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Olaia Residences

A 2 bed in Olaia Residences costs a median AED 6.64M and rents long-let for AED 172,500/yr (2.6% gross).

Satellite view of Olaia Residences, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

6.64MAED

AED 4,061/sqft · +4.2% on a year

Rent a year
AED 172,500
Gross yield
2.6%
vs Palm Jumeirah
48% above the median
Cost to buy, all inAED 7.05M
Price
AED 6.64M
DLD fee 4%
AED 265,741
Agent 2% + VAT
AED 139,515
Trustee
AED 4,200

Fees repaid by rent28 months

Against this building’s registered sales of the same type.

Ask about Olaia Residences →

Is Olaia Residences a good investment?Prices rising; the rent pays below the Dubai median, few units are let and rents are slipping

  1. Does it pay a good rent?2.6% gross, before the service charge (not on file) (Dubai median 6.8%)2.6%Watch
  2. Is it easy to let?14% of units signed a yearly lease in 12 months; the typical Palm Jumeirah building manages 9%14%Watch
    Palm Jumeirah median 9% · top tenth from 47%Olaia Residences · 14%

    Across 18 Palm Jumeirah buildings with 40 or more units, the median signed annual leases on 9% of units in 12 months and the top tenth on 47% or more; Olaia Residences is at 14%.

  3. Are rents going up?New 2 bed leases: AED 185,000 a year ago, AED 172,500 now-6.8%Watch
  4. Are prices going up?2 bed: AED 3,897/sqft a year ago, 4,061 now+4.2%Strength
  5. How fast do fees pay back?AED 409,456 in fees to buy a 2 bed; rent covers it in 2.4 years2.4 yrs
  6. Can I sell easily?10 sales in 12 months, 7% of the tower (26 the year before)10Fair
  7. Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
  8. Did earlier buyers gain?Up 0% for launch buyers, before fees+0.2%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Olaia Residences prices and rents by unit typeA two-bed costs about AED 6.64M and rents for about AED 172,500 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed34 units · 1,118 sqftAED 4.67M4,152/sqftnot yet letnot yet letunder 5 sales in a year3
2 bed56 units · 1,618 sqftAED 6.64M4,061/sqft2.6%-2.3 ptsAED 172,5008 contracts+4.2%5
3 bed47 units · 2,261 sqftAED 8.19M3,788/sqftnot yet letnot yet letunder 5 sales in a year2
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Palm Jumeirah · area median AED 2,739/sqft

vs area median
+48.3%
Rank by price per sqft
13th of 54

Rental income

2 bed · Palm Jumeirah

Median new rent
AED 172,500/yr
Yield vs area median
-2.3 pts
Yield vs Dubai (6.8%)
-4.2 pts
Yield rank
27th of 27
Renewal rent
AED 170,000/yr

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid by year, 2 bed, with fainter bars resting on fewer sales. Too few monthly records in Olaia Residences to draw an honest monthly line.

Chart data, 2 bed: 2025, AED 6,448,888; latest, 2026, AED 6,597,672; peak, 2026, AED 6,597,672.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 4,045 · before fees

Launch, 2025–26
4,035
0%
Previous 12 months
4,034
0%
Last 12 months
4,045
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Palm Jumeirah

Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. Olaia Residences places 21st of 93; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
17Serenia Living - Tower 1Completed 2026 · off-plan 3,250/sqftAED 8.50M4,541+12.3%7.1%+4.7%25
18The Palm TowerCompleted 2021 · off-plan 3,106/sqftAED 2.58M4,343+7.4%5.4%+3.7%32
19Ellington Beach HouseCompleted 2024 · off-plan 4,645/sqftAED 4.87M4,248+5.0%4.5%-17.1%9
20Luce48% · Q4 2025 · off-plan 4,087/sqftAED 11.15M4,071+0.7%——4
21Olaia Residences · this building1% · Q4 2027 · off-plan 4,035/sqftAED 6.62M4,0452.6%+0.3%10
22Serenia Living - Tower 3Completed 2026 · off-plan 3,846/sqftAED 27.25M4,006-1.0%2.2%—3
23Muraba Residences Palm JumeirahCompleted 2016 · off-plan 3,009/sqftAED 8.00M4,004-1.0%4.6%+0.9%7
24The 8Completed 2019 · off-plan 2,291/sqftAED 5.10M3,955-2.2%3.8%+3.1%23
25Serenia Residences Building BCompleted 2017 · off-plan 2,256/sqftAED 6.70M3,909-3.4%3.0%+16.7%9

Rank 1 is the dearest per square foot. Differences are against Olaia Residences (AED 4,045/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Olaia Residences has registered sale prices 48% above the Palm Jumeirah median price per square foot of 2,739 AED, across 54 eligible buildings. It ranks 13th of 54 by price 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.

About Olaia Residences

Olaia Residences is an under-construction (1% built) apartment building in Palm Jumeirah. 36 sales are registered with the Dubai Land Department.

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

Olaia Residences: AED 4,045 per sq ft, 43% above the median Palm Jumeirah building, and a 2.6% gross yield, in the bottom tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Olaia ResidencesAED 4,045
  2. Palm Jumeirah, readyAED 2,663
  3. Palm Jumeirah, off-planAED 5,539
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Olaia ResidencesPalm Jumeirah median building

  1. Palm Jumeirah2.6% vs 5.1%
Line: the 10th to 90th percentile of 50 buildings in Palm Jumeirah. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Palm Jumeirah, by handover quarter

Prices per sq ft around Olaia Residences, on the map
Pills show median sale price, AED. 81 buildings pinned from Google place records and Apple geocoding · Olaia Residences is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Olaia Residences’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
25,849AED
4.5% over 25 years
Monthly rent
14,375AED
AED 172,500 a year
Cash needed at purchase
2,463,647AED
30% down plus AED 470,587 in fees

Owning costs AED 363,084 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 4.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Olaia Residences

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Common questions

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.
Have prices in Olaia Residences risen or fallen?
Median price per square foot moved +4.2% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Olaia Residences compare with Palm Jumeirah?
Its 2.6% gross yield sits -2.3 pts against the Palm Jumeirah median of 4.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
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.

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Olaia Residences sale record

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

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

Stable dataJSON