Olaia Residences, Palm Jumeirah
An off-plan home in Olaia Residences sells for about AED 6.62m
Median of 10 off-plan sales of every bed size in the 12 months to 23 Oct 2026, from Land Department records (no single bed size has 10 sales). Last sale in the tower: 24 Feb 2026.
- The market says
- 10 off-plan sales of all sizes in the 12 months to 23 Oct 2026 at AED 4,045 per sq ft; 2 homes for sale now.
“Olaia Residences is off-plan, so no owner has sold a completed home here yet. Buyers took 10 homes here in the 12 months to 23 Oct 2026, at about AED 4,045 per sq ft. Sales are slow. Ask for a better payment plan before you sign, and compare the price with a completed tower next door.”
James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.
- Official record
- 33 registered sales since 2022: 32 apartment, 1 other
Olaia Residences on the map
Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.
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3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.
Construction progress: not found
We found no public progress record for this tower. Ask the developer for the latest inspection report from the Land Department.
Payment plan: not found
We checked the pages we hold for this tower and found no payment plan that passed our checks. We do not guess one. Ask the developer for the current plan.
Resale and off-plan prices by bedroom
Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 23 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.
| Type | Off-plan: sold | Median asking |
|---|---|---|
| 2-bed | – (under 10) | – (1) |
| 3-bed | – (under 10) | – (1) |
Sold prices: Land Department sale records to 23 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.
Sales we leave out of every median, count and chart (0 of 36 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.
Too few off-plan sales to state a yearly change
Median AED 4,045 per sq ft in the 12 months to 23 Oct 2026 (10 off-plan sales). A yearly change needs at least 30 sales in each of the two 12-month periods.
Too few quarters with sales to draw a chart.
Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most; Land Department records, quarters with 10 or more sales. Off-plan sales are 100% of sales in the last 12 months, so the bars can mix launch and resale prices.
Every sale since 2025: 36 sales of 36 units
Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.
| Unit | Type | Sq ft | Price | AED per sq ft | Date | Market |
|---|---|---|---|---|---|---|
| 712 | 1-bed | 1,118 | AED 4,759,682 | 4,256 | 24 Feb 2026 | Off-plan |
| 513 | 3-bed | 2,164 | AED 8,503,978 | 3,931 | 24 Feb 2026 | Off-plan |
| 514 | 2-bed | 1,638 | AED 6,597,672 | 4,028 | 13 Feb 2026 | Off-plan |
| 510 | 1-bed | 1,125 | AED 4,670,619 | 4,152 | 12 Feb 2026 | Off-plan |
| 106 | 1-bed | 902 | AED 3,426,422 | 3,800 | 30 Jan 2026 | Off-plan |
| 714 | 2-bed | 1,638 | AED 6,797,087 | 4,149 | 24 Dec 2025 | Off-plan |
| 508 | 3-bed | 2,163 | AED 7,884,122 | 3,645 | 24 Dec 2025 | Off-plan |
| 507 | 2-bed | 1,639 | AED 6,218,209 | 3,794 | 24 Dec 2025 | Off-plan |
| 703 | 2-bed | 1,644 | AED 6,741,936 | 4,102 | 28 Nov 2025 | Off-plan |
| 705 | 2-bed | 1,636 | AED 6,643,532 | 4,061 | 28 Nov 2025 | Off-plan |
| 917 | 5-bed | 4,306 | AED 21,712,896 | 5,042 | 4 Sep 2025 | Off-plan |
| 701 | 2-bed | 1,608 | AED 6,210,673 | 3,863 | 12 Aug 2025 | Off-plan |
| G05 | 3-bed | 2,981 | AED 13,413,825 | 4,500 | 30 Jul 2025 | Off-plan |
| 213 | 3-bed | 2,192 | AED 8,263,312 | 3,770 | 27 Jul 2025 | Off-plan |
| 902 | 4-bed | 3,046 | AED 14,619,648 | 4,800 | 22 Jul 2025 | Off-plan |
| 908 | 3-bed | 2,260 | AED 11,071,844 | 4,900 | 22 Jul 2025 | Off-plan |
| 901 | 4-bed | 2,998 | AED 14,392,800 | 4,800 | 22 Jul 2025 | Off-plan |
| 713 | 3-bed | 2,164 | AED 8,743,756 | 4,041 | 16 Jul 2025 | Off-plan |
| 509 | 1-bed | 1,118 | AED 4,503,598 | 4,027 | 15 Jul 2025 | Off-plan |
| 702 | 2-bed | 1,645 | AED 6,508,800 | 3,957 | 8 Jul 2025 | Off-plan |
| 715 | 3-bed | 2,305 | AED 8,869,487 | 3,848 | 8 Jul 2025 | Off-plan |
| 716 | 2-bed | 1,626 | AED 6,388,975 | 3,930 | 7 Jul 2025 | Off-plan |
| 707 | 2-bed | 1,639 | AED 6,888,337 | 4,203 | 4 Jul 2025 | Off-plan |
| 313 | 3-bed | 2,164 | AED 8,270,776 | 3,823 | 4 Jul 2025 | Off-plan |
| 911 | 3-bed | 2,272 | AED 11,135,152 | 4,900 | 2 Jul 2025 | Off-plan |
| 909 | 3-bed | 2,261 | AED 11,080,272 | 4,900 | 2 Jul 2025 | Off-plan |
| 708 | 3-bed | 2,163 | AED 8,699,400 | 4,022 | 2 Jul 2025 | Off-plan |
| 910 | 3-bed | 2,261 | AED 11,080,272 | 4,900 | 2 Jul 2025 | Off-plan |
| 709 | 1-bed | 1,118 | AED 4,759,682 | 4,256 | 1 Jul 2025 | Off-plan |
| 208 | 3-bed | 2,192 | AED 8,262,483 | 3,770 | 1 Jul 2025 | Off-plan |
| 704 | 2-bed | 1,601 | AED 6,148,762 | 3,840 | 1 Jul 2025 | Off-plan |
| 710 | 1-bed | 1,125 | AED 4,788,115 | 4,256 | 1 Jul 2025 | Off-plan |
| 711 | 1-bed | 1,125 | AED 4,788,115 | 4,256 | 1 Jul 2025 | Off-plan |
| 105 | 1-bed | 851 | AED 3,232,546 | 3,800 | 1 Jul 2025 | Off-plan |
| 216 | 2-bed | 1,605 | AED 5,616,030 | 3,500 | 30 Jun 2025 | Off-plan |
| 308 | 3-bed | 2,163 | AED 8,261,359 | 3,819 | 30 Jun 2025 | Off-plan |
Mortgage: what Olaia Residences costs a month
The tower is off-plan. A bank can lend at most 50% of the price of an off-plan home, and most buyers use the loan for the payment at handover. The rate starts at 3.99%, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026. Fixed rates in those lists run from 3.75% to 4.69%. Three-month EIBOR, the base for variable rates, was 4.19% on 9 Oct 2026.
Cash you need on day one
Buy against rent
Loan limits: Central Bank of the UAE mortgage rules (first home under AED 5 million: 80% for residents, 85% for UAE nationals; AED 5 million and above: 70% and 75%; second home or investment: 60% and 65%; off-plan: 50%; 25 years at most; all your debt payments at most 50% of your income). Banks set their own limit for buyers who do not live in the UAE. Assumptions, the same in every BUY DUBAI calculator: rate 3.99% a year, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026; repayment loan over 25 years; Land Department fee 4% of the price plus AED 580; trustee office AED 4,200 (AED 2,100 under AED 500,000); agent 2% plus 5% VAT; with a loan: mortgage registration 0.25% of the loan plus AED 290, bank fee 1% of the loan plus VAT (it differs by bank), valuation AED 3,150. Life cover, insurance and service charges are not included. This is an illustration, not an offer of a loan. Rates read on 9 Oct 2026.
The official record: 33 registered sales since 2022
Dubai Land Department register for "Olaia Residences", 8 Nov 2022 to 12 Feb 2026: 32 apartment, 1 other sales, plus 1 gifts. This source has every year and every unit type, but no unit numbers.
| Year | Apartments: sales | AED per sq ft |
|---|---|---|
| 2026 | 1 | – |
| 2025 | 31 | 4,041 |
| 2022 | – | – |
Median AED per sq ft is shown for 3 or more sales in a year. 32 of these sales were off-plan and 1 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 32 sales and our unit list has 33.
Sales, price cuts, new adverts and news, on WhatsApp. You choose what and how often.
Which side faces what
The direction of each landmark from Olaia Residences, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.
| Side | What lies that way |
|---|---|
| North-east | Burj Al Arab and the sea 5.5 km · Jumeirah beach and the sea 14.3 km · Sheikh Zayed Road 15.1 km · Burj Khalifa 16.4 km · Dubai Design District 17.8 km · DIFC 17.8 km · Dubai Creek and Ras Al Khor 21.2 km |
| East | The Palm Trump International Hotel & Tower, a tower 74 m away · Meydan racecourse 16.6 km |
| South-east | Golden Mile, a tower 52 m away · Della X Residence, a tower 120 m away |
| South | Dubai Marina skyline 3.3 km |
| South-west | Adagio Premium The Palm, a tower 120 m away |
| North-west | Golden Mile 7, a tower 139 m away |
No resident reviews: the tower is not built
Nobody lives in Olaia Residences yet, so there is nothing a resident can tell you. Reviews you see elsewhere under this name are about the sales office, the developer or another building. What we can show is below: what the developer and the documents say about the project. We add resident reviews after handover.
The project: what the developer and the documents say
The tower is not complete, so these are plans and claims, not facts you can check on site. Each one names its source.
Where sources disagree
No conflict found between sources.
Around Olaia Residences
Price against the nearest towers
| Tower | Distance | AED per sq ft, 12 months (sales) |
|---|---|---|
| Olaia Residences (this tower) | – | 4,045 (10) |
| Golden Mile 7 | 139 m | – (1) |
| Al Hallawi | 155 m | 2,218 (12) |
| The Fairmont Palm Residence South | 167 m | 2,600 (18) |
| Al Tamr | 223 m | 2,292 (11) |
| Golden Mile 8 | 234 m | 1,932 (6) |
| Al Sarrood | 245 m | 2,314 (13) |
Drive times with no traffic
| To | Time | Distance |
|---|---|---|
| Dubai Mall | 20 min | 20.7 km |
| DIFC Gate | 20 min | 21.5 km |
| DXB Terminal 3 | 46 min | 38.7 km |
| Dubai Marina Mall | 11 min | 6.3 km |
| Mall of the Emirates | 11 min | 7.7 km |
| Kite Beach | 16 min | 11.2 km |
| DWC airport | 40 min | 38.8 km |
OSRM routing on OpenStreetMap roads. Real times in traffic are longer.
Own a unit here?
Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.
Method, sources and what we did not find
- Sales: unit-level Dubai Land Department sale records, 30 Jun 2025 to 22 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
- Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
- Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., Resident and public material found on the open web (one passage per block; source and date under each)., live adverts: community guide), read by an AI model on 26 Oct 2026 with a fixed question list. A script checks that each answer names its source.
- Nobody visited the tower. Every fact is from a document, a map or a resident's review.
- Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, building facts, the developer, a licensed photo.
Corrections
Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.
Change log: 26 Oct 2026 first build of this page. No correction yet.
Other towers in Palm Jumeirah
Olaia Residences is one of 100 buildings and building groups with a page in Palm Jumeirah. Developer: GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C, with 1 tower on BUY DUBAI. Towers of the same type and price band come first.
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