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2-bed · 933 sqftOlivz Residence Block 2, International City · 1st floor · completed 2023

2-116, Olivz Residence Block 2

Sold prices and rental history: sold once, by the developer in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-116 · DLD and Ejari recordsUpdated 22 June 2021
Last soldAED 730K22 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-116, Olivz Residence Block 2

What is 2-116 worth today?

Last sold for AED 729,600 in 2021

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22 Jun 2021Sold by developerOff-plan
AED 729,600AED 781 per sqft

Source: Dubai Land Department. Updated 22 June 2021.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
1st of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 730K · June 2021
Building
Olivz Residence Block 2

About 2-116, Olivz Residence Block 2

2-116 is a two-bedroom apartment of 933 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 22 June 2021 for AED 729,600, or AED 781 per sqft, in line with the AED 803 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2-116 over time

Rents
Unit 2-116, each contractTypical two-bed in Olivz Residence Block 2
74K75K75K202520262027Typical rent by year: 2025 AED 74,000; 2026 AED 75,000

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

2-beds in Olivz Residence Block 2, and where 2-116 sits

All 6 2-beds →

2-116 last sold in June 2021 at AED 781 per sqft, in line with what two-beds in Olivz Residence Block 2 were fetching at the time (AED 803).

Recent 2-bed salesUnit no.Price (AED)Summary
5 Apr 2024890,000
22 Jun 2021761,450
22 Jun 2021764,400
13 Jun 2021746,900
0 2-bed 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

2-116, Olivz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 22 June 2021 for AED 729,600, or AED 781 per sqft.

Source: Dubai Land Department. Updated 22 June 2021.

Questions about 2-116, Olivz Residence Block 2

What did unit 2-116 last sell for?

AED 729,600 on 22 June 2021, sold by the developer: AED 781 per sqft for 933 sqft. It is the only registered sale of the unit.

How big is unit 2-116?

933 sqft (86.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2023.

What is unit 2-116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2-116, Olivz Residence Block 2

Starts from the last sale price (AED 730K, 22 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 729,600
Deposit, UAE resident (20%)
AED 145,920
Deposit, non-resident (40%)
AED 291,840
Monthly over 25 years at 3.7%
AED 2,985

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