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2-bed · 933 sqftOlivz Residence Block 2, International City · 5th floor · completed 2023

2-516, Olivz Residence Block 2

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-516 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 764K22 June 2021
Current rentAED 80K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-516, Olivz Residence Block 2

What is 2-516 worth today?

Last sold for AED 764,400 in 2021

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18 Sep 2026RentedNew contract
AED 80,000/yr6 months · AED 86 per sqft
15 Jun 2026RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
19 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
26 Mar 2025RentedNew contract
AED 78,000/yr12 months · AED 84 per sqft
22 Jun 2021Sold by developerOff-plan
AED 764,400AED 819 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
5th of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 764K · June 2021
Building
Olivz Residence Block 2

About 2-516, Olivz Residence Block 2

2-516 is a two-bedroom apartment of 933 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 22 June 2021 for AED 764,400, or AED 819 per sqft, in line with the AED 803 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 18 September 2026, is AED 80,000 a year: a gross yield of 10.5% on the 2021 price.

Sales and rents for 2-516 over time

Rents
Unit 2-516, each contractTypical two-bed in Olivz Residence Block 2
75K80K202520262027Typical rent by year: 2025 AED 74,000; 2026 AED 75,000New contract, March 2025: AED 78,000 a yearNew contract, September 2025: AED 80,000 a yearNew contract, June 2026: AED 80,000 a yearNew contract, September 2026: AED 80,000 a year

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

2-beds in Olivz Residence Block 2, and where 2-516 sits

All 6 2-beds →

2-516 last sold in June 2021 at AED 819 per sqft, in line with what two-beds in Olivz Residence Block 2 were fetching at the time (AED 803). 2-516's AED 80,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Apr 2024890,000
22 Jun 2021729,600
22 Jun 2021761,450
13 Jun 2021746,900
0 2-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 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

2-516, Olivz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 22 June 2021 for AED 764,400, or AED 819 per sqft.
  • Rented since March 2025 on 4 Ejari contracts, from AED 78,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 10.5%.

Source: Dubai Land Department. Updated 18 September 2026.

Questions about 2-516, Olivz Residence Block 2

What did unit 2-516 last sell for?

AED 764,400 on 22 June 2021, sold by the developer: AED 819 per sqft for 933 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-516?

AED 80,000 a year on the contract signed on 18 September 2026. The previous contract, from June 2026, was AED 80,000; the unit has been rented since March 2025.

How big is unit 2-516?

933 sqft (86.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2023.

What is unit 2-516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2-516, Olivz Residence Block 2

Starts from the last sale price (AED 764K, 22 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 764,400
Deposit, UAE resident (20%)
AED 152,880
Deposit, non-resident (40%)
AED 305,760
Monthly over 25 years at 3.7%
AED 3,127

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