Olaia Residences

Ten residential floors facing Palm Jumeirah's largest landscaped park

Palm Jumeirah's trunk has fewer available plots than the fronds or crescent. Olaia Residences claims one of them, directly opposite Al Ittihad Park and the Fairmont The Palm. Gulf House Real Estate Development delivers a ten-story residential building over two basement levels and a ground floor. West Beach sits two minutes away on foot, Sheikh Zayed Road ten minutes by car. Handover is scheduled for Q4 2027, with half the purchase price due at completion. The freehold title allows resale to any nationality.

Miele kitchens for apartments, Gaggenau for duplexes

The project splits clearly into two product lines. Apartments range from one to three bedrooms, 851 to 2,163 square feet, fitted with Miele appliances. Duplexes span three to five bedrooms, starting at 2,260 square feet, and feature Gaggenau kitchens. Entry prices for apartments begin around AED 3.2 million while five-bedroom duplexes reach AED 20.2 million. Ground-floor duplexes include private garden access. Upper duplexes offer double-height living spaces with sightlines toward Dubai Marina and the Gulf.

Three minutes to Nakheel Mall, thirty to DXB

Olaia Residences targets buyers who want beachfront living without frond isolation. Nakheel Mall is three minutes away, Golden Mile Galleria about the same. DIFC and Downtown Dubai require twenty-five minutes outside rush hour. Dubai International Airport (DXB) is a thirty-minute drive. This positioning suits executive families or professionals commuting to mainland offices who still want the Palm address. The trunk location means faster exits compared to deeper frond plots.

Al Ittihad Park: jogging tracks and dog-friendly zones

The building borders Al Ittihad Park, Palm Jumeirah's largest green space. The park features jogging and cycling tracks, a dedicated dog area, and picnic zones. For buyers with children or pets, daily outdoor access without driving adds practical value. Frond residences lack comparable landscaped areas within walking distance. Gulf House Real Estate Development positions this adjacency as a core differentiator against taller towers on the crescent.

Rooftop pools, cigar lounge, and mini-golf

Amenities concentrate on the rooftop and ground floor. The rooftop hosts indoor and outdoor pools, a spa with steam, sauna, and cold plunge pools, a yoga deck, and a cigar lounge. A mini-golf course rounds out the leisure offer. The ground floor provides a business center with meeting rooms, a concierge desk operating around the clock, and valet parking. The package mirrors boutique hotel services without third-party management fees baked into service charges.

50% due at handover, structured for resale flexibility

The payment plan breaks into five milestones: 10% on booking, 10% upon SPA signing, then 10% each in June and December 2026. The remaining 50% falls due at Q4 2027 handover. This back-loaded structure appeals to investors planning a pre-completion flip or arranging mortgage drawdown close to delivery. DLD fees (4%) plus AED 5,500 administration charges add to the first installment. Freehold status removes nationality restrictions on future buyers.