Distress Sale: Ready 2 Bedroom Apartment in Olivo Park Residences, JVC, Dubai

Ready to Move In | High Floor | 1,323 Sqft | 3 Bathrooms | Bosch Kitchen | AED 1,600,000

This is a highly motivated seller listing for a ready, move-in-now 2-bedroom, 3-bathroom apartment on a high floor of Olivo Park Residences by Evera Development, located in JVC District 10, Jumeirah Village Circle, Dubai, United Arab Emirates. The building was handed over in December 2025 and is fully completed. The seller is a motivated owner seeking a swift exit. At AED 1,600,000, this 1,323 sqft unit is priced meaningfully below comparable 2-bedroom listings within the same building — market comparables for 2-bedroom apartments in Olivo Park Residences start from AED 1,858,643 for the smaller 1,255 sqft configuration, making this larger unit at AED 1,600,000 a compelling entry point. For a buyer seeking a fully completed, immediately occupiable or immediately lettable 2-bedroom apartment in one of JVC’s most connected and family-friendly districts, with a Bosch-equipped kitchen, smart home system, and premium boutique building amenities — this is one of the most competitively priced ready 2-bedroom apartments in JVC District 10 today.

Property Highlights

• Project: Olivo Park Residences
• Developer: Evera Real Estate Development Company (Evera Development)
• Master Developer: Nakheel
• Architectural Consultant: Kaizen Architects & Engineers
• Unit Type: 2 Bedroom, 3 Bathroom Apartment
• Size: 1,323 sqft (122.9 sq m)
• Floor: High Floor (exact floor available on request)
• Balcony: Yes — all Olivo Park units include balconies
• Kitchen: Bosch-equipped — high-quality German appliances as standard
• Smart Home: Yes — integrated smart home technology throughout
• Built-in Wardrobes: Yes — elegant built-in wardrobes in all bedrooms
• Bathrooms: 3
• Parking: 1 covered parking space
• Status: Ready — building handed over December 2025
• Occupancy: Immediate — available to move in or rent out now
• Seller: Highly motivated — genuine distress, swift transaction preferred
• Asking Price: AED 1,600,000
• Market Comparison: 2BR listings in Olivo Park from AED 1,858,643 (1,255 sqft) — this larger unit is priced below smaller comparables
• Ownership: Freehold — available to all nationalities
• Community: JVC District 10, Jumeirah Village Circle, Dubai

About Olivo Park Residences

Olivo Park Residences is a boutique residential development by Evera Real Estate Development Company, rising 14 storeys (B+G+2 Podium+10 Residential Floors) in JVC District 10 — one of Jumeirah Village Circle’s most established and well-connected sub-districts. The building contains 114 fully furnished and equipped apartments across 1-bedroom and 2-bedroom configurations (including select 2-bedroom + maid’s room units), complemented by 8 ground-floor retail units and 149 parking spaces. The development distinguishes itself through its smart home technology integration, Bosch and Italian premium appliance specification, contemporary facade, and boutique scale — with only 114 units across the entire building, it maintains a quiet, exclusive character compared to JVC’s larger mass-market towers. The building includes a lounge lobby with concierge, resort-style amenities, and 24/7 security with Alcad alarm systems and Hikvision CCTV surveillance. JSS International School is located just 0.5 km from the building’s entrance.

Community and Lifestyle

• JVC (Jumeirah Village Circle) is one of Dubai’s most popular mid-market residential communities — a Nakheel master development spanning 870 hectares with 30+ community parks and green spaces
• District 10 is among JVC’s most well-planned sub-districts — walkable to Circle Mall (2 minutes), with direct access to Al Khail Road (E44) and Sheikh Mohammed Bin Zayed Road (E311)
• JSS International School at 0.5 km is one of the closest international schools to any JVC building — a major draw for families. 17 schools rated ‘Very Good’ or ‘Outstanding’ are within the wider JVC area
• Lycée Français Jean Mermoz (South Campus) at 1.4 km — additional premium schooling within walking distance
• Nord Anglia International School Dubai and Dubai International Academy (both ‘Outstanding’ rated) are within the broader area
• Ideal for families, young professionals, couples, and investors targeting JVC’s strong rental market — JVC consistently achieves gross rental yields of 7–8%+ for 2-bedroom apartments
• Pet-friendly community environment within a mature, established neighbourhood

Amenities

• Leisure swimming pool
• Kids’ swimming pool
• Fully equipped gymnasium
• Sauna and steam room
• Dedicated kids’ zone
• Rooftop BBQ area
• Lounge lobby with concierge services
• 8 retail units at ground level (cafes, mini-markets, flower shops)
• 149 covered parking spaces
• 24/7 security with Alcad alarm systems and Hikvision CCTV surveillance
• Smart home technology in every unit
• Bosch-equipped kitchens
• Community green spaces and landscaped common areas
• High-speed elevators

Layout and Floor Plan

Olivo Park Residences 2-bedroom apartments range from 1,175 to 2,100+ sqft. This unit is 1,323 sqft — a mid-to-large 2-bedroom configuration on a high floor. The layout includes 2 spacious bedrooms (each with built-in wardrobes), 3 bathrooms (a master en-suite, a second bedroom en-suite or shared bathroom, and a guest powder room), an open-plan living and dining area with large windows and access to the balcony, and a fully fitted Bosch-equipped kitchen. Smart home technology is integrated throughout all controls. The high-floor position provides an elevated community outlook and natural light. The exact floor, unit number, and floor plan are available on request quoting OLIVO-JVC-2BR-1323-HF-001.

Payment and Acquisition Costs

This is a ready secondary market resale — the building was handed over in December 2025 and is fully complete. No further construction installments apply. On transfer: 4% DLD transfer fee (~AED 64,000 on AED 1,600,000), trustee fee (~AED 4,200), and buyer agency ~2% (~AED 32,000). Total all-in acquisition cost: approximately AED 1,700,200. For end-users, mortgage financing is available — contact our team for bank pre-approval support. For investors, the property can be immediately tenanted — no waiting period.

Location and Connectivity

• Al Khail Road (E44): approximately 1–2 minutes — primary highway artery
• Sheikh Mohammed Bin Zayed Road (E311): approximately 2–3 minutes
• Circle Mall (JVC): approximately 2 minutes by car
• JSS International School: 0.5 km — approximately 2 minutes by car or walking distance
• Dubai Marina / JBR: approximately 20 minutes by car
• Palm Jumeirah: approximately 16 minutes by car
• Burj Al Arab: approximately 18 minutes by car
• Mall of the Emirates: approximately 15 minutes by car
• Downtown Dubai / Dubai Mall: approximately 22 minutes by car
• Dubai International Airport (DXB): approximately 27 minutes by car
• Al Maktoum International Airport (DWC): approximately 28 minutes by car
• Dubai Hills Estate: approximately 10 minutes by car
• Dubai Miracle Garden: approximately 5 minutes by car

Why Invest in Olivo Park Residences, JVC

• Ready now — immediate rental income: The building is complete and handed over. An investor can sign the SPA, transfer, and list for tenancy within weeks — with no construction wait, no installment schedule, and zero remaining construction risk
• Below comparable market price: 2-bedroom listings in Olivo Park from AED 1,858,643 for 1,255 sqft. This unit is 1,323 sqft — a larger floor plan — at AED 1,600,000. The buyer is acquiring more space at a lower absolute price versus current market comparables in the same building
• JVC 7–8%+ gross rental yield: JVC is consistently among Dubai’s highest-yielding established communities for mid-market apartments. A 2-bedroom in JVC District 10 can achieve AED 100,000–130,000 per year, implying a gross yield of 6.25%–8.1% at the distress price
• Boutique building advantage: At 114 units, Olivo Park Residences is one of JVC’s smaller buildings — lower owner-occupier competition, better building management, quieter common areas, and a strong community environment that retains tenants long-term
• Bosch kitchen + smart home: Premium specification for a JVC building at this price point. Bosch appliances and smart home technology command above-average rents versus non-spec buildings in the same area
• 3 bathrooms for a 2BR: Three bathrooms in a 2-bedroom apartment is genuinely rare in JVC and highly valued by tenants — particularly families and professional sharers — supporting above-average occupancy and rental rates
• School adjacency: JSS International School at 0.5 km is a structural rental demand driver — families with school-age children specifically seek short-walk school proximity, and supply of such apartments in JVC is limited
• Nakheel master community: JVC is developed by Nakheel — with consistent infrastructure investment, managed community standards, and long-term government-backed development certainty
• Freehold: 100% ownership rights for all nationalities; 2-year investor visa at this price

Frequently Asked Questions (FAQs)