Developer: Gulf House Development · Palm Jumeirah

Olaia Residences

Olaia Residences is a residential project by Gulf House Development in Palm Jumeirah, Dubai, with prices from AED 3 200 000, handover Q4 2027, construction 14.3% complete per the DLD registry, 149 units.

Price fromAED 3 200 000
HandoverQ4 2027
Construction14.3%
Units149

Layouts and sizes

TypeSize, sq.ftFrom, AED
1 BR Apartment8513 200 000
2 BR Apartment1 5585 600 000
3 BR Apartment2 1638 000 000
3 BR Duplex2 26011 000 000
4 BR Duplex2 99914 300 000
5 BR Duplex4 12520 200 000

Payment plan 50/50

The purchase price is split into these stages.

110%Down payment
240%During construction
350%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Construction progress

14.31%
  • StatusActive
  • Construction started2023-08-08
  • HandoverQ4 2027
  • Status date21.07.2026
  • Escrow bankFirst Abu Dhabi Bank
  • DLD project number3519

Data from the Dubai Land Department project registry (updated 23.08.2026 09:55).

Construction progress 25
21 July 2026 14.31%
Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 1 of 8Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 2 of 8Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 3 of 8Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 4 of 8Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 5 of 8Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 6 of 8Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 7 of 8Olaia Residences, Palm Jumeirah construction progress — 21 July 2026, 14.31% complete, photo 8 of 8

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
25.02.20261 BR103.94 759 682
24.02.20263 BR201.08 503 978
16.02.20262 BR152.26 597 672
13.02.20261 BR104.54 670 619
02.02.20261 BR83.83 426 422
25.12.20253 BR201.07 884 122
24.12.20252 BR152.26 797 087
24.12.20252 BR152.36 218 209
01.12.20252 BR152.76 741 936
01.12.20252 BR152.06 643 532
04.09.20255 B/R400.121 712 896
12.08.20252 BR149.46 210 673
30.07.20253 BR276.913 413 825
28.07.20253 BR203.68 263 312
22.07.20253 BR209.911 071 844
22.07.20254 BR283.014 619 648
22.07.20254 BR278.614 392 800
16.07.20253 BR201.08 743 756
15.07.20251 BR103.94 503 598
08.07.20252 BR152.86 508 800

Dubai Land Department transaction registry, updated 2026-08-22. Explore Dubai property transactions →

Registered transactions in Olaia Residences

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

38deals since 2022
43 354AED per m², median
5%resale, the rest bought from the developer
+1%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +2% over the same period, so the building matched it.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom1044 759 68245 7668
2 bedrooms1526 508 80042 82111
3 bedrooms2048 743 75642 86214

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Amenities

  • 24/7 security
  • Concierge services
  • Private ballroom
  • Cigar lounge
  • Business center
  • Mini golf
  • Valet parking
  • Kids’ area
  • BBQ space
  • Rooftop lounge
  • Fitness center
  • Indoor rooftop pool
  • Outdoor rooftop pool
  • Yoga rooftop area
  • Steam room
  • Sauna
  • Cold plunge pool
  • Massage rooms

What is nearby

  • Ain Dubai16 мин
  • Burj Khalifa20 мин
  • Dubai International Airport25 мин
  • Dubai Marina13 мин
  • Mall of the Emirates19 мин
  • Sheikh Zayed Road10 мин
Olaia Residences

About the project

Olaia Residences is a 149-home residential project by Gulf House Development on the trunk of Palm Jumeirah, directly opposite Fairmont The Palm and on Etihad Park. The single-building development comprises apartments and duplexes across 2 basement levels, a ground floor, 10 floors and a roof level. It is active, with a reported completion ratio of 14.31%, and handover is scheduled for Q4 2027.

The project

Olaia Residences is arranged as one residential building with 2 basement levels, a ground floor, 10 upper floors and a roof level. The project contains 149 units. Its Palm Jumeirah position is on the trunk, directly opposite Fairmont The Palm and alongside Etihad Park. The homes include apartments and duplexes, with furnished options available. The development combines residential accommodation with a collection of shared facilities that includes indoor and outdoor rooftop pools, a rooftop lounge, a fitness centre, a business centre and wellness areas. Gulf House Development was founded in 2023 and is the developer of Olaia Residences.

Apartments and duplexes

The residence selection begins with one-bedroom apartments from 851 sq ft, priced from AED 3.2 million. Two-bedroom apartments start from 1,558 sq ft and AED 5.6 million, while three-bedroom apartments start from 2,163 sq ft and AED 8 million. For buyers seeking duplex accommodation, three-bedroom duplexes start from 2,260 sq ft and AED 11 million. Four-bedroom duplexes start from 2,999 sq ft and AED 14.3 million. The largest listed type is the five-bedroom duplex, starting from 4,125 sq ft and AED 20.2 million. Across the project, the available bedroom range extends from one to five bedrooms.

Rooftop, leisure and wellness facilities

The rooftop amenity provision includes both an indoor rooftop pool and an outdoor rooftop pool, together with a rooftop lounge and a yoga rooftop area. Additional wellness facilities include a fitness centre, steam room, sauna, cold plunge pool and massage rooms. Residents also have access to mini golf, a private ballroom, a cigar lounge, a business centre and a BBQ space. The project includes a kids’ area, as well as concierge services, 24/7 security and valet parking. A meeting room, spa, gym and BBQ area are also included among the listed facilities. The amenity programme combines leisure, work, hosting and fitness spaces within the building.

Palm Jumeirah setting and nearby destinations

Olaia Residences occupies a Palm Jumeirah trunk location opposite Fairmont The Palm, on Etihad Park. Nakheel Mall is listed at three minutes, while West Beach is listed at five minutes and Dubai Marina at 10 minutes. Atlantis The Royal and Atlantis The Palm are listed at 15 minutes. Burj Khalifa and Dubai Mall are listed at 22.5 minutes, DIFC at 25 minutes, Dubai International Airport at 30 minutes and Al Maktoum International Airport at 35 minutes. The View at The Palm is 0.6 km away, and Vox Cinemas at Nakheel Mall is 0.7 km away. Sufouh Beach is 2.6 km away, Marina Walk is 2.8 km away and Emirates Golf Club is 3.3 km away.

Payment and handover

Olaia Residences is offered with a 50/50 payment plan and a 10% down payment on booking. The project’s handover is scheduled for Q4 2027, with a completion date of 31 December 2027. Construction began on 8 August 2023. The project is active and has a reported completion ratio of 14.31%. The stated starting price is AED 3.2 million, corresponding with the listed one-bedroom apartment entry price. Buyers can select from apartment types with one, two or three bedrooms, or duplexes with three, four or five bedrooms.

Gulf House Development

Gulf House Development is the developer of Olaia Residences. Founded in 2023, the company is developing the project on Palm Jumeirah. Olaia Residences is planned as a single building containing 149 homes. The project’s accommodation is divided between apartments and duplexes, with one- to three-bedroom apartment layouts and three- to five-bedroom duplex layouts. Its shared facilities include concierge services, 24/7 security, valet parking, rooftop pools, a fitness centre, a business centre, a private ballroom, a cigar lounge, mini golf, a kids’ area and spa facilities. Completion is scheduled for Q4 2027.

Frequent questions

Who is the developer of Olaia Residences?
Olaia Residences is developed by Gulf House Development, founded in 2023.
Where is Olaia Residences located?
Olaia Residences is located on the trunk of Palm Jumeirah, directly opposite Fairmont The Palm and on Etihad Park.
What types of homes are available at Olaia Residences?
The project offers one-, two- and three-bedroom apartments, plus three-, four- and five-bedroom duplexes.
What is the starting price at Olaia Residences?
Prices start from AED 3.2 million for a one-bedroom apartment from 851 sq ft.
When is Olaia Residences due for handover?
Handover is scheduled for Q4 2027. The stated completion date is 31 December 2027.
What is the payment plan for Olaia Residences?
The project has a 50/50 payment plan with a 10% down payment on booking.
What is the construction status of Olaia Residences?
The project is active and has a reported completion ratio of 14.31%.
What amenities are planned at Olaia Residences?
Amenities include indoor and outdoor rooftop pools, a fitness centre, spa facilities, mini golf, a business centre, a private ballroom, a cigar lounge and a kids’ area.
What is near Olaia Residences?
Nakheel Mall is listed at three minutes, West Beach at five minutes and Dubai Marina at 10 minutes. The View at The Palm is 0.6 km away.
How can I buy an apartment in Olaia Residences?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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