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1-bed · 558 sqftOlivz Residence Block 2, International City · 1st floor · completed 2023

2-123, Olivz Residence Block 2

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

Unit 2-123 · DLD and Ejari recordsUpdated 13 July 2026
Last soldAED 490K22 April 2020
Current rentAED 50K /yr13 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-123, Olivz Residence Block 2

What is 2-123 worth today?

Last sold for AED 490,000 in 2020

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13 Jul 2026RentedNew contract
AED 49,600/yr12 months · AED 90 per sqft
25 Jun 2025RentedRenewal
AED 50,000/yr12 months · AED 91 per sqft
22 Apr 2020Sold by developerOff-plan
AED 490,000AED 878 per sqft

Source: Dubai Land Department. Updated 13 July 2026.

Key facts

Type
1-bed apartment
Size
558 sqft
Floor
1st of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 490K · April 2020
Building
Olivz Residence Block 2

About 2-123, Olivz Residence Block 2

2-123 is a one-bedroom apartment of 558 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 April 2020 for AED 490,000, or AED 878 per sqft, in line with the AED 879 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 13 July 2026, is AED 49,600 a year: a gross yield of 10.1% on the 2020 price.

Sales and rents for 2-123 over time

Sales
Unit 2-123, each saleTypical one-bed in Olivz Residence Block 2
600K2020202220242026Typical sale price by year: 2020 AED 541,500; 2021 AED 538,350; 2022 AED 525,000; 2023 AED 547,200; 2024 AED 665,000; 2025 AED 710,000; 2026 AED 745,000Sold by developer, April 2020: AED 490,000 (AED 878 per sqft)

2-123 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2-123, each contractTypical one-bed in Olivz Residence Block 2
50K55K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 55,000; 2026 AED 56,000Renewal, June 2025: AED 50,000 a yearNew contract, July 2026: AED 49,600 a year

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

1-beds in Olivz Residence Block 2, and where 2-123 sits

All 68 1-beds →

2-123 last sold in April 2020 at AED 878 per sqft, in line with what one-beds in Olivz Residence Block 2 were fetching at the time (AED 879). Over the last 12 months one-beds sold for AED 675,000 to 820,000, around AED 1,162 per sqft, and rent for AED 34,125 to 65,000 a year. 2-123's AED 49,600 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026750,000
26 Sep 2026740,000
24 Sep 2026725,000
4 Sep 2026675,000
7 1-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

2-123, Olivz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 22 April 2020 for AED 490,000, or AED 878 per sqft.
  • Rented since June 2025 on 2 Ejari contracts, from AED 50,000 to AED 49,600 a year.
  • At AED 49,600 a year the gross yield on the 2020 price is 10.1%.
  • One-beds in Olivz Residence Block 2 sold for AED 675,000–820,000 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 13 July 2026.

Questions about 2-123, Olivz Residence Block 2

What did unit 2-123 last sell for?

AED 490,000 on 22 April 2020, sold by the developer: AED 878 per sqft for 558 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-123?

AED 49,600 a year on the contract signed on 13 July 2026. The previous contract, from June 2025, was AED 50,000.

How big is unit 2-123?

558 sqft (51.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2023.

What is unit 2-123 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Olivz Residence Block 2 sold for AED 675,000 to 820,000 in the last 12 months, around AED 1,162 per sqft.

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Mortgage on 2-123, Olivz Residence Block 2

Starts from the last sale price (AED 490K, 22 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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