Dubai Properties launches sales of Manazel AlKhor
Luxury residential project to complete in mid-2016
Dubai Properties has launched sales of its luxury residential project Manazel AlKhor.
Initially announced at the annual Cityscape Global real estate event in October of last year, Manazel AlKhor is located in DPG’s creek-side Culture Village destination, offering three and four bedroom luxury apartments.
Private sales of the 76-unit low-rise development will be handled from DP’s central sales centre in Business Bay, with an anticipated completion date for the project of mid-2016.
Manazel AlKhor will join a number of other luxury residential and hospitality projects under construction by third party developers in Culture Village, including the luxurious 6 star Palazzo Versace Hotel and D1 Residential Tower.
Staying true to the traditional Arabic theme of Culture Village, Manazel AlKhor will feature local architecture, with shared amenities including a gym, pool.
Speaking about the project, Khalid Al Malik, Group CEO of Dubai Properties Group said: “Due to its prime location in the heart of Culture Village, traditional Arabic theme and waterside living experience, we are confident Manazel AlKhor will prove to be an attractive investment for local, regional and international buyers. Manazel AlKhor is a unique luxury development which will cater to the strong demand we are seeing for spacious, well located residences offering waterside views. ”
Culture Village will be the city’s first creek-side development with residential, commercial, retail, entertainment and cultural components, attracting both international and regional visitors.
On completion, Manazel AlKhor investors will be able to enjoy Culture Village’s retail, entertainment and cultural offerings, including 3.8km of promenade walkways and landscaped features, a traditional-style souk and mixed use complex overlooking the internal canal, and a centrally located marina with mooring and access points along the promenade directly connected to Dubai Creek.
Dubai Properties has appointed contractor Sun Engineering to handle the project.