{"id":43381,"date":"2017-02-08T22:29:34","date_gmt":"2017-02-08T15:29:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=43381"},"modified":"2017-02-08T19:38:07","modified_gmt":"2017-02-08T12:38:07","slug":"manazel-plans-major-tourism-project-in-ghantoot","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-plans-major-tourism-project-in-ghantoot\/","title":{"rendered":"Manazel plans major tourism project in Ghantoot"},"content":{"rendered":"


\nManazel, 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 in the UAE “which is to be considered as one of its major real estate projects within the country”. Mohamed Mehanna Al Qubaisi, the chairman of Manazel Real Estate, said the project was in the licensing stage and would be fully announced at Cityscape Abu Dhabi in April. In 2006, Mr Al Qubaisi said that he planned to develop 2,500 low-cost villas, known as Manazel New City, at the company’s Ghantoot site as the next phase of the Al Reef development.At the time the company said it was looking to establish a joint venture with a prefabricated house builder to build homes quickly and cheaply. Manazel completed 1,818 apartments and 2,376 villas at Al Reef Downtown in 2014 and is expected to complete building 860 villas at Al Reef 2 in Samha, close to Kizad and Khalifa Port, this year.The developer has also completed Dunes Village, 19 five-storey residential buildings in Dubai Investments Park and the 60,158 square metres Capital Mall in Mohammed bin Zayed City in Abu Dhabi.lbarnard@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Manazel plans major tourism project in Ghantoot<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Manazel, the property company that built Abu Dhabi’s mid-market Al Reef development, said that it...<\/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-43381","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-bhH","jetpack-related-posts":[{"id":52009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-makes-further-cuts-to-planned-jordan-development\/","url_meta":{"origin":43381,"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":44113,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-real-estate-profit-rises-16-in-second-half\/","url_meta":{"origin":43381,"position":1},"title":"Manazel Real Estate profit rises 16% in second half","date":"February 14, 2017","format":false,"excerpt":"\r Manazel Real Estate reported a 16 per cent rise in profit during the second half of 2016, following a company-wide restructuring exercise and high take-up of its Al Reef 2 project.The Abu Dhabi-based real estate developer on Tuesday registered profits of Dh175.3 million for the second half of 2016,\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":43381,"position":2},"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":43381,"position":3},"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":[]},{"id":10334,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manazel-to-start-off-plan-sales-in-amman-property-project-eight-years-after-launch\/","url_meta":{"origin":43381,"position":4},"title":"Manazel to start off-plan sales in Amman property project eight years after launch","date":"April 10, 2016","format":false,"excerpt":"\r \r Manazel 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\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":43381,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43381"}],"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=43381"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43381\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}