{"id":10334,"date":"2016-04-10T22:10:44","date_gmt":"2016-04-10T15:10:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=10334"},"modified":"2016-04-10T20:19:56","modified_gmt":"2016-04-10T13:19:56","slug":"manazel-to-start-off-plan-sales-in-amman-property-project-eight-years-after-launch","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-to-start-off-plan-sales-in-amman-property-project-eight-years-after-launch\/","title":{"rendered":"Manazel to start off-plan sales in Amman property project eight years after launch"},"content":{"rendered":"


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\nManazel Real Estate plans to start selling off-plan property at its first overseas project in Jordan about eight years after it was first launched.The Abu Dhabi developer hopes to attract buyers to its Manazel Amman project of 1,600 villas and apartments, which it is building on the outskirts of the Jordanian capital.Manazel, whose projects include Al Reef Villas in the capital and Dune Village in Dubai, said that the 500,000-square-metre gated community development aimed at middle-income Jordanians would also include shops, mosques, gyms, a medical centre and a kindergarten.
\nThe project, Manazel’s second-largest to date, will be launched on the first day of Cityscape Abu Dhabi, which is set to take place from tomorrow to Thursday.Manazel first launched its Jordanian project, then known as Amman Gardens and comprising 1,863 villas, back in 2008. However, the developer was hit by the global financial crisis and forced to delay a number of planned projects.”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,” said Hassan Fahmi, Manazel’s chief executive.
\n“Jordan is experiencing rapid population growth, and Manazel Amman provides affordable housing for residents,” he added.Last year Manazel announced it was considering developing a Dh3 billion tourism project between Abu Dhabi and Dubai.The company is also looking to build a 70,000 sq metre Capital Health Care City hospital and property project in Abu Dhabi and is working on 860 new homes in a new phase of Al Reef villas.
\nlbarnard@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Manazel to start off-plan sales in Amman property project eight years after launch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Manazel Real Estate plans to start selling off-plan property at its first overseas project...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10334","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2GG","jetpack-related-posts":[{"id":52009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-makes-further-cuts-to-planned-jordan-development\/","url_meta":{"origin":10334,"position":0},"title":"Manazel makes further cuts to planned Jordan development","date":"April 16, 2017","format":false,"excerpt":"\r Abu Dhabi-based Manazel Real Estate said it has reduced for the second time the number of homes in its long-awaited housing project in Jordan, its first outside the UAE, because of \"market feedback\". In a statement to the Abu Dhabi bourse, Manazel said it will be marketing 1,253 apartments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-plans-major-tourism-project-in-ghantoot\/","url_meta":{"origin":10334,"position":1},"title":"Manazel plans major tourism project in Ghantoot","date":"February 8, 2017","format":false,"excerpt":"\r Manazel, the property company that built Abu Dhabi's mid-market Al Reef development, said that it plans to press ahead with a tourism venture in Ghantoot on the Dubai border. In a statement to the Abu Dhabi bourse, Manazel said yesterday that it was preparing to launch a tourism project\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-first-half-profit-weighed-by-reorganisation-and-staff-costs-at-abu-dhabi-developer\/","url_meta":{"origin":10334,"position":2},"title":"Manazel first half profit weighed by reorganisation and staff costs at Abu Dhabi developer","date":"August 16, 2016","format":false,"excerpt":"\r Company reorganisation and staff costs ate into first half profits at Abu Dhabi-based property developer Manazel Real Estate.For the six months of 2016, profits at the developer which built Abu Dhabi's mid market Al Reef compound fell 30.5 per cent to Dh31.2 million, down from Dh44.9m a year earlier.In\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-based-manazel-real-estate-reports-29-per-cent-profit-hike\/","url_meta":{"origin":10334,"position":3},"title":"Abu Dhabi-based Manazel Real Estate reports 29 per cent profit hike","date":"February 15, 2016","format":false,"excerpt":"\r \r Abu Dhabi-based developer Manazel Real Estate saw its net profit increase by 29 per cent to Dh195 million in 2015, despite posting flat revenues of Dh740m.The company said that profit increased following a restructuring of its operations, which began in 2014, and through diversification efforts to create more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-manazel-real-estate-approves-bonus-share-after-29-profit-rise\/","url_meta":{"origin":10334,"position":4},"title":"Abu Dhabi developer Manazel Real Estate approves bonus share after 29% profit rise","date":"April 26, 2016","format":false,"excerpt":"\r Manazel Real Estate shareholders approved the distribution of a 4 per cent bonus share after the Abu Dhabi developer reported a 29 per cent rise in full year profits to Dh195 million.The developer said the growth in earnings was driven by a restructuring strategy started in 2014. Revenues were\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-manazel-real-estate-approves-bonus-share-after-profit-rise\/","url_meta":{"origin":10334,"position":5},"title":"Abu Dhabi developer Manazel Real Estate approves bonus share after profit rise","date":"April 26, 2016","format":false,"excerpt":"\r Manazel Real Estate shareholders approved the distribution of a 4 per cent bonus share after the Abu Dhabi developer reported a 29 per cent rise in full-year profit to Dh195 million.The developer said the growth in earnings was driven by a restructuring stra\u00adtegy started in 2014. Revenues were flat\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10334"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10334"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10334\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}