
Olaia Residences is an ultra-exclusive complex on Palm Jumeirah by the developer Gulf House Real Estate Development. The building includes two basement floors, a ground floor, ten residential floors and a scenic rooftop. The complex features state-of-the-art architecture and offers a prestigious collection of elegant one-, two-, and three-bedroom apartments and spacious three- to five-bedroom duplexes, each with spectacular views of the sea and Dubai's iconic skyline. The residences feature first-class finishes and state-of-the-art kitchens equipped with Miele appliances in the apartments and Gaggenau in the duplexes, seamlessly combining modern design with exceptional craftsmanship. The complex is well thought out, offering a full range of wellness facilities, including swimming pools, a spa, a fitness center, a sauna, cigar lounge, mini-golf and dedicated yoga facilities. The building enjoys a convenient location on Palm Jumeirah’s trunk ensuring quick access to the city's key locations: the beach is just a 2-minute walk away, Dubai Marina and Sheikh Zayed Road are just 10 minutes away, DIFC (Dubai International Financial Centre), Dubai Mall and Burj Khalifa are 25 minutes away, and Dubai International Airport (DXB) is a 30-minute drive away.
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 |
|---|---|---|---|
| Olaia Residences launch basis | 4,692 | AED 4.22M | Current launch / asking basis |
| Palm Jumeirah ready-stock comps | 3,200 | AED 2.88M | Indicative resale benchmark |
| Palm Jumeirah premium peer launches | 3,800 | AED 3.42M | New-launch peer set |
| Trophy alternative proxy | 4,700 | AED 4.23M | Higher-end anchor for negotiation context |

























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Astraterra Properties
Download official marketing materials from Gulf House Real Estate Development.
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Palm Jumeirah
Olaia Residences by Gulf House Real Estate Development
Located in Palm Jumeirah
Starting from AED 4,223,032
Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR
Expected handover: Dec 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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