Al Reef Villas ready for occupation

Manazel Real Estate, one of the Middle East’s leading development companies, known for being specialised in middle income housing communities, has announced the completion and handover of Mediterranean Village and now ready for occupation. Making the announcement, Mohammed Mehana Al Qubaisi — Chairman of Manazel Real Estate says the Al Reef Villas gets ready to welcome a new wave of residents, after adding Mediterranean Village to its roster of finalised developments with the completion of its second and conclusive phase. This includes a total of 516 villas, the first phase of which was handed over in June 2011. Mediterranean Village was completed in December last year, and includes villas in a variety of sizes, from one bedroom to four bedroom units and also five bedroom units that house a back garden, swimming pool and ample parking space. Manazel Real Estate is the first private shareholding company in the Emirates which accumulates its capital through initial offering, in accordance to Shariah law. “Due to its unique architectural design and landscape layout, which incorporates sprawling verandas and beautiful gardens, the compound brings an exotic air of sophistication, synonymous with the Mediterranean Sea, to Al Reef Villas”, says Al Qubaisi. He said that residents of Mediterranean Village will join their neighbours in making use of Al Reef Villas’ many amenities and services, which incorporate a school, a mosque, a community center, and a public park. This, he explains is in addition to a wide variety of retail services and restaurants, as well as round the clock security services both at the entrance of the development and within its vicinity.