Project Type
Retail
Project Status
Off Plan
Completion Date
Q2 2026
Payment Plan
10/90
Available Sizes
3,051 - 21,397 sq. ft.
DETAILED PROPERTY DESCRIPTION
Olivia Residences by Karma Developers
Location: Dubai Investment Park 1 (DIP 1), Dubai
***CONNECT NOW FOR COMMERCIAL AND RESIDENTIAL ENQUIRIES
Dubai Investment Park 1 is one of Dubai's most self-contained residential and commercial precincts, anchored by its own metro station and surrounded by a full spectrum of daily amenities — schools, hospitals, hypermarkets, and parks — all within a 3-minute radius. This functional density translates directly into retail demand: residents are habitual, proximate, and consistent.
The area's profile is fundamentally residential, with a large, stable tenant and owner-occupier base drawn to DIP's relative affordability, greenery, and connectivity. The DIP Metro Station (3 minutes from Olivia Residences) extends that catchment significantly, pulling in commuters and workers from across the network. Retail positioned inside this ecosystem serves a captive, repeat-use audience rather than depending on destination traffic.
Olivia Residences sits on a park-facing plot with direct visual access to landscaped open space — a locational quality that elevates street-level retail from utility to destination. The building's ground floor is the natural terminus for both residential footfall and park-side pedestrian flow.
Project Overview
A Park-Facing Residential Community with Ground-Floor Retail
Olivia Residences is a G+6 with rooftop residential development by Karma Developers, delivered through DECA Properties, comprising 229 apartments across 1-bedroom, 2-bedroom, and 3-bedroom configurations. The project is presented as the only residential building directly attached to the Greens community precinct in DIP, with unobstructed park and greenery views forming the core lifestyle proposition.
The ground floor integrates two retail units, providing immediate exposure to the building's resident base as well as the broader DIP catchment. The development's own-use retail profile — supported by a hypermarket visible on the ground-floor renders — positions units for essential service, F&B, health, or convenience operators. Kitchens are fully fitted with branded European appliances throughout the residential floors, indicating a quality-conscious resident demographic.
Building Configuration
Structure
G + 6 Residential Floors + Rooftop
Total built-up area: 254,038.30 sq. ft.
Ground Level
Two retail units with ground-floor frontage
Residential lobby access
Residential Levels (Floors 1–6 + Rooftop)
Total: 229 residential units
Residential Mix
***CONTACT US FOR SPECIAL NEGOTIATED PRICE
Type | Units | Min. Size | Max. Size |
1 Bedroom | 96 | 634 sq. ft. | 845 sq. ft. |
2 Bedroom | 115 | 964 sq. ft. | 1,240 sq. ft. |
3 Bedroom | 18 | 1,331 sq. ft. | 1,490 sq. ft. |
Retail Overview
Unit | Floor | Size |
Retail 01 | Ground | 3,051.46 sq. ft. |
Retail 02 | Ground | 21,397.25 sq. ft. |
Starting Price: From AED 2,000 PSF ***CONTACT US FOR SPECIAL NEGOTIATED PRICE
Payment Plan: 10/90 — 10% down, balance over 90 months at 1% per month (interest-free), with 5-year post-handover
Handover: Q2 2026
Frontage: Ground-floor, park-facing
Access: Direct street-level entry
Payment Plan — 10/90
Instalment | % | Milestone |
Down Payment | 10% | On booking |
During Construction | 30% | 30 monthly × 1% |
On Handover | 1% | April 2026 |
Post-Handover | 59% | 59 monthly × 1% (5 years) |
***Standard 4% DLD fee is applicable on purchase.
Project Amenities
Infinity Pool
Jacuzzi
Sauna
Panoramic Indoor Gymnasium
Zen Garden
Meditation Area
Yoga Area
Outdoor Cinema
Kids' Play Area
Nanny Services for Kids in Outdoor Area
Multiple Water Features
Instagram Spot
Outdoor Sitting Area
Covered Car Parking
24/7 Security & CCTV Cameras
Changing Room
Design & Finishes
Fully fitted kitchens with branded European appliances (refrigerator, washing machine, kitchen hood, stove and oven)
Glass-balustrade balconies with park and greenery outlooks
Contemporary façade with integrated balcony planting and horizontal architectural banding
Ground-floor retail units delivered in base configuration
12-month warranty on all fixtures and fittings from date of handover
Views
Ground-floor retail frontage faces the park and open greenery of the DIP 1 precinct
Surrounded by landscaped public space and pedestrian walkways
Residential amenity deck and pool visible above — activating the building's street presence throughout the day
Location
A Self-Contained Retail Catchment in Dubai Investment Park
Olivia Residences occupies a well-positioned plot within Dubai Investment Park 1, a master-planned community that functions as one of Dubai's most complete residential self-sufficiency zones. Schools, hospitals, supermarkets, and metro access are all within immediate walking distance, making DIP residents high-frequency, low-displacement consumers — precisely the audience that drives sustainable retail.
The area's rapid residential infill, coupled with constrained new retail supply at the community level, creates structural undersupply in daily-needs and convenience-oriented categories. Ground-floor retail at Olivia Residences benefits from both captive residential demand and pedestrian spillover from the adjacent park and green corridor.
Connectivity
DIP Metro Station: 3-minute walk — direct link to the Red Line and broader Dubai Metro network
Sheikh Zayed Road (E11): Accessible via DIP arterials, connecting to Downtown, JBR, and Abu Dhabi
Al Maktoum International Airport: 20 minutes
Emirates Road (E611): Northern and southern city access
Proximity to Landmarks
3 minutes — DIP Metro Station, DIP Schools, DIP Hospitals, NMC Specialty Hospital
2 minutes — Shopping malls and Carrefour
10 minutes — Dubai Expo City
15 minutes — Mall of the Emirates, Global Village
20 minutes — Downtown Dubai, Dubai Mall, Burj Khalifa, Burj Al Arab, Al Maktoum International Airport
25 minutes — Dubai International Airport
The combination of metro access, park-facing frontage, and a 229-unit residential population positions Olivia Residences ground-floor retail as among the most proximate, repeat-use commercial opportunities currently available within the DIP 1 community.



