What is the registered annual rent for a 2 bedroom in Olaia Residences?

The median new annual rent is AED 172,500, from 8 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Olaia Residences risen or fallen?

The median new annual rent changed -6.8% in the trailing 12 months against the previous 12, using 8 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

How many apartments change hands in Olaia Residences?

5 sales were registered with the Dubai Land Department in the last 12 months, alongside 8 Ejari rental contracts. Every median on this page rests on those counts.

What is the rental yield in Olaia Residences?

Olaia Residences returns 2.6% gross: a median new-contract rent of AED 172,500 a year (8 Ejari contracts in 12 months) over a price benchmark of AED 6.64M (median of 5 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.

How much does a 2 bedroom in Olaia Residences cost?

The median registered sale price is AED 6.64M (4,061 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

Ejari leases to 12 Oct 2026

Olaia Residences rents

8 new leases and 12 renewals in 12 months
148 units
Palm Jumeirah

A two-bed here leases for about AED 172,500 a year, 20% below the typical Palm Jumeirah two-bed.

2 bed · typical new lease

172,500AEDa year

AED 109/sqft · -6.8% on a year

A month, roughly: AED 14,375
Renewal: AED 170,000
vs Palm Jumeirah 2 bed: 20% below the median
New leases, 12 months: 8

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Buying instead? Olaia Residences sale prices →

What should a lease in Olaia Residences cost?A two-bed leases for about AED 172,500 a year

Type	New lease	Renewal	vs Palm Jumeirah	Leases
2 bed	172,500109/sqft		170,00011 renewals	20% lesstypical 215,000	8

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Palm Jumeirah median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 6.8% less than a year earlier: AED 172,500 against 185,000.

Median annual rent, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
10 Oct 2026	2 bed	1,589	AED 170,000	107	New
17 Sept 2026	2 bed	1,589	AED 245,000	154	New
15 Sept 2026	4+ bed	1,589	AED 176,091	111	Renewal
2 Sept 2026	2 bed	1,589	AED 145,000	91	New
1 Sept 2026	2 bed	1,589	AED 175,000	110	New
1 Sept 2026	2 bed	1,589	AED 165,000	104	Renewal
19 Jul 2026	2 bed	1,589	AED 160,000	101	Renewal
1 Jul 2026	2 bed	1,589	AED 150,000	94	Renewal
22 Jun 2026	2 bed	1,589	AED 150,000	94	New
5 Jun 2026	2 bed	1,589	AED 140,000	88	New

20 contracts starting on or after 12 Oct 2025.

About Olaia ResidencesA 14-floor tower in Palm Jumeirah, a 10-minute drive from Dubai Marina

Olaia Residences is an under-construction (1% built) apartment building in Palm Jumeirah. 20 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors: 14
Lifts: 6
Parking bays: 410
Pools: 2

Drive times · typical

Downtown: 21 min · 20 km
DXB Airport: 25 min · 33 km
DIFC: 17 min · 23 km
Dubai Marina: 10 min · 6.3 km
Palm Jumeirah: 11 min · 5.1 km

Nearest, as registered

Letting a unit in Olaia Residences?14% of units here signed a yearly lease in 12 months, above the Palm Jumeirah median

Units on a yearly lease: 14%Watch; Palm Jumeirah median 9%; top tenth from 47%

Ejari leases to 12 Oct 2026

Thinking of selling? Olaia Residences sale prices →

Comparables in Palm Jumeirah

Every Palm Jumeirah building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Olaia Residences places 42nd of 59; the nearest 8 are shown.

Highest rental yields in Palm Jumeirah →

Rank	Building	Median rent	12-month change	Contracts
38–41	Marina Apartments 3, 4, 5, 6one project rent, 4 towers	AED 210,000	111+2.3%	-4.5%	203
42	Olaia Residences · this building	AED 172,500	109	-6.8%	8
43–44	Granduer Residences-Maurya, Residences-Mughalone project rent, 2 towers	AED 147,500	108-0.3%	-7.8%	42
45–46	Balqis Residence 1, 2one project rent, 2 towers	AED 275,000	107-1.5%	-6.8%	53

Rank 1 is the dearest per square foot. Differences are against Olaia Residences.

At 2 bed, Olaia Residences ranks 26th of 44 by rent per square foot and 27th of 27 by gross yield in Palm Jumeirah.

Market context in Palm Jumeirah

Registered sales activity

748 ready apartment sales in the 12 months to 2026-10-12.

+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.

Explore sales activity

Planned apartment projects

1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.

3 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.

Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.

New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.

How these are counted

Find service-charge budget evidence for Olaia Residences

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Palm Jumeirah

Every building in Palm Jumeirah →

Prices per sq ft around Olaia Residences, on the map

Pills show median annual rent, AED. 49 buildings pinned from Google place records and Apple geocoding · Olaia Residences is the inverted pinOpen in Apple Maps

Marina Apartments 6

Palm Jumeirah · 203 contracts, 12 months

210,000

AED a year median · 111/sqft

Marina Apartments 5

Palm Jumeirah · 203 contracts, 12 months

210,000

AED a year median · 111/sqft

Marina Apartments 1

Palm Jumeirah · 203 contracts, 12 months

210,000

AED a year median · 111/sqft

Marina Apartments 2

Palm Jumeirah · 203 contracts, 12 months

210,000

AED a year median · 111/sqft

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Common questions

What is the registered annual rent for a 2 bedroom in Olaia Residences?: The median new annual rent is AED 172,500, from 8 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Olaia Residences risen or fallen?: The median new annual rent changed -6.8% in the trailing 12 months against the previous 12, using 8 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
How many apartments change hands in Olaia Residences?: 5 sales were registered with the Dubai Land Department in the last 12 months, alongside 8 Ejari rental contracts. Every median on this page rests on those counts.
What is the rental yield in Olaia Residences?: Olaia Residences returns 2.6% gross: a median new-contract rent of AED 172,500 a year (8 Ejari contracts in 12 months) over a price benchmark of AED 6.64M (median of 5 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.
How much does a 2 bedroom in Olaia Residences cost?: The median registered sale price is AED 6.64M (4,061 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

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Olaia Residences rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 8 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts
Canonical record: /rent/apartments/dubai/palm-jumeirah/olaia-residences
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Olaia Residences rents and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/palm-jumeirah/olaia-residences

Stable dataJSON