Under constructionApartment, Duplex

Palm Jumeirah · Dubai

Olaia Residences

by Gulf House Development

© Gulf House Development
67of 100
Sold from10 sales, 12 months · DLD
AED 4.55M≈ $1.24M
Listed fromper propertyfinder.ae, 1 Oct 2026
AED 3.2M
Buyers paid vs DLD median
−28%
Price, payment plan and homes ↓
DLD sales register · 1 Oct 2026See the 10 registered sales at Olaia Residences: date, size and price paid. Plus all 8 factor scores and the score history. Free.Unlock free →

Price, payment plan and homes

Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026
Sold from
AED 4.55M
10 sales, 12 months · DLDListed from AED 3.2M
Bedrooms
1 bed to 5 bed
679 – 4,409 sqft · 149 units
Payment plan
10/40/50
AED 320K to book
Handover
Q4 2027
1% built per the DLD

Homes and floor plans

149 homes · Freehold

Pick a home: the plan and the forecast follow it.

  • Olaia Residences 1 bed apartment floor plan
  • Olaia Residences 2 bed apartment floor plan
  • Olaia Residences 3 bed apartment floor plan
  • Olaia Residences 3 bed duplex floor plan
  • Olaia Residences 4 bed duplex floor plan
  • Olaia Residences 5 bed duplex floor plan

Payment plan · 1-bed apartment

On AED 3.2M
  1. 10% at bookingAED 320K
  2. 40% during construction, until handover (Q4 2027)AED 1.28M
  3. 50% on handover (Q4 2027)AED 1.6M

Before the keys: AED 1.6M, 50% of the price.

Gulf House Development’s own file on propertyfinder.ae, checked 30 Sep 2026

Open in the map

Location · Palm Jumeirah · Dubai

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

Forecast

What the 1-bed apartment could be worth

The in-depth review

Why it scores 67

Price per sqft vs registered sales

Dubai Land Department open data · this project as of 1 Oct 2026, the area 10 Nov 2026

−28% below what buyers paid nearby

Buyers paid hereAED 4,045/sqft

10 off-plan sales, last 12 months

Palm Jumeirah median · apartmentsAED 5,604/sqft

Off-plan sales, last 6 months, 113 registered sales in the area · middle half AED 4,633 – AED 7,008

Asking now (est.)AED 4,753/sqft

Our estimate from the listed prices and unit sizes

See each of the 10 sales: date, size, price

Off-plan sales pace

0.4 a month

5 off-plan sales, last 12 months

How this is measured

Buyers paid a median of AED 4,045/sqft in this project (off-plan sales, last 12 months, 10 registered sales, as of 1 Oct 2026) against the DLD median of AED 5,604/sqft for apartments in Palm Jumeirah, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 4,753/sqft (est.). Source: Dubai Land Department open data.

How the 67 was scored

8 of 8 factors · 100% of the weight · 10 Nov 2026
Confidence: medium
How each factor was measured

Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.

Price against what buyers actually paid
10 registered off-plan sales here, against the median of 113 off-plan sales in Palm Jumeirah · DLD
Developer track record
Our rating
Payment plan
10% down · 40% during construction · 50% on handover
Location and infrastructure
Our rating of Palm Jumeirah, and 5 kinds of places measured from the pin · OpenStreetMap
How big the resale market is
556 resales of finished apartments in Palm Jumeirah this year · DLD
Construction on schedule
1% built on the DLD register, handover Q4 2027
How much is still being built nearby
843 homes sold in Palm Jumeirah this year, 34% off-plan · DLD
The basics on file
Registration or escrow number on file · DLD

Confidence medium: what buyers paid here is a median of 10 registered sales, against 113 in the area; 10 is a small sample for one project.

65 → 67 8 Oct 2026, price factorScored since 24 Sep 2026 · 3 score changes

Capped at 67: a project's weighted average sits at most 15 above its developer's track record of 45, so at 60, which is 67 on the Rendr scale. The factors alone give 73.

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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The full breakdown behind the 67

Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.

  • The 10 registered sales here: date, size and price paid
  • All 8 factor scores, with the figure and source behind each
  • Score history since 24 Sep 2026 and why each move happened
  • Rent, a mortgage and fees in the forecast, year by year

See what buyers paid at Olaia Residences, and everything behind the 67.

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Read by the person who runs Rendr, who works in real estate and may contact you about property. Never sold.

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Projects scored
1,673
projects scored
Factors
8
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q4 2027

Under construction · 1.48% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026

What this means

Also due in 2027 in Palm Jumeirah: 5 more projects we list

Gulf House Development: nothing delivered in the last ten years, none cancelled.

Olaia Residences is due to hand over in Q4 2027. Construction is 1.48% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

DLD registration status

Verified 1 Oct 2026
  • Project registration3519
  • Escrow accountNot published yet
  • Developer licenceNot published yet
Where the figures come from

Check it on dubailand.gov.ae. How to read the DLD register.

Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from Property Finder's sales start date.

Before you pay: four things to check

  1. 1The escrow accountWe hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.
  2. 2The handover dateThe listed date is Q4 2027. Ask for the date in the sales agreement.
  3. 3Today's price listAED 3,200,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.
  4. 4The instalment dates10% at booking, 40% during construction, 50% at handover. Ask for each payment's date and amount.

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.

Developer
Gulf House Development
Area
Palm Jumeirah
Status
Under construction
Sales launch
8 Aug 2023
Total units
149
Storeys
11
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

What’s nearby

straight-line distance
  • Beach250 m
  • Hospital or clinic530 m
  • Supermarket or mall630 m
  • Metro or tram stop1.8 km
  • School2.0 km

The nearest of each on OpenStreetMap, Sep 2026.

Rental yield nearby

gross, apartments

4.9% in Palm Jumeirah. A median rent of AED 123 per sqft a year on 1,283 new tenancy contracts, last 6 months, against AED 2,536 per sqft paid across 301 finished sales, last 6 months.

Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working

Olaia Residences: questions buyers ask

How much does Olaia Residences cost?

Registered sales at Olaia Residences start from AED 4,546,000 (about $1.24M): the cheapest tenth of 10 off-plan sales, Dec 2025–Feb 2026, per DLD. It is listed from AED 3,200,000, per propertyfinder.ae on 1 Oct 2026.

What is the price per sqft at Olaia Residences?

Buyers paid a median of AED 4,045 per sqft at Olaia Residences (off-plan sales, last 12 months, 10 registered sales).

When is the Olaia Residences handover date?

Olaia Residences is expected to hand over in Q4 2027. The project is under construction, 1.48% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).

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.

Is Olaia Residences priced above or below what buyers paid nearby?

Buyers paid a median of AED 4,045 per sqft in Olaia Residences (off-plan sales, last 12 months, 10 registered sales), which is 28% below the median of AED 5,604 per sqft that buyers actually paid for apartments in Palm Jumeirah, across 113 sales registered with DLD.

What is the Rendr Score of Olaia Residences?

Olaia Residences scores 67 of 100 on the Rendr Score, good, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.

What rental yield do apartments in Palm Jumeirah make?

About 4.9% gross for apartments in Palm Jumeirah, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.

Who is the developer of Olaia Residences?

Olaia Residences is being developed by Gulf House Development. It sits in Palm Jumeirah, Dubai.

Is Olaia Residences registered with DLD?

Olaia Residences is registered with the Dubai Land Department (DLD) under number 3519. Check it at dubailand.gov.ae before you pay.

Changes

Listed 25 Sep 2026 · 1 change since, last 4 Oct 2026
  1. Construction 1.48% complete

    Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026

  2. Listed on the site

    Source: propertyfinder.ae, read 24 Sep 2026

Sold from

AED 4.55M

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