R16, Olivia Residences
Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R16, Olivia Residences
What is R16 worth today?
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Source: Dubai Land Department. Updated 9 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Parking
- 1
- Developer
- Karma Real Estate Development
- Completed
- 2026
- Last sold
- AED 872K · August 2024
- Building
- Olivia Residences
About R16, Olivia Residences
R16 is a one-bedroom apartment of 739 sqft of Olivia Residences, a 6-storey tower in Dubai Investment Park First completed in 2026 by Karma Real Estate Development . The developer sold it on 9 August 2024 for AED 872,460, or AED 1,179 per sqft, 10% above the AED 1,069 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for R16 over time
R16 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Olivia Residences, and where R16 sits
All 93 1-beds →R16 last sold in August 2024 at AED 1,179 per sqft, 10% above what one-beds in Olivia Residences were fetching at the time (AED 1,069). Over the last 12 months one-beds sold for AED 759,979 to 960,000, around AED 1,035 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 742 sqft | 768,482 | 1,035 | ||
| 17 Sep 202617 September 2026 | 742 sqft | 798,065 | 1,075 | ||
| 24 Jun 202624 June 2026 | 748 sqft | 760,000 | 1,015 | ||
| 1 May 20261 May 2026 | 742 sqft | 960,000 | 1,293 |
Olivia Residences
Building210 apartments, 1-bed to 3-bed over 6 floors in Dubai Investment Park First, completed in 2026 by Karma Real Estate Development . 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,035 Up 0.6%
- Typical sale
- AED 1.13M
- Typical rent
- Few contracts
- Typical yield
R16, Olivia Residences in numbers
- Sold once: by Karma Real Estate Development on 9 August 2024 for AED 872,460, or AED 1,179 per sqft.
- One-beds in Olivia Residences sold for AED 759,979–960,000 in the 12 months to November 2026; the building's median across all types is AED 1,035 per sqft.
Source: Dubai Land Department. Updated 9 August 2024.
Questions about R16, Olivia Residences
What did unit R16 last sell for?
AED 872,460 on 9 August 2024, sold by the developer: AED 1,179 per sqft for 739 sqft. It is the only registered sale of the unit.
How big is unit R16?
739 sqft (68.7 sqm): a one-bedroom apartment of a 6-storey tower completed in 2026.
What is unit R16 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Olivia Residences sold for AED 759,979 to 960,000 in the last 12 months, around AED 1,035 per sqft.
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Mortgage on R16, Olivia Residences
Starts from the last sale price (AED 872K, 9 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 872,460
- Deposit, UAE resident (20%)
- AED 174,492
- Deposit, non-resident (40%)
- AED 348,984
- Monthly over 25 years at 3.7%
- AED 3,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →