Olive Point
About the project
(sq. ft.)
Olive Point is a residential community located in the prestigious community of Jumeirah Golf Estates, Dubai. The project was developed by Olive Point Holdings and was commissioned in 2014.
There are 48 three-storey villas with five to seven bedrooms. Units range in size from 8,875 sq. ft. and were designed using a Tuscan-inspired style. Residences are situated along a golf course.
The first floors have dining rooms that are adjacent to living rooms, as well as separate study areas and guest rooms with bathrooms. The second floors have bedrooms. Villas have private swimming pools, parking for two vehicles, and landscaped gardens, and some units have basements that can be used as home theatres or family recreation rooms.
The complex provides all of the necessary facilities to ensure a comfortable living environment. Residents can enjoy a variety of amenities and services, including:
- Nearby golf courses
- 24-hour security services and video surveillance
- The Norman Clubhouse, a gourmet restaurant
- Community swimming pool and fitness centre
- Barbecue area
Property Information
- Location Jumeirah Golf Estates, Dubai, UAE
- Status of Project Ready
- Type of Project Villas
- Units 5-7BR
- Area from 8,875 sq. ft.
- Total Amount of Units 48
Location
The community does not have direct access to public transportation, so residents travel by personal vehicles and cabs. Tap & Grill Restaurant, Jumeirah Golf Estates Golf Course, and JGE Mosque can be reached within a five- to 10-minute walk of the residences.
The complex is situated within a 10- to 15-minute drive of many social, commercial, and leisure facilities, including:
- City Center Me’aisem
- Choithrams Supermarket, West Zone Fresh, and Star Mart
- Tasty World Restaurant, the Big Wok, and Al Shams Restaurant & Café
- Dubai British School, Victory Heights Primary School, and GEMS Metropole School
- Kids Kingdom and the Wonder Years Nursery
- Mediclinic Me’aisem and Emirates Hospital Day Surgery & Medical Centre
- Jumma Mosque
- Victory Heights Gym and Fit Republik Fitness Centre
Dubai Autodrome, Dubai International Stadium, and Dubai Miracle Garden are located within a 20-minute drive of the villas. For leisure activities, Cove Beach, JBR Beach, and Al Sufouh Beach can be reached within a 20-minute drive. Dubai International Airport and Al Maktoum International Airport are situated within a 30- to 35-minute drive.
Payback
Villas at Olive Point have a return on investment rate of approximately 5.5%. Annual rental rates range from AED 325,000 (USD 89,000) to AED 420,000 (USD 114,000), and investments can be recouped within 18 to 22 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6111
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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