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 — Floor Plans

Studios Number of bedrooms
Apartments Number of bedrooms

Studio

1,200,000 AED

Bathrooms 1 Total area 379 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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