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

Apartments

Floor plan
Starting price: On Request
Living area:

1 Bedroom

Apartments

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

Get professional property guidance

Leave your details, and an advisor will help you choose the right property and navigate the purchase process.

    Thank you for your interest!

    We’ve sent you a confirmation email and will be in touch soon.

    Metropolitan Premium Properties

    Real Estate team

    I’ll guide you step by step so you can make a confident property decision.

    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.

    More about us
    About Metropolitan Premium Properties
    • 18+

      years of experience

    • 7000+

      listings in the database

    • 120+

      industry awards

    • 500+

      agents across all offices

    More about us

    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
    Learn more
    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
    Excellent.
    Raghu’s service has been great.
    I have made very good experiences with Metropolitan Properties. I have worked with Raghu Nair - he is very responsive and available 24/7, he has the right instict for the best units and fights like a tiger to get them for his clients :-)
    Top company, I recommend
    Excellent service from Raghu Nair at Metropolitan Premium Properties. He was professional, responsive, and guided us smoothly throughout the entire process. Highly recommended!
    I recently bought a secondary unit with Raghu. I had a seamless experience and he tries to be as helpful as possible. Would 100% recommend working with them especially for secondary sales.
    Raghu is the best of the best sales person and always doing the close follow up Highly recommended
    I want to share my experience with Mr. Raghu Nair, his excellence in the way to bring exactly what the customer need , his support 24/7 , he can advice with any questions regarding documents, payments, locations . Thank you
    Had a great experience with Metropolitan properties especially with Mr Raghu Nair who is hardworking sincere and honest in his dealings with clients. From assisting in looking out for options to helping get tenants for my apartment to getting mortgage loans, he has been meticulously h...
    Mr Raghu Nair was extremely helpful, courteous, honest and guided us all along to complete the transaction. He answered all our queries and was available 24/7.
    They are the best I had deal with them many times Many Thanks Specifically mr Raghu Nair
    I had an excellent experience purchasing my property in Al Wasl through Metropolitan Premium Properties. A special thanks to Mr. Raghu for the outstanding support throughout the entire process. Mr. Raghu was professional, knowledgeable, responsive, and made every step smooth and stres...
    John Adaya is the best agent I have dealt with. He helped with our communications with the landlord very well, and helped sort the best deal for our stay
    Sevgi Tosun was a fantastic agent. She got me a great deal and managed the entire handover process from start to finish. She was extremely professional and attentive. Highly recommend.
    Thank you for giving us the opportunity to provide our carpet shampoo service. We truly value your trust and look forward to serving you again in the future.