Olivz Residence, International City: What Buyers Need to Know
The Project and the Builder
Olivz Residence is a residential apartment building in International City, Dubai, developed by Danube Properties. Danube is one of Dubai's more active mid-market developers, with a track record of delivering affordable units across the city. They build at volume and at price points most developers avoid. That reputation matters here, because International City is very much a value-driven market.
What International City Actually Means for a Buyer
International City sits in the eastern corridor of Dubai, roughly 20 to 25 minutes from Downtown by car, depending on traffic. It is not a prestige address. It was never designed to be. What it offers is low entry costs, strong rental yields, and a large pool of working tenants who need affordable, functional housing close to Dragon Mart, the logistics belt, and the broader Deira-to-Al Qusais corridor.
For an end-user, daily life here means access to community retail, reasonable road connectivity, and a quieter pace than central Dubai. For an investor, the pitch is straightforward: low purchase price, consistent tenant demand, and yields that regularly outperform mid-market Dubai neighbourhoods. Liquidity on resale is more limited than in, say, Dubai Marina or JVC, and buyers should factor that in.
What AED 308K to AED 695K Buys You Here
The price range is meaningful. At AED 308,000, you are looking at a studio or compact one-bedroom. These are the entry tickets, the units that attract first-time buyers, overseas investors writing small cheques, or buyers who want rental income without significant capital exposure.
The top of the range at AED 695,000 points to larger units, likely two-bedroom apartments. That buyer has a different profile: a small family, a buyer upgrading from a smaller unit elsewhere in International City, or an investor targeting the slightly higher rental tier that two-bedroom units command from families and sharers.
The spread here is not about luxury versus standard. It is purely about size. Danube does not mix categories within a building like this. Every unit is an apartment, and price moves with floor area and floor level.
Who Each Unit Type Suits
The project offers apartments only. There are no villas, no townhouses, no mixed configurations. That keeps things simple.
Studios and one-beds suit single professionals, couples, or investors looking for high-yield, low-maintenance assets. Two-beds attract small families or buyers who want extra space for a home office or shared living. Given the location, most buyers here are investment-led. That is not a criticism, it is just the reality of International City.
What the Amenity Set Says About This Building
| Category | Amenities |
|---|---|
| Fitness and Leisure | Gymnasium, Shared Gym, Shared Pool |
| Food and Social | Cafe and Restaurants, Restaurants |
| Family and Outdoor | Community Park, Children's Play Area, Balcony |
| Practical | Covered Parking, Built-in Wardrobes, Walk-in Closet, Central A/C, Security |
| Views | View of Landmark |
Fourteen amenities is a solid count for this price bracket. The inclusion of both a cafe and restaurant access within the community means residents are not entirely dependent on driving out for daily needs. The walk-in closet in a sub-AED 700K apartment is a small but genuine differentiator. This amenity set targets young professionals and small families who want comfort without the service charge burden of a high-end building.
The Timeline: Likely Already Handed Over
The expected completion date was September 2023. Given that the project data was last updated in April 2026, this building has almost certainly been handed over. If you are reading this as an off-plan opportunity, treat that assumption as wrong until you verify. Contact the developer or a registered agent to confirm current availability, whether units are resale or primary stock, and what the actual completion and registration status is.
Getting In for 10%
| Stage | Percentage |
|---|---|
| Down Payment | 10% |
| During Construction | 39% |
| On Handover | 1% |
| Post-Handover | 50% |
The 10% down payment is genuinely low. In a market where many developers ask 20% or more upfront, this structure reduces the barrier to entry considerably. The real story here is the 50% post-handover component. Half the purchase price is paid after you receive the keys, spread over a period that functions as developer-backed financing. For a buyer who cannot or does not want to take a mortgage, this is a meaningful cash flow tool. You take possession, potentially rent the unit, and use that income to service the remaining payments. That is a practical structure, not just a marketing line.