1-618, Olivz Residence Block 1
Sold prices and rental history: sold once, by the developer in August 2020, 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 1-618, Olivz Residence Block 1
What is 1-618 worth today?
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Source: Dubai Land Department. Updated 10 August 2020.
Key facts
- Type
- Studio apartment
- Size
- 392 sqft
- Floor
- 6th of 6
- Parking
- 1
- Developer
- Danube Properties Development
- Completed
- 2023
- Last sold
- AED 360K · August 2020
- Building
- Olivz Residence Block 1
About 1-618, Olivz Residence Block 1
1-618 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 10 August 2020 for AED 360,000, or AED 917 per sqft, 12% above the AED 818 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1-618 over time
1-618 has sold once; the dashed line is the studio median of each year in the building.
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 1-618 sits
All 66 studios →1-618 last sold in August 2020 at AED 917 per sqft, 12% above what studios in Olivz Residence Block 1 were fetching at the time (AED 818). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 389 sqft | 400,000 | 1,028 | ||
| 14 Aug 202614 August 2026 | 395 sqft | 470,000 | 1,191 | ||
| 22 Jul 202622 July 2026 | 388 sqft | 498,000 | 1,282 | ||
| 12 Jan 202612 January 2026 | 474 sqft | 550,000 | 1,160 |
Olivz Residence Block 1
Building126 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%
Other units on the 6th floor
All 126 units in Olivz Residence Block 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-601 | Studio | 395 sqft | AED 475KAED 475,000 · Mar 2025March 2025 | 40,000 /yr | |
| 1-602 | Studio | 394 sqft | AED 331KAED 330,750 · Jul 2020July 2020 | 40,000 /yr | |
| 1-603 | Studio | 394 sqft | AED 350KAED 350,000 · Apr 2020April 2020 | 38,000 /yr | |
| 1-604 | Studio | 392 sqft | AED 335KAED 335,000 · Jun 2020June 2020 | 40,000 /yr | |
| 1-605 | 1-bed | 632 sqft | AED 505KAED 505,000 · Sep 2020September 2020 | 65,000 /yr | |
| 1-606 | 1-bed | 632 sqft | AED 585KAED 585,000 · Oct 2023October 2023 | 62,000 /yr | |
| 1-607 | 1-bed | 631 sqft | AED 590KAED 590,000 · Sep 2023September 2023 | 56,000 /yr | |
| 1-608 | 2-bed | 935 sqft | AED 761KAED 761,450 · May 2021May 2021 | 72,000 /yr | |
| 1-609 | 1-bed | 639 sqft | AED 513KAED 513,000 · Jan 2021January 2021 | ||
| 1-610 | 1-bed | 635 sqft | AED 540KAED 540,000 · Sep 2020September 2020 | 55,000 /yr | |
| 1-611 | 1-bed | 633 sqft | AED 645KAED 645,000 · May 2024May 2024 | 54,000 /yr | |
| 1-612 | 1-bed | 631 sqft | AED 502KAED 502,200 · Jan 2021January 2021 | 52,000 /yr | |
| 1-613 | Studio | 422 sqft | AED 365KAED 365,000 · Jun 2020June 2020 | 40,000 /yr | |
| 1-614 | Studio | 425 sqft | AED 323KAED 323,000 · May 2020May 2020 | 45,000 /yr | |
| 1-615 | Studio | 425 sqft | AED 323KAED 323,000 · Jun 2020June 2020 | ||
| 1-616 | Studio | 423 sqft | AED 323KAED 323,000 · Jun 2020June 2020 | 40,000 /yr | |
| 1-617 | Studio | 392 sqft | AED 340KAED 340,000 · May 2023May 2023 | 40,000 /yr | |
| 1-619 | 2-bed | 935 sqft | AED 713KAED 712,950 · Feb 2021February 2021 | 73,000 /yr | |
| 1-620 | 2-bed | 935 sqft | AED 754KAED 753,600 · Jul 2021July 2021 | 76,000 /yr | |
| 1-621 | Studio | 367 sqft | AED 350KAED 350,000 · Jun 2020June 2020 | 36,000 /yr |
1-618, Olivz Residence Block 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2020 for AED 360,000, or AED 917 per sqft.
- 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 10 August 2020.
Questions about 1-618, Olivz Residence Block 1
What did unit 1-618 last sell for?
AED 360,000 on 10 August 2020, sold by the developer: AED 917 per sqft for 392 sqft. It is the only registered sale of the unit.
How big is unit 1-618?
392 sqft (36.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2023.
What is unit 1-618 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 1-618, Olivz Residence Block 1
Starts from the last sale price (AED 360K, 10 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →