Lacasa Living · Al Marjan Island · Ras al-Khaimah · United Arab Emirates
Ola Residence
Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole.
The essentials
- Available now from
- AED 2,193,000
- Available up to
- AED 2,620,000
- Layouts on offer
- 1 bed
- Available sizes
- 770 – 850 sqft (71.5 – 79 sqm)
- Service charge
- 18 AED/sqftCharged once a year — about AED 13,860 on the smallest published layout, 770 sqft
- Status
- under construction
- Construction started
- January 2025
- Build progress
- Not reported yet
- Furnishing
- yes
- Handover
- Q1 2027
- Buildings releasing now
- 1
- Escrow account
- Registered
Ola Residence is being built as apartments, in 1 bed layouts.
Payment plan
20 / 20 / 60AED 438,600 is the booking amount — the reservation deposit, or down payment, that holds the lowest-priced home, then about AED 36,550 a month to handover.
Live availability
2 homes are still unsold — see the price list.
Get the developer’s own price list — unit number, floor, exact size, price and price per square foot for every one.
Arrives in about a minute. No phone call unless you ask for one.
Live availability
| Unit | Floor | Beds | Size | Price | Per sqft |
|---|
Availability moves daily. An advisor will confirm and can place a hold on your behalf.
What does your budget buy here?
Set a figure and we will match it against what is still available in this project.
Off-plan mortgages are arranged at handover, against the completed home.
The service charge starts at handover, not at purchase, and the first year is usually pro-rated from the day you collect the keys.
You will get the unit number, floor, size and exact price for each — not the whole building.
About this project
Lacasa Living
Project general facts
Ola Residences is an exclusive residential development that blends contemporary architecture with the natural beauty of its coastal surroundings. Inspired by the flowing forms of the sea and the surrounding mountains, the project offers an elegant collection of thoughtfully designed residences where modern aesthetics meet timeless sophistication. Spacious layouts, panoramic views, and refined interiors create a harmonious living environment that embraces natural light, comfort, and effortless luxury.
Residents enjoy a carefully curated selection of amenities designed to elevate everyday living. A spectacular rooftop infinity pool offers uninterrupted sea views, while the state-of-the-art fitness center provides an inspiring setting overlooking the coastline. Additional conveniences, including in-house laundry services and private storage facilities, enhance comfort and flexibility, creating a lifestyle that combines relaxation, wellness, and practical everyday living.
The residences are finished with premium Italian materials that reflect the project's commitment to quality, elegance, and contemporary design. Interiors feature refined finishes, modern detailing, and carefully selected textures that create a warm and sophisticated atmosphere. Kitchens come fully equipped with integrated appliances, and every residence is delivered fully furnished, offering a stylish, move-in-ready home with exceptional attention to detail.
Location description and benefits
Al Marjan Island, located in Ras Al Khaimah, is a man-made marvel that redefines waterfront living. This iconic destination spans four interconnected islands, offering a harmonious blend of pristine beaches, crystal-clear waters, and lush green landscapes. With its tranquil environment and panoramic views of the Arabian Gulf, Al Marjan Island has become a haven for those seeking a luxurious yet peaceful retreat away from the bustle of city life.
Al Marjan Island boasts a mix of world-class residential developments, upscale resorts, and vibrant leisure hubs. Its master-planned layout ensures seamless connectivity, allowing for easy access to an array of amenities, including fine dining, luxury retail outlets, and recreational facilities. The island's growing reputation as a sought-after tourist destination is complemented by its commitment to sustainability and creating spaces that celebrate the natural beauty of its surroundings.
Al Marjan Island is more than a residential or holiday destination; it’s a lifestyle. The area is home to family-friendly attractions, wellness centers, and a calendar of exciting events, making it a vibrant community that caters to diverse preferences. Whether enjoying water sports, strolling along serene beachfronts, or simply soaking in the picturesque sunsets, Al Marjan Island offers an unmatched experience of coastal living. With its strategic location near Ras Al Khaimah’s city center and airport, the island seamlessly combines accessibility with exclusivity, making it a true gem of the UAE.
Layouts
2
1 bed
770 sqft
71.5 sqm
AED 2,193,000
850 sqft
78.9 sqm
AED 2,620,000
Amenities
6
Co-Working Space
Adults Infinity Pool
Kids Pool Area
Gym
Kids Play Area
Steam & Sauna Room
What’s nearby
5
Gallery
12
Good to know
Straight answers from the developer's published terms, checked 8 Oct 2026.
What is the payment plan for Ola Residence?
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Payment Plan: 20% on booking, 20% during construction and 60% on handover.
How much is the booking amount for Ola Residence?
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20% of the purchase price falls due on booking — from AED 438,600 on the lowest-priced home. A bank or a broker may call the same figure the reservation deposit or the down payment; it is one and the same first instalment, and it is paid to the developer rather than to us.
When does Ola Residence hand over?
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Handover is scheduled for Q1 2027 .
What do homes in Ola Residence cost?
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Homes currently available start from AED 2,193,000 and range up to AED 2,620,000 for 1 bed homes. These are the prices of the homes released for sale through our live feed today, not the launch prices — earlier and cheaper releases may have sold out.
How much does each bedroom size cost at Ola Residence?
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Published starting prices by layout are 1 bed from AED 2,193,000. Those are the entry price for each size — floor, view and the exact layout move the figure, and the current price list carries the price of every remaining unit.
Is there a price list for Ola Residence?
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Yes. Ask for it on this page and the developer’s own price list is emailed to you — unit number, floor, exact size, price and price per square foot for every home still available. 2 homes were unsold at the last check on 8 Oct 2026.
Who is the developer of Ola Residence?
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Ola Residence is developed by Lacasa Living in Al Marjan Island · Ras al-Khaimah · United Arab Emirates.
What is the service charge at Ola Residence?
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The published service charge at Ola Residence is 18 AED/sqft, billed once a year. On the smallest published layout, 770 sqft, that is roughly AED 13,860 a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. Checked 8 Oct 2026.
Is my money protected when buying off-plan at Ola Residence?
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Lacasa Living has registered an escrow account for Ola Residence. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.
Does buying in Ola Residence qualify for a UAE Golden Visa?
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With homes currently available from AED 2,193,000, homes here meet the AED 2,000,000 property investment threshold for the 10-year Golden Visa. Since February 2026, off-plan and mortgaged purchases can qualify on a certified valuation — our advisors can confirm eligibility for a specific unit.
How the money actually moves — escrow, the 40/60 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.
Every other off-plan project selling above the AED 2,000,000 threshold: Golden Visa property in the UAE. What actually qualifies, and how Dubai and Abu Dhabi differ: our Golden Visa guide.
Ola Residence vs Oystra
The closest live alternative we hold. Both are still selling, so the two sets of terms can be weighed against each other rather than against a memory.
- Available from
- AED 2,193,000
- AED 2,739,888
- Layouts on offer
- 1 bed
- 1 – 3 bed
- Handover
- Q1 2027
- FEB 2029
- District
- Al Marjan Island
- Al Marjan Island
- Developer
- Lacasa Living
- Richmind
- Payment plan
- 20 / 20 / 60
- 10 / 60 / 30
Figures are the developers' own published terms, checked 8 Oct 2026. A dash means the developer has not published that detail yet — an advisor can ask.
More in Al Marjan Island
43 projects are selling in Al Marjan Island — browse them all.
