Olaia Residences: Luxury Homes on Palm Jumeirah

Olaia Residences is a new off-plan residential project by Gulf House Real Estate Development on Palm Jumeirah. Olaia Residences offers panoramic views of the Arabian Gulf, Burj Khalifa, Burj Al Arab, and Bluewaters Island.

The development features 1-3 bedroom apartments and 3-5 bedroom duplexes with premium finishes, state-of-the-art kitchens, and a wide range of amenities, set for completion in Q4 2027. It is opposite the Fairmont Palm Hotel and boasts a futuristic yet harmonious design integrated into the island's landscape.

Olaia Residences Highlights

• Developer: Gulf House Real Estate Development  
• Project Name: Olaia Residences
• Location: Palm Jumeirah
• Completion Date: Q4 2027  
• Unit Types: 1, 2, 3 bedroom apartments & 3, 4, 5 bedroom duplexes  
• Floors: 2 Basements + Ground + 10 Floors + Roof (2B + G + 10floors + R)
• Furnishing: Kitchens fitted with Miele appliances for apartments and Gaggenau for duplexes; residences are otherwise unfurnished   
• Service Charge: 23 AED/sqft
• Parking: 1 parking space for 1BR & 2BR apartments; 2 parking spaces for 3BR apartments and all duplexes (3BR, 4BR, 5BR)

Olaia Residences

Prices

1 Bedroom Apartment

• Size: 851 sqft
• Price: AED 3,200,000

2 Bedroom Apartment

• Size: 1558 sqft
• Price: AED 5,600,000

3 Bedroom Apartment

• Size: 2163 sqft
• Price: AED 8,000,000

3 Bedroom Duplex

• Size: 2260 sqft
• Price: AED 11,000,000

4 Bedroom Duplex

• Size: 2999 sqft  
• Price: AED 14,300,000

5 Bedroom Duplex

• Size: 4125 sqft
• Price: AED 20,200,000  

Olaia Residences

Payment Plan

• On Booking: 10% payment
• During Construction: 40% payment
• Upon Handover: 50% payment