Olaia Residences

P3 — Under Development Off-Plan Primary
Developer Gulf House Real Estate Development L.L.C
Community Palm Jumeirah
Property type Apartment
Data updated Feb 24, 2026

Olaia Residences is a Under Development development by Gulf House Real Estate Development L.L.C in Palm Jumeirah. 36 units across 3 Bedroom (39%), 2 Bedroom (31%), 1 Bedroom (22%). Over the trailing 12 months, 36 sales at a median of AED 6,842,712.

Key Metrics
Median Price
Value
AED 6,842,712
Transactions
Value
36
Change
36 in period
Price / sqft
Value
AED 4,035
Handover Status
Value
P3
Change
Under Development
Median Price
AED 6,842,712
Transactions
36
↑ 36 in period
Price / sqft
AED 4,035
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
12.7%
Community avg
Holding Period
Value
5.5 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
12.7%
Community avg
Holding Period
5.5 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
1 Bedroom 8 units · 22%
2 Bedroom 11 units · 31%
3 Bedroom 14 units · 39%
4 Bedroom 2 units · 6%
5 Bedroom 1 units · 3%

Transaction Breakdown

All time — 36 transactions
Off-Plan Primary
36

Price History

Median Price — Olaia Residences

Median prices in Olaia Residences have declined significantly, down 18% to AED 5.7M over the past 8 months.

Recent Transactions

Showing last 10 of 36
Date Type Price (AED) Size (sqft) AED/sqft
Feb 24, 2026 OP Primary 4,759,682 1,118 4,256
Feb 24, 2026 OP Primary 8,503,978 2,163 3,930
Feb 13, 2026 OP Primary 6,597,672 1,638 4,027
Feb 12, 2026 OP Primary 4,670,619 1,124 4,151
Jan 30, 2026 OP Primary 3,426,422 901 3,799
Dec 24, 2025 OP Primary 6,797,087 1,638 4,149
Dec 24, 2025 OP Primary 7,884,122 2,163 3,644
Dec 24, 2025 OP Primary 6,218,209 1,638 3,794
Nov 28, 2025 OP Primary 6,643,532 1,635 4,061
Nov 28, 2025 OP Primary 6,741,936 1,643 4,101

This project is in Palm Jumeirah

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