Completed

Olivz Residence

Name: Olivz Residence — Project Passport
Creator: AlSafaqa

byDanube Properties

Dubai, International City, Olivz by Danube

Starting Price: AED 535,000
Delivery Date: Q3 2023100% construction complete
Units: 411Freehold

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AlSafaqa Project Passport

Project Passport

Official registry identity confirmed

4 evidence-backed facts

Investment snapshot

Market snapshot · Studio

Typical sale: AED 498K; Median recorded price
Recorded rate: AED 1,282; Median per sqft
Typical rent: AED 40K; Median annual rent
Gross yield: 8.0%; Indicative, before costs
Gross payback: 12.5 years; At current rent
Sales, 12 months: 13; Recorded by the DLD
Active leases: 132; Registered with Ejari

Indicative gross figures from official records. They exclude service charges, vacancy, acquisition costs, financing and other ownership expenses, and are not a valuation.

Overview

About the project

Olivz Residence by Danube Properties in Dubai is a residential development offering studios and one- and two-bedroom apartments. Units are presented with considered interiors, high-quality fixtures and are reported as fully furnished with premium finishes; completion was scheduled for Q3‑2023. The project is positioned close to major road links to facilitate access across the city. Danube Properties, the development arm of the Danube Group, is noted in company materials as a significant regional developer with a record of delivering projects on schedule. The combination of a defined unit mix and finished, ready-to-use apartments are distinguishing aspects of this development.

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Quick facts

Developer: Danube Properties
Location: Dubai, International City, Olivz by Danube
Ownership Type: Freehold
Delivery Date: July 2023
Reported sales start: July 2020
Status: Completed

Number of Units: View official unit mix
Number of Buildings: 3
Property type: Apartment
Availability: Sold out

Verified project record

Project truth

What each source records about this project, and where those sources do not agree.

Confidence: Medium

Official registration: Verified
Project status: Completed
Construction Progress: 100%
Expected handover: Unknown
Availability: Sold out
Last observed: Unknown

Sources: Dubai Land Department registry · AlSafaqa listing record

Recorded market activity

Unit market intelligence

Official Dubai Land Department inventory and recorded sales, alongside live Ejari rental contracts, broken down by bedroom.

Registered units

205

Typical size

389sqft

Size range

359 – 625sqft

Official DLD registered units

Typical sale: AED 498K; Median recorded price
Recorded rate: AED 1,282; Median per sqft
Typical rent: AED 40K; Median annual rent
Gross yield: 8.0%; ≈12.5 years to pay back

Recorded sales

AED 480KAED 520K

Sales recorded (12 months)13

Most recent sale28 Oct 2026

Rental market

AED 39.7KAED 42K

Active contracts132

New leases (38, 90d)AED 40K

Renewals (25, 90d)AED 40K

Gross and indicative, before service charges, vacancy, management, financing and acquisition costs.

Project-wide market · all unit types

32 recorded sales · last 12 monthsMedian AED 727.5K

Nearby Places

Project Location

Dubai, International City, Olivz by Danube

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Project Timeline

Construction Progress

100%

Construction complete

Expected completion

July 2023

Booking StartedJul 2020
Construction StartedAug 2020
Expected CompletionJul 2023

Official DLD status: Completed

Developed by:

Danube Properties