New Real Estate Project in the UAE: Ola Residences on Al Marjan Island, Ras Al Khaimah
Lacasa Living, one of the leading developers in the UAE, has announced the launch of a new project, Ola Residences, on Al Marjan Island in Ras Al Khaimah. With a project value of AED 200 million ($54.5 million), it will significantly contribute to the growing demand for residential properties in this prestigious area.
About Ola Residences
Building Configuration:
Two basement levels, a ground floor, seven residential floors, and a rooftop recreation area.
Number of Apartments:
96 fully furnished units, 50% of which are studios, while the rest are one-bedroom apartments.
Apartment Sizes:
- Studios: starting from 36 sq.m.
- One-bedroom apartments: ranging from 76 sq.m. to 120 sq.m., including options with private pools.
Prices: Starting at AED 1.18 million ($321,000). Flexible payment plan: 40% during construction and 60% upon completion.
Handover: First quarter of 2027.
Advantages of Ola Residences
Prime Location:
Al Marjan Island is renowned for its natural beauty, developed infrastructure, and tourist appeal, making it an ideal destination for both living and investing.
Modern Design:
The apartments combine stylish architecture with premium amenities, creating a harmonious space for both work and relaxation.
Rental Potential:
The project is designed for short-term rental readiness, making it highly attractive to investors.
Why Invest in Ola Residences?
- Growing demand for real estate in Ras Al Khaimah.
- Attractive payment terms and rental-ready design.
- Unique architecture and world-class amenities.
Invest with SPI Dubai!
SPI Dubai will help you become a proud owner of real estate in one of the UAE’s most promising regions. We offer:
- Comprehensive services for selecting and purchasing apartments.
- Expert investment advice.
- Support at every stage of the transaction.
Contact us today to learn more about Ola Residences and other lucrative projects!
