Manazel Real Estate, a leading UAE developer, has been ranked among the Top Real Estate Companies in the Arab World 2016” by the Forbes Middle East.

The classification for the award was determined by analysing Manazel’s market value, assets, profits and revenue taken from the company’s annual report and Abu Dhabi Exchange stock market website.

The ceremony, ranked the Arab World’s top real estate companies and consultants and celebrated business leaders and the vision of top enterprises and their contribution to the economic development of the Arab world. Manazel Real Estate has been honoured in an exclusive gala dinner in recognition of its achievements and valuable contribution to UAE economy.

Yaqoob Al Doseri, chief executive officer, said: ‘’ This is certainly a proud moment for Manazel. With our strong commitment towards developed real estate projects, those in which have been carefully chosen and executed based on the highest development, planning and sustainability practices. Our projects reflect our rigorous plans for expansion through available business growth opportunities in the new sector of real Estate market.’’

One of the most recent Manazel’s Real Estate projects is ‘Al Reef 2’’ that is scheduled to be delivered during 2017, in addition to the ongoing projects that will be announced soon, a statement said. – TradeArabia News Service