Ola Residences
Off-Plan

Ola Residences

From AED 2.19M·Handover Feb 2027·10% down payment Payment
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AED 2.19M
Starting Price
Feb 2027
Handover
10% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Ola Residences is a modern residential complex developed by Lacasa Living and presented by One Broker Group. The building features two basement levels, a ground floor, seven residential floors, and a landscaped rooftop with amenities for residents. The exterior, inspired by the rhythms of nature, showcases flowing lines and soft curves that emphasize elegance and harmony with the surrounding landscape. The complex offers studios, one-bedroom apartments, and exclusive one-bedroom units with private pools. The interiors are crafted in an Italian style, featuring natural elements, warm tones, and high-quality finishes, creating a cozy ambiance and refined luxury. Residents enjoy a range of amenities, including a spacious lobby lounge with a café, co-working space, relaxation areas, a children’s playground and pool, an infinity pool for adults, a fitness center, a steam and sauna room, and a storage system with individual lockers. Additional services such as laundry facilities are also available. Ola Residences boasts a prime location on Al Marjan Island, combining tranquility with proximity to key landmarks. Wynn Resort is just 5 minutes away, while Al Hamra Mall, Al Hamra Golf Club, and Al Hamra Marina are 10 minutes away. Ras Al Khaimah International Airport is a 30-minute drive and Dubai is 50 minutes away. Within a 1-hour drive, residents can also reach Jebel Jais and Dubai Mall.

Project Specifications
DeveloperLacasa Living
LocationAl Marjan Island
Unit Types1 BR, Apartments
AreaAl Marjan Island
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 94,628 / year
Cash-on-Cash
2.2%
Levered cashflow AED 22,259
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 142,545 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Ola Residences launch basis2,437AED 2.19MCurrent launch / asking basis
Al Marjan Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Marjan Island premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Lacasa Living.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Ola Residences — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Coworking zone
Infinity pool
Kids Play Area
Leisure areas
Lift
Lobby
Private pool
Recreational areas
SPA
Sauna
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Steam

Location

Al Marjan Island

Nearby Destinations

Dubai Miracle Garden — 5 mins
Butterfly Garden — 5 mins
Mall of the Emirates — 12 mins
Dubai Hills Mall — 10 mins
Al Marjan IslandAl Marjan IslandDubai, UAE

Developer Track Record

01

Ola Residences by Lacasa Living

02

Located in Al Marjan Island

03

Starting from AED 2,193,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Feb 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Ola Residences

Limited units available · Direct developer pricing · Serious buyer routing

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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