Olivz Residence Block 1
- Completed 2023
- Master developer Danube Properties
A 1 bed in Olivz Residence Block 1 costs a median AED 750,000 and rents long-let for AED 56,000/yr (7.5% gross).
1 bed · typical price
750,000AED
AED 1,174/sqft · +5.1% on a year
- Rent a year
- AED 56,000
- Gross yield
- 7.5%
- vs International City
- 90% above the median
Cost to buy, all inAED 799,950
- Price
- AED 750,000
- DLD fee 4%
- AED 30,000
- Agent 2% + VAT
- AED 15,750
- Trustee
- AED 4,200
Fees repaid by rent11 months
Is Olivz Residence Block 1 a good investment?Prices rising and little new supply nearby, with nothing to watch
- Does it pay a good rent?7.5% gross, before the service charge (not on file) (Dubai median 6.8%)7.5%Fair
- Are rents going up?New 1 bed leases: AED 55,000 a year ago, AED 56,000 now (pooled across the project)+1.8%
- Are prices going up?1 bed: AED 1,116/sqft a year ago, 1,174 now+5.1%Strength
- How fast do fees pay back?AED 49,950 in fees to buy a 1 bed; rent covers it in 0.9 years0.9 yrs
- Can I sell easily?9 sales in 12 months (20 the year before)9
- Is a lot being built nearby?459 apartments are planned in International City from 2026 to 2028, equal to 2% of the 24,476 homes let there today. A further 55 are past their planned date. International City supply by year →2%Strength
- Did earlier buyers gain?Up 48% for buyers 5 years ago; up 45% for launch buyers, before fees+47.8%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Olivz Residence Block 1 prices and rents by unit typeA one-bed costs about AED 750,000 and rents for about AED 56,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · International City · area median AED 617/sqft
- 12-month change
- +5.1%
- 3 years
- +32.3% · +9.8%/yr
- 5 years
- +45.3% · +7.8%/yr
- vs area median
- +90.2%
- Rank by price per sqft
- 9th of 83
- Off-plan price gain, 2020–2024
- +40.8% · +8.9%/yr
Rental income
1 bed · International City
- Gross yield
- 7.5%
- Median new rent
- AED 56,000/yr
- Yield vs area median
- -0.6 pts
- Yield vs Dubai (6.8%)
- +0.7 pts
- Yield rank
- 23rd of 27
- Renewal rent
- AED 54,000/yr
- New tenants pay vs sitting (30 renewals)
- +3.7%
Read with care
- Rental data covers the whole Olivz Residence project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: May 2020, AED 521,750; latest, Sep 2026, AED 730,000; peak, Jan 2026, AED 805,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,191 · before fees
- Launch, 2020–24
- 819
- +45%
- 106 sales
- 5 years ago
- 806
- +48%
- 38 sales
- 3 years ago
- 887
- +34%
- 13 sales
- Previous 12 months
- 1,117
- +7%
- 20 sales
- Last 12 months
- 1,191
- today
- 9 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
9 resales in the last 12 months, against 17 a year on average over 2023–2025.
9 resales in the last 12 months.
Comparables in International City
Every International City building with a page, ranked by price per sqft over the same 12 months, all unit types. Olivz Residence Block 1 places 10th of 197; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Olivz Residence Block 1 (AED 1,191/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Olivz Residence Block 1 has registered sale prices 90% above the International City median price per square foot of 617 AED, across 83 eligible buildings. It ranks 9th of 83 by price per square foot and 23rd of 27 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 1 bed. A median needs 3 rows; a dash with a count means fewer.
About Olivz Residence Block 1
Olivz Residence Block 1 is an apartment building completed in 2023 by Danube Properties in International City. 180 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Danube Properties
Nearest, as registered
- Metro
- Rashidiya Metro Station
- Mall
- City Centre Mirdif
- Landmark
- Dubai International Airport
Olivz Residence Block 1: AED 1,191 per sq ft, 83% above the median International City building, and a 6.2% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Olivz Residence Block 1AED 1,191
- International City, readyAED 654
- International City, off-planAED 1,242
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Olivz Residence Block 1International City median building
- International City6.2% vs 8.6%
More from Danube Properties
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1.77M
AED, resale median · 3,492/sqft
Timez By Danube
Dubai Silicon Oasis · 361 sales, 12 months
1.14M
AED, resale median · 1,943/sqft
ASPIRZ By Danube
Dubai Sports City · 256 sales, 12 months
1.09M
AED, resale median · 2,196/sqft
Bayz 102 By Danube
Business Bay · 137 sales, 12 months
2.90M
AED, resale median · 2,952/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 3
International City · 11 sales, 12 months
554,000
AED, resale median · 1,180/sqft
Olivz Residence Block 2
International City · 10 sales, 12 months
700,000
AED, resale median · 1,297/sqft
Ryze by AUM
International City · 60 sales, 12 months
700,055
AED, resale median · 1,243/sqft
Classic Apartment
International City · 26 sales, 12 months
597,500
AED, resale median · 592/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Olivz Residence Block 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 3,335AED
- 4.5% over 25 years
- Monthly rent
- 4,667AED
- AED 56,000 a year
- Cash needed at purchase
- 210,450AED
- 20% down plus AED 60,450 in fees
Owning costs AED 211,682 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Olivz Residence Block 1?
- Olivz Residence Block 1 returns 7.5% gross: a median new-contract rent of AED 56,000 a year (46 Ejari contracts in 12 months) over a price benchmark of AED 750,000 (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 1 cost?
- The median registered sale price is AED 750,000 (1,174 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 1 selling for right now?
- Registered sales of ready units in Olivz Residence Block 1 over the last 12 months have a median of 1,174 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. Floor, view and condition move a specific unit's price around it.
- Have prices in Olivz Residence Block 1 risen or fallen?
- Median price per square foot moved +5.1% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Olivz Residence Block 1 compare with International City?
- Its 7.5% gross yield sits -0.6 pts against the International City median of 8.1%, 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.
For agents
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Olivz Residence Block 1 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 5 registered sales 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 sale prices and yield.” International City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/international-city/olivz-residence-block-1
Stable dataJSON