Olivia Residences Retail

The price you are actually considering.

No total purchase price is published on this listing — enter the price you are actually considering.

Drives the service charge only.

No unit size is published on this listing — 1,000 sq ft is a placeholder, not a measured area. Enter the area so the service charge can be calculated.

Rent and service charge both start here.

Quarters from purchase until the unit is handed over, up to five years. Rent, the vacancy allowance, management and the service charge all start at handover — before it the unit cannot be let and is not billed. Leave it on “Complete” for a finished unit. Capital growth is unaffected either way: it runs from today.

Your figure — we have not assumed one.

Your assumption. This listing states a price, not a rent — check achieved rents for the same building and unit type before setting it, and remember rent cannot start before handover.

0% holds rent flat. It may be negative.

Defaults to 0%, which holds rent flat in nominal terms: we do not publish rent forecasts. Dubai rents have fallen before. Applied from handover onward, stepping at each anniversary, which is how a tenancy renews. Dubai context: under Decree No. 43 of 2013, what a landlord may add when renewing an existing tenancy is capped by reference to how far the current rent sits below the RERA rental index — no increase at all while it is within 10% of the index figure, then rising in steps to a maximum of 20% where it sits furthest below. Letting to a new tenant is not capped in the same way. A single compound rate here is a simplification of that mechanism, not a statement of what your contract will permit.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

No published Dubai figure sets a standard vacancy allowance — it depends entirely on the building, the unit and how you let it. 8% is roughly one month empty a year plus re-letting time (1/12 = 8.33%), which is the void allowance this site's own worked examples use as an illustration elsewhere. Set your own figure based on the building's actual letting history.

Your figure — we publish none. Letting fees and routine repairs.

Dubai does not regulate management fee levels, so there is no official figure. Published market ranges run 5%–8% of gross annual rent for long-term residential management and 7%–10% for commercial, drawn from industry sources rather than a government tariff. This field opens blank rather than on a point inside those ranges — enter a written quote from the property manager you will actually use, covering both management and routine maintenance.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

There is no citywide service-charge rate. RERA's Mollak Service Charge Index publishes an approved rate per square foot for each specific building, searchable by project on Mollak, the DLD website or the Dubai REST app — that figure is the only reliable one. Reported rates span roughly AED 3 to AED 30 or more per sq ft a year depending on building age, amenities and reserve-fund health. This field opens blank rather than on an illustrative rate: enter the approved figure for your specific building.

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Buyer-side commission. Set it to 0 for a direct developer purchase.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Every dirham of this opening figure is a published Dubai Land Department fee, from DLD’s Property Sale Registration service card: the AED 4,000 registration trustee fee plus 5% VAT on sales of AED 500,000 or more, AED 250 for the title deed certificate, AED 225 for the unified Dubai Municipality map, and AED 10 knowledge and AED 10 innovation fees. Two costs are deliberately left out because no published tariff sets them. The developer or owners’ association no-objection certificate is priced by the developer, not by DLD. Conveyancing or legal fees are optional — a Dubai transfer completes at a DLD-licensed trustee office and does not require a lawyer. Get both quoted and add them here; we publish no figure for either.

1 to 40 years.

0% by default: we publish no price forecasts.

Set your own figure and read it against the sensitivity table below, which re-runs the whole model at −5% to +5% p.a. Dubai prices have fallen in the past and can fall again.

5% VAT added automatically.

Charged on the sale price, not on the profit.