Olaia Residences
- Under construction · 1% built · handover Q4 2027
- 14 floors
- 6 lifts
- 410 parking bays
- 2 pools
A 2 bed in Olaia Residences costs a median AED 6.64M and rents long-let for AED 172,500/yr (2.6% gross).
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
Is Olaia Residences a good investment?Prices rising; the rent pays below the Dubai median, few units are let and rents are slipping
- Does it pay a good rent?2.6% gross, before the service charge (not on file) (Dubai median 6.8%)2.6%Watch
- 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%.
- Are rents going up?New 2 bed leases: AED 185,000 a year ago, AED 172,500 now-6.8%Watch
- Are prices going up?2 bed: AED 3,897/sqft a year ago, 4,061 now+4.2%Strength
- 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
- Can I sell easily?10 sales in 12 months, 7% of the tower (26 the year before)10Fair
- 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
- 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
Olaia Residences prices and rents by unit typeA two-bed costs about AED 6.64M and rents for about AED 172,500 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Palm Jumeirah · area median AED 2,739/sqft
- 12-month change
- +4.2%
- vs area median
- +48.3%
- Rank by price per sqft
- 13th of 54
Rental income
2 bed · Palm Jumeirah
- Gross yield
- 2.6%
- 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.
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%
- 36 sales
- Previous 12 months
- 4,034
- 0%
- 26 sales
- Last 12 months
- 4,045
- today
- 10 sales
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.
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 activityPlanned 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 supplySupply 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 countedDirect 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.
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
- Olaia ResidencesAED 4,045
- Palm Jumeirah, readyAED 2,663
- Palm Jumeirah, off-planAED 5,539
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Olaia ResidencesPalm Jumeirah median building
- Palm Jumeirah2.6% vs 5.1%
Nearby in Palm Jumeirah
Prices per sq ft around Olaia Residences, on the mapPrices per sq ft around Olaia Residences, on the map
Seven Hotel & Apartments the Palm - A
Palm Jumeirah · 51 sales, 12 months
1.70M
AED, resale median · 3,456/sqft
The Palm Tower
Palm Jumeirah · 32 sales, 12 months
2.58M
AED, resale median · 4,343/sqft
Royal Amwaj Residences North
Palm Jumeirah · 26 sales, 12 months
2.58M
AED, resale median · 2,375/sqft
Serenia Living - Tower 1
Palm Jumeirah · 25 sales, 12 months
8.50M
AED, resale median · 4,541/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
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 rateMonthly 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.
More assumptionsFewer 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.
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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.
For agents
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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
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