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Studio · 364 sqftOlivz Residence Block 2, International City · 5th floor · completed 2023

2-502, Olivz Residence Block 2

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

Unit 2-502 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 430K13 May 2024
Current rentAED 37K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-502, Olivz Residence Block 2

What is 2-502 worth today?

Last sold for AED 430,000 in 2024

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1 Aug 2025RentedNew contract
AED 37,000/yr12 months · AED 102 per sqft
1 Aug 2024RentedNew contract
AED 36,000/yr12 months · AED 99 per sqft
13 May 2024SoldOff-plan
AED 430,000AED 1,181 per sqft
29 Jul 2020Sold by developerOff-plan
AED 318,500AED 875 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
Studio apartment
Size
364 sqft
Floor
5th of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 430K · May 2024
Building
Olivz Residence Block 2

About 2-502, Olivz Residence Block 2

2-502 is a studio of 364 sqft on the 5th floor of Olivz Residence Block 2, a 6-storey tower in International City completed in 2023 by Danube Properties Development. It last sold on 13 May 2024 for AED 430,000, or AED 1,181 per sqft, 13% above the AED 1,048 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 August 2025, is AED 37,000 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for 2-502 over time

Sales
Unit 2-502, 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, July 2020: AED 318,500 (AED 875 per sqft)Sold, May 2024: AED 430,000 (AED 1,181 per sqft)

2-502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2-502, each contractTypical studio in Olivz Residence Block 2
36K38K40K2024202520262027Typical rent by year: 2024 AED 38,000; 2025 AED 40,000; 2026 AED 40,000New contract, August 2024: AED 36,000 a yearNew contract, August 2025: AED 37,000 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 2-502 sits

All 73 studios →

2-502 last sold in May 2024 at AED 1,181 per sqft, 13% 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. 2-502's AED 37,000 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 5th floor

All 147 units in Olivz Residence Block 2
Value
2-501StudioAED 340K · Jun 2020
2-503StudioAED 440K · Feb 2025
2-5041-bedAED 547K · Jan 2023
2-5051-bedAED 740K · Sep 2026
2-506StudioAED 300K · Mar 2020
2-5071-bedAED 720K · Nov 2024
2-508StudioAED 325K · May 2020
1–7 of 22

2-502, Olivz Residence Block 2 in numbers

  • Sold twice: first on 29 July 2020 for AED 318,500, last on 13 May 2024 for AED 430,000 (AED 1,181 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, from AED 36,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2024 price is 8.6%.
  • 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 August 2025.

Questions about 2-502, Olivz Residence Block 2

What did unit 2-502 last sell for?

AED 430,000 on 13 May 2024: AED 1,181 per sqft for 364 sqft. The unit has 2 registered sales; the first was AED 318,500 in July 2020.

What is the rent for unit 2-502?

AED 37,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2024, was AED 36,000.

How big is unit 2-502?

364 sqft (33.8 sqm): a studio on the 5th floor of a 6-storey tower completed in 2023.

What is unit 2-502 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 2-502, Olivz Residence Block 2

Starts from the last sale price (AED 430K, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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