Olaia Residences

Off-Plan

DeveloperGULF HOUSE REAL ESTATE DEVELOPMENT L.L.C

CommunityPalm Jumeirah

AreaPalm Jumeirah

Started

2 years 5 months ago08-08-2023

Handover

In 1 year 11 months31-12-2027

Status

1% BuiltIn Progress

Project Description

2B+G+10+Roof

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-10%

Decline

Current:AED 3,863/sqft

Last 12M:AED 4,277/sqft

Momentum: Last 12Mvs Prior Year

Rising

+8%

Growth

Last 12M:AED 4,277/sqft

Prior Year:AED 3,966/sqft

Community Compare: Last 90DPalm Jumeirah

Premium

+17%

Above Avg

Project:AED 3,863/sqft

Community:AED 3,306/sqft

Liquidity: Last 12MExit Speed

Moderate

14%Turnover

21Sold (Last 12M)

Supply & Demand Matrix

Olaia Residences averaged 14% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

34 units

1 sold33 left

Velocity

2 Bedrooms

56 units

6 sold50 left

11%

Velocity

3 Bedrooms

47 units

11 sold36 left

23%

Velocity

4 Bedrooms

9 units

2 sold7 left

22%

Velocity

5 Bedrooms

2 units

1 sold1 left

50%

Velocity

Shop

1 units

0 sold1 left

Velocity

Layouts & Units (149)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 12 units	Type Flat	Beds 3 B/R	Size 2,163 sqft	Avg Price AED 8.4M	Last Price AED 7.9M	Last Sold 29 days ago	Sales 5

Units 6 units	Type Flat	Beds 2 B/R	Size 1,638 sqft	Avg Price AED 6.6M	Last Price AED 6.8M	Last Sold 30 days ago	Sales 3

Units 3 units	Type Flat	Beds 2 B/R	Size 1,636 sqft	Avg Price AED 6.6M	Last Price AED 6.6M	Last Sold about 2 months ago	Sales 1

Units 15 units	Type Flat	Beds 2 B/R	Size 1,644 sqft	Avg Price AED 6.6M	Last Price AED 6.7M	Last Sold about 2 months ago	Sales 2

Units 917	Type Flat	Beds 5 B/R	Size 4,306 sqft	Avg Price AED 21.7M	Last Price AED 21.7M	Last Sold 5 months ago	Sales 1

Units 8 units	Type Flat	Beds 2 B/R	Size 1,610 sqft	Avg Price AED 6.2M	Last Price AED 6.2M	Last Sold 5 months ago	Sales 1

Units G05	Type Flat	Beds 3 B/R	Size 2,981 sqft	Avg Price AED 13.4M	Last Price AED 13.4M	Last Sold 6 months ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 2,192 sqft	Avg Price AED 8.3M	Last Price AED 8.3M	Last Sold 6 months ago	Sales 2

Units 7 units	Type Flat	Beds 3 B/R	Size 2,260 sqft	Avg Price AED 11.1M	Last Price AED 11.1M	Last Sold 6 months ago	Sales 3

Units 901	Type Flat	Beds 4 B/R	Size 2,999 sqft	Avg Price AED 14.4M	Last Price AED 14.4M	Last Sold 6 months ago	Sales 1

Units 2 units	Type Flat	Beds 4 B/R	Size 3,046 sqft	Avg Price AED 14.6M	Last Price AED 14.6M	Last Sold 6 months ago	Sales 1

Units 14 units	Type Flat	Beds 1 B/R	Size 1,118 sqft	Avg Price AED 4.6M	Last Price AED 4.5M	Last Sold 6 months ago	Sales 2

Units 3 units	Type Flat	Beds 3 B/R	Size 2,305 sqft	Avg Price AED 8.9M	Last Price AED 8.9M	Last Sold 7 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,626 sqft	Avg Price AED 6.4M	Last Price AED 6.4M	Last Sold 7 months ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 2,272 sqft	Avg Price AED 11.1M	Last Price AED 11.1M	Last Sold 7 months ago	Sales 1

Units 105	Type Flat	Beds 1 B/R	Size 851 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 7 months ago	Sales 1

Units 14 units	Type Flat	Beds 1 B/R	Size 1,125 sqft	Avg Price AED 4.8M	Last Price AED 4.8M	Last Sold 7 months ago	Sales 2

Units 7 units	Type Flat	Beds 2 B/R	Size 1,599 sqft	Avg Price AED 6.1M	Last Price AED 6.1M	Last Sold 7 months ago	Sales 1

Units 216	Type Flat	Beds 2 B/R	Size 1,605 sqft	Avg Price AED 5.6M	Last Price AED 5.6M	Last Sold 7 months ago	Sales 1

Units RETAIL	Type Shop	Beds —	Size 732 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 1 B/R	Size 679 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds 1 B/R	Size 902 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 1 B/R	Size 965 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 1 B/R	Size 1,102 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 1 B/R	Size 1,137 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,558 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,569 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,582 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,589 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 207	Type Flat	Beds 2 B/R	Size 1,762 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 2,239 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 2,255 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 206	Type Flat	Beds 3 B/R	Size 2,281 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 2,323 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 907	Type Flat	Beds 3 B/R	Size 2,916 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 916	Type Flat	Beds 3 B/R	Size 2,931 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G06	Type Flat	Beds 3 B/R	Size 2,954 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 2,958 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G09	Type Flat	Beds 3 B/R	Size 2,971 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 918	Type Flat	Beds 3 B/R	Size 3,000 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 905	Type Flat	Beds 3 B/R	Size 3,007 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 904	Type Flat	Beds 4 B/R	Size 2,984 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Flat	Beds 4 B/R	Size 3,873 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds 4 B/R	Size 3,902 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 4 B/R	Size 4,055 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G12	Type Flat	Beds 4 B/R	Size 4,410 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 906	Type Flat	Beds 5 B/R	Size 4,125 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

47 unique layouts covering 149 units