Olivo Park Residences, JVC
Olivo Park Residences is a 14-storey residential building in JVC District 10, Jumeirah Village Circle, developed by Evera Real Estate Development and completed in May 2026 per propsearch.ae. Propsearch.ae and Dubricks both count 122 units, mostly one- and two-bedroom apartments with some studios and offices. This guide covers the unit mix, payment plan, location and the few resale records so far for owners weighing a short-let against a long-let.
Developer
Evera Real Estate Development Company
Storeys
14, on a basement and two podium levels
Units
122
Unit mix
1- and 2-bedroom apartments, 8 offices, studios per Dubricks
Completed
May 2026 per propsearch.ae
Location
JVC District 10, Jumeirah Village Circle
About Olivo Park Residences
Olivo Park Residences is a freehold 14-storey residential building in JVC District 10, Jumeirah Village Circle. Propsearch.ae and Dubricks name Evera as the developer, and propsearch.ae names Kaizen Architects and Engineers as the architectural consultant, Ikhlas Building Contracting as the main contractor and Akkus Piling Foundations for the foundations. Construction began in September 2023.
Propsearch.ae records an estimated handover of December 2025, completion in May 2026 and a launch payment plan of 5% on booking, 55% during construction and 40% on handover. It also notes one basement level used for parking and gives the project value as AED 52,101,000 (about USD 14.2 million), a developer estimate made before construction.
Developer, storeys and unit count are confirmed by propsearch.ae and Dubricks. Disclosed conflict on status: Dubricks still shows the project as under construction at 50.34% with an anticipated completion of December 2025, while propsearch.ae records completion in May 2026, which is used here. The architect, contractors and payment plan come from propsearch.ae alone. Bayut.com and Property Finder hold no page for the building and dxbinteract.com could not be loaded. All live-checked 2026-09-24.
Location and Nearby Landmarks
Olivo Park Residences sits in JVC District 10, with JVC District 16 Sports Park about 0.2 km away, Sellm Park 0.3 km and Roolh Park 0.5 km. Gloria H.E. Hotel Apartments is the nearest hotel at 1.2 km.
Cinepolis at Circle Mall is about 0.7 km away, Reel Cinemas at The Springs Souk 1.7 km, Montgomerie Golf Course 3.3 km and The Els Golf Club 3.5 km. For the wider picture of the district, see Royale Stays' Airbnb management in JVC page.
Nearby parks, hotels, cinemas and golf clubs sourced from propsearch.ae. Used as location colour rather than a load-bearing fact. Live-checked 2026-09-24.
Unit Types and Sizes
Propsearch.ae describes a mix of one- and two-bedroom apartments plus eight offices, and Dubricks adds studios. Both count 122 units in total, with no split by type.
Dubai Land Department records show more than that: one-bedroom units of 751 and 898 sq ft, a two-bedroom of 1,256 sq ft, a three-bedroom of 2,024 sq ft and two ground-level shops of 357 and 422 sq ft. No portal publishes floor plans.
Unit total from propsearch.ae and Dubricks; sizes from propsearch.ae's DLD records, whose three-bedroom and shop entries are not in either portal's unit description. Live-checked 2026-09-24.
Amenities
Propsearch.ae publishes no facility list. Dubricks lists a swimming pool, a fitness centre and gymnasium, a kids' play area, a lawn or garden, a jogging track, a barbecue area, retail outlets and 24-hour security, and its description mentions outdoor pools and relaxation areas.
Dubricks' list also includes tennis courts, private pools and beaches, which do not fit a building of this size, so treat it as a generic checklist and ask the building management which facilities exist today.
Amenity list from Dubricks, a single portal source and partly generic. Confirm a specific facility with the building management before relying on it. Live-checked 2026-09-24.
Transportation and Access
Olivo Park Residences is a car-first location, like most of JVC.
By car, it takes roughly 22 minutes to reach Dubai Mall, 16 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 20 minutes to The Walk JBR. Dubai International Airport (DXB) is roughly 27 minutes away and Al Maktoum International Airport (DWC) roughly 28 minutes.
Drive times from propsearch.ae, Google Maps-calculated, fastest route in typical traffic. Live-checked 2026-09-24.
Price Guide: Sales at Olivo Park Residences
Only one residential sale appears in the ten most recent Dubai Land Department records for Olivo Park Residences: a 1,256 sq ft two-bedroom recorded as a delayed sale at AED 1,670,000 on 14 September 2026 (AED 1,330 per sq ft). Propsearch.ae lists 50 transaction records for the building.
The building completed in May 2026, so few resales exist yet. The launch payment plan was 5% on booking, 55% during construction and 40% on handover. Use Royale Stays' Dubai property ROI calculator to test a purchase price against expected returns.
Price from propsearch.ae's structured Transaction Type and Building Name fields. Excluded as not being residential sales: seven Mortgage Registrations and Delayed Mortgages of AED 600,000 to AED 1,659,960, and two delayed sales of ground-level shops at AED 1,100,000 and AED 1,250,000. A single sale is indicative only. No service-charge or rental figures were found. Live-checked 2026-09-24.
Airbnb Income Potential at Olivo Park Residences
Olivo Park Residences is a residential building with no hotel operator listed, so the standard route applies: the owner holds the title, the unit is registered as a holiday home with the Dubai Department of Economy and Tourism, and Royale Stays handles the application, the furnishing plan, photography, pricing, guest check-in, communications and maintenance under a management fee from 15%. Our Airbnb management in JVC page covers how that works across the community, and the wider Airbnb property management in Dubai guide covers the service in full.
What works in its favour: a new 2026 handover, a sports park 0.2 km away, Circle Mall 0.7 km away and a mostly one- and two-bedroom mix. What works against it: it is a car-first location, the nearest hotel is 1.2 km away and only one residential sale is on record so far.
Royale Stays does not publish building-specific earnings for Olivo Park Residences, and no figure on this page should be read as one. JVC is not one of Royale Stays' five core managed areas. If you own here and want a comparison of a furnished short-let against a long-let for your actual unit, the number to call is +971 56 642 4239.
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