About Olaia Residences
Olaia Residences is a residential building by Gulf House Real Estate Development, in Palm Jumeirah, Dubai. It rises 11 storeys (2 basement levels, a ground floor and 10 floors), built as a concrete structure with internal and external finishes. The project comprises 149 homes.
Key information
Developer
Gulf House Real Estate Development
- Expected handover
- TBC
- Status
- Under construction
- Location
- Palm Jumeirah, Dubai
- Master project
- Palm Jumeirah
- Construction started
- 2023
- Number of buildings
- 1
- Number of units
- 149
- Registered with DLD
- 02 Apr 2025
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 1011226181330002
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Under construction14% complete
- Expected handoverTBC
Construction progress
25 inspection photos from the Dubai Land Department. Latest 21 Jul 2026 at 14% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
6 Elevators
14 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
36
Median price
AED 6.8M
Median price / sqft
AED 4K-3%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 8 | 1,060 sqft | AED 4.4M | AED 4K |
| 2 Bed | 11 | 1,629 sqft | AED 6.4M | AED 4K |
| 3 Bed | 14 | 2,265 sqft | AED 9.5M | AED 4K |
| 4 Bed | 2 | 3,022 sqft | AED 14.5M | AED 5K |
| 5 Bed | 1 | 4,306 sqft | AED 21.7M | AED 5K |
Price per sqft by year
-3% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 25 Feb 2026 | Off-plan | 1,118 sqft | AED 4.8M | AED 4K |
| 24 Feb 2026 | Off-plan | 2,164 sqft | AED 8.5M | AED 4K |
| 16 Feb 2026 | Off-plan | 1,638 sqft | AED 6.6M | AED 4K |
| 13 Feb 2026 | Off-plan | 1,125 sqft | AED 4.7M | AED 4K |
| 02 Feb 2026 | Off-plan | 902 sqft | AED 3.4M | AED 4K |
| 25 Dec 2025 | Off-plan | 2,163 sqft | AED 7.9M | AED 4K |
| 24 Dec 2025 | Off-plan | 1,638 sqft | AED 6.8M | AED 4K |
| 24 Dec 2025 | Off-plan | 1,639 sqft | AED 6.2M | AED 4K |
Unit mix
149 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 1 | - |
| 1 B/R | 34 | 679 - 1,137 sqft |
| 2 B/R | 56 | 1,558 - 1,762 sqft |
| 3 B/R | 47 | 2,163 - 3,007 sqft |
| 4 B/R | 9 | 2,984 - 4,410 sqft |
| 5 B/R | 2 | 4,125 - 4,306 sqft |
Payment plan
Payment plans are set by Gulf House and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Jumeirah, Dubai.
Olaia Residences
Dubai, United Arab Emirates
Frequently asked questions
Olaia Residences has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 14% complete.