About Manazel Properties in Abudhabi
Manazel concentrated its work on creating residential communities and mixed-use complexes, affordable for middle-income citizens. This is its main trait and a significant contribution to a thriving society on the whole, because Manazel Real Estate succeeded having created a wide scale of properties of decent quality for reasonable prices. It runs business observing the Sharia’s laws.
A rich portfolio of the projects delivered comprises solutions for residential and commercial purpose, retail, hospitality.
In collaboration with the Government Manazel PJSC initiated the Dari program according to which the Nationals can obtain properties using a state loan of AED 2 mln. The developer represented 10 types of villas, adhering a traditional Arabian pattern of family living. Each villa contained 6 or 7 bedrooms, majlis areas and accompanied service rooms. Moreover, it provided post-handover services to the residents including contracts with furnishing, design, gardening and maintenance suppliers with discounts and on advantageous terms.
Manazel PJSC pioneered in developing the first fully integrated residential communities in Abu Dhabi, starting with Al Reef project. It spreads over 1 mln m2 and located not far from Abu Dhabi International Airport. It is designed for 16.000 residents and includes Al Reef Downtown, represented by 46 multistoried buildings, and Al Reef Villas – 2.376 villas surrounding Al Reef Downtown.
Al Reef 2 came in 2014 after successful launch of Al Reef, the 1st phase. New development implies 860 villas arranged into 4 compounds with own public centers, accompanied by essential amenities, as a school, mosques, shops, parks, sports and playgrounds. It lies in Al Samha (Abu Dhabi), near the Abu Dhabi-Dubai highway.
Dunes Village project in Dubai Investment Park evaluated in AED 409 mln, was delivered in 2009. These are 19 5-storied buildings with 942 residential units ranging from studios to 1- and 2-bedrooms apartments.
Ghantoot Waterfront will be developed on the coastal part between Dubai and Abu Dhabi, will cover 1.4 mln m2 and offer 700-800 land lots. The concept implies the construction of a hotel and resort villas with facilities for private yachts and boats and other luxury services.
Manazel constructed twin building complex Prestigious Tower in Abu Dhabi. Now it is hosted the company’s headquarters and besides, provides 55.000 m2 of leasable office spaces.