Olaia Residences by Gulf House Real Estate Development, developer's renderOff-plan · Freehold
Palm Jumeirah · Dubai

Olaia Residences

by Gulf House Real Estate Development · handover Q4 2027

AED 4.22Mstarting price today
AED 4,045registered per sq ft
10sales in 12 months
149units
Q4 2027Planned handover
Gulf House Real Estate DevelopmentDeveloper
149Units registered
1.5% builtConstruction
FreeholdOwnership
3519DLD project number
About the project

Olaia Residences, in plain numbers.

Olaia Residences is an off-plan residential project by Gulf House Real Estate Development in Palm Jumeirah, Dubai. It is registered with the Dubai Land Department as project 3519, a 2b+g+10+roof scheme, with works dated from August 2023 and 1.5% built at the last inspection. Handover is planned for Q4 2027. 149 units are registered, mostly 2-bedroom homes of about 1,615 sq ft and 3-bedroom homes of about 2,400 sq ft. The register shows 37 sales since December 2025, 10 of them in the last twelve months, at a median of AED 4,045 per sq ft.

Our view
  • 24% above ready resales in Palm Jumeirah per sq ft
  • 10 registered sales in 12 months
  • Keys in 2027

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Olaia Residences.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ft
1 bedroom341,087 sq ft8AED 4,715,1514,204
2 bedrooms561,615 sq ft11AED 6,508,8003,957
3 bedrooms472,400 sq ft14AED 8,721,5783,977
4 bedrooms93,595 sq ft———
5 bedrooms24,219 sq ft———

Matched to the Land Department project Olaia (project no. 3519).

Payment plan

How you pay.

The developer's payment plan is in the brochure pack.

Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.

Send me the payment plan
From the Land Department register

What Olaia Residences actually sells for.

Registered sale prices, not the developer's list prices.

AED 4,045median per sq ft, last 12 months
10sales registered in 12 months
37sales registered in total, since December 2025
+24%against ready homes in Palm Jumeirah (AED 3,250 per sq ft)
3,6003,8004,0004,2004,400 2025 Q3: AED 4,034 per sq ft, 26 sales2025 Q4: AED 4,061 per sq ft, 5 sales2026 Q1: AED 4,028 per sq ft, 5 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 000265500 sales
3,6003,8004,0004,2004,400 2025 Q3: AED 4,034 per sq ft, 26 sales2025 Q4: AED 4,061 per sq ft, 5 sales2026 Q1: AED 4,028 per sq ft, 5 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 000265500 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
25 Feb 20261 B/R1,118AED 4,759,6824,256Off-plan
24 Feb 20263 B/R2,164AED 8,503,9783,931Off-plan
16 Feb 20262 B/R1,638AED 6,597,6724,028Off-plan
13 Feb 20261 B/R1,125AED 4,670,6194,152Off-plan
2 Feb 20261 B/R902AED 3,426,4223,800Off-plan
25 Dec 20253 B/R2,163AED 7,884,1223,645Off-plan
24 Dec 20252 B/R1,639AED 6,218,2093,794Off-plan
24 Dec 20252 B/R1,638AED 6,797,0874,149Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Palm Jumeirah, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Olaia Residences handed over?

The developer plans handover for Q4 2027; the Land Department recorded the project at 1.5% built. Launch dates can move, and we track the registered progress for you.

Who is the developer of Olaia Residences?

Gulf House Real Estate Development (registered as Gulf House Real Estate Development L.L.C). The project is registered with the Dubai Land Department as number 3519.

What is the payment plan for Olaia Residences?

The developer shares the current plan with the price list; message us and we send both, usually the same day.

What is the price per square foot in Olaia Residences?

Registered sales over the last 12 months have a median of AED 4,045 per sq ft, against about AED 3,250 for ready homes in Palm Jumeirah.

Can foreigners buy in Olaia Residences?

Yes. Olaia Residences is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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From AED 4.22MGulf House Real Estate Development · Q4 2027