Lacasa Living has introduced Ola Residences, a $55 million (AED200 million) residential development located on Al Marjan Island, Ras Al Khaimah. Scheduled for handover in Q1 2027, the project combines contemporary design with stunning coastal views and world-class amenities. Designed for both residents and investors, the fully furnished apartments offer a seamless blend of luxury and practicality, catering to the growing demand for coastal living in Ras Al Khaimah.
- Developer Announcement: Lacasa Living launches Ola Residences, its first boutique residential project, on Al Marjan Island, Ras Al Khaimah.
- Project Overview: The AED200m ($55m) development includes two basement levels, a ground floor, seven apartment floors, and rooftop amenities.
- Apartment Details:
- 96 fully furnished units comprising studios and one-bedroom apartments.
- Studios average 390 sq. ft., while one-bedroom units range from 820 sq. ft. to 1,289 sq. ft. (with private pools).
- Pricing & Payment Plans:
- Prices start at AED1.18m ($321,000).
- Payment structure: 40% during construction and 60% upon completion.
- Design Philosophy:
- Inspired by nature and artistry, the project prioritizes connection, beauty, and functional design.
- Short-term rental readiness with locker storage included.
- Amenities: Rooftop facilities, coastal views, and spaces tailored for relaxation, family memories, and thrilling experiences.
- Partnership: Sales managed by One Broker Group, an award-winning real estate agency.
- Future Growth: Lacasa Living plans six additional projects ready for development, demonstrating an ambitious growth strategy.
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