
Manazel

About the Company
Manazel Real Estate is one of the leading developers in the United Arab Emirates. The company was founded in 2006 and is currently headquartered in Abu Dhabi. Manazel has developed a strategy and vision in line with the country’s development plans in terms of residential compounds and multi-purpose properties that are designed for residents with a middle income. This has enabled the company to address multiple issues and opportunities that have arisen in the real estate market over the past few years and allowed itself to launch thriving residential communities fully equipped with services and amenities in some of the most convenient locations in the region.
With over 27 years of experience in a wide range of management areas and over 20 years of comprehensive experience in some of the UAE’s leading financial organizations, Mamdouh Fathy serves as the CEO of Manazel Real Estate. Mamdouh has carried out a number of administrative roles as well as supervised various accounting, cash and tax management, forecasting, budgeting, financial management, reporting, and corporate management operations. His experience also includes cooperating with two of the world’s most renowned international companies – PWC and E&Y. In Manazel, Mamdouh deals with various development and real estate service matters, leading the auditing, asset management, and evaluation as well as providing advisory and financial services.
As one of the UAE’s leading developers, Manazel Real Estate pursues strategic investment in both commercial and residential developments that provide a balance between providing sustainable, prosperous communities and ensuring advantageous returns on investment for its stockholders.
Manazel is also known for reducing the difference between prices and quality standards that are frequently interrelated. This has allowed the company to provide multiple affordable real estate options that guarantee comfortable living conditions to its buyers while considering real estate investment rules that have to be adhered to according to Islamic law.
Manazel Real Estate is one of the country’s most prominent architects and real estate investors that not only develops residential and commercial complexes but provides employment opportunities to more and more people, thus supporting the UAE’s internal labor market and economy..
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