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Olaia Residences

Palm Jumeirah , Dubai

AED 3,200,000
≈ AED 3,200,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress5%
Bedrooms
1
Size
679 sqft
Price/Sqft
AED 4,713

Description

Olaia Residences is the debut signature development launched by Gulf House Real Estate on Palm Jumeirah. It will be designed to deliver a high-end waterfront lifestyle, offering panoramic views of the Arabian Gulf and Dubai skyline, along with private beach access.

The project will feature a selection of 1 to 3-bedroom apartments and 3 to 5-bedroom duplexes. Residents will enjoy premium amenities, including rooftop indoor and outdoor swimming pools, a wellness centre, a mini-golf course, 24-hour security, and concierge services. The development will benefit from its proximity to The Palm Monorail, which connects residents to key destinations such as the Golden Mile Galleria, Atlantis Aquaventure and other major attractions across The Palm.

Amenities & Features

Gym or Health Club
Swimming Pool
Kids Play Area

Property Details

Property TypeApartment
ProjectOlaia Residences
CommunityPalm Jumeirah
CompletionOff-Plan - Q4 2027
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 3,200,000
DLD Fee (4%)AED 128,000
Trustee FeeAED 4,200
Agency (2%)AED 64,000
Total InvestmentAED 3,396,200

Expected Annual Returns

Expected Annual RentAED 259,200
Service Charges (Est)-AED 10,185
Net Annual IncomeAED 249,015
Net Annual ROI7.3% (after expenses)
Payback Period13.6 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa16.4 km
Dubai Mall16.8 km
Dubai Airport (DXB)27.5 km
Mall of the Emirates5.8 km
Dubai Marina3.3 km