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Olivia Residences

Dubai Investment Park (DIP) , Dubai

AED 673,000
≈ AED 673,000
Construction Progress22%
Bedrooms
1
Size
634 sqft
Price/Sqft
AED 1,062
Developer

Description

Located within the dynamic Dubai Investment Park, Olivia Residences by Karma Developers epitomises luxurious living in Dubai. Every facet of Olivia Residences reflects meticulous design and expert craftsmanship, with modern architecture and refined interiors blending style seamlessly with functionality.

Residents enjoy choosing between 1, 2, and 3-bedroom units which feature havens of tranquility, bathed in natural light and adorned with premium finishes throughout. Going beyond mere accommodation, Olivia Residences provides a lifestyle of luxury, boasting amenities such as a state-of-the-art fitness center, a serene swimming pool, landscaped gardens and dedicated spaces for relaxation and recreation, ensuring every need and desire is effortlessly fulfilled within this exceptional community.

Amenities & Features

Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden
Barbeque Area

Property Details

Property TypeApartment
ProjectOlivia Residences
CommunityDubai Investment Park (DIP)
CompletionOff-Plan - Q1 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 673,000
DLD Fee (4%)AED 26,920
Trustee FeeAED 4,200
Agency (2%)AED 13,460
Total InvestmentAED 717,580

Expected Annual Returns

Expected Annual RentAED 46,437
Service Charges (Est)-AED 9,510
Net Annual IncomeAED 36,927
Net Annual ROI5.1% (after expenses)
Payback Period19.4 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa24.6 km
Dubai Mall24.8 km
Dubai Airport (DXB)34.6 km
Mall of the Emirates13.9 km
Dubai Marina9.6 km