Olivo Park Residences by Evera – Smart Home Apartments in Jumeirah Village Circle

Developer: Evera Development
Location: Jumeirah Village Circle (District 10), Dubai
Building Configuration: Basement + Ground + 2 Podium Levels + 10 Residential Floors + Rooftop
Unit Types: 1 & 2-Bedroom Apartments (with smart home features)
Starting Price: AED 990,000
Price Range: AED 990,000 – AED 2,169,916
Price per Sq. Ft.: From AED 1,480
Size Range: 689 sq. ft. – 2,675 sq. ft.
Handover: Q4 2025
Ownership: Freehold
Furnishing: Semi-Furnished with Premium Kitchen Appliances
Service Charge: AED 14 per sq. ft.
Resale Allowed: After 40% Payment

Overview of Olivo Park Residences

Olivo Park Residences by Evera Development is a thoughtfully designed residential project in Jumeirah Village Circle, one of Dubai’s most vibrant and family-friendly communities. The development combines modern architecture with functional living spaces, offering a perfect balance of design, convenience, and lifestyle. With a clean facade, panoramic windows, and elegant balconies, the project reflects contemporary urban sophistication.

The project consists of a basement, ground floor, two podiums, ten residential levels, and a rooftop with lifestyle amenities. Its architectural design emphasizes vertical lines that enhance the tower’s silhouette, making it an attractive landmark within JVC. Apartments are equipped with smart home technology and fitted with appliances from leading Italian and German brands, ensuring a premium living experience that combines efficiency, comfort, and elegance.

Property Information

Olivo Park Residences offers a curated selection of one- and two-bedroom apartments with multiple layout options. Apartments are intelligently planned to maximize living space, with open kitchens, spacious bedrooms, and large balconies that extend the living area outdoors. High-quality finishes, elegant interiors, and floor-to-ceiling windows create a bright, welcoming atmosphere filled with natural light.

For buyers and investors, the development provides freehold ownership, semi-furnished apartments with premium kitchen fittings, and a strong value proposition with a competitive price per square foot.

Detailed Description

Olivo Park Residences has been designed for modern living, catering to professionals, couples, and families who seek both style and functionality in their home. The interiors are defined by clean lines, neutral palettes, and contemporary fixtures, providing residents with a space that is both visually appealing and highly functional.

Each apartment incorporates smart home systems that allow residents to control lighting, temperature, and security features remotely. Kitchens are equipped with premium appliances from globally recognized European brands, offering efficiency and durability. Living spaces flow seamlessly, creating an environment where every square foot is utilized to its maximum potential.

The project integrates residential comfort with lifestyle amenities. Residents have access to a rooftop infinity pool, fully equipped gymnasium, wellness areas, landscaped gardens, and children’s play zones. The podium levels include retail and commercial spaces, providing daily conveniences within the same complex. Parking is available across three levels, adding to the convenience of residents and visitors alike.

Olivo Park Residences is not just a place to live—it is a lifestyle community designed around the needs of modern urban families. Its strategic location in JVC ensures quick connectivity to Dubai’s most popular destinations, while the in-house amenities offer residents the comfort of a resort-like living environment.

Payment Plan

Olivo Park Residences offers a flexible and investor-friendly payment plan:

• Down Payment: 5% on booking

• During Construction: 55% in installments up to handover

• On Handover: 40%

This payment structure makes it easier for investors and end-users to secure a property in JVC while aligning payments with construction progress.

Economic Appeal

Dubai real estate continues to attract global investors due to its tax-free environment, strong rental yields, and high capital appreciation potential. Olivo Park Residences fits perfectly into this narrative. Its central location in Jumeirah Village Circle, one of Dubai’s fastest-growing communities, ensures a steady demand from tenants, making it a strong choice for rental income seekers.

With smart home features, high-quality finishes, and modern amenities, the property stands out among similar developments in the area. The starting price point of AED 990,000 makes it accessible to a wide range of buyers while still offering significant growth potential. With Dubai property values projected to rise further in the coming years, Olivo Park Residences represents a solid investment for both short- and long-term gains.

Nearby Attractions and Distances

Olivo Park Residences offers unmatched connectivity with close proximity to key destinations:

• Circle Mall – 5 Minutes

• Mall of the Emirates – 7 Minutes

• Dubai Marina – 10 Minutes

• Palm Jumeirah – 10 Minutes

• Downtown Dubai & Burj Khalifa – 15 Minutes

• Dubai Mall – 15 Minutes

• Dubai International Airport – 25 Minutes

JVC is also well connected to schools, supermarkets, parks, and healthcare facilities, ensuring that daily essentials are always within easy reach.

Amenities and Facilities

Olivo Park Residences is designed as a lifestyle destination, offering a range of amenities and facilities that enhance residents’ quality of life:

Infinity Pool
A rooftop infinity pool offers stunning views of the city while providing a serene space for relaxation and leisure.

Gymnasium
A fully equipped fitness center with modern machines and training areas supports a healthy lifestyle.

Wellness Facilities
Dedicated sauna and steam rooms promote relaxation and rejuvenation.

Children’s Play Areas
Safe and engaging zones are provided for children to play and socialize within the community.

Landscaped Gardens and Parks
Green spaces with shaded areas, walking paths, and barbecue zones encourage outdoor activities and family gatherings.

Coworking Zone
A thoughtfully designed coworking area allows residents to work from home without compromising on productivity or comfort.

Concierge and Security
24/7 concierge service and advanced security systems with CCTV surveillance provide residents with peace of mind.

Retail Outlets and Lobby
The lower levels feature a welcoming lobby and retail outlets that cater to daily needs.

Covered Parking
Three levels of covered parking ensure ample space for residents and visitors.

Smart Home Features
Every apartment is fitted with advanced smart home technology that integrates convenience with security and efficiency.

About the Developer – Evera Development

Evera Development is a new-generation real estate company in the UAE dedicated to creating sustainable, innovative, and high-quality living spaces. The company focuses on combining intelligent design, smart technology, and eco-friendly construction practices to deliver projects that enhance urban living.

The developer’s mission is to go beyond building structures and instead create communities that bring long-term value to residents and investors alike. Evera manages every stage of development, from planning and design to construction and property management, ensuring complete quality control.

With Olivo Park Residences, Evera has delivered a project that aligns with Dubai’s vision of future-ready communities. By integrating energy-efficient solutions, smart home features, and functional design, the developer ensures that residents enjoy a lifestyle that is both luxurious and sustainable.

Frequently Asked Questions

1. What types of units are available at Olivo Park Residences?
The project offers one- and two-bedroom smart home apartments with multiple layout options, including larger units with maid’s rooms.

2. What is the starting price of apartments?
Prices start at AED 990,000, with the highest-priced units going up to AED 2,169,916 depending on size and configuration.

3. When is the expected handover date?
Handover is scheduled for Q4 2025.

4. Is this a freehold property?
Yes, Olivo Park Residences offers freehold ownership, making it open to both local and international investors.

5. What payment plan is available?
The payment plan includes a 5% down payment, 55% during construction, and 40% on handover.

6. What amenities are included?
Residents benefit from a rooftop infinity pool, gym, coworking spaces, landscaped gardens, wellness facilities, concierge services, and retail outlets within the complex.

7. Can the property be resold before handover?
Yes, resale is allowed after 40% of the property value has been paid.

8. How close is the project to key destinations in Dubai?
Circle Mall is 5 minutes away, Dubai Marina and Palm Jumeirah are 10 minutes away, and Downtown Dubai is within 15 minutes.

9. Who is the developer?
Olivo Park Residences is developed by Evera Development, a UAE-based company focused on sustainable, modern, and smart communities.

10. Is it a good investment opportunity?
Yes, with its location in JVC, modern smart home features, flexible payment plan, and growing rental demand, it offers strong investment potential.

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