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ReadyHanded over

Olivia Residences

by Karma Real Estate Development Dubai Investment Park

About Olivia Residences

Olivia Residences is a residential building by Karma Real Estate Development, in Dubai Investment Park, Dubai. It rises 7 storeys (1 basement level, a ground floor and 6 floors), built as a concrete structure with internal and external finishes. The project comprises 231 homes.

Key information

Karma Real Estate Development
Developer
Karma Real Estate Development
Handover
Q1 2026
Status
Handed over
Location
Dubai Investment Park, Dubai
Master project
Dubai Investment Park First
Construction started
2023
Number of buildings
1
Number of units
231
Registered with DLD
06 Oct 2023
Escrow bank
First Abu Dhabi Bank
Escrow account no.
1011225821722002
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2023
  2. Handed over
    Q1 2026

Construction progress

33 inspection photos from the Dubai Land Department. Latest 13 May 2026 at 31% complete.

Olivia Residences construction — photo 1
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Olivia Residences construction — photo 33

Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
4 Elevators
9 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
232
Median price
AED 1.1M
Median price / sqft
AED 1K+1%
Off-plan share
100%

Priced 37% above than the Dubai Investment Park First median of AED 760/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
1 Bed97736 sqftAED 798KAED 1K
2 Bed1171,128 sqftAED 1.2MAED 1K
3 Bed181,432 sqftAED 1.5MAED 1K

Price per sqft by year

+1% since 2023

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
24 Jun 2026Off-plan748 sqftAED 760KAED 1K
11 Jun 2026Off-plan1,209 sqftAED 1.3MAED 1K
04 May 2026Off-plan742 sqftAED 960KAED 1K
16 Mar 2026Off-plan1,117 sqftAED 1.2MAED 1K
26 Feb 2026Off-plan1,117 sqftAED 1.1MAED 1K
18 Feb 2026Off-plan1,337 sqftAED 1.5MAED 1K
10 Feb 2026Off-plan1,227 sqftAED 1.3MAED 1K
05 Feb 2026Off-plan965 sqftAED 974KAED 1K

Unit mix

231 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Commercial2-
1 B/R96635 - 1,416 sqft
2 B/R115943 - 1,973 sqft
3 B/R181,331 - 1,490 sqft

Payment plan

Payment plans are set by Karma Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Dubai Investment Park, Dubai.

Dubai Investment Park

Dubai, United Arab Emirates

Frequently asked questions

Olivia Residences has already been handed over (Q1 2026), according to Dubai Land Department records.

Other new projects in Dubai Investment Park

More off-plan launches around Dubai Investment Park.

Handover Q1 202631% complete

Olivia Residences

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