ReadyReady building · Danube
Olivz Residence Block 1, Al Warsan First
Highlights
Olivz Residence Block 1 at a glance
About Olivz Residence Block 1
Olivz Residence Block 1 is a mixed-use building in Al Warsan First, Dubai, developed by Danube. It holds about 134 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units.
The building was completed in 2024 and has been in use for about 2 years. 9 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,183 per sq ft.
Olivz Residence Block 1 is one of 319 buildings in Al Warsan First: 289 are complete and 13 are still being built.
In a nutshell
- A mixed-use ready building
- Located in Al Warsan First, Dubai
- Developed by Danube
- Completed in Q2 2024
- Unit types: Studio, 1 Bed, 2 Beds, Commercial
- Sizes from 370 to 1,440 sq ft
- Features: Balcony, Built In Wardrobes, Children's Play Area, Covered Parking, Landmark view, Seafront, Security, Shared Gym, Shared Pool, Walk-In Closet
- Centrepoint metro station 7 km away
- Status
- Ready
- Developer
- Danube
- Location
- Al Warsan First, Dubai
- Completed
- Q2 2024
- Unit types
- Studio, 1 Bed, 2 Beds, Commercial
- Prices from
- AED 305.0K
- Median price per sq ft
- AED 1,183
- Median gross yield
- 7.8%
- Nearest metro
- International City 1, 0.7 km
Building details
Inside Olivz Residence Block 1
Facilities in Olivz Residence Block 1
Olivz Residence Block 1 lists 10 features and facilities for its residents.
- Balcony
- Built In Wardrobes
- Children's Play Area
- Covered Parking
- Landmark view
- Seafront
- Security
- Shared Gym
- Shared Pool
- Walk-In Closet
Properties in Olivz Residence Block 1
Studios in Olivz Residence Block 1
There are about 66 of these in Olivz Residence Block 1, from 370 to 620 sq ft. They have recently sold for a median of AED 498.0K, or AED 1,190 per sq ft. Owners who resold made a median 10% over what they paid.
1-bedroom apartments in Olivz Residence Block 1
There are about 42 of these in Olivz Residence Block 1, from 630 to 880 sq ft. They have recently sold for a median of AED 760.0K, or AED 1,200 per sq ft. Owners who resold made a median 4% over what they paid.
2-bedroom apartments in Olivz Residence Block 1
There are about 18 of these in Olivz Residence Block 1, from 930 to 1,440 sq ft. None has sold recently enough to quote a price.
Commercial units in Olivz Residence Block 1
There are about 8 of these in Olivz Residence Block 1, from 460 to 1,190 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 66 | 370 sqft34.4 sqmt – 620 sqft57.6 sqmt | AED 498K | AED 39.5K |
| 1 Bed | 42 | 630 sqft58.5 sqmt – 880 sqft81.8 sqmt | AED 760K | AED 56K |
| 2 Beds | 18 | 930 sqft86.4 sqmt – 1,440 sqft133.8 sqmt | No recent sales | AED 73K |
| Commercial | 8 | 460 sqft42.7 sqmt – 1,190 sqft110.6 sqmt | No recent sales | – |
Sale trends in Olivz Residence Block 1
Median sale price
AED 730K
Median per sq ft
AED 1,183
Median gross yield
7.8%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 690.0K to AED 805.0K (629 to 848 sq ft), across 11 sales
- Studios: AED 400.0K to AED 550.0K (388 to 474 sq ft), across 7 sales
- 2-bedroom apartments: AED 990.0K to AED 1.3M (934 to 935 sq ft), across 2 sales
Rental trends in Olivz Residence Block 1
Studio homes in Olivz Residence Block 1 were let for AED 36.0K to AED 43.0K a year across 6 recent contracts, with a median of AED 39.5K.
Yearly rents from recent registered contracts, by unit type:
- Studios: AED 36.0K to AED 43.0K a year (365 to 424 sq ft), across 6 contracts
- 1-bedroom apartments: AED 56.0K a year (632 sq ft)
- 2-bedroom apartments: AED 73.0K a year (934 sq ft)
Recent transactions in Olivz Residence Block 1
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Olivz Residence Block 1, International CityReadyApartment | AED 400,000AED 1,028 /sqftAED 11,065 /sqmt | 389 sqft36.1 sqmtStudio | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 730,000AED 1,142 /sqftAED 12,292 /sqmt | 639 sqft59.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 470,000AED 1,193 /sqftAED 12,841 /sqmt | 394 sqft36.6 sqmtStudio | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 498,000AED 1,284 /sqftAED 13,821 /sqmt | 388 sqft36 sqmtStudio | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 750,000AED 1,174 /sqftAED 12,637 /sqmt | 639 sqft59.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 770,000AED 1,218 /sqftAED 13,110 /sqmt | 632 sqft58.7 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 805,000AED 1,280 /sqftAED 13,778 /sqmt | 629 sqft58.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 550,000AED 1,160 /sqftAED 12,486 /sqmt | 474 sqft44 sqmtStudio | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 520,000AED 1,320 /sqftAED 14,208 /sqmt | 394 sqft36.6 sqmtStudio | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 750,000AED 884 /sqftAED 9,515 /sqmt | 848 sqft78.8 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 735,000AED 1,169 /sqftAED 12,583 /sqmt | 629 sqft58.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 750,000AED 1,192 /sqftAED 12,831 /sqmt | 629 sqft58.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 770,000AED 1,224 /sqftAED 13,175 /sqmt | 629 sqft58.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 1,250,000AED 1,337 /sqftAED 14,391 /sqmt | 935 sqft86.9 sqmt2 Beds | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 490,000AED 1,263 /sqftAED 13,595 /sqmt | 388 sqft36 sqmtStudio | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 730,000AED 1,155 /sqftAED 12,432 /sqmt | 632 sqft58.7 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 720,000AED 876 /sqftAED 9,429 /sqmt | 822 sqft76.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 690,000AED 1,097 /sqftAED 11,808 /sqmt | 629 sqft58.4 sqmt1 Bed | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 990,000AED 1,060 /sqftAED 11,410 /sqmt | 934 sqft86.8 sqmt2 Beds | Owner |
| Olivz Residence Block 1, International CityReadyApartment | AED 475,000AED 1,206 /sqftAED 12,981 /sqmt | 394 sqft36.6 sqmtStudio | Owner |
Olivz Residence Block 1
International City
AED 400K
AED 1,028 /sqftAED 11,065 /sqmt
ReadyApartment389 sqft36.1 sqmtStudioOwner21 Oct 2026Olivz Residence Block 1
International City
AED 730K
AED 1,142 /sqftAED 12,292 /sqmt
ReadyApartment639 sqft59.4 sqmt1 BedOwner26 Sept 2026Olivz Residence Block 1
International City
AED 470K
AED 1,193 /sqftAED 12,841 /sqmt
ReadyApartment394 sqft36.6 sqmtStudioOwner14 Aug 2026Olivz Residence Block 1
International City
AED 498K
AED 1,284 /sqftAED 13,821 /sqmt
ReadyApartment388 sqft36 sqmtStudioOwner22 Jul 2026Olivz Residence Block 1
International City
AED 750K
AED 1,174 /sqftAED 12,637 /sqmt
ReadyApartment639 sqft59.4 sqmt1 BedOwner25 Jun 2026Olivz Residence Block 1
International City
AED 770K
AED 1,218 /sqftAED 13,110 /sqmt
ReadyApartment632 sqft58.7 sqmt1 BedOwner3 Apr 2026Olivz Residence Block 1
International City
AED 805K
AED 1,280 /sqftAED 13,778 /sqmt
ReadyApartment629 sqft58.4 sqmt1 BedOwner26 Jan 2026Olivz Residence Block 1
International City
AED 550K
AED 1,160 /sqftAED 12,486 /sqmt
ReadyApartment474 sqft44 sqmtStudioOwner12 Jan 2026Olivz Residence Block 1
International City
AED 520K
AED 1,320 /sqftAED 14,208 /sqmt
ReadyApartment394 sqft36.6 sqmtStudioOwner18 Dec 2025Olivz Residence Block 1
International City
AED 750K
AED 884 /sqftAED 9,515 /sqmt
ReadyApartment848 sqft78.8 sqmt1 BedOwner4 Nov 2025Olivz Residence Block 1
International City
AED 735K
AED 1,169 /sqftAED 12,583 /sqmt
ReadyApartment629 sqft58.4 sqmt1 BedOwner22 Aug 2025Olivz Residence Block 1
International City
AED 750K
AED 1,192 /sqftAED 12,831 /sqmt
ReadyApartment629 sqft58.4 sqmt1 BedOwner18 Jul 2025Olivz Residence Block 1
International City
AED 770K
AED 1,224 /sqftAED 13,175 /sqmt
ReadyApartment629 sqft58.4 sqmt1 BedOwner3 Jul 2025Olivz Residence Block 1
International City
AED 1.3M
AED 1,337 /sqftAED 14,391 /sqmt
ReadyApartment935 sqft86.9 sqmt2 BedsOwner2 Jun 2025Olivz Residence Block 1
International City
AED 490K
AED 1,263 /sqftAED 13,595 /sqmt
ReadyApartment388 sqft36 sqmtStudioOwner23 May 2025Olivz Residence Block 1
International City
AED 730K
AED 1,155 /sqftAED 12,432 /sqmt
ReadyApartment632 sqft58.7 sqmt1 BedOwner15 May 2025Olivz Residence Block 1
International City
AED 720K
AED 876 /sqftAED 9,429 /sqmt
ReadyApartment822 sqft76.4 sqmt1 BedOwner1 May 2025Olivz Residence Block 1
International City
AED 690K
AED 1,097 /sqftAED 11,808 /sqmt
ReadyApartment629 sqft58.4 sqmt1 BedOwner2 Apr 2025Olivz Residence Block 1
International City
AED 990K
AED 1,060 /sqftAED 11,410 /sqmt
ReadyApartment934 sqft86.8 sqmt2 BedsOwner14 Mar 2025Olivz Residence Block 1
International City
AED 475K
AED 1,206 /sqftAED 12,981 /sqmt
ReadyApartment394 sqft36.6 sqmtStudioOwner5 Mar 2025
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Olivz Residence Block 1, International CityApartmentRenewal | AED 36,000 | 365 sqft33.9 sqmtStudio | to |
| Olivz Residence Block 1, International CityApartmentRenewal | AED 56,000 | 632 sqft58.7 sqmt1 Bed | to |
| Olivz Residence Block 1, International CityApartmentRenewal | AED 42,500 | 394 sqft36.6 sqmtStudio | to |
| Olivz Residence Block 1, International CityApartmentRenewal | AED 40,000 | 394 sqft36.6 sqmtStudio | to |
| Olivz Residence Block 1, International CityApartmentNew contract | AED 73,000 | 934 sqft86.8 sqmt2 Beds | to |
| Olivz Residence Block 1, International CityApartmentRenewal | AED 39,000 | 388 sqft36 sqmtStudio | to |
| Olivz Residence Block 1, International CityApartmentNew contract | AED 43,000 | 420 sqft39 sqmtStudio | to |
| Olivz Residence Block 1, International CityApartmentRenewal | AED 38,000 | 424 sqft39.4 sqmtStudio | to |
Olivz Residence Block 1
International City
AED 36K/yr
ApartmentRenewal365 sqft33.9 sqmtStudiotoOlivz Residence Block 1
International City
AED 56K/yr
ApartmentRenewal632 sqft58.7 sqmt1 BedtoOlivz Residence Block 1
International City
AED 42.5K/yr
ApartmentRenewal394 sqft36.6 sqmtStudiotoOlivz Residence Block 1
International City
AED 40K/yr
ApartmentRenewal394 sqft36.6 sqmtStudiotoOlivz Residence Block 1
International City
AED 73K/yr
ApartmentNew contract934 sqft86.8 sqmt2 BedstoOlivz Residence Block 1
International City
AED 39K/yr
ApartmentRenewal388 sqft36 sqmtStudiotoOlivz Residence Block 1
International City
AED 43K/yr
ApartmentNew contract420 sqft39 sqmtStudiotoOlivz Residence Block 1
International City
AED 38K/yr
ApartmentRenewal424 sqft39.4 sqmtStudioto
Every sale in Olivz Residence Block 1Every rent contract in Olivz Residence Block 1
Olivz Residence Block 1 payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.Down Payment10%
- 2.During Construction39%
- 3.On Handover1%
- 4.After Handover50%
Olivz Residence Block 1 floor plans
Studio, Studio Studio
366 sqft34 sqmt
1 bedroom, 1 Bedroom Apartment
420 sqft39 sqmt
2 bedrooms, 2 Bedroom Apartment
936 sqft87 sqmt
Nearby amenities
Around Olivz Residence Block 1
Transportation near Olivz Residence Block 1
The nearest Dubai Metro station from Olivz Residence Block 1 is Centrepoint (red line, 7 km, about 16 min drive). Stations planned on new lines nearby include International City 1 (blue line, 0.7 km, about 8 min walk) and Dragon Mart (blue line, 1.2 km, about 14 min walk). Most residents will drive or take a taxi to the metro.
- International City 1Blue line · 0.7 km · about 8 min walk
- Dragon MartBlue line · 1.2 km · about 14 min walk
- International City 2Blue line · 2 km · about 6 min drive
- Al WarqaBlue line · 2.7 km · about 7 min drive
- Auto MarketBlue line · 3.4 km · about 9 min drive
- Ras Al Khor StationBlue line · 4.2 km · about 10 min drive
Shopping and groceries near Olivz Residence Block 1
The closest is Lulu Express / France Cluster, International City, 1 km from Olivz Residence Block 1 (about 12 min walk).
- Lulu Express / France Cluster, International CitySupermarket · 1 km · about 12 min walk
- Spinneys / International City, France ClusterSupermarket · 1.2 km · about 14 min walk
- Dragon MartShopping Mall · 2.3 km · about 7 min drive
- Century MallShopping Mall · 5.5 km · about 13 min drive
- Mirdif City CentreShopping Mall · 5.5 km · about 13 min drive
Restaurants and hotels near Olivz Residence Block 1
The closest is Intercontinental Dubai Festival City, 7.7 km from Olivz Residence Block 1 (about 17 min drive).
- Intercontinental Dubai Festival CityHotel · 7.7 km · about 17 min drive
- Crowne Plaza Dubai Festival CityHotel · 7.9 km · about 18 min drive
Hospitals and clinics near Olivz Residence Block 1
The closest is The Osteopathic Health Centre, 6.9 km from Olivz Residence Block 1 (about 16 min drive).
- The Osteopathic Health CentreHospital · 6.9 km · about 16 min drive
Parks and leisure near Olivz Residence Block 1
The closest is Mushrif Park, 7.4 km from Olivz Residence Block 1 (about 17 min drive).
- Mushrif ParkPark · 7.4 km · about 17 min drive
Schools near Olivz Residence Block 1
The nearest is Newlands School, 1.4 km away. Ratings are the KHDA's latest inspection grades.
- Newlands SchoolUK · KHDA: Good · 1.4 km
- Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.1 km
- International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2.2 km
- Primus Private School L.L.CIndian · KHDA: Good · 2.2 km
- Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.4 km
- Cedar School L.L.CUK · KHDA: Acceptable · 2.5 km
Other buildings in Al Warsan First
Al Warsan First has 319 buildings. A few others to compare Olivz Residence Block 1 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about Olivz Residence Block 1
In its favour
- Owners who resold have made money: a median gain of up to 10%.
- A median gross yield of 7.8% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
- The nearest running metro station is 7 km away, so a car helps.
FAQs
Olivz Residence Block 1: questions answered
Buying, selling or renting in Olivz Residence Block 1?
A broker who works Al Warsan First will tell you what is available and what comparable homes went for.