GulfBase Live Support
Leave a message and our representative will contact you soon
19/04/2015 00:12 AST
The construction work at Juffair Heights, a freehold residential project being developed by Pegasus Real Estate in Bahrain, is in full swing and on schedule, said a report.
In a statement, Pegasus Real Estate said more than 2,000 prospective buyers have seen the show apartments at the twin towers development being built by Dadabhai Development and Properties Management Company, reported the Gulf Daily News, our sister publication.
Nearly 85 per cent of the 376 one- and two-bedroom units have already been sold, it stated.
The 28 and 29-storey project was recently voted the best high-rise residential development by the Arabian Property Awards, the report stated.
On the twin-tower project, Pegasus Real Estate managing director Aziz Mithaiwala said it will be completed by mid-2016 and will feature some of the most revolutionary techniques having been applied in the construction process.
Twenty-one slabs have been completed at the South Tower, the first phase of the project, while the second slab has already been laid at the North Tower, the second phase.
Construction on the first common area podium level has been completed and it is at the halfway stage on the second and third levels, said the report.
"Thirty-one different nationalities have been brought into the project, including Bahrainis, other Arabs and expatriates from Bahrain, Saudi Arabia and neighbouring countries," remarked Mithaiwala.
Pegasus plans to showcase the project in a big way at its pavilion during the gulfBID, Gulf Property Show and gulfInteriors event next month.
"Juffair Heights has been well-received across the region for its location, the developer's reputation, well-designed apartments and a host of recreational facilities," said Mithaiwala.
According to him, real-time cameras placed at site have been a huge draw as owners and potential buyers have been able to monitor the progress of work on their computers and smart phones at all times.
Facilities being offered at the project include pools for adults and children, gymnasiums for ladies and gents, indoor and outdoor play areas for children, recreation rooms, in-house theatres and jogging and cycling tracks at the podium level.
"Additionally, landscaped areas with pergolas and walking bridges, virtual-reality golf, indoor football/basketball and cricket facilities, welcoming double height reception areas and four levels of parking have been the biggest attraction for all buyers," he added.
Trade Arabia
05/04/2018
Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa
Arab News
05/04/2018
In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.
A massiv
Arab News
05/04/2018
Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices
The National
05/04/2018
Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re
Times of Oman
05/04/2018
Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i
The Peninsula