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Ola Residences

Ola Residences, Al Marjan Island, Ras Al Khaimah by Lacasa Living Handover Q1 2027

Ola Residences is an off-plan apartments development by Lacasa Living in Al Marjan Island, Ras Al Khaimah, with homes from AED 1,180,000 on a 40/60 payment plan and handover expected in Q1 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 1,180,000

Overview

Apartments in Al Marjan Island.

Ola Residences at Al Marjan Island is the latest residential epitome of sophistication and coastal luxury by Lacasa Living with premium apartments in Ras Al Khaimah. This established project presents redefined concept of premium living with its smart residences, modern architectural finesse and amenities. Located on the emerald gem of the Arabian Gulf, the residences represent viable address for anyone looking for a comfortable lifestyle, along with convenience and an elevated living.

The moment you step into the façade, you get captured by the inseparable elegance and functionality. The apartments are known for their spacious layouts, sleek interior, and large windows admit plenty of natural light while creating dramatic views out to the coastline. Designed to meet the needs of urban living, the project delivers tranquillity as well as convenience, allowing all the luxuries of city life in a manner that is also practical.

This is a sanctuary of life, where connectivity and community is valued. Lush landscaping, carefully crafted amenities, and amazing waterfront access make up its master planned design, offering a quiet atmosphere for rest and leisure. A sustainable lifestyle and purposeful details that enhance the everyday life of its dwellers are ensured by a harmonious living experience. This development takes a balance of both settings with a touch of exclusivity, letting you access the lifestyle that is fulfilling as it is luxurious.

Details

Key facts.

Developer
Lacasa Living
Starting price
AED 1,180,000
Status
Off-plan
Handover
Q1 2027
Property types
Apartment
Unit types
Studio – 1 BR
Payment plan
40/60
Golden Visa
Below AED 2M from-price

Amenities

Life in and around the building.

  • Children's Pool
  • Shared Gym
  • Security
  • Children's Play Area
  • Covered Parking
  • Shared Pool

Payment plan

40/60, paid in 3 steps.

40% before handover60% on handover
  1. 110%Down paymentOn booking
  2. 230%Construction instalmentsDuring construction
  3. 360%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking10%118,000
Construction instalmentsDuring construction30%354,000
Handover paymentOn handover60%708,000
Total100%1,180,000

*Worked example on the starting price of AED 1,180,000. 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
Studio
Unit typeSize (sq ft)
1 bedroom709

Location

In Al Marjan Island.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 1,180,000
Paid before handover
AED 472,000 (40%)
Due on handover
AED 708,000 (60%)
DLD registration (4%)
AED 47,200 verify
Golden Visa threshold
From-price is below AED 2M

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 Lacasa Living.

Projects on Sovereign
1
All projects by Lacasa Living
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Ola Residences?

Homes at Ola Residences start from AED 1,180,000 for studios. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Ola Residences?

Lacasa Living offers a 40/60 payment plan: 40% during construction and 60% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Ola Residences?

Handover is expected in Q1 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 Ola 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 Ola 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 Ola Residences?

Ola Residences is developed by Lacasa Living. See the developer page for their other projects in Ras Al Khaimah.

How do I get the floor plans and brochure for Ola Residences?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Ola Residences.

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