Latest news with #MohammedManaSultanAballala
Zawya
29-04-2025
- Business
- Zawya
Gulf House Real Estate launches Olaia Residences in the heart of Palm Jumeirah
Dubai, UAE: Gulf House Real Estate, a premier luxury real estate developer in Dubai, is announcing the launch of its first signature development, Olaia Residences, an exclusive residential project set in the heart of Palm Jumeirah – one of the world's most iconic destinations. Leading UAE brokerage firm, Metropolitan Premium Properties, is the exclusive sales and marketing partner for the project. Positioned on Dubai's most prestigious address, Olaia captures the very essence of waterfront luxury living, boasting panoramic views of the Arabian Gulf, Dubai skyline and private beach access. State-of-the-art amenities will include indoor and outdoor pools (rooftop), a wellness center, a mini-golf, 24/7 security and concierge services. 'Olaia is more than just a residence; it's a living statement, a symbol of elevated living and personal distinction,' said Eng. Mohammed Mana Sultan Aballala, Founder and Chairman of Gulf House Real Estate. 'At Gulf House, we believe exceptional living goes beyond aesthetics which means our developments are designed to deliver personalized service, attention to detail and a seamless experience from purchase through to post-handover care.' Blending architectural brilliance with refined elegance, Olaia Residences offers a limited collection of bespoke duplexes and luxury apartments, crafted to deliver an extraordinary lifestyle where opulence meets serenity. The collection of uniquely designed homes, created for discerning buyers who seek individuality and prestige, boasts a sophisticated design with floor-to-ceiling glass and expansive terraces showcasing uninterrupted views. Palm Jumeirah is synonymous with luxury and grandeur and Olaia Residences is the newest crown jewel within this globally recognized community. Olaia Residences will become a destination where everyday life feels like an escape—where breathtaking sunrises and evenings by the sea become a daily ritual. Maria Karmalova, Head of Exclusive Sales at Metropolitan Premium Properties said: 'From an investment perspective, the Palm Jumeirah community is among the most popular and high-performing in Dubai and it has already helped sell 20% of the project prior to launch. There is a limited availability of new luxury developments on Palm Jumeirah, strong rental demand from high-net-worth tenants as well as excellent resale potential thanks to its central location and prestigious surroundings.' The residences will consist of 1–3 bedroom apartments and 3–5 bedroom duplexes with the price for a 1-bedroom unit starting at AED 3.2M (USD 871K) and the initial price for a duplex at AED 11M (USD 2.9M). There are 18 duplexes on the top floor, with private pool, and 16 on the ground floor with sizes ranging from 2,200 sqft up to 4,000 sqft. The available payment plan is 50/50 with a 10% booking fee. Handover of the project is expected for Q4 2027. Olaia Residences is perfectly situated on Al Ittihad Park, 1.1 million sqft of green oasis where visitors can take relaxing strolls, have a picnic, jog on a 3.2 km track, do yoga or exercise amidst beautiful greenery and a picturesque setting. Olaia is also ideally next to The Palm Monorail, the only public transportation system on the Palm that lets its users explore key destinations such as the Golden Mile Galleria, Al Ittihad Park, Nakheel Mall and Atlantis Aquaventure. The Monorail will also connect residents within minutes to the vibrant city center, providing easy access to five-star hotels, Michelin-starred restaurants, designer boutiques and premier leisure destinations. Gulf House Real Estate is a forward-thinking real estate developer renowned for redefining the landscape of luxury living in the UAE. With a focus on innovation, craftsmanship and lifestyle-centric design, the developer is committed to creating timeless properties that reflect the aspirations of a new generation of homeowners. About Gulf House Real Estate Developer Gulf House Real Estate Development stands at the forefront of luxury living, dedicated to creating iconic residences that challenge architectural conventions and redefine the meaning of elegance. With a commitment to bespoke design, our developments are curated for discerning individuals seeking homes that reflect their personal taste, lifestyle, and aspirations. Our philosophy is simple yet powerful: true luxury is not mass produced—it is tailor-made. We work hand-in-hand with globally renowned architects, interior designers, and artisans to shape residences that offer both aesthetic brilliance and functional perfection
Gulf News
28-04-2025
- Business
- Gulf News
Gulf House Real Estate's Olaia Residences offers luxury waterfront living
Gulf House Real Estate, a premier luxury real estate developer in Dubai, has launched its signature development, Olaia Residences, an exclusive residential project set in the heart of Palm Jumeirah – one of the world's most iconic destinations. Leading UAE brokerage firm Metropolitan Premium Properties is the exclusive sales and marketing partner for the project. Located on Dubai's most prestigious address, Olaia captures the very essence of luxury waterfront living, boasting panoramic views of the Arabian Gulf, Dubai skyline and private beach access. State-of-the-art amenities include indoor and outdoor pools (rooftop), a wellness centre, a mini-golf, 24/7 security and concierge services. 'Olaia is more than just a residence; it's a living statement, a symbol of elevated living and personal distinction,' says Mohammed Mana Sultan Aballala, Founder and Chairman of Gulf House Real Estate. 'At Gulf House, we believe exceptional living goes beyond aesthetics, which means our developments are designed to deliver personalised service, attention to detail and a seamless experience from purchase through to post-handover care.' Blending architectural brilliance with refined elegance, Olaia Residences offers a limited collection of bespoke duplexes and luxury apartments, crafted to deliver an extraordinary lifestyle where opulence meets serenity. The collection of uniquely designed homes, created for discerning buyers who seek individuality and prestige, boasts a sophisticated design with floor-to-ceiling glass and expansive terraces showcasing uninterrupted views. Palm Jumeirah is synonymous with luxury and grandeur and Olaia Residences is the newest crown jewel within this globally recognised community. Olaia will become a destination where everyday life feels like an escape—where breathtaking sunrises and evenings by the sea become a daily ritual. Investment opportunity 'From an investment perspective, the Palm Jumeirah community is among the most popular and high-performing in Dubai and it has already helped sell 20 per cent of the project prior to launch,' says Maria Karmalova, Head of Exclusive Sales at Metropolitan Premium Properties. 'There is a limited availability of new luxury developments on Palm Jumeirah, strong rental demand from high-net-worth tenants as well as excellent resale potential thanks to its central location and prestigious surroundings.' The residences will consist of one- to three-bedroom apartments and three- to five-bedroom duplexes with the price of a one-bedroom unit starting at Dh3.2 million and the initial price for a duplex at Dh11 million. There are 18 duplexes on the top floor, with private pool, and 16 on the ground floor with sizes ranging from 2,200 square feet up to 4,000 square feet. The available payment plan is 50/50 with a 10 per cent booking fee. Handover of the project is expected in the fourth quarter of 2027. Olaia Residences is situated on Al Ittihad Park, 1.1 million square feet of green oasis where visitors can take relaxing strolls, have a picnic, jog on a 3.2km track, do yoga or exercise amidst beautiful greenery and a picturesque setting. Olaia is also next to The Palm Monorail, the only public transportation system on the Palm that lets its users explore key destinations such as the Golden Mile Galleria, Al Ittihad Park, Nakheel Mall and Atlantis Aquaventure. The Monorail also connects residents within minutes to the vibrant city centre, providing easy access to five-star hotels, Michelin-starred restaurants, designer boutiques and premier leisure destinations. Gulf House Real Estate is a forward-thinking real estate developer renowned for redefining the landscape of luxury living in the UAE. With a focus on innovation, craftsmanship and lifestyle-centric design, the developer is committed to creating timeless properties that reflect the aspirations of a new generation of homeowners.
Mid East Info
22-04-2025
- Business
- Mid East Info
Gulf House Real Estate Developer launches to redefine iconic living in Dubai - Middle East Business News and Information
First residential project on Palm Jumeirah to be launched end April Dubai, UAE: Gulf House Real Estate Developer is announcing its entry into Dubai's dynamic luxury real estate market, unveiling a bold vision for crafting iconic living experiences that redefine elegance and sophistication. Gulf House Real Estate Developer will stand at the forefront of architectural innovation, creating properties that will push and elevate the current boundaries of luxury living in Dubai. With the iminent launch of its upcoming flagship project, Olaia Residences on Palm Jumeirah, Gulf House is set to transform the landscape of luxury living in one of the world's most prestigious cities. Founded by Eng. Mohammed Mana Sultan Aballala, a seasoned businessman and investor, Gulf House combines technical expertise with a deep understanding of Dubai's thriving property market. At the core of the company's vision is a belief that true elegance lies in bespoke homes—crafted to reflect the individuality, tastes and aspirations of each discerning client. Eng. Mohammed Mana Sultan Aballala said: 'As someone who has invested in the 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 personalized 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 an impressive portfolio of achievements, including leadership roles in multi-billion-dollar projects across Saudi Arabia and successful ventures in cement and mining industries. In 2022, he sold the most expensive villa on Palm Jumeirah for AED 280 million. Gulf House Real Estate stands at the forefront of architectural innovation, creating properties that reflect individuality, taste and aspirations. With a strong foundation rooted in expertise and a commitment to excellence, Gulf House is poised to become a leading name in Dubai's luxury real estate market. About Gulf House Real Estate Developer: Gulf House Real Estate Development stands at the forefront of luxury living, dedicated to creating iconic residences that challenge architectural conventions and redefine the meaning of elegance. With a commitment to bespoke design, our developments are curated for discerning individuals seeking homes that reflect their personal taste, lifestyle, and aspirations. Our philosophy is simple yet powerful: true luxury is not massproduced—it is tailor-made. We work hand-in-hand with globally renowned architects, interior designers, and artisans to shape residences that offer both aesthetic brilliance and functional perfection
Arabian Business
22-04-2025
- Business
- Arabian Business
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.
Zawya
22-04-2025
- Business
- Zawya
Gulf House Real Estate Developer launches to redefine iconic living in Dubai
Dubai, UAE: Gulf House Real Estate Developer is announcing its entry into Dubai's dynamic luxury real estate market, unveiling a bold vision for crafting iconic living experiences that redefine elegance and sophistication. Gulf House Real Estate Developer will stand at the forefront of architectural innovation, creating properties that will push and elevate the current boundaries of luxury living in Dubai. With the iminent launch of its upcoming flagship project, Olaia Residences on Palm Jumeirah, Gulf House is set to transform the landscape of luxury living in one of the world's most prestigious cities. Founded by Eng. Mohammed Mana Sultan Aballala, a seasoned businessman and investor, Gulf House combines technical expertise with a deep understanding of Dubai's thriving property market. At the core of the company's vision is a belief that true elegance lies in bespoke homes crafted to reflect the individuality, tastes and aspirations of each discerning client. Eng. Mohammed Mana Sultan Aballala said: 'As someone who has invested in the 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 personalized 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 an impressive portfolio of achievements, including leadership roles in multi-billion-dollar projects across Saudi Arabia and successful ventures in cement and mining industries. In 2022, he sold the most expensive villa on Palm Jumeirah for AED 280 million. Gulf House Real Estate stands at the forefront of architectural innovation, creating properties that reflect individuality, taste and aspirations. With a strong foundation rooted in expertise and a commitment to excellence, Gulf House is poised to become a leading name in Dubai's luxury real estate market. For mre information, please visit
