Olivz Residence Property Development By Danube Properties

Last Updated on: 2nd November 2024, 05:58 am

Discover the elegant allure of the Olivz Residence Property Development By Danube Properties, a remarkable new addition to Dubai’s luxury real estate scene. Nestled in the vibrant Al Warsan First area, this premier residential project boasts a total of 741 stylish apartments, offering a mix of studio, 1-bedroom, and 2-bedroom options. Each unit ranges from 367.05 to 935.06 square feet, ensuring that there is a perfect space for everyone. Meticulously designed with luxurious fittings, this property is fully constructed and has obtained all necessary certificates, highlighting Danube Properties’ commitment to quality and transparency in the Dubai property market. With competitive and flexible payment plans, beginning with just a 10% down payment, investing in Olivz Residence is within reach for many looking to acquire a piece of sophisticated living in the UAE.

With a projected completion date set for May 31, 2024, this remarkable project is experiencing a significant influx of interest, evidenced by the ongoing handover of units to eager customers¹. The strategic location provides residents easy access to both the International City and Dragon Mart, as well as convenient connectivity via Mohammed Bin Zayed Road. This ensures that residents can enjoy a lifestyle that harmonizes comfort with accessibility².

Key Takeaways

• Olivz Residence features 741 luxurious apartments.
• Prices for units start at AED 450,000, making them accessible for first-time buyers.
• The project offers a blend of modern amenities, including swimming pools and recreational facilities.
• The area is well-connected, enhancing the living experience for residents.
• Danube Properties ensures a strong commitment to quality with transparency in the development process.
• The property reflects the ongoing growth in the Dubai real estate market.

Overview of Olivz Residence by Danube Properties

Olivz Residence by Danube Properties sets a new benchmark in luxurious living within the competitive realm of residential properties in Dubai. This development consists of 741 apartments that offer studio, 1-bedroom, and 2-bedroom options, showcasing elegant interiors and ample living spaces. Designed with security and privacy in mind, residents will enjoy a peaceful environment complemented by comprehensive amenities like retail outlets, swimming pools, parks, and gym facilities. Additionally, the family-friendly atmosphere promotes an inclusive community, enhanced by a robust security infrastructure that features a state-of-the-art CCTV system.

Key Features of the Development

The Olivz Residence focuses on delivering an exceptional lifestyle through various standout features. Anticipated completion is set for 2024, with flexible payment plans starting at just 1% monthly, making these off-plan properties Dubai an attractive investment. Prices for apartments commence from AED 535,000 (approximately USD 145,000), making them accessible options for potential homeowners³⁴. The development promotes a genuine sense of luxury, prioritizing amenities that include:

• Amusement park
• Gymnasium
• Restaurants
• Supermarkets
• Parks & leisure spaces
• Kids’ play areas

Location Advantages

Strategically located in Al Warsan First, Dubai, Olivz Residence enjoys advantages that cater to modern living. Residents can reach Dubai International Airport in just 12 minutes and have easy access to nearby attractions such as Dubai Safari Park and Dragon Mart. With a distance of only 18 minutes to Downtown Dubai and 13 minutes to Dubai Frame, this property offers the perfect balance of urban convenience and serene living³⁵. Key commuting times include:

Olivz Residence: Luxury in the Dubai Property Market

In the competitive landscape of the Dubai property market, the Olivz Residence emerges as a noteworthy contender in the luxury real estate sector. This development captivates both local and international investors, offering investment opportunities in real estate that promise potential returns.

Investment Opportunities in Real Estate

With a total of 14 apartments listed for sale, the Olivz Residence presents varied choices for buyers. Prices for these luxurious units range from AED 449,999 to AED 1,199,999, with an average asking price around AED 764,121, indicating a strong demand for properties in this area⁶. Over the past six months, the average asking price has increased by 17%, showcasing a thriving market⁶.

Investment here can also yield impressive returns. The Return on Investment (ROI) generated by apartments in Olivz can reach up to 8.81%, which is an attractive figure for potential investors⁶. In the last year alone, 58 sale transactions have been recorded, further emphasizing interest in this property development⁶.

As for the specifics of this luxurious living space, Olivz Residence features studios, 1-bedroom, and 2-bedroom apartments, catering to diverse housing needs. The payment plan is designed with flexibility in mind, offering a 10% down payment and 50 monthly installments for the remaining amount after handover⁷.

In terms of location, residents benefit from quick access to vital areas in Dubai, including Academic City, Dubai Silicon Oasis, and Dubai International Airport. Notably, popular attractions such as Dragon Mart and Dubai Safari are also nearby, adding to the appeal of this development⁷.

Olivz Residence not only offers modern amenities like a swimming pool, gym, and landscaped gardens but also comes with carefully designed floor plans that ensure spacious and functional living spaces. The combination of attractive features and strategic pricing further solidifies its position as an appealing option for anyone exploring the luxury real estate opportunities in the Dubai property market⁷.

Conclusion

The Olivz Residence Property Development By Danube Properties marks a significant milestone in the ever-evolving Dubai property market. With an impressive investment of $108 million, the project comprises 741 residential units that are thoughtfully planned alongside retail and recreational facilities, making it a prime choice for both middle-income tenants and end-users⁸. The strategic location near International City and easy access to Mohammed Bin Zayed Highway ensure that residents enjoy seamless connectivity while being part of a vibrant community⁸.

With features such as luxurious amenities including swimming pools, jacuzzis, and well-designed children’s play areas, Olivz Residence is set to deliver an unparalleled lifestyle experience⁸. Furthermore, Danube Properties’ innovative 1% monthly payment plan offers financial flexibility, attracting discerning investors looking for excellent opportunities in the competitive Dubai property market⁹. As the landscape of luxury living continues to evolve, the inclusion of projects like Olivz enhances the appeal of investing in this dynamic region.

Overall, the developments by Danube Properties, including Olivz Residence, signify a shift towards upscale living that prioritizes comfort and community⁹. As prospective homeowners and savvy investors seek to secure their places in this flourishing market, they can explore more about the company’s vision for sustainable and innovative living by visiting their website here. With ongoing success and anticipated future projects, Danube Properties continues to be a leader in reshaping the residential horizon in Dubai.

Source Links

1. https://1newhomes.ae/olivz-residence-dubai
2. https://staging.danubeproperties.com/danube-properties-announces-the-launch-of-the-dh400mn-olivz/
3. https://danubeproperties.com/portfolio/olivz/
4. https://mydubaiproperties.ae/buy-property/olivz-residence/dubai/
5. https://propsearch.ae/dubai/olivz-by-danube
6. https://www.bayut.com/for-sale/apartments/dubai/international-city/olivz-by-danube/
7. https://www.leadroyal.ae/olivz-by-danube/
8. https://meconstructionnews.com/39906/danube-properties-launches-new-masterplanned-residential-project
9. https://guardianslux.com/media/dxb-realty-news/danube-properties-new-launch-sportz-eleganz/