Manam unveils Dh175 mn residential project in Dubai

Staff Report

Dubai, UAE

Manam, an Omani real estate developer with over 50 projects successfully delivered, has launched Manam Pearl, a Dh175 million development in Al Furjan, Dubai. The launch marks the developer’s second project in Dubai following the successful completion of the Dh40 million Manam Prime project in Dubai South. Manam Pearl is a 17-storey tower comprising 77 residential units categorised into 22 one-bedroom units, 44 two-bedroom units, and 11 three-bedroom units.

Manam, which boasts a portfolio of 50+ residential and commercial developments delivered, is a family-owned developer helmed by Shabbir Boriyawala, the founder with over 30 years of experience as a civil engineer. His son, Murtaza Boriyawala, serves as the Managing Director, while Khadeeja Bhanpurawala takes over the role of lead architect and creative force behind Manam’s design language.

The developer has another project worth Dh225 million planned in Al Jaddaf.

Shabbir Boriyawala, founder of Manam, said, “We’ve always believed that a home is not just a product, it’s a promise. In Oman, we built that promise through integrity and quality. In Dubai, we bring the same mindset backed by experience, shaped by family, and committed to excellence.”

Residents of Manam Pearl can access a suite of amenities, including a rooftop terrace, open-air cinema, BBQ stations, gym, sauna, lounge areas, and a jacuzzi among others.

The tower’s ideal location in Al Furjan makes it a lucrative investment opportunity. The area recorded real estate appreciation with capital growth of 30 – 35 percent and rental yields ranging between six to eight percent in recent years. The project’s proximity to the metro line and strong infrastructure makes it highly attractive to working professionals, especially from the aviation and logistics sectors. It also offers easy connectivity to landmarks like Expo City and DWC Airport. Investors will also benefit from Manam’s strong partnership ecosystem and Nakheel’s overarching infrastructure support in the community.\

Ends

Also read: Muriya creates waterfront destinations in Oman

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Majid Developments launches Dh120 mn Arlington Park in DLRC

Staff Report Dubai, UAE Majid Developments, a new player in Dubai...

Hilton debuts Tapestry Collection in KSA with Diyar Ajwa

Staff Report Dubai, UAE Global hospitality conglomerate Hilton, in partnership with...

Nawy expands in GCC with SmartCrowd stake acquisition

Staff Report Dubai, UAE Nawy, Africa’s largest proptech company based in...

Permasteelisa Gartner bags façade contract for world’s tallest branded residences

Staff Report Dubai, UAE Developer London Gate has appointed Permasteelisa Gartner...