Ola residences marjan island ras al khaima rak by lacasa living developer this is a fantastic investment opportunity for those looking for a hassle free investment or for a second home destination, welcome to ola residences at marjan island, rak.

This boutique development features a 2b + g +7 floors and active roof top boasting a wealth of amenities.

Ola residences features only 96 fully furnished premium apartments, including 48 studios, 42 one bedrooms and a limited collection of one bedroom with private pool on the balcony ( only 6 units).

The project sits on the excellent plot facing the water from one side and the park from the other.

The best part is the financial aspect, where 40% is payable over the construction period and the balance 60% is due by the keys handover, set by january 2027, along with the set opening date of the $ 3.9 billion wynn resort & casino! Ras al khaimah facts & figures :

located on the tip of uae, ras al khaimah enjoys a strategic location within 59 min from dxb international airport.

Rak is within 4 hours flying time to one third of the world’s population making it a strategic location for foreign investment rak offers 100% foreign ownership and profit repatriation with zero income & corporate taxations to investors rak is the 4th largest– in terms of land mass- of the seven emirates that make up the uae rak has a population of 0.4 million and a gdp of $ 11 billion; per capita gdp is $ 28,500 the ruler of rak is his highness sheikh saud bin sqar al qasimi, who is a member of the uae supreme council, the highest constitutional authority in the uae.

Rak is home to over 38,000 business from 100 countries, representing over 50 diverse economic fields.

Marjan island facts & figures :

al marjan is a 4 coral-shaped islands in a man-made archipelago al marjan:

4 islands ( breeze, treasure, dream & view) al marjan covers 2.7 sq km (nearly downtown dubai size- 2.9 sqkm) al marjan has 6 fully operational world-class hotels al marjan has 7.8 km of pristine beaches home to the $ 3.9 billion wynn resorts & casino, opening early 2027 jebel jais flight the world’s longest zipline ( 2,83 km ) jebel jais ( the highest mountain pick in the region with 1,934 m) 1484 by puro ( the uae’s highest restaurant with 1,484 m) ola residences facts & figures :

boutique development (#96 units only) aed 200 million ( $ 54.4 ) waterfront project 2b + g + 7 residential floors + r featuring fully furnished studios, 1br & 1br with private pool kitchens fully equipped ( siemens ) each unit comes with a extra storage locker a plethora of amenities including:

co-working space state of the art techno gym kids play area kids pool area adults infinity pool storage lockers grand lobby lounge health club featuring sauna & steam in house laundry service ( payable ..

Nothing is for free in life isnt? ) anticipated completion date january 2027 ola residences rak configuration:

no.

Of bedrooms size starting prices studio apartments (46#) 382 sqft – 408 sqft aed 1,200,000 1br apartments (#42) 790 sqft – 816 sqft aed 2,100,000 1br apartments + pool (#06) 1,342 sqft – 1,411 sqft aed 3,150,000 ola residences rak payment plan:

10% on booking date 10% in 30 days from booking 5% in 4 months from booking 5% in 8 months from booking 5% in 12 months from booking 5% in 16 months from booking 60% by completion january 2027 this is a superb 40-60 payment plan, where 60% is payable by the completion date.

In other words, the developer is confident and committed to use his own cash to fuel the construction as 40% on is the investors contribution though ought the construction period.

Ola residences marjan island rak :