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Manazel to unveil Amman project at Cityscape AD.

Abu Dhabi based developer Manazel Real Estate will launch a mixed-used development, Manazel Amman, at Cityscape Abu Dhabi.

Located close to Queen Alia International Airport , Manazel Amman is the company's first development outside of the UAE and is in line with the company's strategy of providing quality homes for the middle-income segment within a gated community.

Manazel Amman, spread across half a million square meters of real estate, is situated 10 minutes away from Queen Alia International Airport and 25 minutes from the center of Amman.

The new community will include 1600 units with a mixture of apartments and villas divided in two, three and four bedroom units.

A gated community, Manazel Amman will provide security around the clock and year-round maintenance, and will include retail areas, mosques, gyms, pharmacies, a medical center and a kindergarten.

Retail shops will house anchors and recognised brands catering to residents and giving life to the community.

Commenting on the development, Hassan Fahmi, Manazel's CEO said: "We are pleased to launch Manazel Amman at the Cityscape Abu Dhabi. Manazel Amman is Manazel Real Estate 's first step in our strategic expansion outside of the UAE, and we expect strong demand from buyers at the exhibition and beyond."


Fahmi continued: "Manazel Amman provides affordable housing for residents seeking spacious living, a vibrant community and quality facilities within a gated community. Manazel will continue to capitalise on opportunities outside of its UAE home market that support our strategy and provide significant returns for our shareholders."

Manazel Amman will be Manazel 's second largest development to date and geographically diversifies the real estate developer's portfolio.

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Publication:Construction Week
Geographic Code:7UNIT
Date:Apr 10, 2016
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