GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C

Olaia Residences

Under Construction · Due Q4 2027 · 1%|149 units · 1 building

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Olaia Residences is an under-construction apartment development by GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C in Palm Jumeirah, comprising 149 registered units. 36 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,097 per sqft. At AED 4,097 per sqft, Olaia Residences prices 5% above the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · ↑2.0% YoY

7.45MAED

Typical

4,097AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationPalm Jumeirah in Palm Jumeirah

Drive times · typical

Downtown Dubai20 min · 21.3 km

DXB Airport23 min · 31.0 km

DIFC21 min · 23.3 km

Dubai Marina12 min · 6.5 km

Palm Jumeirah6 min · 3.4 km

Nearest · straight-line

Metro stationAl Fardan Exchange Metro station2.7 km

MallGalleria 2 Parking Entrance0.1 km

SchoolRedwood Montessori Nursery - Golden Mile 8 Palm0.2 km

HospitalÔRA Face Clinic0.2 km

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Olaia Residences4,097AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend
PIX© Core Project-Wide 679 – 4,410 sqft	149	7.45M	4,097	↑2.0%
Residential
1 Bed · Apartment 679 – 1,137 sqft	34			—
2 Bed · Apartment 1,558 – 1,762 sqft	56			—
3 Bed · Apartment 2,163 – 3,007 sqft	47			—
4 Bed · Apartment 2,984 – 4,410 sqft	9			—
5 Bed · Apartment 4,125 – 4,306 sqft	2			—
Commercial
Shop 732 sqft	1	—	—	—	—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide36 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
24 Feb 2026	1 Bed	Floor 7	1,118	4,759,682	4,256	—	Standard	Off-Plan Sale
24 Feb 2026	3 Bed	Floor 5	2,164	8,503,978	3,931	—	Standard	Off-Plan Sale
13 Feb 2026	2 Bed	Floor 5	1,638	6,597,672	4,028	—	Standard	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Olaia Residences

Compared with

Serenia Living

PIX© PSF

4,058

Rank

#12 of 16

#11 of 16

Typical price

7.64M

Yield

—

Units

149

226

Sales

331

Rents

—

Developer

GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Handover

Due 2027

Due 2025

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Como Residences THE PALM - JUMEIRAH CO. (L.L.C) · Due 2027 · Off-plan pricing	81					74	—
	Ocean House NORTHACRE ELLINGTON DEVELOPMENT L.L.C · U/C · Off-plan pricing	95					95	—
	Vitalia by Pinnacle PINNACLE A K S REAL ESTATE DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	45					20	—
	SLS Residences At Palm Jumeirah ROYA LIFESTYLE DEVELOPMENTS L.L.C · Due 2026 · Off-plan pricing	114					82	—
	Ellington Beach House BEACH HOUSE REAL ESTATE DEVELOPMENT L.L.C · 2024 · Off-plan pricing	126					128	37
	Serenia Living PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Due 2025 · Off-plan pricing	226					331	20
12	Olaia Residences GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	149	4,058	Subject	7.64M	—	37	—
	Palm Beach Towers -3 THE PALM - JUMEIRAH CO. (L.L.C) · Due 2026 · Off-plan pricing	460					449	—
	Palm Beach Towers - 2 THE PALM - JUMEIRAH CO. (L.L.C) · Due 2026 · Off-plan pricing	321					379	—
	Seven Hotel and Apartments The Palm SEVEN TIDES REAL ESTATE DEVELOPMENT L.L.C · 2022 · Off-plan pricing	1,162					280	478
	Palm Beach Towers -1 THE PALM - JUMEIRAH CO. (L.L.C) · Due 2026 · Off-plan pricing	284					354	—

Community median 5,111 AED/sqft. Showing the closest-ranked peers of 16 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 45 excluded for trading only in the ready market. 9 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Serenia Residences The PalmAED 3,981/sqft
Serenia LivingAED 4,244/sqft
The Palm TowerAED 3,873/sqft
CaribbeanAED 3,773/sqft
Emerald Palace Kempinski HotelAED 3,763/sqft
LuceAED 3,729/sqft

Common questions about Olaia Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Olaia Residences cost?

Property in Olaia Residences sells at a current PIX© price of AED 4,097 per sqft, or about AED 7,453,664 for a typical unit, based on 36 sales registered with the Dubai Land Department.

When is Olaia Residences handing over?

Olaia Residences is under construction, due q4 2027, and is 1% complete against the Dubai Land Department's reported progress.

Who is the developer of Olaia Residences?

Olaia Residences is developed by GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Olaia Residences?

Olaia Residences holds 149 registered units, per the Dubai Land Department unit register.

Have prices in Olaia Residences gone up or down?

Price per sqft has risen +2.0% over the last 12 months, to AED 4,097, across 36 registered sales.