The Kingdom of Bahrain has witnessed the mushrooming of several high-end real estate projects that offer a luxurious lifestyle to its residents over the past years.
With this spurt in real estate activity, Bahrain has turned into a residential hub that is continuously expanding offering more and more world-class projects.
One of Bahrain’s latest real estate projects to be launched soon is Marassi Shores Residences within Marassi Al Bahrain.
About the project
A seafront project situated on Marassi Al Bahrain’s main 2-km-long beachfront promenade, Marassi Shores Residences project is strategically located near all world-class hotels, The Address Marassi Al Bahrain and Vida Marassi Al Bahrain as well as the ultimate shopping destinations, Marassi Galleria.
A luxury beachfront living, Marassi Shores Residences 11-storeys U-shaped building features 287 studios in addition to one, two, three, and four -bedroom apartments, along with penthouses.
The project’s units are elegantly designed following the highest standards and are characterized with their high ceiling and large windows that offer a seamless flow of natural light into the entire living area.
This high-end project also features top-notch amenities that promote a luxury lifestyle such as gym, adult and children’s temperature-controlled pools, integrated security system as well as a children’s play area.
Prices of units
Prices range from 68,000 BHD for the one-bedroom apartment, 103,000 BHD for the two-bedroom apartment, 193,000 BHD for the three-bedroom apartment and 281,000 BHD for the four-bedroom apartment.
On the other hand, the five-bedroom penthouse price starts from 381,000 BHD.
All units feature state-of-the-art interiors with a fully-equipped kitchen, spacious balconies, high ceilings, large windows and en-suite bathrooms.
Let’s have a look at the project
In a recent press release for Eagle Hills, Abu Dhabi-based private real estate investment and Development Company; it was announced that Dadabhai Construction has won the construction contract of Marassi Shores Residences.
And according to Daniel Hammond, general manager, Eagle Hills Bahrain; the company has great confidence in Dadabhai Construction’s expertise to deliver the project according to the desired specifications and standards.
It is worth noting that the construction of Marassi Shores Residences is due for completion by the third quarter of 2019.
As mentioned by Hammond, upon its completion the project will house 22,000 residents where it is expected to become a major attraction for residents and tourists alike.
Eagle Hills offers an extremely flexible payment plan with affordable monthly payments that fit all of prospect buyers needs.
With a down payment of 5,000 BHD (non-refundable) that will be deducted automatically from the 1st installment, buyers will be required to pay 6 installments over a period of time upon the signing of the contract.
Installments are 15% of the total value of the unit except for the last installment which will be 25% to be paid upon handover.
Info about the developer
Eagle Hills is a UAE-based private real estate investment and Development Company that was founded in 2014.
Even though the company is still considered recent in the market, but it has accomplished a number of significant milestones in the real estate market where the company is now the owner of the most prestigious real estate projects in a number of countries, which investors are rushing to invest in.
Developing mega-projects in Bahrain, Jordan, Morocco, Serbia and United Arab Emirates; Eagle Hills is in full swing when it comes to developing and revitalizing cities and communities in Africa, Eastern Europe, and the Middle East.