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Manazel to deliver Al Reef 2 Phase one villas next September

UAE - December 26, 2016
Al Reef 2

Manazel Real Estate has announced it will begin delivering Phase one villas in Al Reef 2 next September.

Al Reef 2 includes 860 duplex villas, recreational facilities, and shopping malls.

The project spreads across 465 thousand square meters on the Abu Dhabi-Dubai Road.

It is also close to Khalifa Port and the Sheikh Khalifa Industrial Zone.

The remaining 660 villas will be delivered throughout 2018.

Mohammed Muhanna Al Qubaisi, Chairman of the Board of Directors, said: “Manazel will offer the project’s 860 villas over two phases. Phase one completion rates have reached about 70%, while Phase 2 completion rates range between 40-45%.”

Al Qubaisi added: “Al Reef 2 features two types of duplex villas. One consists of 3 bedrooms while the other consists of two bedrooms and a living room. The total area of all villas is approximately 2330 square feet, including two parking spaces.”

The company had launched Al Reef 2 in November 2014.

It then launched Phase two at Cityscape Abu Dhabi 2015 with prices starting from AED 1.7 million for first phase villas and AED 1.8 million for second phase villas.

Al Qubaisi also indicated that villa prices are competitive considering how the project incorporates luxury and convenience while meeting the needs of a contemporary lifestyle.

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