Reemah Elite Real Estate
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Projects·Ras Al Khaimah·Al Marjan Island
Ola Residences, apartments in Al Marjan Island, Ras Al Khaimah, by Lacasa Living
Off-PlanApartments

Ola Residences

Al Marjan Island · Ras Al Khaimah · by Lacasa Living
Details are indicative, confirm with our desk before transacting
Price from
AED 1.18M
entry price
Bedrooms
Studio-1BR
Apartments
Handover
Q1 2027
Off-Plan
Est. gross yield
On ask

Ola Residences is an apartment development by Lacasa Living in Al Marjan Island, Ras Al Khaimah. The project offers Studio to 1BR homes. Unit sizes run from 390 to 1,263 sqft. Launch pricing starts at AED 1,180,000. The published payment plan is 40/60: 10 percent on booking, 30 percent during construction, 60 percent on handover. Handover is scheduled for Q1 2027. Amenities include gym or health club, swimming pool, kids play area, lawn or garden, barbeque area. Ras Al Khaimah is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 1,180,000
  • 40/60 payment plan
  • Handover Q1 2027
  • Studio-1BR homes
Payment structure
40/60
Modelled on entry price AED 1.18M
Booking / down payment10% · AED 118,000
During construction30% · AED 354,000
On handover60% · AED 708,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Ola Residences: the down payment plus government and trustee costs, before the mortgage question.
Down payment10%
AED 118,000
DLD fee4%
AED 47,200
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 169,700
Down payment 10% + DLD 4% + trustee. Indicative, not financial advice.
Location
Al Marjan Island · Ras Al Khaimah
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LA
Developer
Lacasa Living
Data provenance

Details for Ola Residences are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Lacasa Living’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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