Sunset Hills Project work on target
Manama, October 7, 2007
The infrastructure work is set to start at the Sunset Hills Project, part of $1.3 billion Al Areen development
The $100 million project, which is a joint venture between Abu Dhabi Investment house (ADIH) and Kuwaiti investment firm Sorouh Investments, has successfully completed the first and second phases ahead of schedule.
'We launched Sunset Hills last year with an ambitious timeframe for completion. This latest milestone places us well on track for meeting our targets,' Sunset Hills' newly-appointed chairman Shaikh Mohammed bin Daij Al Khalifa said.
'The interest we have received so far from our clients is highly encouraging and we are confident that Sunset Hills will not only leverage Al Areen's success, but will further enhance its value proposition.'
Scheduled for completion next year, Sunset Hills occupies 200,000sq/m in Bahrain's Al Areen Development, situated in the development's southern gateway.
When it is completed, Sunset Hills will house 300 real estate units, including villas, town houses and luxury apartments.
Multipurpose buildings are also planned for the development.
Additionally, future Sunset Hills residents will benefit from the facilities and attractions around the project such as the renowned Banyan Tree Resort, the Delmon Waterpark, the Bahrain International Circuit, future shopping district and many more.
More Construction & Real Estate Stories
- Work to start on Bahrain beach project
- Damac launches luxury apartments at Expo site
- Kuwaitis top GCC property buyers in Oman
- Rubber World to showcase at Big 5 Saudi
- Tool to help create effective property listings
- 'Smart' move by Dubai Design District
- Drake unit wins $13m contract in India
- Solar-powered cleaning boats launched in Sharjah
- $27m Expo Hotel Sharjah deal signed
- Arabtec unit wins $282m Emaar contract
- Abu Dhabi to host pool & spa expo
- ADCM unit secures $213m bridging loan
- Cluttons Dubai launches new luxury apartments
- Dubai developer Damac profits triple to $641m
- Dubai to start work on $544m water canal
- Dubai property market can absorb 25,000 units
- Jones Lang LaSalle renamed 'JLL'
- Aldar raises synergy estimate from Sorouh merger
- UAE industrial property sector keeps up growth
- Dubai residential property prices up 26pc
- Majid Al Futtaim to build new mall in Dubai IMPZ
- 300 firms to take part in Dubai property forum
- Naseej inks deal to develop Bahrain projects
- Dadabhai unveils new residential project
- Flowcrete completes Dubai Mall project
- Global asphalt demand hits new high
- $1.3bn infrastructure investment firm set up in Saudi
- Manara sees big project villa success
- Global giants eye RAK utility projects
- Cayan partners with international artist Zsuzsanna