Ola Residences is a premium 7-storey residential project located on the iconic Al Marjan Island in Ras Al Khaimah.
Ola Residences is a premium 7-storey residential project located on the iconic Al Marjan Island in Ras Al Khaimah. The development features 96 fully furnished studios and 1-bedroom apartments, with areas ranging from 382 sq. ft to 1,478 sq. ft. Some units include private pools, offering a unique touch of luxury. Residents will enjoy breathtaking views of the sea and island, as well as direct access to the beach.
Step out of your home and onto a pristine shoreline, where the tranquil sound of waves becomes part of your everyday life.
Close proximity to world-class restaurants and 5-star resorts
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
Gaming Area
Rooftop Lounge
Co-working Area
Kids Playgrounds
Sauna
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Al Marjan Island is an artificial island located off the coast of the Arabian Gulf, and belongs to the emirate of Ras Al Khaimah. It consists of four small sections that were designed to form the shape of a coral. The communities of Umm Al Quwain, Al Hamra Village and Mina Al Arab are adjacent to the island. The Al Marjan Island area offers all the necessary facilities to enjoy the most memorable resort holiday imaginable. Exclusive resorts such as Rixos Bab Al Bahr, Movenpick Resort Al Marjan Island and DoubleTree by Hilton Resort & Spa Marjan Island are located nearby.
Click a pin to see route and travel time
Ola Residences is a complex by Lacasa Living Development.
Ola Residences is conveniently located on Al Marjan Island.
Furnished studios and apartments with 1 bedroom.
The project's completion date is Q1 2027.
The developer offers a 40/60 payment plan.
As of Q1 2025, the minimum cost of a studio is AED 1.2M (USD 326K), of an apartments is AED 2.07M (USD 564K).
Yes, by buying a property in Ola Residences, you can get a residence permit for yourself and your family.
Buying a residence in the complex from AED 2M (USD 545K) gives you the opportunity to apply for a 10-year Golden Visa.
Yes, foreign citizens can buy real estate in Ola Residences, because the community is located in the freehold zone.
Yes - investors can expect steady passive income, with rental prices starting at AED 42K (USD 11K) per year and an ROI of approximately 6% as of Q1 2025. Fully furnished apartments make it convenient for tenants to move in immediately.
Yes - at Ola Residences, residents will be able to lead a luxurious, resort lifestyle. They will have access to the beach, first-class infrastructure and recreational facilities nearby. All this makes the complex a good place to live.
Al Marjan Island is a great place to live, where serenity and amazing infrastructure are perfectly combined. Here you will enjoy life by the sea, while being close to the first casino resort in the UAE. It offers easy access to the center of Ras Al Khaimah and Dubai. The resort atmosphere of the island makes it an exclusive and desirable place to live.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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