Limited availability
Olaia Residences on Palm Jumeirah
Palm Jumeirah plots are nearly built out, making Olaia an ultra-rare entry point.
STARTING PRICE
AED 3.2M
PAYMENT PLAN
50/50
HANDOVER
Q4 2027
ROI POTENTIAL
~5%
About the Project
Overview of Olaia Residences: Palm Jumeirah’s Statement of Wealth
The Palm’s shoreline is almost sold out. That’s why Olaia Residences is a standout.
Choose from 1–3 bedroom apartments or 3–5 bedroom duplexes, all fully furnished with premium finishes, generous layouts, and large terraces. Some duplexes include private pools, and many homes enjoy panoramic views of the Arabian Gulf, Burj Khalifa, and Burj Al Arab.
Think of it as your own resort on the Palm and your strongest asset in Dubai.
Nakheel Mall - 3 minutes
Dubai Marina - 13 minutes
Burj Khalifa - 20 minutes
West Beach & Atlantis - 5 minutes
Mall of the Emirates - 19 minutes
Dubai International Airport - 25 minutes
Project Details
Starting Price
AED 3.2M
Handover
Q4 2027
Payment Plan
50% on handover
Area
851 - 2,260 sq ft
Property Type
Apartments, Duplexes
Bedrooms
1-5 BR
Developer
Gulf House Real Estate Development
Location
Palm Jumeirah
Signature Features & Resort-Style Amenities
Marble finishes, soft tones, and large terraces with Arabian Gulf views. Select duplexes offer private infinity pools.
- Indoor & rooftop pools
- Private spa
- Valet parking
- Fitness center
- Business center
- Cigar lounge
- Mini-golf course
- Children’s play area
- BBQ spaces
- 24/7 security services
Property Types
Apartments start at 851 sq ft, while duplexes offer layouts from 2,260 sq ft.
Property Type
Living Area
Starting Price
1-BR apartments
965 sq ft
AED 3.2M
2-BR apartments
1,599 sq ft
AED 5.7M
3-BR apartments
2,281 sq ft
AED 8M
3-BR duplexes
2,981 sq ft
AED 11M
4-BR duplexes
3,957 sq ft
AED 14.3M
5-BR duplexes
4,149 sq ft
AED 20.2M
50/50 Payment plan
Pay 50% during construction, 50% on handover, with a 10% booking fee. Fully furnished options guarantee quick move-in or rental income.
10%
On Booking
40%
On Construction
50%
On Handover
Q4 2027
Investment Potential
The Palm’s limited launches make Olaia Residences a smart play for long-term wealth.
As of Q2 2025:
- 1-bedroom units earn approx. AED 164K/year (USD 44K)
- Overall average rental income is AED 361K/year (USD 92K)
- Palm Jumeirah ROI averages 5%
- Property purchase qualifies for a 10-year UAE Golden Visa
Flexible Financing Options
Buying an off-plan property or a ready-to-move-in home? Maximize your buying power with competitive mortgage options tailored to your needs.
- Secure a mortgage during construction to maximize leverage
- Combine developer payment plans with tailored bank financing
- Get pre-approved in as little as 3 days
- Conventional and Sharia-compliant financing available
- No hidden fees or added costs
Gallery
Exteriors
Interiors
Living on Palm Jumeirah
Palm Jumeirah is one of Dubai’s most iconic destinations, known for its luxurious lifestyle, waterfront views, and world-class attractions — a globally recognized symbol of prestige and coastal living. It is home to over 18,000 residences, attracts more than 3 million visitors annually, and has seen average property price growth of over 20% year-on-year.
Living in Palm Jumeirah
Palm Jumeirah is one of Dubai’s most iconic destinations, known for its luxurious lifestyle, waterfront views, and world-class attractions — a globally recognized symbol of prestige and coastal living. It is home to over 18,000 residences, attracts more than 3 million visitors annually, and has seen average property price growth of over 20% year-on-year.
Vibrant Coastal Attractions
Live surrounded by Dubai’s finest:
- Waterfront dining and luxury resorts
- Beaches, water sports & wellness retreats
- Strolls along JBR Walk or Bluewaters Island
- Nakheel Mall, Madinat Jumeirah & Atlantis The Royal
Premier Healthcare
Premium care just minutes away:
- Emirates Hospital Jumeirah
- Montreal International Clinic
- Micris Dental Clinic
- Dubai Physiotherapy & Family Clinic
Top-Tier Education
Ideal for families – near top schools
- On-site: Jumeira Baccalaureate School (IB Curriculum)
- Nearby: Redwood Montessori, Blossom Nursery, American School of Dubai, Dubai International Academy
About the Developer
Gulf House Real Estate Development
Gulf House Real Estate Development LLC is known for crafting elegant living spaces in Dubai’s most prestigious neighborhoods, blending signature style with meticulous detail to deliver timeless luxury. With over 15 years of experience and more than 500 premium properties delivered, Gulf House has established a strong reputation among discerning buyers.
Frequently Asked Questions
Where is Olaia Residences located?
Olaia Residences is located on the trunk of Palm Jumeirah, directly next to Nakheel Mall and Al Ittihad Park. It is just a 2-minute walk to the beach, offering easy access to key destinations on the Palm.
Who is the developer of Olaia Residences?
The projetc is developed by Gulf House Real Estate Development, a well-established developer recognized for creating high-quality residential projects in Dubai’s prime locations.
What types of properties are available at Olaia Residences?
The project offers 1-3 bedroom apartments and 3-5 bedroom duplexes. Many of the duplex units feature private pools, and some offer spectacular sea views.
What’s the starting price for homes at Olaia Residences?
The starting price for apartments is AED 3.2M (approx. USD 871K).
What payment plan does Olaia Residences offer?
Gulf House Real Estate Development offers a payment plan with 10% booking, 40% during construction, and 50% upon handover.
When will Olaia Residences be completed?
Handover is expected in Q4 2027.
Is Olaia Residences a good investment?
Olaia Residences presents a strong investment opportunity due to its prime location on Palm Jumeirah. The value of units is expected to appreciate over time as new developments in the area are limited and demand for properties remains high. The project also offers attractive rental yields, allowing for potential returns of up to 5%.
Are foreign investors allowed to buy property in Olaia Residences?
Yes, Olaia Residences offers 100% freehold ownership for both local and international buyers. Foreign investors can purchase property in the development with full control and flexibility, allowing them to sell, lease, or occupy the residence.
What visa options are available with an investment in Olaia Residences?
A real estate investment of AED 750,000 (approx. USD 204,000) or more qualifies for a 2-year UAE residency visa. For investments of AED 2 million (approx. USD 545,000) or more, you can apply for the 10-year Golden Visa, which allows you to sponsor your spouse, children, and domestic staff for long-term residency.
What amenities are available at Olaia Residences?
The project offers a range of luxury amenities, including rooftop infinity pools with stunning views of the Arabian Gulf, a private spa with a hammam and massage rooms, and a state-of-the-art fitness center. Residents can enjoy a cigar lounge, mini-golf course, BBQ areas, and a children’s play zone. The development also features 24/7 concierge services, valet parking, and direct access to a private beach.
Are schools near Olaia Residences?
| Yes, Olaia Residences offers on-site access to the Jumeira Baccalaureate School (IB Curriculum), with the American School of Dubai and Dubai International Academy also nearby. |
How is the transport connectivity around Olaia Residences?
The project offers easy access to major routes, including Sheikh Zayed Road, connecting to key areas like Dubai Marina, Downtown Dubai, and Dubai International Airport. Nakheel Mall is just 2–3 minutes away, and DXB Airport is about a 25-minute drive.
Is Olaia Residences a good choice for families?
Absolutely. The development offers spacious layouts and an on-site school, making it ideal for family living. It also features a range of family-friendly amenities, including a children’s play area, mini-golf course, and BBQ zones, as well as easy access to nearby beaches, parks, and recreational facilities.
What are the benefits of living in Palm Jumeirah?
Living on Palm Jumeirah offers a unique and luxurious lifestyle with stunning waterfront views, private beaches, and exclusive access to high-end resorts and dining. The area is home to some of Dubai's most iconic landmarks and offers easy access to major business and leisure hubs. Residents enjoy exceptional privacy, world-class amenities, and a prime location that combines tranquility with proximity to the vibrant city life, making it one of the most sought-after addresses in Dubai.
Still curious? Ask us!
If you have any questions, our team of specialists is ready to assist you and provide detailed advice to help with your property decisions
DLD Verified
RERA Information
This project has been verified in partnership with the Dubai Land Department's (DLD) Real Estate Regulatory Agency (RERA)
Disclaimer: We are a real estate agency and not the property developer. All information, including project details, prices, and availability, is subject to change and is provided for informational purposes only. The information displayed is based on data supplied by the developers. When you buy a property through our agency, you will purchase directly from the developer at the official developer price. Our service to you is free of charge, as we are compensated directly by the developers. We strive to ensure accuracy, but for the most up-to-date and reliable details, please contact us directly.
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