2-bed · 933 sqftOlivz Residence Block 2, International City · 6th floor · completed 2023

2-616, Olivz Residence Block 2

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-616 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 890K5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-616, Olivz Residence Block 2

What is 2-616 worth today?

Last sold for AED 890,000 in 2024

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5 Apr 2024SoldOff-plan
AED 890,000AED 953 per sqft
22 Jun 2021Sold by developerOff-plan
AED 761,450AED 816 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
6th of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 890K · April 2024

About 2-616, Olivz Residence Block 2

2-616 is a two-bedroom apartment of 933 sqft on the 6th 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 April 2024 for AED 890,000, or AED 953 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2-616 over time

Rents
Unit 2-616, each contractTypical two-bed in Olivz Residence Block 2
74K75K75K202520262027Typical rent by year: 2025 AED 74,000; 2026 AED 75,000

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 2-616 sits

All 6 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
22 Jun 2021729,600
22 Jun 2021764,400
13 Jun 2021746,900
7 May 2021743,020
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 6th floor

All 147 units in Olivz Residence Block 2
Value
2-601StudioAED 330K · May 2020
2-602StudioAED 327K · Jul 2020
2-603StudioAED 311K · Aug 2020
2-6041-bedAED 524K · Apr 2021
2-6051-bedAED 533K · Feb 2021
2-606StudioAED 440K · Jul 2024
2-6071-bedAED 540K · Aug 2025
1–7 of 22

2-616, Olivz Residence Block 2 in numbers

  • Sold twice: first on 22 June 2021 for AED 761,450, last on 5 April 2024 for AED 890,000 (AED 953 per sqft).

Source: Dubai Land Department. Updated 5 April 2024.

Questions about 2-616, Olivz Residence Block 2

What did unit 2-616 last sell for?

AED 890,000 on 5 April 2024: AED 953 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 761,450 in June 2021.

How big is unit 2-616?

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

What is unit 2-616 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 2-616, Olivz Residence Block 2

Starts from the last sale price (AED 890K, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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