Gulf House Real Estate enters Dubai market with Palm Jumeirah project
Gulf House Real Estate Developer has announced its entry into Dubai's luxury property market with plans to launch its flagship project, Olaia Residences on Palm Jumeirah.
Founded by Eng. Mohammed Mana Sultan Aballala, the company aims to create bespoke homes that cater to individual client preferences while pushing architectural boundaries in the emirate.
Eng. Mohammed Mana Sultan Aballala said: 'As someone who has invested in Dubai property for a long time, I have always had a passion for real estate and an urge to one day launch a real estate company that would push the boundaries of what is currently being done by developing exceptional and iconic properties.
'I also believe that luxury is more than just architecture, which means we will be putting personalised service at the heart of everything we do. From the first conversation to final handover and beyond, we will go the extra mile—ensuring that our clients experience not just a home, but a lifestyle tailored exclusively for them.'
Aballala brings considerable experience to the venture, having held leadership positions in multi-billion-dollar projects across Saudi Arabia and established successful businesses in the cement and mining industries.
In 2022, he sold a villa on Palm Jumeirah for AED280 million, setting a record for the most expensive property transaction in the area.
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