GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C

Olaia Residences

Under Construction · Date not reported|149 units · 1 building

Olaia Residences is an under-construction 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 4,098 per sqft. At AED 4,098 per sqft, Olaia Residences prices 24% below the Palm Jumeirah median of AED 5,361 per sqft on registered sales.

PIX© price · ↑0.5% YoY

7.45MAED

Typical

4,098AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationPalm 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

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 1

…

Select a unit to read its record.

Olaia Residences4,098AED/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	4,098	↑0.5%
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	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
24 Feb 2026	1 Bed	Olaia Residences · Floor 7	1,118	4,759,682	4,256	-	Standard	Off-Plan Sale
24 Feb 2026	3 Bed	Olaia Residences · Floor 5	2,164	8,503,978	3,931	-	Standard	Off-Plan Sale
13 Feb 2026	2 Bed	Olaia Residences · 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

#13 of 17

#12 of 17

Typical price

7.65M

Yield

—

Units

149

229

Sales

235

Rents

—

Developer

GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Handover

U/C

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Six Senses Residences SELECT GLOBAL DEVELOPMENT L.L.C · Completed · Off-plan pricing	191					121	3
	Como Residences DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	81					74	—
	Ocean House NORTHACRE ELLINGTON DEVELOPMENT L.L.C · U/C · Off-plan pricing	95					92	—
	Vitalia PINNACLE A K S REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	45					21	—
	Ellington Beach House BEACH HOUSE REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	129					128	41
	Serenia Living PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	229					235	34
13	Olaia Residences GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	149	4,058	Subject	7.65M	—	37	—
	Palm Beach Towers 3 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	460					449	—
	Palm Beach Towers 1 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	283					339	—
	Palm Beach Towers 2 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	321					380	—
	Seven Palm SEVEN TIDES LIMITED · Completed · Off-plan pricing	1,200					280	600

Community median 5,361 AED/sqft. Showing the closest-ranked peers of 17 ranked projects in the community. 11 community projects excluded for insufficient recorded sales. 55 excluded for trading only in the ready market. 12 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 LivingAED 4,220/sqft
Ellington Beach HouseAED 4,264/sqft
Palm Beach Towers 3AED 3,691/sqft
Palm Beach Towers 1AED 3,332/sqft
Palm Beach Towers 2AED 3,137/sqft
VitaliaAED 5,110/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 4,098 per sqft, or about AED 7,454,715 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 in the Dubai Land Department project register. No handover date is on record.

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 +0.5% over the last 12 months, to AED 4,098, across 36 registered sales.