CONSTRUCTION WORK ON ‘MARASSI SHORES RESIDENCES’ PROGRESSES AHEAD OF SCHEDULE
Marassi Al Bahrain's second residential complex, the exclusive Marassi Shores Residences, is progressing ahead of the planned construction schedule with completion expected earlier than July 2019. The 36,079-square-metre 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 2017 and the project is due for completion during the third quarter of 2019. Eagle Hills Diyar, the private real-estate investment and development company behind the iconic Marassi Al Bahrain project awarded the main works contract to Dadabhai Construction last July 2017, with expected delivery stipulated within 24 months.
Dr. Maher Al Shaer, Managing Director of Eagle Hills Diyar, commented: “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 a host of residences, facilities and amenities. It is also a very ambitious structure and additional manpower has been brought on site, with up to 900 workers on the ground during peak hours. 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.”
“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. We are determined to work closely with Dadabhai Construction to beat our construction targets and deliver this much-anticipated project before 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,” added Dr. Al Shaer.
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 square metres of waterfront residential, hospitality, retail and entertainment space. Upon completion, Marassi Al Bahrain will be home to 22,000 people and feature 5,600 residences, as well as a total retail space of 250,000 square metres.
Investors can register their interest online at www.eaglehills.com or visit the Marassi Al Bahrain Sales Centre located on-site at Diyar Al Muharraq. For more information and further assistance, please contact +973 7789 0020 from Saturdays to Thursdays, 9am-6pm.