Ola Residences — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 94,628 / year
Cash-on-Cash
2.2%
Levered cashflow AED 22,259
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.01M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Astraterra Properties

Official Documents

Download official marketing materials from Lacasa Living.

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Payment Structure

10% down payment

Published payment summary

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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

Ola Residences location map
Project location

Nearby Destinations

Al Marjan Island

Developer and Project Facts

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

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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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