Ola Residences
Ola Residences: Elevated Seafront Living on Al Marjan Island
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.
About the Project
Studio
Area
Apartment with 1 bedroom
Area
Buy Property in Ola Residences
Ola Residences, Al Marjan Island
Listing by
Metropolitan Premium Properties
Ola Residences, Al Marjan Island
Listing by
Metropolitan Premium Properties
Ola Residences, Al Marjan Island
Listing by
Metropolitan Premium Properties
Ola Residences, Al Marjan Island
Listing by
Tatiana Gadzhikurbanova
Ola Residences, Al Marjan Island
Listing by
Tatiana Gadzhikurbanova
Ola Residences, Al Marjan Island
Listing by
Tatiana Gadzhikurbanova
Ola Residences, Al Marjan Island
Listing by
Tatiana Gadzhikurbanova
Ola Residences, Al Marjan Island
Listing by
Maxim Novikov
Ola Residences, Al Marjan Island
Listing by
Metropolitan Premium Properties
Amenities of Ola Residences
Direct beach access
Step out of your home and onto a pristine shoreline, where the tranquil sound of waves becomes part of your everyday life.
Stunning sea and island views
Close proximity to world-class restaurants and 5-star resorts
Get a free consultation from sales team
Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.
About Company
The Metropolitan Premium Properties team will gladly help you resell/rent out your property to generate profit. We will find potential buyers/tenants with the help of our efficient marketing campaigns and handle all the paperwork and operational issues.
120,000
Customers
15 years
Of productive work
Top-5
Best Performing Agencies
>700
People on its team
Economic Appeal of Ola Residences
Ola Residences presents an exceptional opportunity for homeowners and investors alike, offering a blend of luxury living and strong financial potential. Whether you’re looking for a serene place to live, a profitable property to resell, or a reliable source of rental income, this project delivers on all fronts.
AED 42k
USD 11K per year
6%
Real estate types
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.
The strategic location on Al Marjan Island, coupled with the growing demand for luxury properties in Ras Al Khaimah, ensures excellent resale potential. You can sell your property to generate income even at the construction stage.
Ola Residences is ideal for those seeking a luxurious seaside lifestyle. With direct beach access, proximity to vibrant entertainment, and a range of amenities, it offers an unparalleled quality of life for individuals, couples, and small families.
Download brochure
Brochure
PDF 10.55 Mb
Location
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.
About the Al Marjan Island
Style
Mediterranean
Focal point
Exclusive resorts
ACCESSIBILITY
30min
Ras Al Khaimah International Airport
60min
Dubai International Airport
MEDICAL AND EDUCATIONAL INSTITUTIONS
12min
RAK Academy – British School Al Hamra – BSH
12min
RAK Medical Center Al Hamra
15min
Al Ghadeer Kindergarten:9011
15min
Al Afia Medical Center
ENTERTAINMENT
9min
Umm Al Quwain
10min
Al Hamra Mall
14min
Al Hamra Golf Club
16min
Al Hamra Marina & Yacht Club
Project materials
FAQ
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 1.18M (USD 321K), 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.
Get a free consultation from sales team
Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.
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Download brochure
Brochure
PDF 10.55 Mb
Download all floor plans
Floor Plans
PDF 11.44 Mb
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