Arada
Armani Beach Residences
The Crescent, Palm Jumeirah, Dubai
From AED 21,500,000
- Payment plan60/40
- HandoverQ4 2026
- Units2–5 BR · Apartments, penthouses
- Home
- Off-plan projects
- Dubai
- Palm Jumeirah
- Olaia Residences
Off-plan
Golden Visa guidance
Olaia Residences
Olaia Residences is an off-plan apartments development by Gulf House Real Estate Development in Palm Jumeirah, Dubai, with homes from AED 3,752,067 on a 50/50 payment plan and handover expected in Q4 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Starting from
AED 3,752,067
Overview
Apartments in Palm Jumeirah.
Olaia Residences is a project on Palm Jumeirah, directly opposite the Fairmont The Palm hotel. This project from developer Gulf House Real Estate is a collection of 1-3 bedroom apartments and 3-5 bedroom duplexes. All properties at Olaia Residences provide panoramic views of the Arabian Gulf, Burj Khalifa, Burj Al Arab and Bluewaters Island.
Architecturally, Olaia Residences on Palm Jumeirah stands out for its futuristic yet harmonious design, fully integrated into the island's natural and urban landscape. The interiors of the apartments at Olaia Residences are designed using marble, natural textures and soft colour palettes.
A variety of amenities are available to owners of these apartments on Palm Jumeirah, including 24-hour security and concierge service, a business centre, miniature golf, fitness room, spa area, indoor and outdoor rooftop pools, yoga room, barbecue facilities, children's playground and lounges. A serviced car park is also provided.
Details
Key facts.
- Developer
- Gulf House Real Estate Development
- Area
- Palm Jumeirah, Dubai
- City
- Dubai
- Starting price
- AED 3,752,067
- Status
- Off-plan
- Handover
- Q4 2027
- Property types
- Apartment
- Unit types
- 1–5 BR
- Payment plan
- 50/50
- Golden Visa
- Priced from AED 2M
Gallery
Project photos.
Amenities
Life in and around the building.
- Children's Pool
- Shared Gym
- Balcony
- Security
- Children's Play Area
- Lobby in Building
- Shared Pool
- View of Water
- View of Landmark
Payment plan
50/50, paid in 3 steps.
50% before handover50% on handover
- 110%Down paymentOn booking
- 240%Construction instalmentsDuring construction
- 350%Handover paymentOn handover
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 10% | 375,207 |
| Construction instalments | 40% | 1,500,827 |
| Handover payment | 50% | 1,876,034 |
| Total | 100% | 3,752,067 |
*Worked example on the starting price of AED 3,752,067. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
Unit types & sizes.
| Unit type | Size (sq ft) |
|---|---|
| 1 bedroom | 851 |
| 1 bedroom | 1136 |
| Unit type | Size (sq ft) |
|---|---|
| 2 bedrooms | 1558 |
| 2 bedrooms | 1607 |
| Unit type | Size (sq ft) |
|---|---|
| 3 bedrooms | 2163 |
| 3 bedrooms | 2281 |
| Unit type | Size (sq ft) |
|---|---|
| 4 bedrooms | 2999 |
| 4 bedrooms | 3901 |
| Unit type | Size (sq ft) |
|---|---|
| 5 bedrooms | 4124 |
Location
In Palm Jumeirah.
Investment
The numbers, worked out.
- Entry price
- AED 3,752,067
- Paid before handover
- AED 1,876,034 (50%)
- Due on handover
- AED 1,876,034 (50%)
- DLD registration (4%)
- AED 150,083 verify
- Golden Visa threshold
- From-price is AED 2M or more
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer
About Gulf House Real Estate Development.
- Projects on Sovereign
- 1
- Broker (Sovereign Realty) ORN
- 46342
Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Questions about this project.
What is the starting amount at Olaia Residences?
Homes at Olaia Residences start from AED 3,752,067 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.
What is the payment plan for Olaia Residences?
Gulf House Real Estate Development offers a 50/50 payment plan: 50% during construction and 50% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
When is handover at Olaia Residences?
Handover is expected in Q4 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.
What fees sit on top of the payment plan at Olaia Residences?
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
Does Olaia Residences qualify for the UAE Golden Visa?
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Who is the developer of Olaia Residences?
Olaia Residences is developed by Gulf House Real Estate Development. See the developer page for their other projects in Dubai.
How do I get the floor plans and brochure for Olaia Residences?
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Olaia Residences.
Similar projects
You may also like.
Nakheel
Como Residences
Palm Jumeirah, Dubai
From AED 21,000,000
- Payment plan80/20
- HandoverQ3 2027
- Units2–7 BR · Apartments, penthouses, duplexes
Roya Lifestyle Developments
SLS Residences The Palm
Palm Jumeirah, Dubai
From AED 7,000,000
- Payment plan60/40
- HandoverQ4 2026
- Units2–4 BR · Penthouses, duplexes
OMNIYAT
ELA Residences Dorchester Collection
Palm Jumeirah, Dubai
From AED 888,000
- Payment plan60/40
- HandoverQ1 2028
- Units3 BR · Apartments, penthouses, duplexes
Swipe for more
Speak to us
Questions about
this project?
Ask about availability, the payment plan or resale rules.