Olaia Residences

Set on Palm Jumeirah, Olaia Residences is an ultra-exclusive complex from developer Gulf House Real Estate Development, presented by the Metropolitan Premium Properties agency. The building comprises two underground floors, a ground floor and ten residential floors, delivering a boutique waterfront address on one of the world's most recognisable islands.

Residences and Specifications

The complex features state-of-the-art architecture and offers a prestigious collection of elegant 1 to 3-bedroom apartments and spacious 3 to 5-bedroom duplexes, each with spectacular views of the sea and Dubai's iconic skyline. Residences range from 1,118.26 sq ft to 4,124.62 sq ft. The homes feature first-class finishes and state-of-the-art kitchens equipped with Miele appliances in the apartments and Gaggenau in the duplexes, seamlessly combining modern design with exceptional craftsmanship. The building configuration is 2B+G+10.

Amenities and Wellness

The complex is well thought out, offering a full range of wellness facilities, including swimming pools, a spa, a fitness centre, a sauna and dedicated yoga facilities, creating a resort-style living experience within a private, low-density setting. With only ten residential floors above two underground levels and a ground floor, the building keeps the number of homes deliberately limited, reinforcing a sense of exclusivity and calm for its residents. The wellness offering is designed to bring everyday relaxation and fitness within easy reach without leaving the building.

Location and Connectivity

The beach is just a 2-minute walk away. The location is conveniently placed just 10 minutes from Dubai Marina, with DIFC (Dubai International Financial Centre) 20 minutes away and Dubai International Airport (DXB) a 30-minute drive. Palm Jumeirah itself offers private beaches, the Palm Jumeirah Boardwalk, Palm West Beach, Nakheel Mall and a wealth of elite dining and entertainment. The island's mix of resorts, restaurants and waterfront attractions, all linked by highways and a central monorail, makes it one of Dubai's most sought-after addresses for those seeking a comfortable and luxurious life by the sea.

Pricing and Investment

Prices at Olaia Residences range from AED 3,752,067 to AED 20,210,638, with the property offered on a freehold basis for full ownership. Because qualifying residences are priced well above AED 2,000,000, eligible buyers may also apply for the UAE Golden Visa, adding long-term residency to the appeal of ownership. The project is offered with a payment plan featuring no post-handover instalments. Given the popularity and developed infrastructure of Palm Jumeirah, investors have historically been able to count on stable returns in the region of 5 to 10 per cent per year.

Buyers should budget for the standard 4% DLD (Dubai Land Department) fee payable on registration. With branded kitchens, sea and skyline views, resort-style wellness facilities and a beachfront Palm Jumeirah setting, Olaia Residences is a distinguished choice for both end-users and investors. To request pricing, floor plans and availability, contact the team at offplans.com.