Bin Faqeeh Real Estate Investment Company, the leading Bahrain-based property developer, has held a special ceremony where it launched the show villas for Alsidra, its newest residential master development that will be located in the man-made islands of Diyar Al Muharraq.
The ceremony was attended by Faisal Faqeeh, the chairman of Bin Faqeeh Real Estate Investment Company who was named the Visionary of the Year in 2018 by Arabian Real Estate Awards, and His Excellence Engineer Basim Yacob Al Hamer, the Minister of Housing, who took a tour across the units that were showcased at the event.
In his comment on holding the event, Faisal Faqeeh has expressed his gratitude for the Bahraini Minister of Housing for his support and inauguration of the show units of the new residential complex, adding that Bin Faqeeh always seeks to strengthen its partnership with the government sector to provide affordable high quality housing options.
A gated luxury residential development in Diyar Al Muharraq, Alsidra will comprise a total of 452 villas with variant specifications and designs, offering its residents a quality lifestyle with spacious units and vast gardens.
In addition to that, Alsidra will also feature a number of upscale facilities and amenities to meet the needs of its residents.
The first phase of the project will include 88 villas and is due for completion within this year. The developer is almost done with the procedures of issuing their developer license for the project for Bahrain’s real estate regulation authority (RERA).
It is worth mentioning that Bin Faqeeh has signed a strategic sponsorship contract with Gulf Property Show 2019 which will be held next April at City Centre Bahrain in Seef district.