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1-bed · 650 sqftOlivz Residence Block 2, International City · 4th floor · completed 2023

2-407, Olivz Residence Block 2

Sold prices and rental history: sold twice, last in March 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-407 · DLD and Ejari recordsUpdated 4 August 2026
Last soldAED 690K5 March 2025
Current rentAED 53K /yr4 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-407, Olivz Residence Block 2

What is 2-407 worth today?

Last sold for AED 690,000 in 2025

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4 Aug 2026RentedRenewal
AED 53,000/yr12 months · AED 82 per sqft
4 Aug 2025RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
5 Mar 2025SoldReady
AED 690,000AED 1,061 per sqft
22 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
24 Nov 2020Sold by developerOff-plan
AED 539,000AED 830 per sqft

Source: Dubai Land Department. Updated 4 August 2026.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
4th of 6
Parking
B2-74
Developer
Danube Properties Development
Completed
2023
Last sold
AED 690K · March 2025
Building
Olivz Residence Block 2

About 2-407, Olivz Residence Block 2

2-407 is a one-bedroom apartment of 650 sqft on the 4th floor of Olivz Residence Block 2, a 6-storey tower in International City completed in 2023 by Danube Properties Development. It last sold on 5 March 2025 for AED 690,000, or AED 1,061 per sqft, in line with the AED 1,066 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 4 August 2026, is AED 53,000 a year: a gross yield of 7.7% on the 2025 price.

Sales and rents for 2-407 over time

Sales
Unit 2-407, each saleTypical one-bed in Olivz Residence Block 2
500K600K700K2020202220242026Typical 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, November 2020: AED 539,000 (AED 830 per sqft)Sold, March 2025: AED 690,000 (AED 1,061 per sqft)

2-407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2-407, each contractTypical one-bed in Olivz Residence Block 2
50K55K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 55,000; 2026 AED 56,000New contract, July 2024: AED 50,000 a yearNew contract, August 2025: AED 55,000 a yearRenewal, August 2026: AED 53,000 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 2-407 sits

All 68 1-beds →

2-407 last sold in March 2025 at AED 1,061 per sqft, in line with what one-beds in Olivz Residence Block 2 were fetching at the time (AED 1,066). 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. 2-407's AED 53,000 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 4th floor

All 147 units in Olivz Residence Block 2
Value
2-401StudioAED 340K · Apr 2020
2-402StudioAED 340K · Apr 2020
2-403StudioAED 340K · Apr 2020
2-4041-bedAED 498K · Sep 2023
2-4051-bedAED 715K · Oct 2024
2-406StudioAED 294K · Apr 2020
2-408StudioAED 323K · Jun 2020
1–7 of 22

2-407, Olivz Residence Block 2 in numbers

  • Sold twice: first on 24 November 2020 for AED 539,000, last on 5 March 2025 for AED 690,000 (AED 1,061 per sqft).
  • Rented since July 2024 on 3 Ejari contracts, from AED 50,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2025 price is 7.7%.
  • 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 4 August 2026.

Questions about 2-407, Olivz Residence Block 2

What did unit 2-407 last sell for?

AED 690,000 on 5 March 2025: AED 1,061 per sqft for 650 sqft. The unit has 2 registered sales; the first was AED 539,000 in November 2020.

What is the rent for unit 2-407?

AED 53,000 a year on the contract renewed on 4 August 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since July 2024.

How big is unit 2-407?

650 sqft (60.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2023.

What is unit 2-407 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 2-407, Olivz Residence Block 2

Starts from the last sale price (AED 690K, 5 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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