Karma Dev Unveils AED300M Luxury Homes in Dubai Park

AED 300 million luxury home project in Dubai Investment Park is announced by Karma Developers.

The business also unveiled a first-of-its-kind 10/90 payment plan, which requires purchasers to put down 10% and then pay 1% every 90 months after that.

Price tags for units in Karma Developers’ upcoming luxury residential development, Olivia Residences, at Dubai Investment Park (DIP), will begin at AED 680,000, the company announced.

The business also unveiled a first-of-its-kind 10/90 payment plan, which requires purchasers to put down 10% of the total cost and then make 1% monthly installments for 90 months.

Investors may anticipate a yearly rental yield of up to 15 percent, which is unrivaled by any other project in this category, and there won’t be any accelerated payments in between, the statement stated.

Olivia brings a new level of accessible luxury living to the city with its unprecedented 8-year payment flexibility and prime location next to the vibrant Green Community,” stated Karma Developers CEO Shahzad Narain Saxena.

The DIP-1 residential neighborhood, situated right next to the Green neighborhood, is proud to offer a selection of 229 one-, two-, and three-bedroom apartments. Each of these units boasts first-rate finishes and breathtaking views, ensuring that every moment at home is a luxurious experience. For those interested in owning a piece of this elegance, these apartments are available as Freehold Property in Sharjah, allowing investors and families to secure their own slice of paradise in this vibrant city.

Q2 2026 is when the project is expected to be finished.

Olivia Residences, according to the firm, will have a number of features, such as an outdoor movie theater, yoga studio, Zen garden, infinity pool, and spa.

According to Saxena, Olivia furthers Karma’s dedication to enhancing Dubai’s real estate market with opulent, customer-focused homes in partnership with Deca Properties, a development management firm.

With an existing project pipeline valued at AED 1.3 billion, the collective aim is to develop exciting new living experiences across prime locations in Dubai,” he stated.