 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.

How much does a studio in Olivz Residence Block 3 cost?

The median registered sale price is AED 490,000 (1,155 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 3 selling for right now?

Registered sales of ready units in Olivz Residence Block 3 over the last 12 months have a median of 1,155 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 3 risen or fallen?

Median price per square foot moved +2.3% 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 3 compare with Al Warsan?

Its 8.57% gross yield sits +0.2 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.