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Olivz Residence Block 3

A studio in Olivz Residence Block 3 costs a median AED 490,000 and rents long-let for AED 40,000/yr (8.16% gross) — -0.3 pts vs International City's 8.50% and +1.2 pts vs Dubai's 6.97% — from 12 sales and 224 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
5 in 12 months
Rental contracts · Studio
88 in 12 months
Buy
490,000AED
AED 1,155/sqft
Long-let
8.16%
AED 40,000/yr

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

Priced off the last 5 sales — most recent February 2026.

Yield spread
-0.3 pts
vs the International City median for this unit type
AED/yr/sqft
AED 103
Sales
12
Rental contracts
224
Renewal rent
AED 40,000/yr
12 months
+2.3%
3 years
+32.6%+9.9%/yr

Based on 12 sales and 224 rental contracts in the last 24 months. Rental data covers the whole Olivz Residence project, not this tower alone.

Olivz Residence Block 3 is an apartment building in International City, 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 for it run from 2020 to 2026, 358 registered sales in all — the 12 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 490,00011378.16%
-0.3 pts
+2.3%12
1 bedAED 730,00011557.33%
-1.0 pts
+4.9%9
2 bedAED 1.02M10939.05%
+1.7 pts
2

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

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 2 bed: Priced off the last 5 sales — most recent February 2025.

Off-plan vs resale

Units sold off-plan in Olivz Residence Block 3 between 2020 and 2024 went for a median of AED 815/sqft (AED 372,500). The same building resells today at AED 1,144/sqft (AED 525,000) — an uplift of +40.9%.

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

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

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

Sales

DateTypeSqftPriceAED/sqft
28 Jul 20261 bed629AED 750,0001,192

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Rashidiya Metro Station
Mall
City Centre Mirdif
Landmark
Dubai International Airport

Compare with nearby buildings

The most-traded buildings in Olivz Residence, on the same figures over the same window.

Common questions

What is the rental yield in Olivz Residence Block 3?
Olivz Residence Block 3 returns 8.16% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 224 rental contracts registered in the last 24 months.
How much does a studio in Olivz Residence Block 3 cost?
The median registered sale price is AED 490,000 (1,137 AED/sqft), from 12 Dubai Land Department sales in the last 24 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 is the freshest window holding at least five, and it 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 12 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Olivz Residence Block 3 compare with International City?
Its 8.16% gross yield sits -0.3 pts against the International City median of 8.50%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Olivz Residence Block 3 sale record

Record type
Building-level property market record
Data date
Evidence base
12 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/international-city/olivz-residence-block-3
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Olivz Residence Block 3 sale prices and yield.” International City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/international-city/olivz-residence-block-3.

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.