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Studio · 383 sqftOlivz Residence Block 2, International City · 1st floor · completed 2023

2-111, Olivz Residence Block 2

Sold prices and rental history: sold once, by the developer in April 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-111 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 336K11 April 2020
Current rentAED 40K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-111, Olivz Residence Block 2

What is 2-111 worth today?

Last sold for AED 336,000 in 2020

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1 Jul 2026RentedRenewal
AED 40,000/yr12 months · AED 105 per sqft
1 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 105 per sqft
1 Jul 2024RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
11 Apr 2020Sold by developerOff-plan
AED 336,000AED 876 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
383 sqft
Floor
1st of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 336K · April 2020
Building
Olivz Residence Block 2

About 2-111, Olivz Residence Block 2

2-111 is a studio of 383 sqft on the 1st floor of Olivz Residence Block 2, a 6-storey tower in International City completed in 2023 by Danube Properties Development. The developer sold it on 11 April 2020 for AED 336,000, or AED 876 per sqft, in line with the AED 888 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 40,000 a year: a gross yield of 11.9% on the 2020 price.

Sales and rents for 2-111 over time

Sales
Unit 2-111, each saleTypical studio in Olivz Residence Block 2
300K400K500K2020202220242026Typical sale price by year: 2020 AED 324,900; 2023 AED 340,800; 2024 AED 405,000; 2025 AED 440,000; 2026 AED 490,000Sold by developer, April 2020: AED 336,000 (AED 876 per sqft)

2-111 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2-111, each contractTypical studio in Olivz Residence Block 2
38K39K40K2024202520262027Typical rent by year: 2024 AED 38,000; 2025 AED 40,000; 2026 AED 40,000New contract, July 2024: AED 38,000 a yearNew contract, July 2025: AED 40,000 a yearRenewal, July 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 2, and where 2-111 sits

All 73 studios →

2-111 last sold in April 2020 at AED 876 per sqft, in line with what studios in Olivz Residence Block 2 were fetching at the time (AED 888). Over the last 12 months studios sold for AED 480,000 to 520,000, around AED 1,365 per sqft, and rent for AED 36,000 to 50,000 a year. 2-111's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026490,000
4 Mar 2026500,000
19 Feb 2026480,000
4 Dec 2025520,000
4 studio sales in the last 12 months

Olivz Residence Block 2

Building

147 apartments, studios to 2-bed over 6 floors in International City, completed in 2023 by Danube Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 1,262 Up 11.6%
Typical sale
AED 725K
Typical rent
AED 43K /yr
Typical yield
8.4%
Olivz Residence Block 2, International City: prices, sales and rents →

Other units on the 1st floor

All 147 units in Olivz Residence Block 2
Value
2-101StudioAED 304K · Apr 2020
2-102StudioAED 330K · Jun 2020
2-103StudioAED 320K · Jul 2020
2-1041-bedAED 549K · Mar 2021
2-1051-bedAED 725K · Sep 2026
2-106StudioAED 300K · Jun 2020
2-1071-bedAED 501K · Apr 2021
1–7 of 22

2-111, Olivz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 11 April 2020 for AED 336,000, or AED 876 per sqft.
  • Rented since July 2024 on 3 Ejari contracts, from AED 38,000 to 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 2 sold for AED 480,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 1,262 per sqft.

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 2-111, Olivz Residence Block 2

What did unit 2-111 last sell for?

AED 336,000 on 11 April 2020, sold by the developer: AED 876 per sqft for 383 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-111?

AED 40,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 40,000; the unit has been rented since July 2024.

How big is unit 2-111?

383 sqft (35.6 sqm): a studio on the 1st floor of a 6-storey tower completed in 2023.

What is unit 2-111 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 2 sold for AED 480,000 to 520,000 in the last 12 months, around AED 1,365 per sqft.

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Mortgage on 2-111, Olivz Residence Block 2

Starts from the last sale price (AED 336K, 11 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 336,000
Deposit, UAE resident (20%)
AED 67,200
Deposit, non-resident (40%)
AED 134,400
Monthly over 25 years at 3.7%
AED 1,375

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