A Kuwait-based Al Zamil International Real Estate Company, leading sharia’h compliant property developers, on Monday announced official ground breaking ceremony on the BD13 million new housing projects Durrat Al Areen, which is a part of the flagship project, Al Areen Development. The housing project will include 128 super-deluxe villas and is scheduled to be completed in mid of 2015.
The Durrat Al Areen project will cover an area of more than 40,000 square meters and will be centrally located within the flagship Al Areen Development Project. It will include three types of villas: nine villas with an area of 360 SQM, 29 villas with an area of 300 SQM and 90 villas with an area of 170 SQM. The luxury villas will be equipped with swimming pools, private parking, and large greenery areas with round-the-clock security.
“We are very proud to commence the construction work on this luxury Durrat Al Areen villa project, another milestone achievement for Al Zamil International in Bahrain. These new villas will help us recognize the potential that new capital can in stimulating the economy of the Kingdom of Bahrain. This was a compelling opportunity for us to invest not only for investment purposes but also in the revitalization and growth of the Bahraini community,” Musllem Mohammad Al Zamil, Chairman and Managing Director of Al Zamil International Real Estate Company, said.
“The ‘Durrat Al Areen’, a new high-quality housing project, is a very significant component of our flagship Al Areen Development Project. The 128 villas belonging to three distinct classes aim to provide the residents of Bahrain and the region with affordable quality housing. We are confident that this landmark project will add to the positive forecasts of growth potential for the Kingdom of Bahrain and will definitely contribute to boosting the country’s economy in the long term,” Esam Janahi, representing the owners of Al Areen Development Project, said.
“Our flagship project, the Al Areen Development, is a highly reputable large-scale investment project that has attracted investors from around the region. Durrat Al Areen is a critical component which has been thoughtfully designed with world-class facilities in a serene environment. We are pleased to have partnered with Al Zamil International Real Estate Company which has more than 25 years of experience in management of such projects,” Mohammed Al Hassan, Board member in Al Areen project said.
“The Durrat Al Areen Project will contribute to the completeness and comprehensiveness of Al Areen Development project overall and the villas within it will be developed to match this concept. Durrat Al Areen 128 villas consist of three types, each one for a different budget. Villas in type A will comprise 4 bedrooms, Type B will comprise 4 -bedrooms villas and Type C will comprise 2 -bedrooms, all fully equipped with the premium facilities,” Mohammed Al Sarhan, Contractor and Project Manager of the project said.