Under constructionApartment, Duplex

Palm Jumeirah · Dubai

Olaia Residences

by Gulf House Development

© Gulf House Development
60of 100
From
AED 3.2M
≈ $871K
Handover
Q4 2027
Homes
1 bed to 5 bed
679 – 4,409 sqft
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Price per sqft vs registered sales

Dubai Land Department open data

AED 3,597/sqft (est.)

The DLD median for apartments in Palm Jumeirah is AED 5,694/sqft (as of 25 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.

How the 60 was scored

5 of 7 factors · 85% of the weight · 25 Sep 2026
  • Price against what buyers actually paidAssessed · weight 25
  • Developer track recordAssessed · weight 20
  • Payment planAssessed · weight 15
  • Location and infrastructureAssessed · weight 15
  • How easy it is to sell laterAssessed · weight 10
  • Construction on scheduleNot assessed · weight 10
  • The basics on fileNot assessed · weight 5
Confidence: lowThe price figure is our estimate from the starting price and the smallest home, not a registered or stated price.

77 → 60 25 Sep 2026, developer record factorScored since 24 Sep 2026 · 1 change

Capped at 60: a project scores at most 15 above its developer's rating of 45. The factors alone give 69.

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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Projects covered
1,740
projects covered
Factors
7
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q4 2027

Under construction

What this means

Olaia Residences is due to hand over in Q4 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

Payment plan

10/40/50

Down payment
10%
During construction
40%
On handover
50%

What you’d pay and when

On the starting price of AED 3,200,000, as the plan splits it.

  1. 10% at bookingAED 320,000≈ $87.1K
  2. 40% during construction, until handover (Q4 2027)AED 1,280,000≈ $349K
  3. 50% on handover (Q4 2027)AED 1,600,000≈ $436K

A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.

Unit types

from AED 3.2M

1 bed

679 – 1,136 sqft

2 bed

1,557 – 1,762 sqft

3 bed

2,163 – 2,999 sqft

4 bed

2,983 – 4,409 sqft

5 bed

from 4,148 sqft

Apartment, Duplex · Freehold

Full table
TypeBedroomsSize (sqft)PricePer sqft
Apartment1 bed679 – 1,136AED 3.2MAED 4,713
Apartment2 bed1,557 – 1,762AED 5.6MAED 3,597
Apartment3 bed2,163 – 2,322AED 8MAED 3,699
Duplex3 bed2,259 – 2,999AED 11MAED 4,869
Duplex4 bed2,983 – 4,409AED 14.3MAED 4,794
Duplex5 bedfrom 4,148AED 20.2MAED 4,872

DLD registration status

  • Project registrationNot published yet
  • Escrow accountNot published yet
  • Developer licenceNot published yet
Where the figures come from, and what escrow means

We do not yet hold a DLD project registration number for Olaia Residences. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.

Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/gulf-house-development/solaia-residences), read 2026-09-24; found in the Dubai web sweep; 5 off-plan sales registered with the DLD in 2026 under "Olaia Residences". Launch date from Property Finder's sales start date.

About

Olaia Residences is Gulf House's apartment tower in Palm Jumeirah, Dubai, with one to three-bedroom apartments from about 679 to 2,322 sq ft and three to five-bedroom duplexes from about 2,259 to 4,409 sq ft.

Read more

Prices start at AED 3,200,000 on a 10% booking, 40% during construction and 50% on handover plan, with handover listed for the fourth quarter of 2027.

The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

  • Gulf House apartment tower in Palm Jumeirah
  • One to three-bedroom apartments from 679 sq ft and duplexes
  • 10/40/50 payment plan
  • Handover Q4 2027
Developer
Gulf House Development
Area
Palm Jumeirah
Status
Under construction
Sales launch
8 Aug 2023
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area
Open in the map

Palm Jumeirah · Dubai

Man-made palm-shaped island with beachfront apartments, villas and branded residences.

Olaia Residences: questions buyers ask

How much does Olaia Residences cost?

Prices at Olaia Residences start from AED 3,200,000 and reach AED 20,210,652 (about $871K) for 1-bedroom, 2-bedroom, 3-bedroom, 4-bedroom and 5-bedroom homes. Asking prices come from the developer and change without notice.

What is the price per sqft at Olaia Residences?

The asking price is around AED 3,597 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.

When is the Olaia Residences handover date?

Olaia Residences is expected to hand over in Q4 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.

What is the Olaia Residences payment plan?

Olaia Residences is offered on a 10/40/50 plan: 10% on booking, 40% during construction and 50% at handover. Developers change plans between phases, so confirm yours before signing.

What is the Rendr Score of Olaia Residences?

Olaia Residences scores 60 of 100 on the Rendr Score, fair, as of 25 Sep 2026. The score weighs seven factors: the price against what buyers paid in Palm Jumeirah according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.

Who is the developer of Olaia Residences?

Olaia Residences is being developed by Gulf House Development. It sits in Palm Jumeirah, Dubai. You can see every project by Gulf House Development we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at Olaia Residences?

Olaia Residences is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.

Is Olaia Residences registered with DLD?

We do not yet hold a project registration number for Olaia Residences. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.

Changes

Listed 25 Sep 2026
  1. Listed on the site

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/gulf-house-development/solaia-residences), read 2026-09-24; found in the Dubai web sweep; 5 off-plan sales registered with the DLD in 2026 under "Olaia Residences"

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