Olivia Residences
Dubai · Dubai Investment Park (DIP) · Dubai Investment Park 1 (DIP 1) · Olivia Residences
Olivia Residences is an apartment development by Karma Development in Dubai Investment Park 1 (DIP 1), Dubai. The project is sold out, and resale units start at AED 799,999. Homes are 1 to 2 bedroom apartments, from 1,113 to 1,973 square feet. The development is under construction, with handover scheduled for Q4 2026. Ownership is freehold.
Key facts
- Handover
- Q4 2026
- Status
- Under construction
- Ownership
- freehold
- Property types
- apartment
- Availability
- Sold out
How Olivia Residences compares
Entry here is AED 1.4M, against a median of AED 535,516 across the 3 priced projects in Dubai Investment Park 1 (DIP 1), the highest entry price in the community. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q4 2026, alongside 206 other projects completing in the same quarter. Karma Development has 4 projects in our catalogue.
Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.
Payment plan
Standard
10%
Down payment
30%
During construction
1%
On handover
59%
after handover
Available units
| Type | Area (sqft) | Bathrooms | Layouts | Starting price |
|---|---|---|---|---|
| 1 bedroom | 1,410 | 2 | 1 | AED 1,410,287 |
| 2 bedroom | 1,113 - 1,973 | 2 - 3 | 7 | AED 1,128,140 |
Amenities
- Private Garden
- Security
- Barbecue Area
Location
Olivia Residences sits in Dubai Investment Park (DIP).
Distance to landmarks (straight line)
- Expo City Dubai4.5 km
- Dubai Marina9.6 km
- Al Maktoum International Airport (DWC)12 km
- Business Bay23 km
Straight-line distance from the project's coordinates, not a drive time.
Master plan
The developer’s own site plan for Olivia Residences, showing how the buildings, roads and open space sit together.
What you pay, and when
The payment plan published at launch ran 10% on booking, 30% during construction, 1% at handover and 59% after handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.
Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 32,000 at this resale price. Under Dubai's Law 8 of 2007, that 10% booking payment goes into a RERA-supervised escrow account rather than to Karma Development directly, and is drawn down against certified construction progress.
What the entry price works out at
The cheapest unit with a published size is 1,113 square feet at AED 1,128,140, which works out at AED 1,014 per square foot. Stated sizes run from 1,113 to 1,973 square feet.
Ownership and residency
Olivia Residences is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed falls short of the AED 2,000,000 property threshold for the 10 year UAE golden visa.
Who it suits
The development is apartments in 1 to 2 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.
What is on site
The shared facilities recorded for Olivia Residences start with private garden, alongside the security and barbecue area that most Dubai developments carry. 8 floor plans are published for it.
Frequently asked
Can you still buy at Olivia Residences?+
Olivia Residences is sold out from the developer, and resale units are listed from AED 799,999.
When does Olivia Residences hand over?+
Olivia Residences is scheduled to hand over in Q4 2026, alongside 206 other projects we track in the same quarter.
What is the payment plan at Olivia Residences?+
The launch plan at Olivia Residences was 10% on booking, 30% during construction, 1% at handover and 59% after handover. The developer has sold out, so a purchase now is a resale from a private owner and the terms are whatever the two sides agree.
What sizes are available at Olivia Residences?+
Olivia Residences is apartments in 1 to 2 bedroom layouts, from 1,113 to 1,973 square feet.
Can a foreign buyer own a home at Olivia Residences?+
Olivia Residences is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed is below the AED 2,000,000 threshold for the 10 year UAE golden visa.
Which community is Olivia Residences in?+
Olivia Residences is in Dubai Investment Park 1 (DIP 1), Dubai. We track 3 projects in Dubai Investment Park 1 (DIP 1).
Who is building Olivia Residences?+
Olivia Residences is developed by Karma Development, who have 4 projects in our catalogue.
Before you commit
Ask about Olivia Residences
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Related off-plan projects
Others in Dubai Investment Park 1 (DIP 1), then more from Karma Development.
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Olivia Residences is an off-plan development by Karma Development in Dubai Investment Park (DIP), priced from AED 1,410,287 with handover in Q4 2026. See more Karma Development projects or all 3 off-plan projects in Dubai Investment Park 1 (DIP 1). Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.