New homes in Olaia Residences start at AED 3,752,067; keys are due Dec 2027; you pay 10% to book, 40% while it is built and 50% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 40 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Palm Jumeirah. Their median price is AED 4,807 per sq ft (about AED 5,375,000 at 1,118 sq ft). This project's from price is AED 3,356 per sq ft (AED 3,752,067 for its smallest home, 1,118 sq ft), 30% less.
Keys
Dec 2027
The developer's handover date
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
1 to 5 beds
Sizes
1,118 to 1,136 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 3,356 per sq ft
Similar off-plan homes: AED 4,807 per sq ft
RERA project
3519
Check it in Dubai REST, the Dubai Land Department's official app.
Built
1%
Being built. DLD register, Jun 12, 2026
Completion on the register
Dec 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
149
In 1 buildings
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 375,207
Feb 2027
While it is built
10%
AED 375,207
Apr 2027
While it is built
10%
AED 375,207
Jul 2027
While it is built
10%
AED 375,207
Sep 2027
While it is built
10%
AED 375,207
Dec 2027
Keys
50%
AED 1,876,034
Booking payment, 10%
AED 375,207
Dubai Land Department fee (Oqood), 4%
AED 150,083
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 525,290
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Buildings in this area paid a median of AED 20 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (1,118 sq ft) that is about AED 22,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 40 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Palm Jumeirah, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Olaia Residences sold in 24 months, so we compare with off-plan sales across Palm Jumeirah.
Dubai Land Department recorded 40 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Palm Jumeirah, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 4,807 per sq ft
AED 2,722 to AED 3,196 per sq ft
6 sales
AED 3,196 to AED 3,670 per sq ft
6 sales
This project's from price is in this band.
AED 3,670 to AED 4,144 per sq ft
2 sales
AED 4,144 to AED 4,618 per sq ft
2 sales
AED 4,618 to AED 5,093 per sq ft
9 sales
AED 5,093 to AED 5,567 per sq ft
7 sales
AED 5,567 to AED 6,041 per sq ft
1 sale
AED 6,041 to AED 6,515 per sq ft
7 sales
AED 2,722 per sq ftAED 6,515 per sq ft
This project AED 3,356 per sq ft
Half of the sales sold for AED 3,622 to AED 5,435 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,722 to AED 3,196 per sq ft
6
AED 3,196 to AED 3,670 per sq ft
6
AED 3,670 to AED 4,144 per sq ft
2
AED 4,144 to AED 4,618 per sq ft
2
AED 4,618 to AED 5,093 per sq ft
9
AED 5,093 to AED 5,567 per sq ft
7
AED 5,567 to AED 6,041 per sq ft
1
AED 6,041 to AED 6,515 per sq ft
7
The 3 closest sales
Picked from the 40 similar sales above, closest in size to this project's smallest home.
Feb 2026AED 4,759,682AED 4,256 per sq ftOlaia Residences, 1,118 sq ft
Feb 2026AED 4,670,619AED 4,152 per sq ftOlaia Residences, 1,125 sq ft
Jun 2026AED 3,008,800AED 2,722 per sq ftPALM BEACH TOWERS-2, 1,105 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Palm Jumeirah in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 3,752,067 here
Off-plan medianAED 4,581,000AED 4,947 per sq ft
Sales91
30% below 40 similar sales
2-bed apartment
Off-plan medianAED 8,730,000AED 5,260 per sq ft
Sales156
3-bed apartment
Off-plan medianAED 13,636,000AED 6,544 per sq ft
Sales117
4-bed apartment
Off-plan medianAED 55,000,000AED 6,910 per sq ft
Sales36
5-bed apartment
Off-plan medianToo few sales for a median
Sales9
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
4.1%
Typical for similar ready homes
5.3%
Median rent of 1-bed apartments in Palm Jumeirah
AED 155,000 a year
Rent contracts counted
611
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 155,000 a year
2-bed apartment
AED 230,000 a year
3-bed apartment
AED 320,000 a year
4-bed apartment
AED 750,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 155,000 ÷ AED 3,752,067 = 4.1%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Palm Jumeirah Tram Stop1.8 km, 9 min driveTram stop
Palm West Beach1.5 km, 3 min driveBeach
The Palm Jumeirah waterfront550 m, 8 min walkWaterfront
ICCA Dubai2 km, 7 min driveSchool
Dubai College2.6 km, 7 min driveBritish school
GEMS Wellington International School4 km, 12 min driveIB school
Olaia Residences is a Gulf House apartment project on Palm Jumeirah, with 1- to 5-bedroom homes from AED 3,752,067 and handover listed for December 2027. The price check puts the from price per square foot 30% below 40 similar sales over the 12 months to October 2026, but the size figures do not match, so check the floor plan first.
Start with the sizes. The listing gives homes of 1 to 5 bedrooms but a size range of 1,118 to 1,136 sq ft, and the developer's own figures run from 851 sq ft for one bedroom to 4,124 sq ft for five. Because the figures differ, ask for the floor plan of the exact unit before you compare prices.
The from price per square foot is 30% below 40 similar sales on Palm Jumeirah over the 12 months to October 2026.
The plan is 10% on booking, 40% during construction and 50% on handover. At the from price that is about AED 375,200 to book, AED 1,500,800 during the build and AED 1,876,000 at handover, listed for December 2027, about 13 months away. Separately, the 4% DLD fee comes to AED 150,083; ask when it is due. The developer also describes duplexes with three to five bedrooms, so ask which unit types are still on sale.
The building faces the Fairmont The Palm hotel. Residents get a yoga room, miniature golf, indoor and outdoor rooftop pools, a business centre and a children's playground. By our map, Al Das Medical Clinic is about 150 m away, the Palm Jumeirah waterfront about 540 m and Palm West Beach about 1.5 km. Palm Jumeirah Tram Stop is about 1.8 km away. Dubai College is about 2.6 km away and GEMS Wellington International School about 4 km.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
4 BR
5 BR
How prices moved
Median price of 1-bed apartments in Palm Jumeirah, over the 12 months to each dateUp 53% from Dec 2024 to Sep 2026.
Dec 2024AED 3,238 per sq ft
Sep 2026AED 4,947 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 4,947 per sq ft
91 sales
Jun 2026
AED 5,000 per sq ft
112 sales
Mar 2026
AED 4,947 per sq ft
111 sales
Dec 2025
AED 4,878 per sq ft
96 sales
Sep 2025
AED 3,653 per sq ft
57 sales
Jun 2025
AED 3,481 per sq ft
40 sales
Mar 2025
AED 3,240 per sq ft
40 sales
Dec 2024
AED 3,238 per sq ft
39 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which company is developing Olaia Residences?
Gulf House. The homes are freehold.
How big are the apartments?
The figures differ: the listing gives 1,118 to 1,136 sq ft, while the developer quotes 851 to 4,124 sq ft across 1 to 5 bedrooms. Ask for the floor plan of your unit.
How does the price compare with Palm Jumeirah sales?
The from price per square foot is 30% below 40 similar sales on Palm Jumeirah over the 12 months to October 2026.
How are payments split?
10% on booking, 40% during construction and 50% on handover: about AED 375,200, AED 1,500,800 and AED 1,876,000 at the from price. Separately, the 4% DLD fee comes to AED 150,083; ask when it is due.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold.
How close is the beach?
Palm West Beach is about 1.5 km away by our map, roughly three minutes by car by our estimate.
