Olivo Park Residences

About the project

Olivo Park Residences is a 122-unit residential development in JVC District 10, within Jumeirah Village Circle, Dubai. It is developed by Evera Development and comprises one residential building with retail space at ground-floor level. The project is finished, with a recorded completion ratio of 100% and a completion date of 15 December 2025.

The building and project layout

Olivo Park Residences is planned as a residential building with underground and basement levels, a ground floor, two podium levels and 11 upper floors. Retail space is included at the ground floor, while the building’s residential component contains 122 units. The structure is specified as concrete and block construction with internal and external finishes. The project began on 15 September 2023 and was completed on 15 December 2025. Its location is identified as JVC District 10, part of the wider Jumeirah Village Circle community.

Apartment collection

The residence collection is marketed as studios, one-bedroom apartments and two-bedroom apartments. The project contains 122 units in total within a single building. Prices start from AED 992,000. The available project information identifies the unit categories but does not distinguish the starting price by apartment type. The building also includes retail space on the ground floor, separating commercial use from the residential levels above.

Resident amenities

Olivo Park Residences includes a swimming pool and gym for residents. The amenity provision also lists a BBQ area and steam room. Arrival and circulation areas include a lobby, elevator area and corridors. Parking is included within the project facilities. The building arrangement incorporates underground, basement and podium levels, alongside its residential floors and ground-floor retail component. These facilities form the stated on-site offering for the development.

JVC District 10 location

Olivo Park Residences is located in JVC District 10, a residential sub-area within Jumeirah Village Circle. JSS International School and Lycée Français Jean Mermoz, South Campus, are among the schools identified near the project. Driving times from Olivo Park Residences are listed as 22 minutes to Dubai Mall, 16 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 20 minutes to The Walk at JBR. Dubai International Airport is listed at a 27-minute drive, while Al Maktoum International Airport is listed at 28 minutes by car.

Payment plan and completion

The payment plan is structured as 60% during the purchase and construction period, followed by 40% on handover. A 5% down payment is due on booking, with 55% payable through instalments during construction and the remaining 40% payable on handover. Handover is listed for Q3 2025. The project is recorded as finished at 100% completion, with 15 December 2025 stated as its completion date.

Evera Development

Olivo Park Residences is developed by Evera Development. Evera was founded in 2005 and reports that its development volume increased 63 times over a five-year period. The company identifies innovative projects and sustainable development as areas of focus. Olivo Park Residences forms part of its residential development activity in Jumeirah Village Circle. The project’s recorded developer entity is Evera Real Estate Development Co. L.L.C.

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