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Ola Residences, Al Marjan IslandOff-plan

Ola Residences, Al Marjan Island

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HIGHLIGHTS

About Ola Residences

Ola Residences is an off-plan residential tower in Al Marjan Island, Ras Al Khaimah. It is one of the latest projects by Lacasa Living, offering studio and 1-bedroom apartments. Units can be booked with a 10% down payment.

The project will feature various amenities, including an infinity pool, a gym, a spa, a pool bar, a kids’ play area, a barbecue deck and a private cinema room. Handovers are expected in Q1 2027.

Al Marjan Island is a man-made archipelago, renowned for its luxurious resorts, pristine beaches and vibrant waterfront lifestyle. Comprising four coral-shaped islands, it offers a mix of leisure, adventure and upscale living. Residents can also enjoy benefits of living in Al Marjan Island like easy access to shopping, dining and watersports options.

In a Nutshell

  • Type of building: Residential
  • Expected date of completion: Q1 2027
  • Location: Al Marjan Island
  • Developer: Lacasa Living
  • Unit type: Studio and 1-bedroom apartments
  • Amenities: Gym, pool, play area and private cinema
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BUILDING DETAILS

Payment Plan

Ola Residences has the following payment plan:

INSTALMENT%PAYMENT
Down Payment 10%
During Construction 30%
On Handover 60%

Key Takeaways:

  • Booking can be made with a 10% down payment.
  • 30% of the amount will be paid during construction.
  • 60% will be paid at the time of handover.

Expected Completion Date

The expected completion date of Ola Residences is Q1 2027.

Facilities in Ola Residences

IN-HOUSE FACILITIES

The project will offer modern facilities, including an infinity pool, a pool bar, a kids' play area, a barbecue deck and a cinema. For fitness, there will be a yoga deck and a gym in Ola Residences.

PARKING

There will be covered parking in Ola Residences. 

ELEVATORS

Multiple high-speed elevators in Ola Residences will provide quick access to all floors. 

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

Ola Residences will have security and maintenance personnel to ensure the safety and convenience of residents.

Apartment Types in Ola Residences

Ola Residences, Al Marjan Island will offer studio and 1-bedroom apartments.

STUDIO APARTMENTS IN OLA RESIDENCES

Studio apartments in Ola Residences will have a fitted kitchen, living/dining area, balcony and bathroom. These units will have an area of around 390 sq. ft.

1-BEDROOM APARTMENTS IN OLA RESIDENCES

1-bedroom apartments in Ola Residences will have a fitted kitchen, a living/dining area, a balcony and two bathrooms. Some units will also have a pool. They will have an area from 820 sq. ft. to 1,289 sq. ft.

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NEARBY AMENITIES

Transportation near Ola Residences

Residents can reach Sheikh Mohammed Bin Salem Road (E11) within 6 minutes. People relying on Ras Al Khaima’s public transportation can use buses and taxis.

BUS STATIONS NEAR OLA RESIDENCES

RAKEZ bus stop is a 32-minute drive from the location. One can board bus R-Up from this station. It is the nearest station to use the Ras Al Khaimah bus service.

Restaurants near Ola Residences

Residents will find the following restaurants near Ola Residences: 

  • Al Forno
  • Le Bistro Restaurant
  • Panda Grill Restaurant

These eateries are located within a 6-minute drive, serving Italian and International cuisines.

Supermarkets near Ola Residences

Famous supermarkets near Ola Residences include: 

  • Leptis Fresh Supermarket
  • PD Retail 2
  • Broadwalk Bab Al Bahr

These stores are located within a 10-minute drive.

Nearby Attractions

  • Al Marjan Island Beach Avenue
  • Al Marjan Island Broadwalk
  • Dreamland Aqua Park

AL MARJAN ISLAND BEACH AVENUE

Al Marjan Island Beach Avenue is a vibrant waterfront promenade that stretches along the scenic coastline of Ras Al Khaimah. Designed for leisure and luxury, it features palm-lined walkways, boutique retail outlets, gourmet restaurants and stunning views of the Arabian Gulf. It is a 3-minute drive from the location.

AL MARJAN ISLAND BROADWALK

Al Marjan Island Boardwalk is a picturesque coastal pathway that invites visitors to enjoy the beauty of Ras Al Khaimah’s waterfront. It offers unobstructed views of the Arabian Gulf and connects luxury resorts, cafes and leisure spots in a seamless flow of relaxation and recreation. It is reachable within 5 minutes.

DREAMLAND AQUA PARK

Dreamland Aqua Park, nestled along the scenic coastline of Umm Al Quwain, is one of the best water parks in the UAE. Opened in 1997, this park has become a beloved destination for families and thrill-seekers alike. It offers more than 30 exhilarating attractions and is a 16-minute drive away.

FAQs

WHAT WILL BE THE APARTMENT TYPES IN OLA RESIDENCES?

Ola Residences will offer studio and 1-bedroom apartments.

WHO IS THE DEVELOPER OF OLA RESIDENCES?

Ola Residences is a residential project by Lacasa Living.

WHEN IS THE OLA RESIDENCES EXPECTED TO BE COMPLETED?

Ola Residences is expected to be completed in Q1 2027.

IS OLA RESIDENCES A GOOD INVESTMENT?

Yes, it is a good investment opportunity. You can also check TruEstimate for a better understanding.

Featured image credit: Lacasa Living

 
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