Lacasa Living celebrates the AED 200m sell-out of Ola Residences in Ras Al Khaimah, marking a major luxury real estate milestone.
RAS AL KHAIMAH: Lacasa Living has officially announced the complete sell-out of its flagship project, Ola Residences, at a total asset value of AED 200 million. The achievement marks a landmark moment for the boutique developer, with all 96 units on Al Marjan Island secured by strategic investors. The milestone highlights the project’s strong demand and solidifies its position within the luxury real estate market.
The announcement was commemorated at the Lacasa Living Sales Center, where industry leaders, top-performing brokers, and company representatives gathered in a celebratory spirit. Works on-site are progressing on schedule, with handover set for Q1 of 2027.
Welcoming attendees, Lacasa Living CEO Ahmad Jaber expressed gratitude to the brokers and partners who played an essential role in bringing the vision of Ola Residences to life. His words underscored the themes of teamwork, determination, and a shared drive for excellence.
Among the distinguished guests were OBG representatives Craig English and Daniel Page, who both praised the dedication and persistence behind the project’s success. The event also honoured top brokers with awards, recognising their vital contributions.
Ola Residences itself embodies refined luxury, featuring eight stories of thoughtfully designed living spaces. Studio apartments begin at AED 1.18 million, while one-bedroom units are priced from AED 2.07 million. Complemented by basement levels, a welcoming ground floor, and an exclusive rooftop retreat, the development blends modern elegance with world-class amenities.
Closing the ceremony, Ahmad Jaber once again thanked partners and stakeholders, affirming that Ola Residences is only the beginning of Lacasa Living’s ongoing journey to redefine luxury living in the UAE.
