Ola Residence

Ola Residence

By Lacasa Living in Al Marjan Island

Residences with furniture and appliances, sea views in a top resort area of Ras Al Khaimah. Close to the beach and the first UAE casino resort, Wynn Al Marjan Island Resort. Payment: 60% on handover.

1,200,000 AED

Minimum cost

Q1 2027

Project completion

About Location
About Location

Ola Residence — Location

Al Marjan Island in Ras Al Khaimah offers unique opportunities for living and investing. According to the latest data from 2024, the average rental yield for apartments in this area is 7–9% per annum. Property prices have grown by approximately 12–15% over the past few years, indicating sustained interest in this destination. Investing in properties on the island is profitable for both short-term and long-term goals due to increasing tourist traffic and infrastructure development.

The area is conveniently located: the nearest airport is Ras Al Khaimah International Airport (RKT), which is just a 25-minute drive away. Sharjah International Airport (SHJ) and Dubai International Airport (DXB) are accessible within 50 and 60 minutes, respectively. Travel time to popular Dubai districts like Downtown Dubai and Burj Khalifa is approximately 75 minutes, and Dubai Marina is about 70 minutes away.

For families with children, international schools like the International School of Choueifat in Ras Al Khaimah (20 minutes) are available, while students can attend the American University of Sharjah (50 minutes). Major shopping malls include Al Hamra Mall (15 minutes) and City Centre Sharjah (50 minutes). High-quality healthcare is provided by RAK Hospital (20 minutes), NMC Medical Centre in Sharjah (45 minutes), and Mediclinic City Hospital in Dubai (70 minutes). Beaches on Al Marjan Island are in close proximity to the residential complex.

10 mins Al Hamra Mall

10 mins RAK Hospital

20 mins International School of Choueifat

25 mins RAK International Airport

50 mins Sharjah International Airport (SHJ)

60 mins Dubai International Airport (DXB)

75 mins Downtown Dubai and Burj Khalifa

Ola Residence — About the project

Ola Residence by Lacasa Living is located on Al Marjan Island, Ras Al Khaimah, and consists of 2 basement levels, a ground floor, and 7 residential floors. The complex offers studios, 1-bedroom apartments, and 1-bedroom apartments with pools, all fully finished and furnished. Apartment sizes range from 35 sq. meters to 137 sq. meters, with prices starting from AED 1,200,000. The internal infrastructure includes a modern fitness center, an infinity pool, children's playgrounds, and relaxation zones. The residential complex is situated on an artificial island, just 800 meters from Al Marjan Island Beach. Proximity to tourist attractions and the growing popularity of Al Marjan Island make this project a profitable investment opportunity.

  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence
  • Ola Residence

        • Ola Residence — Floor Plans

        Studios Number of bedrooms
        Apartments Number of bedrooms

        Studio

        1,200,000 AED

        Studio
          Bathrooms 1 Total area 379 sqft

          1 bedroom apartment

          2,100,000 AED

          1 bedroom apartment
            Bathrooms 2 Total area 708 sqft

            1 bedroom apartment with pool

            3,150,000 AED

            1 bedroom apartment with pool
              Bathrooms 2 Total area 1240 sqft

              Ola Residence — Payment Plan

              • 10% 01

                Down payment

              • 30% 02

                During construction

              • 60% 03

                On handover in Q1 2027

              Buy property at the developer prices

              0%

              our commission

              Amenities

              • Modern fitness center
              • Rooftop infinity pool
              • Children's play area
              • Sauna and steam room
              • Relaxation zones for adults
              • Co-working space
              • Sea-view apartments

                Sea-view apartments

                Ola Residence boasts a modern design inspired by the beauty of ocean waves and mountain lines. The living spaces are created for maximum comfort and harmony. Each residence features panoramic windows offering magnificent views of the sea or mountains.

              • Fully furnished and equipped

                Fully furnished and equipped

                The apartments in Ola Residence are fully furnished and equipped with modern appliances. Kitchens are fitted with built-in appliances, including a refrigerator, stove, and dishwasher.

              • Exclusive internal infrastructure

                Exclusive internal infrastructure

                The Ola Residence complex includes an ocean-view fitness center, a rooftop infinity pool, and a dedicated children’s play area. Additionally, there are sauna and steam room facilities for relaxation and rejuvenation.

              • 60% payment in 2027

                60% payment in 2027

                Ola Residence offers a convenient payment plan: 10% down payment, 30% during construction, and the remaining 60% on handover in the first quarter of 2027.

              • Spacious layouts and terraces

                Spacious layouts and terraces

                The 1-bedroom apartments with pools feature spacious terraces, perfect for outdoor relaxation. Studios and standard apartments also include balconies, providing additional space to enjoy the views.

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              FAQs

              The price of studios starts at AED 1,200,000, 1-bedroom apartments from AED 2,100,000, and 1-bedroom apartments with pools from AED 3,150,000.

              The size of studios ranges from 35 to 38 sq. meters, 1-bedroom apartments from 66 to 90 sq. meters, and apartments with pools from 115 to 137 sq. meters.

              The complex is situated on the artificial Al Marjan Island, offering a unique combination of natural beauty and proximity to key infrastructure. The area boasts stable property price growth and high rental yields.

              It takes approximately 1.5 hours by car to reach Dubai International Airport (DXB) and Al Maktoum International Airport (DWC).

              The complex includes 48 studios, 48 one-bedroom apartments, and a limited number of apartments with pools.

              The construction is scheduled for completion in the first quarter of 2027.

              The payment plan includes 10% upon booking, 30% during construction, and 60% on handover in Q1 2027.

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