GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C · Selling since 2022 · recent sales mostly off-plan
active per DLD · 1% complete · buildings · 149 units · 1 building
Registered developer: GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C (DLD no. 1612)
Escrow account with First Abu Dhabi Bank · Zoned by Trakhees
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Median annual rent of AED 202,500 across 4,081 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
AED 4,028/sqft
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No registered resales here yet.
Registered DLD sales · medians, not estimates · how we compute this
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Olaia Residences — not an asking price, and not this project’s overall median, which mixes every unit size together.
100% of the 36 sales registered in Olaia Residences in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
The Land Department's register holds 37 sales in Olaia Residences, the earliest registered in 2022. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Price vs. Palm Jumeirah median
+23.7%
Priced above the area's real median — ask why.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
375 m
Palm Jumeirah Mall
466 m
Monoprix
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Palm Jumeirah — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Priced from each tower’s own registered sales, rather than the project median above.
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Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.