GULF HOUSE "Olaia Residences"
Gulf House Real Estate Development · Palm Jumeirah · Dubai
SKID Score6.5 / 10
SKID Score
6.5 / 10
Worth comparing
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: rental yield.
SKID warning
This project appears expensive relative to comparable transactions.
- Published price
- From AED 4.22M
- Payment plan
- Down payment 10%.
- Handover
- Dec 2027
- Available units
- 1–5 beds · Freehold
- Gross yield
- 3.2%
- Fair value
- -16.6%
- Risk
- Medium
- At handover
- 90% at or after handover
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 3.2%
- Fair value
- -16.6%
Last evaluated: 2026-10-07
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.5
| Factor | Weight | Score |
|---|---|---|
Location Waterfront or beach positioning | 26.7% | 7.9/ 10 |
Entry price Launch is -16.6% versus median DLD sale price per sq ft in this community | 20% | 4.4/ 10 |
Supply / competition Busy pipeline: 13 other launches in Palm Jumeirah | 13.3% | 5.0/ 10 |
Appreciation potential Community closed-sale trend is +8.0% year on year | 13.3% | 8.4/ 10 |
Rental yield Implied gross yield is 3.2% against community rents | 10% | 3.8/ 10 |
Delivery risk Handover sits in a typical off-plan window | 6.7% | 8.6/ 10 |
Service charges Service charge published at 23 | 3.3% | 5.5/ 10 |
Exit liquidity 1232 closed sales in the last year in this community | 6.7% | 8.6/ 10 |
Strong
- • Community closed-sale trend is +8.0% year on year
- • Handover sits in a typical off-plan window
- • 1232 closed sales in the last year in this community
Watch
- • Waterfront or beach positioning
Risk
- • Launch is -16.6% versus median DLD sale price per sq ft in this community
- • Busy pipeline: 13 other launches in Palm Jumeirah
- • Implied gross yield is 3.2% against community rents
- • Service charge published at 23
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Gulf House Real Estate Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community read for Palm Jumeirah: location 7.9 / 10, supply 5.0 / 10. Waterfront or beach positioning Amenities mention park Busy pipeline: 13 other launches in Palm Jumeirah
Pricing agent: Launch is -16.6% versus median DLD sale price per sq ft in this community Service charge published at 23 1232 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 3.2% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: rental yield.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Gulf House Real Estate Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 8.6 / 10. Handover sits in a typical off-plan window.
Community
Community read for Palm Jumeirah: location 7.9 / 10, supply 5.0 / 10. Waterfront or beach positioning Amenities mention park Busy pipeline: 13 other launches in Palm Jumeirah
Pricing
Pricing agent: Launch is -16.6% versus median DLD sale price per sq ft in this community Service charge published at 23 1232 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 3.2% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: rental yield.
Payment plan
Payment Plan 90% is due at or after handover. Down payment 10%.
Location
Palm Jumeirah · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-16 | Ready · Apartment | AED 2M | 676 | 2,960 |
| 2026-07-16 | Ready · Villa | AED 31M | 5,000 | 6,200 |
| 2026-07-16 | Ready · Villa | AED 40M | 7,000 | 5,714 |
| 2026-07-15 | Ready · Apartment | AED 5.48M | 1,709 | 3,203 |
| 2026-07-15 | Off-plan · Apartment | AED 18.96M | 4,213 | 4,500 |
| 2026-07-15 | Ready · Apartment | AED 7M | 1,975 | 3,544 |
| 2026-07-15 | Off-plan · Apartment | AED 11.45M | 3,477 | 3,292 |
| 2026-07-15 | Off-plan · Apartment | AED 5.31M | 1,764 | 3,010 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
1–5 beds · Apartments
AED 4.22M – AED 39.33M
1,102 – 8,186 sq.ft
AED 45.53M – AED 80.64M
9,436 – 16,519 sq.ft
AED 86.83M – AED 121.94M
17,769 – 24,853 sq.ft
From AED 128.14M
26,103 sq.ft
From 1102 sq ft / sq m as published
Service charge 23
Amenities
- Concierge Service
- Kids’ Play Area
- Lobby
- Shared Gym & Fitness Centre
- Leisure Areas
- BBQ
- Recreational Areas
- Landscaped Garden
- SPA
- Lift
- Sauna
- Pool Deck
- Sitting Area
- Steam Room
- Lounge
- Meeting Room
- Lavish Sundeck
- Yoga Area
- Security & CCTV
- Coworking Zone
- Valet Parking
- Outdoor Multipurpose Space
- CrossFit Zone
- Rooftop Pool
Compare
GULF HOUSE "Olaia Residences"
From AED 4.22M · ★ 6.5 / 10
Questions about this launch
- Who is building GULF HOUSE "Olaia Residences"?
- Gulf House Real Estate Development is the developer named on this launch.
- When is handover for GULF HOUSE "Olaia Residences"?
- The published handover is Dec 2027.
- What is the starting price of GULF HOUSE "Olaia Residences"?
- The published starting price is AED 4.22M.
- What does the SKID screen mean for GULF HOUSE "Olaia Residences"?
- The SKID screen for this launch in Palm Jumeirah is 96 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.