1. What is Ola Residences in Al Marjan Island?

Ola Residences is a boutique waterfront residential development located on Al Marjan Island in Ras Al Khaimah, offering fully furnished apartments with modern design and sea views.

2. Where is Ola Residences located?

The project is located on Al Marjan Island in Ras Al Khaimah, one of the UAE’s leading beachfront destinations near major upcoming developments such as Wynn Resort.

3. Who is the developer of Ola Residences?

Ola Residences is developed by Lacasa Living, a boutique developer focused on high-end residential projects.

4. What types of units are available in Ola Residences?

The project offers:

• Studios

• 1-bedroom apartments
  Some units also include private pools.

5. What is the size range of units?

Unit sizes start from approximately 382 sq. ft. and can go up to around 1,200+ sq. ft. depending on layout.

6. What is the starting price of Ola Residences?

Prices start from approximately AED 1.18 million depending on unit type and availability.

7. What is the payment plan for Ola Residences?

Typical payment plan:

• 10% down payment

• 30% during construction

• 60% on handover

8. What is the expected handover date?

The expected handover is around Q1 2027.

9. Is Ola Residences a beachfront project?

Yes, the development offers direct beachfront access and panoramic sea views.

10. Does Ola Residences offer furnished units?

Yes, all units are fully furnished with Italian-style interiors and modern finishes.

11. What amenities are available in Ola Residences?

Amenities include:

• Infinity pool

• Fitness center

• Yoga and wellness areas

• Landscaped gardens

• Kids play area

• BBQ and leisure spaces

• Concierge services

12. Is Ola Residences freehold?

Yes, it is a freehold development allowing full foreign ownership.

13. Is Ola Residences a good investment?

Yes, due to its affordable entry price, beachfront location, and proximity to major developments, it offers strong rental yield and capital appreciation potential.

14. Is Ola Residences suitable for end-users or investors?

It is suitable for both:

• End-users seeking affordable beachfront living

• Investors targeting rental income and short-term leasing

15. What makes Ola Residences unique?

It is a boutique low-rise project with fully furnished units, Italian finishes, and some apartments offering private pools, which is rare at this price point.

16. Why is Al Marjan Island attractive for investment?

Al Marjan Island is a fast-growing coastal destination driven by tourism, infrastructure, and upcoming mega projects, making it a strong real estate investment zone.