Olivia Residences at Dubai Investment Park – Karma Developers
Unit Type
Payment Plan
HandOver
Unit Type
Payment Plan
HandOver
Description
Olivia Residences, developed by the esteemed Karma Developers, is a luxurious six-story residential project located in the bustling Dubai Investment Park (DIP). Offering a range of 1-, 2-, and 3-bedroom apartments, Olivia Residences redefines modern living by combining elegance, convenience, and comfort in one of Dubaiโs most thriving and innovative hubs. With contemporary architecture and high-end finishes, this development is designed to provide a sophisticated lifestyle for individuals and families alike.
Olivia Residences Location
Strategically located in Dubai Investment Park, Olivia Residences benefits from its prime position in a dynamic area known for rapid growth and development. DIPโs excellent connectivity to key transportation routes, including major highways and the metro, makes it an ideal location for both residents and businesses. Proximity to logistics and trading hubs enhances its appeal as a strategic investment, while the areaโs expanding infrastructure and residential developments ensure a vibrant lifestyle for residents.
Olivia Residences Amenities
Olivia Residences offers an array of exceptional amenities designed to enhance the quality of life for its residents. Highlights include a stunning infinity pool surrounded by picturesque views, providing a perfect spot for relaxation. The Zen Garden offers a tranquil space for meditation and reflection, while the state-of-the-art gym, complete with panoramic views, caters to fitness enthusiasts. Additionally, residents can unwind in the soothing sauna, ensuring a well-rounded, luxurious lifestyle experience.
Olivia Residences Floor Plan
The thoughtfully designed floor plans of Olivia Residences cater to various lifestyle needs, with 229 units comprising 96 one-bedroom apartments, 115 two-bedroom apartments, and 18 three-bedroom apartments. Each apartment features modern interiors, spacious living areas, and large windows that flood the spaces with natural light. The combination of contemporary architecture and elegant finishes ensures that every unit provides a comfortable and serene environment for residents.
Olivia Residences Payment Plan
Olivia Residences by Karma Developers offers flexible payment plans, making it an attractive option for both homebuyers and investors. The variety of unit sizes and payment options ensures that there is a perfect home for every buyer, whether youโre seeking a cozy one-bedroom apartment or a spacious three-bedroom unit. This development is not only a great place to live but also a sound investment in the ever-growing Dubai Investment Park.
Appealing 40/60 Payment Plan:
Installment | Payment(%) | Payment Schedule |
Down Payment | 10% | On Booking Date |
1st to 30th Installment | 30% | Within 30 months (1% monthly) from the booking date |
31st Installment | 1% | On Handover |
1st to 59th Installment | 59% | Within 59 months (1% monthly) after handover |
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Payment Plan
On Booking
On Construction
On Handover
Post Handover
GALLERY
Floor Plans
GENERAL FAQ's
The DLD regulates all real estate activities in Dubai, ensuring transparency and legality. Key responsibilities include:
-Registering property transactions (sales, leases, mortgages).
– Issuing Title Deeds and managing the Real Estate Registry.
– Enforcing anti-fraud measures and resolving disputes through the Rental Dispute Centre.
– Mandating the use of certified trustees for off-plan project escrow accounts. For More information visit www.dubailand.gov.ae
You can check the status of a project through the Dubai Land Department (DLD) website or the Dubai REST app. Simply enter the project’s name or developer details to view updates, escrow account details, and progress reports. For More information visitย https://dubailand.gov.ae/en/eservices/real-estate-project-status-landing/real-estate-project-status/#/
RERA is a regulatory arm of DLD that oversees real estate laws, brokers, developers, and rental disputes in Dubai. For More information visit www.dubailand.gov.ae
RERAโs Escrow Account Law requires developers to deposit 100% of buyer funds into DLD-approved escrow accounts. Funds are released only after construction milestones are verified, minimizing project delays or cancellations. For More information visit www.dubailand.gov.ae
EOI (Expression of Interest) is a formal pre-booking commitment made by a buyer to express their serious interest in purchasing a property, especially in off-plan projects in Dubai. It is typically required before a project is officially launched.
It provides legal protections for property investors through various regulations such as Escrow Lawย (Law No. 8 2007) which ensures developers deposit funds into escrow accounts to prevent fraud and Law No. 13 of 2008 which regulates the interim property registration.
This body has been developed to oversee real estate transactions, resolve property-related disputes, and develop and enforce real estate laws to ensure stability and fairness.
People who own property in Dubai worth at least AED 2 million are eligible to obtain a Dubai Golden Visa
Yes. Non-residents can obtain mortgages in Dubai. It is possible for foreign nationals to purchase their dream home in Dubai through a mortgage.
First of all, you must be a citizen of a country which is on the bankโs list. A non-resident mortgage seeker must be a professional or self-employed. Meeting minimum age and income requirements is also necessary in most of the cases.
After completing the property purchasing process, you need to visit the Dubai Land Department (DLD, submit the required documents such as the sale agreement, proof of payment and no objection certificate and pay the registration fee to obtain the title deed of your purchased property.
Open the Dubai Rest App and select the dashboard option to bring my property wallet screen. Choose your property, add the required details and click on the purple circle to get the electronic copy of your title deed.
Yes. Property owners are allowed to give their properties as gifts in Dubai through a legal process.
You can check the status of a real estate development in Dubai by visiting the Dubai Land Department (DLD) website or using the Dubai Rest App.
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Amenities and Features
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Start With A Quick Quiz & End With The Best Deal!
Given our years of real estate experience, we understand that it is not easy to buy properties for sale in Dubai, especially for new buyers. It is challenging to find the perfect spot for investment amid thousands of investment opportunities.
However, Kelt and Co Realty has come up with a perfect solution. Now, an investor is not required to go through countless listings on different property-related websites. Kelt and Co Realty offers a one-stop solution. An investor just needs to complete this quick quiz to find the perfect investment option because all information related to off-plan property is available here.
You just need to follow simple steps on your screen to find the perfect option based on your specific demands and financial means. Choose the perfect offer and contact us!
- It takes less than 2 minutes
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