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Studio · 367 sqftOlivz Residence Block 1, International City · 1st floor · completed 2023

1-121, Olivz Residence Block 1

Sold prices and rental history: sold once, by the developer in April 2020, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-121 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 330K27 April 2020
Current rentAED 38K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1-121, Olivz Residence Block 1

What is 1-121 worth today?

Last sold for AED 330,000 in 2020

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15 Sep 2026RentedNew contract
AED 38,000/yr12 months · AED 104 per sqft
27 Apr 2020Sold by developerOff-plan
AED 330,000AED 899 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
367 sqft
Floor
1st of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 330K · April 2020
Building
Olivz Residence Block 1

About 1-121, Olivz Residence Block 1

1-121 is a studio of 367 sqft on the 1st floor of Olivz Residence Block 1, a 6-storey tower in International City completed in 2023 by Danube Properties Development. The developer sold it on 27 April 2020 for AED 330,000, or AED 899 per sqft, in line with the AED 874 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2026. The current contract, signed on 15 September 2026, is AED 38,000 a year: a gross yield of 11.5% on the 2020 price.

Sales and rents for 1-121 over time

Sales
Unit 1-121, each saleTypical studio in Olivz Residence Block 1
400K500K2020202220242026Typical sale price by year: 2020 AED 330,375; 2023 AED 358,000; 2024 AED 425,000; 2025 AED 475,000; 2026 AED 484,000Sold by developer, April 2020: AED 330,000 (AED 899 per sqft)

1-121 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1-121, each contractTypical studio in Olivz Residence Block 1
38K39K40K2024202520262027Typical rent by year: 2024 AED 40,000; 2025 AED 40,000; 2026 AED 40,000New contract, September 2026: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Olivz Residence Block 1, and where 1-121 sits

All 66 studios →

1-121 last sold in April 2020 at AED 899 per sqft, in line with what studios in Olivz Residence Block 1 were fetching at the time (AED 874). Over the last 12 months studios sold for AED 400,000 to 550,000, around AED 1,191 per sqft, and rent for AED 25,410 to 66,000 a year. 1-121's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026400,000
14 Aug 2026470,000
22 Jul 2026498,000
12 Jan 2026550,000
5 studio sales in the last 12 months

Olivz Residence Block 1

Building

126 apartments, studios to 2-bed over 6 floors in International City, completed in 2023 by Danube Properties Development. 9 sold in the last 12 months.

Typical price per sqft
AED 1,191
Typical sale
AED 550K
Typical rent
AED 45K /yr
Typical yield
7.9%
Olivz Residence Block 1, International City: prices, sales and rents →

Other units on the 1st floor

All 126 units in Olivz Residence Block 1
Value
1-101StudioAED 520K · Dec 2025
1-102StudioAED 314K · Jun 2020
1-103StudioAED 425K · May 2024
1-104StudioAED 314K · Apr 2020
1-1051-bedAED 498K · May 2020
1-1061-bedAED 805K · Jan 2026
1-1071-bedAED 504K · Sep 2020
1–7 of 20

1-121, Olivz Residence Block 1 in numbers

  • Sold once: by Danube Properties Development on 27 April 2020 for AED 330,000, or AED 899 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2020 price is 11.5%.
  • Studios in Olivz Residence Block 1 sold for AED 400,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 1,191 per sqft.

Source: Dubai Land Department. Updated 15 September 2026.

Questions about 1-121, Olivz Residence Block 1

What did unit 1-121 last sell for?

AED 330,000 on 27 April 2020, sold by the developer: AED 899 per sqft for 367 sqft. It is the only registered sale of the unit.

What is the rent for unit 1-121?

AED 38,000 a year on the contract signed on 15 September 2026.

How big is unit 1-121?

367 sqft (34.1 sqm): a studio on the 1st floor of a 6-storey tower completed in 2023.

What is unit 1-121 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Olivz Residence Block 1 sold for AED 400,000 to 550,000 in the last 12 months, around AED 1,191 per sqft.

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Mortgage on 1-121, Olivz Residence Block 1

Starts from the last sale price (AED 330K, 27 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →