Olivia Residences Property Development By Karma Development

Last Updated on: 11th November 2024, 01:58 pm

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Olivia Residences stands out as a premier residential project developed by Karma Developers, situated within the vibrant Dubai Investment Park (DIP). This area is recognized for its substantial growth, making it a prime location for both potential residents and businesses alike. With a clear commitment to luxury living and modern conveniences, Olivia Residences promises an exclusive experience with its meticulously crafted units. Anticipated to be completed by Q1 2026, this development features a flexible payment option, including a 10% down payment upon launch and a remaining 90% payable on handover, catering to a range of real estate investment opportunities that savvy investors are sure to appreciate. With a total of 229 units available, the project includes various configurations of one, two, and three-bedroom apartments, ensuring something for everyone looking for luxury residential projects in Dubai Investment Park¹²³.

Key Takeaways

• Olivia Residences is developed by Karma Developers in the thriving DIP area.
• The project features 229 residential units, consisting of 1, 2, and 3-bedroom configurations.
• Completion of the development is scheduled for Q1 2026.
• The starting price for a 2-bedroom apartment is AED 1.1 million.
• Flexible payment plans include a 10% down payment and 90% on handover.
• Amenities include an infinity pool, gym, sauna, and Zen garden.
• The strategic location enhances access to major transportation routes and essential services.

Discovering Olivia Residences: A Luxury Property Development

Olivia Residences stands out in Dubai with its blend of luxurious living and meticulous design, making it a premier luxury property development in the region. This exceptional project, developed by Karma Developers, features a seven-storey residential building with a total of 229 meticulously crafted units. Apartments include 96 one-bedroom, 115 two-bedroom, and 18 three-bedroom layouts, ensuring a diverse range of options to suit various lifestyles. Each unit spans between 634.96 and 1,973.02 square feet, incorporating unique architecture tailored to maximize natural light and provide spacious interiors.

The focus on sustainable architecture is evident throughout the design, reflecting current trends that emphasize not only aesthetic appeal but also environmental responsibility. Additional features include a range of modern amenities such as an infinity pool, a Zen garden, an indoor gym, and a sauna. Specifically, residents can look forward to exclusive facilities that enhance their lifestyle, ensuring comfort and convenience within a vibrant community.

Located in the strategic hub of Dubai Investment Park, this development offers proximity to essential transportation routes and various attractions, further elevating its appeal as an ideal residence. With an expected handover date in April 2026 and attractive payment plans extending over five years, Olivia Residences requires only a 10% down payment for booking, making it accessible to a wider audience interested in premium living.

For those interested in exploring this luxury property development, the combination of well-designed apartments, eco-conscious architecture, and an array of high-quality amenities aligns perfectly with the modern lifestyle demands. The anticipated experiences of living in Olivia Residences will surely present a new standard of luxury and comfort².

Olivia Residences: Amenities and Lifestyle

Residents of Olivia Residences can indulge in a lifestyle enriched by an impressive array of unmatched luxury amenities tailored to meet every need. This property development by Karma Developers offers an exclusive living experience, ensuring that each moment spent here feels special. With a prime location in Dubai Investment Park, this community is designed for those who appreciate modern comfort and sophistication.

Unmatched Luxury Amenities

Olivia Residences features over 20 amenities designed for leisure and well-being, including a state-of-the-art fitness center, serene infinity pool, and beautifully landscaped gardens. The community hub also boasts a zen garden for relaxation, alongside an indoor gym with panoramic views and a rejuvenating sauna. With such amenities, Olivia Residences represents an ideal lifestyle choice for families and individuals alike.

The variety of apartment sizes in Olivia Residences ranges from 634.96 to 1,973.02 sq ft, offering various options for prospective homeowners. Featuring a total of 229 units, the project includes 96 one-bedroom apartments, 115 two-bedroom apartments, and 18 three-bedroom apartments, catering to a diverse clientele⁴. The flexible payment plan, which includes a 10% down payment, a further 30% during construction, a 1% fee at handover, and 59% post-handover over 59 months, presents an appealing opportunity for investors⁴.

Apart from the essential amenities, the master plan ensures that residents enjoy a wealth of services nearby, such as dining outlets, parks, leisure areas, and supermarkets⁴. The proximity to hospitals, schools, and shopping malls further enhances the community’s appeal, providing an exclusive living experience coupled with convenience⁴. As a result, Olivia Residences is a prime example of luxury living seamlessly intertwined with a vibrant and modern lifestyle.

For more information, you can visit Olivia Residences Project Page.

Conclusion

Olivia Residences by Karma Development stands as an exemplary addition to the flourishing Dubai real estate market. This luxury property development offers a wide selection of living spaces, including spacious apartments and lavish penthouses, catering to the tastes of discerning clientele seeking modern interiors and top-of-the-line amenities⁵. With a planned completion date in Q1 2026, potential buyers are presented with an enticing investment opportunity characterized by a unique payment plan that includes a 10% down payment followed by 1% monthly installments for 30 months, and an additional 59-month post-handover payment plan⁶.

Residents of Olivia Residences can expect to enjoy an array of unmatched luxury amenities, including a state-of-the-art fitness center, serene outdoor spaces, and swimming pools⁵. The project’s emphasis on sustainable living is evident through its incorporation of eco-friendly practices and energy-efficient systems, creating a refined community for its residents⁵. The combination of a reputable developer and the promise of long-term capital appreciation makes this development a compelling option for investors looking to capitalize on the growing demand for luxury living in Dubai⁶.

With a first-year ROI estimated at 17.56%, Olivia Residences surpasses many alternatives, demonstrating significant potential within Dubai’s dynamic market⁶. Positioned strategically near the new airport and a burgeoning business hub, this property development not only enhances the lifestyle of its residents but also solidifies itself as a prime investment opportunity⁶. For further details, visit Olivia Residences.

Source Links

1. https://karmadevelopers.com/projects/olivia/
2. https://www.tanamiproperties.com/Projects/Olivia-Residences
3. https://www.binayah.com/dubai-projects/olivia-residences/
4. https://houseandhedges.ae/property/olivia-residences/
5. http://zeelandinvestments.com/olivia-residences-dubai/
6. https://www.linkedin.com/pulse/breaking-news-exclusive-payment-plan-deal-dubai-esteproperties-erzce