Ola Residences is a new development by Lacasa Living on Al Marjan Island. The project includes fully furnished apartments with modern design and numerous amenities. Ola Residences combines the comfort of resort life with access to a variety of infrastructure.
40/60
Payment Plan
Q1 2027
Handover
AED 1,180,000
Starting Price
Ola Residences by Lacasa Living is a modern residential development located on Al Marjan Island in Ras Al Khaimah. The developer offers 96 fully furnished residences available as studios and 1 bedroom apartments. The apartments range in size from 378 sqft (35 m²) to 1478 sqft (137 m².
The apartments at Ola Residences by Lacasa Living are equipped with modern kitchen appliances, fitted wardrobes and large balconies offering panoramic views of the Arabian Gulf. Some properties at Ola Residences also have private swimming pools.
Ola Residences on Al Marjan Island is characterized by a large number of amenities. Residents of these apartments in Ras Al Khaimah can enjoy an infinity pool with sea views, a state-of-the-art fitness center, sauna, relaxation lounges and co-working spaces. There are also playgrounds and a swimming pool for children, which makes this complex suitable for family living.
The developer offers favorable terms of purchase of apartments at Ola Residences with interest free 40/60 instalments with 10% down payment.
Al Marjan Island, where Ola Residences is located, is one of the most sought-after areas of Ras Al Khaimah. This man-made archipelago is known for its clean beaches and developed infrastructure. The island offers many recreational facilities including restaurants, shops and sports facilities. Due to its proximity to Dubai International Airport (just 45 minutes away), Al Marjan Island is becoming an increasingly popular destination for tourists and investors.
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
Studio
1-Bedroom
FROM AED 1,180,000 ($321,300)
Total Area: 378 sqft (35 m²)
FROM AED 2,070,000 ($563,600)
Total Area: 820 sqft (76 m²)
FOR YOU & YOUR FAMILY
Investing in Dubai’s real estate offers a path to long-term residency with multiple benefits. A 2-year renewable visa is available for property investments of AED 750,000 ($204,200), granting residency and family sponsorship, and access to the city’s many advantages.
For extended residency, a 5-year visa requires a minimum investment of AED 2,000,000 ($544,500) in fully owned property, held for at least three years. This visa provides family sponsorship and long-term security with renewal options.
The 10-year Golden Visa, also requiring AED 2,000,000 ($544,500), allows unrestricted family sponsorship and offers premium services like healthcare, education, and long-term peace of mind. It is renewable, ensuring stability and flexibility to establish permanent residency.
To qualify for the 10-year Golden Visa, the property must be fully paid, registered in the investor’s name, and meet specific criteria regarding type and location. The 5-year visa has simpler requirements, allowing any property type as long as it’s held for three years.
These flexible visa options support long-term investments and secure your future in Ras Al Khaimah.
Step-by-Step Procedure
Requirements for Applicants
Conditions for A Golden Visa
Frequently Asked Questions
Al Marjan Island is a man-made archipelago located in Ras Al Khaimah. The island is located in the Arabian Gulf and includes four coral-like areas with a total length of about 4.5 kilometres. Due to its picturesque location and developed infrastructure, Al Marjan Island is becoming one of the most popular living and investment destinations in the region.
The main advantage of Al Marjan Island is its unique combination of natural beauty and modern urban comfort. The island is known for its long sandy beaches, crystal clear waters and spectacular views. Residents of properties on Al Marjan Island can enjoy the resort atmosphere all year round.
Al Marjan Island is home to shopping centres such as Al Hamra Mall. It features big name brand shops, supermarkets, cafes and restaurants. The island also offers a variety of gastronomic establishments including international and local restaurants.
Residents can take advantage of hospitals and clinics such as RAK Hospital and Al Hamra Health Centre. For families with children, the international schools GEMS Westminster School and RAK Academy are nearby.
The island is ideal for water sports enthusiasts including kayaking, surfing and diving. Boat trips and fishing are also popular. For outdoor enthusiasts, Al Hamra Golf Club is nearby.
One of the main attractions of Al Marjan Island is the Jebel Jais National Park, home to the world's longest ziplines, the Jebel Jais Flight.
Due to its transport accessibility, Al Marjan Island is becoming increasingly popular as a permanent residence and holiday destination. The island is only 45 minutes from Dubai International Airport and less than 30 minutes from the centre of Ras Al Khaimah.
Al Marjan Island continues to be actively developed. Plans include the construction of new hotels, theme parks and entertainment centres. Already today, the island is home to the major hotels Rixos Bab Al Bahr and Marjan Island Resort & Spa.
Al Marjan Island is not just a tourist destination, but also a promising area for living and investment. Developed infrastructure, transport accessibility and a wide range of entertainment options make it an ideal place for those who prefer comfort and tranquillity away from the noise of the city, but with easy access to the main centres of the UAE.
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The economic attractiveness of Al Marjan Island is due to its strategic location, favourable conditions for investors and developing infrastructure. The island is located in Ras Al Khaimah, a region with an active tourism and residential sector. One of the key factors of economic attractiveness is the support of the government, which actively encourages the development of the real estate market on Al Marjan Island through tax incentives and resident visa programmes for buyers.
The average return on investment (ROI) for apartments on Al Marjan Island is around 6%. In addition, the construction of large-scale projects, such as the Wynn Al Marjan Island resort, is attracting the attention of international investors, which is fuelling house prices. Analysts estimate that ROI could reach 10-15% once these projects are completed.
Al Marjan Island is also attractive due to its resort environment, which is increasing the demand for short-term rentals. Tourists coming on holiday to Ras Al Khaimah choose this area for its beaches, world-class hotels and developed infrastructure. This opens up prospects for property owners in Ras Al Khaimah to earn income from short term rentals throughout the year.
The constant development of the island's infrastructure, as well as its proximity to international airports and popular tourist destinations, make Al Marjan Island a promising destination for long-term investment. Buying an apartment at Lacasa Ola Residences becomes a reliable tool for capital preservation and capital appreciation.
Ola Residences is located on Al Marjan Island, Ras Al Khaimah. This archipelago in the Arabian Gulf is considered a sought-after destination for permanent residences and investments.
Ola Residences on Al Marjan Island offers 96 furnished residences — studios and 1-bedroom apartments. These properties in Ras Al Khaimah range in size from 378 sqft (35 m²) to 1478 sqft (137 m²).
Buyers of apartments at Ola Residences are offered an interest free 40/60 payment plan. The down payment is 10%.
Residents of these apartments on Al Marjan Island can enjoy an infinity pool with sea views, a state-of-the-art gym, sauna, lounge areas, co-working spaces, as well as children's playgrounds and a swimming pool for children.
Ola Residences Al Marjan Island is scheduled to be completed in Q1 2027.
The starting price of a property at Ola Residences is AED 1,180,000 ($321,300).
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