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1-bed · 558 sqftOlivz Residence Block 2, International City · 6th floor · completed 2023

2-623, 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 2-623 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 590K13 May 2024
Current rentAED 54K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2-623, Olivz Residence Block 2

What is 2-623 worth today?

Last sold for AED 590,000 in 2024

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4 Dec 2025RentedNew contract
AED 54,000/yr12 months · AED 98 per sqft
5 Dec 2024RentedNew contract
AED 52,000/yr12 months · AED 95 per sqft
13 May 2024SoldOff-plan
AED 590,000AED 1,058 per sqft
7 Jan 2021Sold by developerOff-plan
AED 488,000AED 875 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
1-bed apartment
Size
558 sqft
Floor
6th of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 590K · May 2024
Building
Olivz Residence Block 2

About 2-623, Olivz Residence Block 2

2-623 is a one-bedroom apartment of 558 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 13 May 2024 for AED 590,000, or AED 1,058 per sqft, 9% above the AED 967 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 December 2025, is AED 54,000 a year: a gross yield of 9.2% on the 2024 price.

Sales and rents for 2-623 over time

Sales
Unit 2-623, each saleTypical one-bed in Olivz Residence Block 2
600K2020202220242026Typical 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, January 2021: AED 488,000 (AED 875 per sqft)Sold, May 2024: AED 590,000 (AED 1,058 per sqft)

2-623 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2-623, each contractTypical one-bed in Olivz Residence Block 2
52K54K56K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 55,000; 2026 AED 56,000New contract, December 2024: AED 52,000 a yearNew contract, December 2025: AED 54,000 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 2-623 sits

All 68 1-beds →

2-623 last sold in May 2024 at AED 1,058 per sqft, 9% above what one-beds in Olivz Residence Block 2 were fetching at the time (AED 967). 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. 2-623's AED 54,000 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 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

2-623, Olivz Residence Block 2 in numbers

  • Sold twice: first on 7 January 2021 for AED 488,000, last on 13 May 2024 for AED 590,000 (AED 1,058 per sqft).
  • Rented since December 2024 on 2 Ejari contracts, from AED 52,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2024 price is 9.2%.
  • 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 December 2025.

Questions about 2-623, Olivz Residence Block 2

What did unit 2-623 last sell for?

AED 590,000 on 13 May 2024: AED 1,058 per sqft for 558 sqft. The unit has 2 registered sales; the first was AED 488,000 in January 2021.

What is the rent for unit 2-623?

AED 54,000 a year on the contract signed on 4 December 2025. The previous contract, from December 2024, was AED 52,000.

How big is unit 2-623?

558 sqft (51.8 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2023.

What is unit 2-623 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 2-623, Olivz Residence Block 2

Starts from the last sale price (AED 590K, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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