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Studio · 363 sqftOlivz Residence Block 2, International City · 5th floor · completed 2023

2-508, Olivz Residence Block 2

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

Unit 2-508 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 325K3 May 2020
Current rentAED 38K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-508, Olivz Residence Block 2

What is 2-508 worth today?

Last sold for AED 325,000 in 2020

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21 Nov 2025RentedRenewal
AED 37,500/yr12 months · AED 106 per sqft
3 May 2020Sold by developerOff-plan
AED 325,000AED 896 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
Studio apartment
Size
363 sqft
Floor
5th of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 325K · May 2020
Building
Olivz Residence Block 2

About 2-508, Olivz Residence Block 2

2-508 is a studio of 363 sqft on the 5th 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 3 May 2020 for AED 325,000, or AED 896 per sqft, in line with the AED 882 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 November 2025. The current contract, renewed on 21 November 2025, is AED 37,500 a year: a gross yield of 11.5% on the 2020 price.

Sales and rents for 2-508 over time

Sales
Unit 2-508, 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, May 2020: AED 325,000 (AED 896 per sqft)

2-508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2-508, each contractTypical studio in Olivz Residence Block 2
38K40K2024202520262027Typical rent by year: 2024 AED 38,000; 2025 AED 40,000; 2026 AED 40,000Renewal, November 2025: AED 37,500 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 2-508 sits

All 73 studios →

2-508 last sold in May 2020 at AED 896 per sqft, in line with what studios in Olivz Residence Block 2 were fetching at the time (AED 882). 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. 2-508's AED 37,500 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
2-502StudioAED 430K · May 2024
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
1–7 of 22

2-508, Olivz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 3 May 2020 for AED 325,000, or AED 896 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 37,500 a year.
  • At AED 37,500 a year the gross yield on the 2020 price is 11.5%.
  • 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 21 November 2025.

Questions about 2-508, Olivz Residence Block 2

What did unit 2-508 last sell for?

AED 325,000 on 3 May 2020, sold by the developer: AED 896 per sqft for 363 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-508?

AED 37,500 a year on the contract renewed on 21 November 2025.

How big is unit 2-508?

363 sqft (33.7 sqm): a studio on the 5th floor of a 6-storey tower completed in 2023.

What is unit 2-508 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 2-508, Olivz Residence Block 2

Starts from the last sale price (AED 325K, 3 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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