Ola Residences at Al Marjan Island – Boutique Luxury by Lacasa Living

Lacasa Living
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Starting Price

1,180,000

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Ola Residences is a prestigious project developed by Lacasa Living, positioned on the scenic Al Marjan Island in Ras Al Khaimah. Comprising only 96 high-end units, this particular 7-storey residential masterpiece redefines the concept of “exclusive coastal living.” The project provides a selection of fully furnished studios and 1-bedroom apartments, with select premium units featuring private balcony plunge pools. Designed by the award-winning LACASA Architects, the building’s exterior reflects the organic rhythms of the sea, while the interiors boast modern Italian finishes and floor-to-ceiling windows that frame panoramic views of the Arabian Gulf.

Every particular residence at Ola Residences is delivered fully furnished and equipped with high-end appliances, making it a “turnkey” solution for both investors and homeowners. The project emphasizes a wellness-focused lifestyle, blending sustainable materials and smart home functionality. Located just 7 minutes from the upcoming Wynn Al Marjan Island Resort, Ola Residences provides the perfect balance of tranquil island privacy and proximity to the region’s most anticipated entertainment and gaming hub.

Property Details

Feature Details
Developer Lacasa Living
Location Al Marjan Island, Ras Al Khaimah
Property Type Fully Furnished Boutique Apartments
Starting Price AED 1,180,000
Government Fee 4% Title Deed Fee
Unit Status Off-Plan (Under Construction)
Ownership Freehold
Estimated Completion Q1 2027
Views Sea, Park, and Sunset Vistas

Ola Residences provides a prime address with rapid access to major Ras Al Khaimah and Dubai destinations:

  • 07 mins – Wynn Al Marjan Island Resort & Casino
  • 10 mins – Al Hamra Golf Club & Al Hamra Mall
  • 12 mins – RAK Academy – British School Al Hamra
  • 25 mins – Ras Al Khaimah International Airport (RKT)
  • 45 mins – Sharjah International Airport (SHJ)
  • 50 mins – Dubai International Airport (DXB)

Why Invest in Ola Residences

  • Boutique Exclusivity: With less than 100 units, the project offers higher privacy and a more personal community feel, which typically commands higher rental premiums.
  • Fully Furnished Appeal: The “turnkey” nature of the units is ideal for the short-term rental market (Airbnb), allowing investors to generate income immediately after handover.
  • High Projected ROI: As of 2025, Al Marjan Island yields are reaching 7–9% annually, with Ola Residences expected to outperform due to its “Private Pool” units.
  • Proximity to Wynn Casino: Being a short drive from the UAE’s first casino resort ensures year-round demand from high-spending tourists and gamers.
  • Golden Visa Eligibility: Purchases at Ola Residences qualify buyers for the UAE Golden Visa, providing long-term residency security for the family.

End Description

Features

Card Down payment: 10%

Card During Construction: 30%

Card On Completion: 60%

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Floor Plan Tab

For: 1 Bedroom Apartment
Starting Price: Call Us
Average Area: 966 Sq. Ft.

Gallery:

Floor Plan

Features & Amenities

Awesome Image BBQ Stations
Awesome Image Yoga Garden
Awesome Image Gym
Awesome Image Padel Courts
Awesome Image Calm Palm Garden
Awesome Image Q1: What exactly is included in the "Fully Furnished" package?
Awesome Image Q2: Is the private pool easy to maintain?
Awesome Image Q3: Can non-UAE residents buy property here?
Awesome Image Q4: Are there storage facilities for guests?
Awesome Image Q5: What is the handover date?

Payment Plan:

Down Payment

During Construction

On Completion

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Starting Price

1,180,000

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Frequently Asked Questions:

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