Olivz Residence, Warsan First Development: sale prices and transactions
Olivz Residence is a project registered with the Dubai Land Department (project no. 2215) in Warsan First Development. Since March 2020, 586 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 30 sales closed at a median AED 12,828 per m² (AED 1,192 per sq ft).
- AED 12,828median price per m²
- AED 1,192median price per sq ft
- 586sales since 2020
- 30sales in 12 months
- +6.5%change year on year
Its price per m² is 11.7% below the Warsan First Development median (AED 14,526/m²). Most sales (80.7%) were registered off-plan: the project was sold before completion.
Olivz Residence prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 13 | AED 498,000 | 37 m² |
| Apartment · 1 bedroom | 17 | AED 750,000 | 59 m² |
Olivz Residence price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2020 | 299 | AED 8,999 | AED 836 | — |
| 2021 | 93 | AED 8,710 | AED 809 | -3.2% |
| 2022 | 11 | AED 8,954 | AED 832 | +2.8% |
| 2023 | 45 | AED 9,581 | AED 890 | +7% |
| 2024 | 64 | AED 11,388 | AED 1,058 | +18.9% |
| 2025 | 52 | AED 12,433 | AED 1,155 | +9.2% |
| 2026 (to mid-October) | 22 | AED 12,807 | AED 1,190 | +3% |
Olivz Residence rents
233 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 8%, 1 bedroom 7.3%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 132 | AED 40,000 | 39,177 – 42,000 | AED 41,100 |
| Apartment · 1 bedroom | 79 | AED 55,000 | 53,000 – 58,000 | AED 57,000 |
| Apartment · 2 bedrooms | 22 | AED 77,000 | 72,750 – 80,000 | AED 77,500 |
Buildings recorded in sales
- OLIVZ RESIDENCE BLOCK 2
- OLIVZ RESIDENCE BLOCK 3
- OLIVZ RESIDENCE BLOCK 1
Location
- Nearest metro: Rashidiya Metro Station
- Shopping mall: City Centre Mirdif
- Landmark: Dubai International Airport
Neighbouring projects in Warsan First Development
Same price per m² elsewhere in Dubai
- Murano Residence 1, Al Furjan — AED 12,827/m²
- Alef Noon Residence, Jumeirah Village Circle — AED 12,828/m²
- Villanova Amaranta A, Wadi Al Safa 5 — AED 12,826/m²
- MAG 330, City of Arabia — AED 12,832/m²
Other projects in Warsan First Development
- Petalz By Danube — AED 13,167/m²
- Ryze by AUM — AED 13,381/m²
- Ayami Residence, by Ayat Development — AED 14,750/m²
Warsan First Development property prices · Warsan First Development rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Olivz Residence?
Over the last 12 months the median is AED 1,192 per sq ft (AED 12,828 per m²) across 30 DLD sales.
How much is a studio at Olivz Residence?
Median sale price AED 498,000 for a median 37 m², across 13 sales over the last 12 months.
How many sales have been registered at Olivz Residence?
586 residential sales registered with the DLD between March 2020 and September 2026, 80.7% of them off-plan.
Where is Olivz Residence?
In Warsan First Development (DLD area Al Warsan First), Dubai; nearest metro station per the DLD: Rashidiya Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.