Olaia Residences in Palm Jumeirah
Olaia Residences · Palm Jumeirah, Dubai
Get Directions
Launch Price
AED 3.2M
Property Type
Mixed-Use
Bedrooms
1 - 5 Beds
Payment Plan
10/40/50
Handover
Q4 2027
Projected Yield
4.9 to 6.7%
Off-plan multiple/other buyers in Palm Jumeirah will find Olaia Residences starting at AED 3.2M. A 10% booking payment secures the unit. Construction-phase instalments total 40%, with the remaining 50% due at handover scheduled for Q4 2027. Tenant demand from business professionals and long-stay residents in prime Dubai supports projected gross yields in the 4.9 to 6.7% range. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 60,952/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 320,000 Due on signing SPA |
|
| During Construction | 40% | AED 60,952/mo 21 monthly instalments |
|
| On Handover | 50% | AED 1,600,000 Due at Q4 2027 |
|
| Total | AED 3,200,000 | ||
On Booking
10%
AED 320,000
Due on signing SPA
During Construction
40%
AED 60,952/mo
21 monthly instalments
On Handover
50%
AED 1,600,000
Due at Q4 2027
Total
100%
AED 3,200,000
Questions about Olaia Residences
What payment plan does Olaia Residences offer?
Olaia Residences uses a 10/40/50 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q4 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Olaia Residences fits your budget and send you comparable alternatives.
Get Free Property Matches
Enter your monthly budget and we send qualifying projects straight to your WhatsApp. Free, no agency fees.