
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Ola Residences launch basis | 2,437 | AED 2.19M | Current launch / asking basis |
| Al Marjan Island ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Marjan Island premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |




















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Astraterra Properties
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Al Marjan Island
Ola Residences by Lacasa Living
Located in Al Marjan Island
Starting from AED 2,193,000
Unit mix includes 1 BR, Apartments
Expected handover: Feb 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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