Project
Olaia Residences
Olaia Residences is a 12-storey residential building under development on Palm Jumeirah, Dubai. An off-plan project of apartments in Palm Jumeirah, priced above the Palm Jumeirah median.
Small sample (5 sales): medians may move significantly with new data.
01 / Transactions
All Olaia Residences transactions
02 / About
About Olaia Residences
Olaia Residences is a 12-storey residential building under development on Palm Jumeirah, Dubai.
Olaia Residences at a glance
- Area
- Palm Jumeirah
- Developer
- Gulf House Real Estate Development
- Unit layouts
- Olaia Residences will comprise a mix of one- , two- , and three-bedroom apartments as well as duplexes
- Architect
- The architectural consultant is Em Square Engineering Consultants
- Contractor
- The main building work is being done by Ashiyana Contracting and the foundation work is being carried out by Delta Foundations Company
- Structure
- The substructure contains two basement levels which are used for parking
Homes, design and facilities
Payment plan: The project was launched with an installment plan allowing investors to pay 10% as a deposit on booking, 40% during the construction phase, and 50% upon handover of the property. Down payment 10% Construction 40% Handover 50%.
- Amenities will include a business centre
- a gymnasium
- landscaped gardens
- a miniature golf course
- private pools
- spas
- a sundeck
- sunken seating
- a swimming pool
- and yoga and meditation areas
Getting around
- Dubai Mall
- 19 min
- Palm Jumeirah
- 3 min
- Burj Al Arab
- 14 min
- The Walk JBR
- 14 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
The estimated handover date is December 2027.
- Estimated Start
- August 2023
- Estimated Completion
- December 2027
Nearby neighbourhoods
- Emaar Beachfront1.2 km
- Dubai Media City2.1 km
- The Greens3.3 km
- Acacia Avenues3.4 km
Olaia Residences recorded 5 market sales from 30 Jan 2026 – 24 Feb 2026, at a median price of AED 4,759,682 (AED 4,028/sqft). Olaia Residences's median price per sqft (AED 4,028/sqft) is 18% above the Palm Jumeirah median (AED 3,425/sqft).
03 / Prices
Olaia Residences prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
1 bedroom | 3 | 4.67M AED | 4,152 | |
2 bedrooms | 1 | 6.6M AED | 4,028 | |
3 bedrooms | 1 | 8.5M AED | 3,931 |
Market pulse / daily
Olaia Residences price history
Daily median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| 30 Jan 2026Total AED 3,426,422 | 1 | AED 3,426,422 | AED 3,800/sqft |
| 12 Feb 2026Total AED 4,670,619 | 1 | AED 4,670,619 | AED 4,152/sqft |
| 13 Feb 2026Total AED 6,597,672 | 1 | AED 6,597,672 | AED 4,028/sqft |
| 24 Feb 2026Total AED 13,263,660 | 2 | AED 6,631,830 | AED 4,093/sqft |
04 / Nearby
Other projects in Palm Jumeirah
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 155 | 9.81M AED | 6,240 | ||
| 47 | 4.18M AED | 2,219 | ||
| 41 | 1.48M AED | 3,286 | ||
| 38 | 10.68M AED | 4,511 | ||
| 33 | 3.7M AED | 1,942 | ||
| 26 | 2.6M AED | 2,330 | ||
| 26 | 2.46M AED | 4,340 | ||
| 22 | 5.28M AED | 2,507 | ||
| 17 | 4.5M AED | 3,395 | ||
| 16 | 76.85K AED | 140 |
A registered project can include several buildings or phases, so these figures cover the whole project.