Home
Dubai prices
About
Research
Studio · 359 sqftOlivz Residence Block 2, International City · 1st floor · completed 2023

2-118, Olivz Residence Block 2

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

Unit 2-118 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 410K14 June 2024
Current rentAED 45K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2-118

Property timeline for 2-118, Olivz Residence Block 2

What is 2-118 worth today?

Last sold for AED 410,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 May 2026RentedNew contract
AED 45,000/yr12 months · AED 127 per sqft
5 Nov 2025RentedNew contract
AED 45,000/yr12 months · AED 127 per sqft
1 Dec 2024RentedNew contract
AED 45,000/yr12 months · AED 127 per sqft
14 Jun 2024SoldReady
AED 410,000AED 1,142 per sqft
14 Apr 2020Sold by developerOff-plan
AED 300,000AED 826 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
359 sqft
Floor
1st of 6
Parking
B2-102
Developer
Danube Properties Development
Completed
2023
Last sold
AED 410K · June 2024
Building
Olivz Residence Block 2

About 2-118, Olivz Residence Block 2

2-118 is a studio of 359 sqft on the 1st floor of Olivz Residence Block 2, a 6-storey tower in International City completed in 2023 by Danube Properties Development. It last sold on 14 June 2024 for AED 410,000, or AED 1,142 per sqft, 9% above the AED 1,048 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 15 May 2026, is AED 45,000 a year: a gross yield of 11.0% on the 2024 price.

Sales and rents for 2-118 over time

Sales
Unit 2-118, 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 300,000 (AED 826 per sqft)Sold, June 2024: AED 410,000 (AED 1,142 per sqft)

2-118 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2-118, each contractTypical studio in Olivz Residence Block 2
40K45K2024202520262027Typical rent by year: 2024 AED 38,000; 2025 AED 40,000; 2026 AED 40,000New contract, December 2024: AED 45,000 a yearNew contract, November 2025: AED 45,000 a yearNew contract, May 2026: AED 45,000 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 2-118 sits

All 73 studios →

2-118 last sold in June 2024 at AED 1,142 per sqft, 9% above what studios in Olivz Residence Block 2 were fetching at the time (AED 1,048). 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. 2-118's AED 45,000 is in the upper 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

2-118, Olivz Residence Block 2 in numbers

  • Sold twice: first on 14 April 2020 for AED 300,000, last on 14 June 2024 for AED 410,000 (AED 1,142 per sqft).
  • Rented since December 2024 on 3 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 11.0%.
  • 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 15 May 2026.

Questions about 2-118, Olivz Residence Block 2

What did unit 2-118 last sell for?

AED 410,000 on 14 June 2024: AED 1,142 per sqft for 359 sqft. The unit has 2 registered sales; the first was AED 300,000 in April 2020.

What is the rent for unit 2-118?

AED 45,000 a year on the contract signed on 15 May 2026. The previous contract, from November 2025, was AED 45,000; the unit has been rented since December 2024.

How big is unit 2-118?

359 sqft (33.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2023.

What is unit 2-118 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.

Selling 2-118? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2-118, Olivz Residence Block 2

Starts from the last sale price (AED 410K, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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