Ola Residence
The facts, verified
About the project
Project general facts Ola Residences is an exclusive residential development that blends contemporary architecture with the natural beauty of its coastal surroundings. Inspired by the flowing forms of the sea and the surrounding mountains, the project offers an elegant collection of thoughtfully designed residences where modern aesthetics meet timeless sophistication. Spacious layouts, panoramic views, and refined interiors create a harmonious living environment that embraces natural light, comfort, and effortless luxury. Residents enjoy a carefully curated selection of amenities designed to elevate everyday living. A spectacular rooftop infinity pool offers uninterrupted sea views, while the state-of-the-art fitness center provides an inspiring setting overlooking the coastline. Additional conveniences, including in-house laundry services and private storage facilities, enhance comfort and flexibility, creating a lifestyle that combines relaxation, wellness, and practical everyday living. The residences are finished with premium Italian materials that reflect the project's commitment to quality, elegance, and contemporary design. Interiors feature refined finishes, modern detai
Amenities
Ola Residence payment plan
| Milestone | Share | On AED 2.19M |
|---|---|---|
| On booking | 20% | AED 439K |
| During construction | 20% | AED 439K |
| Upon Handover | 60% | AED 1.32M |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 438,600 |
| During construction (20%) | ≈ AED 18,275 equivalent per month over 24 months | AED 438,600 |
| Handover (60%) | On completion | AED 1,315,800 |
| RAK Municipality fee (4%) | On handover | AED 87,720 |
| Admin / registration (est.) | On booking | AED 5,250 |
Ola Residence prices and unit mix
Project documents
Al Marjan Island masterplan
Ola Residence location and connectivity
- Public Park Al Marjan Island2.8 km
- Al Marjan Island Beach0.85 km
- Little Captain Nursery0.14 km
- Al Hamra Mall8.6 km
- Ras Al Khaimah International Airport38.4 km
About Lacasa Living
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Lacasa Living is a boutique real estate developer renowned for its unique approach to creating thoughtfully designed spaces and vibrant communities. With a foundation built on the architectural and engineering expertise of over 400 professionals, the company blends creativity, originality, and a deep understanding of…
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All lines →Questions investors ask about Ola Residence
What is the starting price at Ola Residence?
Ola Residence starts from AED 2.19M and runs to AED 2.62M, across 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
What is the Ola Residence payment plan?
20% on booking, 20% during construction, 60% upon handover, worked in dirhams on AED 2.19M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Ola Residence handover?
Lacasa Living lists handover for Q1 2027 , with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Ola Residence?
In Al Marjan Island, Ras Al Khaimah: Public Park Al Marjan Island 2.8 km, Al Marjan Island Beach 0.85 km, Little Captain Nursery 0.14 km. The Al Marjan Island community guide on this site has the registered prices, rents and schools around it.
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 170351011226180193002. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.