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Luxury residential project Manazel Al Khor to be handed over in Dubai by summer

25.02.2016
Luxury residential project Manazel Al Khor to be handed over in Dubai by summer
A new luxury residential project in the iconic Dubai Creek area is 70% ready.

Soon Dubai will have another luxury residential complex with a view of a historic Dubai Creek part of the city. One of the largest Dubai developers Dubai Properties announced its project Manazel Al Khor is 70% ready.

Despite the fears some analysts had about the possible oversupply in the Dubai luxury housing market, as imexre.com had previously reported, developers are not going to stop and keep successfully launching and handing over all new projects according to their plan, fully confident in sufficient demand for these units. Thus, luxury housing sector awaits new completion in summer — Dubai Properties will hand over Manazel Al Khor inspired by traditional Arab architecture.

The complex with a total area of about 255,000 square feet will be located in the heart of Dubai, surrounded by green areas and pedestrian walkways. As imexre.com had found out, 98 two, three and four bedroom residential apartments will have great views of the Dubai Creek, while commercial property for shops and restaurants will also be included in a project plan.

3.8 km of sidewalks, alleys and walkways surrounded by greenery will bring residents and guests to the traditional Arab souk market, and a centrally located marina with mooring and access points. In addition, a mixed-use complex with views of the internal canal will also be constructed there. Manazel Al Khor, as well as the entire Culture Village, a part of which this new luxury complex will be, is expected to become a new magnet for tourists and visitors due to its entertainment facilities and cultural component.

Latest Availability
RENT
125,000 / year
Ref.No: OF1209
Office
1,655 ft2
76 AED/ft2
SALE
730,000
Ref.No: AP165
Studio Apt
630 ft2
1,159 AED/ft2
SALE
2,350,000
Ref.No: AP670
1BR Apt
1,308 ft2
0 AED/ft2
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