Ola Residences
Al Marjan Island , Ras Al Khaimah

Ola Residences

Ola Residences is a premium 7-storey residential project located on the iconic Al Marjan Island in Ras Al Khaimah.

Launch Price
1.20m
Handover
Q1 2027
Number of Units
96

Project Overview

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.

Floor Plans

Studio

Apartment

Floor plan
Starting price: On Request
Living area:

1 Bedroom

Apartment

Floor plan
Starting price: On Request
Living area:

View All Floor Plans in One Click

Key points

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

Amenities

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 icon

    Gaming Area

  • Rooftop Lounge icon

    Rooftop Lounge

  • Co-working Area icon

    Co-working Area

  • Kids Playgrounds icon

    Kids Playgrounds

  • Sauna icon

    Sauna

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    Al Marjan Island , Ras Al Khaimah

    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

    Explore the Area

    Explore all future developments around this property

    FAQ

    • Who is the developer of Ola Residences?

      Ola Residences is a complex by Lacasa Living Development.

    • Where is Ola Residences located?

      Ola Residences is conveniently located on Al Marjan Island.

    • What types of real estate are in the project?

      Furnished studios and apartments with 1 bedroom.

    • When will the construction of the Ola Residences be completed?

      The project's completion date is Q1 2027.

    • What payment plans are available to property buyers in Ola Residences?

      The developer offers a 40/60 payment plan.

    • What is the cost of real estate in Ola Residences?

      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).

    • 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.

    • What kind of visa can I get if I buy a property here?

      Buying a residence in the complex from AED 2M (USD 545K) gives you the opportunity to apply for a 10-year Golden Visa.

    • 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, 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.

    • Would Ola Residences be a good place to live in Ras Al Khaimah?

      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.

    • What are the advantages of living on Al Marjan Island?

      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.

    About Metropolitan Premium Properties

    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.

    About Metropolitan Premium Properties
    • 120,000+

      satisfied clients

    • 15 Years

      of market expertise

    • 6000+

      closings on properties

    • AED 15 B+

      in successful luxury investments

    Our Services

    01

    Property Management

    Full property management — from valuation and tenant sourcing to payment control and legal support.

    • Tenant selection and screening
    • EJARI registration and lease renewals
    • Handling technical and legal matters
    Learn more
    02

    Consulting

    Comprehensive corporate and legal support in the UAE — from company registration and bank account opening to visa processing, inheritance and notary services.

    • Company formation and licensing
    • Bank account opening
    • Property gifting & wills
    Learn more
    03

    Escrow and Conveyancing

    Escrow and conveyancing services — full due diligence of the property and parties, payment calculations, coordination with DLD, banks and developers, secure fund transfer and title deed registration.

    • Off-plan and secondary properties
    • Cash and mortgage transactions
    • Remote execution via Power of Attorney
    Learn more
    04

    Property Handover

    Property handover assistance — organizing the handover procedure, verifying property readiness and collecting all required documentation from the developer or seller.

    • Document and property verification
    • Utility connections
    • Collection of handover documents and warranties
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    05

    Snagging Inspection

    Professional snagging inspection before handover — identification of construction defects and supervision of rectification within the warranty period.

    • Inspection of engineering systems
    • Quality control
    • Negotiation with the developer
    Learn more
    06

    Mortgage Assistance

    Full mortgage assistance in the UAE — from selecting the optimal program and obtaining pre-approval to bank coordination and transaction completion.

    • Ready property mortgages
    • Off-plan financing
    • Sharia-compliant programs
    Learn more
    07

    Interior Design

    Comprehensive interior design and furnishing services — from concept and 3D visualization to furniture selection, procurement and full project supervision.

    • Design project
    • Author supervision
    • Furnishing
    Learn more
    08

    Residence Visas

    Complete support with all types of residency visas — from document preparation and medical tests to obtaining the Emirates ID.

    • Property Investor Visa
    • Golden Visa
    • Family Visa
    Learn more

    Our Achievements

    1st place

    Arada Broker Awards 2025

    2nd place

    One Broker Group 2024

    1st place

    The Black Onyx Awards 2024

    2nd place

    Omniyat Broker Awards 2024

    3rd place

    Alhamra Top Broker of the Year 2023

    1st place

    TAG Top Partner 2023

    3rd place

    DAMAC Broker Awards 2023

    3rd place

    IRTH Broker Awards Q3 2024

    What Clients Say About Us

    4.7

    Star
    Мы получили наилучший сервис из возможных! Все в срок, с соблюдением договоренностей, ответственно и профессионально
    In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
    We purchased our house in 2025 through this company, and our experience was truly excellent. Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
    I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
    Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
    It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
    Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
    Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
    I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
    Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову. Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
    A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova. From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
    Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...
    Carys was a pleasure to connect with, she was very professional and fun to work with. She valued, hosted a photoshoot, marketed and rented my apartments all within 2 weeks. Highly recommended to all my family and friends.
    Cary’s Naylor offers outstanding service and is my go to person for investment and property advice. A legue above !
    A breath of fresh air, making our ambitions possible. Working with Carys Naylor. Personable, emphatic and professional to a tee. I’d highly recommend working with Cary’s and being in capable hands you can trust her to expose you to the right options with a well considered solution. Th...