Bahrain: Eagle Hills Diyar, Nass Cont. sign deal
Piling works are now completed on Marassi Residences as part of the master development’s first phase
Bahrain-based private real estate investment and development company, Eagle Hills Diyar, has awarded a contract to Nass Corporation for the construction of its 875,000m2 luxury residential development, Marassi Residences.
The company, a joint venture between UAE-based developer Eagle Hills and Bahraini group Diyar Al Muharraq, broke ground for the project, which is located in Diyar Al Muharraq, a master-planned city on the northeast coast of the kingdom.
The project wll boast a total of 281 luxurious one-, two-, and three-bedroom apartments in two 11-storey towers, connected to shopping mall, Marassi Galleria, and overlooking the seafront with two kilometres of white sandy beach. Other exclusive amenities include a gym, children and adults’ swimming pools, children’s play areas, and dedicated parking.
Piling works are now completed on Marassi Residences, as part of the master development’s first phase, with construction expected to be completed by the third quarter of 2018.
Dr Maher Al Shaer, managing director of Eagle Hills Diyar, said: "After a competitive tender process among the best contractors in Bahrain, we appointed Nass Contracting as main contractor for Marassi Residences. Marassi Residences will be one of the best places to live, not only within Marassi Al Bahrain and Diyar Al Muharraq, but in the Kingdom of Bahrain as a whole, a bold claim that our finished product will stand behind."
Nass Contracting chief executive, Ghazi Abdulla Nass, said: "As a leading player in the construction industry in Bahrain, we are renowned for the quality and performance at our projects. We are delighted to having been given this opportunity by Eagle Hills where our skills will complement this prestigious development, and we will jointly remain focused to complete this project ahead of time and to the highest standards in terms of quality and safety."
The project's major attraction is its central location, close to all main highways and road networks, and offering convenient access to residents and visitors. It is also adjacent to the waterfront promenade and connected to other major Marassi Al Bahrain facilities, including two new-to-market five-star hotels, The Address Hotels + Resorts and Vida Hotels and Resorts.