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Studio · 392 sqftOlivz Residence Block 1, International City · 6th floor · completed 2023

1-604, Olivz Residence Block 1

Sold prices and rental history: sold once, by the developer in June 2020, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-604 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 335K25 June 2020
Current rentAED 40K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1-604, Olivz Residence Block 1

What is 1-604 worth today?

Last sold for AED 335,000 in 2020

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1 Oct 2026RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
1 Oct 2025RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
25 Jun 2020Sold by developerOff-plan
AED 335,000AED 853 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
6th of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 335K · June 2020
Building
Olivz Residence Block 1

About 1-604, Olivz Residence Block 1

1-604 is a studio of 392 sqft on the 6th 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 25 June 2020 for AED 335,000, or AED 853 per sqft, 6% above the AED 804 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 40,000 a year: a gross yield of 11.9% on the 2020 price.

Sales and rents for 1-604 over time

Sales
Unit 1-604, 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, June 2020: AED 335,000 (AED 853 per sqft)

1-604 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1-604, each contractTypical studio in Olivz Residence Block 1
35K40K45K2024202520262027Typical rent by year: 2024 AED 40,000; 2025 AED 40,000; 2026 AED 40,000Renewal, October 2025: AED 40,000 a yearRenewal, October 2026: AED 40,000 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 1-604 sits

All 66 studios →

1-604 last sold in June 2020 at AED 853 per sqft, 6% above what studios in Olivz Residence Block 1 were fetching at the time (AED 804). 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. 1-604's AED 40,000 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 6th floor

All 126 units in Olivz Residence Block 1
Value
1-601StudioAED 475K · Mar 2025
1-602StudioAED 331K · Jul 2020
1-603StudioAED 350K · Apr 2020
1-6051-bedAED 505K · Sep 2020
1-6061-bedAED 585K · Oct 2023
1-6071-bedAED 590K · Sep 2023
1-6082-bedAED 761K · May 2021
1–7 of 20

1-604, Olivz Residence Block 1 in numbers

  • Sold once: by Danube Properties Development on 25 June 2020 for AED 335,000, or AED 853 per sqft.
  • Rented since October 2025 on 2 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 11.9%.
  • 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 1 October 2026.

Questions about 1-604, Olivz Residence Block 1

What did unit 1-604 last sell for?

AED 335,000 on 25 June 2020, sold by the developer: AED 853 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 1-604?

AED 40,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 40,000.

How big is unit 1-604?

392 sqft (36.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2023.

What is unit 1-604 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 1-604, Olivz Residence Block 1

Starts from the last sale price (AED 335K, 25 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 335,000
Deposit, UAE resident (20%)
AED 67,000
Deposit, non-resident (40%)
AED 134,000
Monthly over 25 years at 3.7%
AED 1,371

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