Thursday 22 March 2018

Marassi Shores Residences to be ready early next year

MANAMA, February 18, 2018

Eagle Hills Diyar, a leading real-estate investment and development company, said  work on its exclusive Marassi Shores Residences project is progressing ahead of the planned construction schedule with completion expected earlier than July 2019.
Significant headway has been made on the luxury seafront property, which is the second residential complex at Marassi Al Bahrain, even as the new residential destination has witnessed encouraging interest and sales, said the developer. 
The 36,079-sq-m development boasts panoramic sea views and lush green vistas, elegantly designed apartments, and direct access to the project’s two-kilometre beachfront promenade.
Main construction work on the distinctive U-shaped property kicked off last August and the project is due for completion during the third quarter of 2019, said Eagle Hills Diyar, the development company behind the iconic Marassi Al Bahrain project.
The main works contract was awarded to Dadabhai Construction last July 2017, with expected delivery stipulated within 24 months.
Dr Maher Al Shaer, the managing director of Eagle Hills Diyar, said: "Our construction partners have made significant headway over the past few months, exerting great efforts to ensure that building work on Marassi Shores Residences not only meets but surpasses our construction targets."
"Marassi Shores is an integral component of the overall Marassi Al Bahrain development and a prominent destination that will offer ahost of residences, facilities and amenities. It is also a veryambitiousstructureand additional manpower has been brought on site, with up to 900 workers on the ground during peak hours," noted Al Shaer.
"Exceeding our expectations on construction timelines is highly commendable and we are confident that our construction partners will continue to push ahead at this pace to deliver a project of international standards ahead of schedule," he stated.
"Marassi Shores Residences garnered tremendous interest even before it was officially launched onto the market, resulting in encouraging sales. The fast-paced progress on site gives investors that extra layer of confidence and will definitely act as a magnet for potential buyers," said the top official.
"We are determined to work closely with Dadabhai Construction to beat our construction targets and deliver this much-anticipated projectbefore July next year. The subsequent phase will include the first mock-up, which will be ready by March this year, and the opening of our retail offerings by September,” he added.
The 11-storey Marassi Shores Residences features an exclusive collection of 289 beachfront studios and one, two and three-bedroom apartments, as well as penthouses. All feature high quality finishes, floor-to-ceiling windows allowing for ample natural light, and large balconies and terraces offering spectacular views of the sea and surrounding parks. 
Marassi Al Bahrain, the iconic master-planned urban development, rests on the eastern coast of Diyar Al Muharraq and occupies 875,000 sq m of waterfront residential, hospitality, retail and entertainment space. 
Upon completion, it will be home to 22,000 peopleand feature 5,600 residences, as well as a total retail space of 250,000 sq m.-TradeArabia News Service

Tags: Bahrain | Dadabhai Construction | eagle hills diyar | Marassi Shores Residences |

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