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Kanoo and Mukhtar.

Al Saraya to launch two projects at Gulf Property Show

MANAMA, May 11, 2015

Al Saraya Properties, a leading real estate developer, will launch its new 26- and 52-villa exclusive gated communities at the upcoming Gulf Property Show in Bahrain, a boutique showcase for the property development sectors.

The exhibition will take place from May 12 to 14 at the Bahrain International Exhibition and Convention Centre.

Al Saraya Properties’ Al Faridha 2 in Saar, a 26-villa gated community is designed for a relaxed family lifestyle and offered at prices starting from BD120,000 ($318,000), which makes it easily affordable for those benefiting from the social housing programme.

The houses are designed in a tasteful blend of contemporary architecture with trendy modern designs.

“This exclusive gated community offers security and exclusivity, reflecting the warmth of a Bahraini neighbourhood within a modern setting, and in particular after successfully selling, in a fruitful cooperation with the Ministry of Housing, Al Farida 1 units in Almarkh area, as part of the social housing programme,” said Faridha Kanoo.

Al Saraya has also extensively expanded its portfolio in Amwaj Islands with Skoon, a 52-villa gated community, which offers seaside serenity at affordable prices starting from BD260,000 ($689,000) with significant payment facilities including 10 per cent as down payment and 25 per cent after three months and the balance on delivery of the villa.

With four- and five-bedroom apartments, clubhouse facilities, private swimming pools, covered car park and a host of other facilities, Skoon has taken the real estate development to the next level of opulence, a statement said.

Redha Mukhtar, general manager of Al Saraya Properties, said that this is the right time for people to invest in building their dream home.

“In keeping with the spirit of leadership and fundamental understanding of the current market demand, it is the ideal time for people to invest in the real estate sector and we give them the opportunity to do so with projects like Skoon and Al Faridha 2,” he said.

Al Saraya plans to continue catering to this segment, with more affordable housing projects for Bahrainis and GCC nationals planned in the near future such as Al Reem project at Saar, Marsa Mansion and Marasi Towers at Amwaj.

A trendsetter in developing and managing mega-dwelling, commercial and industrial properties since its inception in 1999, Al Saraya has been building dream properties catering to Bahrainis, GCC nationals as well as expatriates.

Providing aesthetic and quality homes, Al Saraya’s portfolio includes luxurious waterfront projects in Amwaj Islands including Al Marsa Floating City, Meena 7, Saraya, Lagoona, Loft, the Dragon Hotel & Resort beside Saraya 1, Sarata Sanad, Saraya Al Basateen and Al Faridha 1 at Almarkh.- TradeArabia News Service




Tags: Bahrain | villas | Al Saraya Properties | Gulf Property Show | gated community |

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