Olivia Residencesphoto: karmadevelopers.aeUnder construction

Olivia Residences

DLD project no. 2752 · Dubai Investment Park First · 231 units

Progress
38.2%
DLD inspected 21 Sept 2026
Handover
~ Dec 2026
Est. finish 24 Dec 2026
Escrow
#1011225821722002
Registered escrow account
Google rating
4.9 ★
14 reviews

DLD developer no. 1613 · KARMA REAL ESTATE DEVELOPMENT L.L.C

Data last checked 29 Oct 2026

declared value 89.1M AED

B+G+6F+ROOF,Residentia.The project designed to have a concrete structure and block with internal and external finishes.

DLDConstruction inspection
38.2% of construction complete · last inspected by DLD 21 Sept 2026

≈54 pts behind the planned pace as of the last inspection

today
inspected 21 Sept 2026
start 1 Oct 2023 est. finish 24 Dec 2026
Earlier inspections12 Sept 2026 · 38.2%8 May 2026 · 30.8%
Google · this project
4.9
14 reviews

Location

Olivia Residences: common questions

Is Olivia Residences delayed?

It is behind plan. Construction was 38.2% complete at the last DLD inspection on 21 September 2026, while its registered timeline (planned completion 24 December 2026) would expect about 92% by then.

When is the handover of Olivia Residences?

The planned completion date registered with Dubai Land Department is 24 December 2026. Handover usually follows completion; the developer confirms the exact date.

How much of Olivia Residences is built?

Construction was 38.2% complete at the last DLD inspection on 21 September 2026, as published by Dubai Land Department.

Where is Olivia Residences located?

Olivia Residences is in Dubai Investment Park First, Dubai.

Who is the developer of Olivia Residences?

Olivia Residences is developed by KARMA REAL ESTATE DEVELOPMENT L.L.C (DLD developer no. 1613). It is registered with Dubai Land Department as project no. 2752, with 231 units.

Does Olivia Residences have an escrow account?

Yes. Dubai Land Department open data lists escrow account 1011225821722002. Always confirm the account with the developer or in the Dubai REST app before paying.

What are recent sale prices in Olivia Residences?

The most recent sale registered with Dubai Land Department was on 7 October 2026 for AED 768,482. Across the 12 recorded sales, the average was AED 1,060 per sq ft.

Answers are generated from Dubai Land Department open data shown on this page.