Olaia Residences offers a limited collection of bespoke duplexes and luxury apartments, crafted to deliver an extraordinary lifestyle where opulence meets serenity.
Gulf House Real Estate Unveils Flagship Project: Olaia Residences at Palm Jumeirah
Dubai, UAE – Gulf House Real Estate has officially introduced its inaugural signature project, Olaia Residences, an upscale residential development located in the heart of the globally renowned Palm Jumeirah.
The project’s sales and marketing are being exclusively handled by Metropolitan Premium Properties, one of the UAE’s leading real estate brokerages. Nestled in Dubai’s most prestigious area, Olaia is a true embodiment of high-end waterfront living, offering sweeping views of the Arabian Gulf, Dubai’s skyline, and access to a private beach. The residence will include top-tier features such as indoor and rooftop swimming pools, a wellness center, mini-golf area, 24-hour security, and dedicated concierge services.
“Olaia isn’t merely a residence—it’s an expression of refined living and personal status,” stated Eng. Mohammed Mana Sultan Aballala, Founder and Chairman of Gulf House Real Estate. “At Gulf House, our mission is to go beyond visual appeal. We aim to deliver thoughtful design, customized services, and a smooth journey from the purchase stage through to post-handover support.”
Designed with architectural finesse and timeless elegance, Olaia Residences presents a curated selection of luxury apartments and bespoke duplexes. These homes are tailored for sophisticated buyers seeking uniqueness and prestige. Each residence features floor-to-ceiling windows and expansive terraces that offer breathtaking, uninterrupted views.
Palm Jumeirah, long associated with extravagance and prestige, will now be home to this exclusive gem. Olaia Residences is poised to be a retreat where daily life transforms into a serene escape—where stunning sunrises and tranquil sea views are part of the everyday routine.
According to Maria Karmalova, Head of Exclusive Sales at Metropolitan Premium Properties, “Palm Jumeirah stands out as one of Dubai’s top-performing investment communities. Even before the project’s official launch, 20% of the inventory has already been sold. The scarcity of newly built luxury properties in the area, combined with strong rental appeal and high resale value, make this a compelling investment.”
The development will offer a range of units including 1- to 3-bedroom apartments and 3- to 5-bedroom duplexes. Pricing begins at $871,000 (AED 3.2 million) for a one-bedroom apartment, while duplexes start from $2.9 million (AED 11 million). The top floor features 18 duplexes with private pools, while 16 ground-level duplexes are also available. Unit sizes range from 2,200 to 4,000 square feet.
Buyers can take advantage of a 50/50 payment plan, starting with a 10% booking fee. Project completion and handover are anticipated by Q4 2027.
Situated directly on Al Ittihad Park, which spans over 1.1 million square feet of lush green space, Olaia offers residents a serene environment perfect for walking, jogging, yoga, and leisurely outdoor activities. Its proximity to The Palm Monorail allows seamless travel to key destinations such as Nakheel Mall, Golden Mile Galleria, Atlantis Aquaventure, and more. The monorail also connects to central Dubai, giving residents quick access to world-class hotels, fine dining establishments, upscale boutiques, and top-tier leisure spots.
Gulf House Real Estate is a modern developer known for reshaping the luxury living scene in the UAE. Focused on innovation, excellence in craftsmanship, and lifestyle-first designs, the company strives to create enduring residences that mirror the dreams of contemporary homeowners.