Studio · 388 sqftOlivz Residence Block 1, International City · 4th floor · completed 2023

1-404, Olivz Residence Block 1

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-404 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 490K23 May 2025
Current rentAED 47K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-404, Olivz Residence Block 1

What is 1-404 worth today?

Last sold for AED 490,000 in 2025

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5 Jan 2026RentedNew contract
AED 47,000/yr12 months · AED 121 per sqft
5 Jan 2026RentedNew contract
AED 47,000/yr12 months · AED 121 per sqft
7 Aug 2025RentedNew contract
AED 45,000/yr12 months · AED 116 per sqft
23 May 2025SoldReady
AED 490,000AED 1,261 per sqft
7 Aug 2024RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
10 Oct 2023SoldOff-plan
AED 375,000AED 955 per sqft
28 May 2020Sold by developerOff-plan
AED 323,000AED 823 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
Studio apartment
Size
388 sqft
Floor
4th of 6
Parking
B1-54
Developer
Danube Properties Development
Completed
2023
Last sold
AED 490K · May 2025

About 1-404, Olivz Residence Block 1

1-404 is a studio of 388 sqft on the 4th floor of Olivz Residence Block 1, a 6-storey tower in International City completed in 2023 by Danube Properties Development. It last sold on 23 May 2025 for AED 490,000, or AED 1,261 per sqft, 11% above the AED 1,140 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 5 January 2026, is AED 47,000 a year: a gross yield of 9.6% on the 2025 price.

Sales and rents for 1-404 over time

Sales
Unit 1-404, each saleTypical studio in Olivz Residence Block 1
300K400K500K2020202220242026Typical 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, May 2020: AED 323,000 (AED 823 per sqft)Sold, October 2023: AED 375,000 (AED 955 per sqft)Sold, May 2025: AED 490,000 (AED 1,261 per sqft)

1-404 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1-404, each contractTypical studio in Olivz Residence Block 1
40K45K2024202520262027Typical rent by year: 2024 AED 40,000; 2025 AED 40,000; 2026 AED 40,000New contract, August 2024: AED 38,000 a yearNew contract, August 2025: AED 45,000 a yearNew contract, January 2026: AED 47,000 a yearNew contract, January 2026: AED 47,000 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 1-404 sits

All 66 studios →

1-404 last sold in May 2025 at AED 1,261 per sqft, 11% above what studios in Olivz Residence Block 1 were fetching at the time (AED 1,140). 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. 1-404's AED 47,000 is in the upper 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 4th floor

All 126 units in Olivz Residence Block 1
Value
1-401StudioAED 470K · Aug 2026
1-402StudioAED 340K · May 2020
1-403StudioAED 340K · Jun 2020
1-4051-bedAED 540K · May 2020
1-4061-bedAED 499K · Jun 2020
1-4071-bedAED 504K · Jul 2020
1-4082-bedAED 820K · Aug 2023
1–7 of 20

1-404, Olivz Residence Block 1 in numbers

  • Sold 3 times: first on 28 May 2020 for AED 323,000, last on 23 May 2025 for AED 490,000 (AED 1,261 per sqft).
  • Rented since August 2024 on 4 Ejari contracts, from AED 38,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2025 price is 9.6%.
  • 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 5 January 2026.

Questions about 1-404, Olivz Residence Block 1

What did unit 1-404 last sell for?

AED 490,000 on 23 May 2025: AED 1,261 per sqft for 388 sqft. The unit has 3 registered sales; the first was AED 323,000 in May 2020.

What is the rent for unit 1-404?

AED 47,000 a year on the contract signed on 5 January 2026. The previous contract, from January 2026, was AED 47,000; the unit has been rented since August 2024.

How big is unit 1-404?

388 sqft (36.0 sqm): a studio on the 4th floor of a 6-storey tower completed in 2023.

What is unit 1-404 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 1-404, Olivz Residence Block 1

Starts from the last sale price (AED 490K, 23 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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