Project consists of 65 villas, 49 beach houses, a five star hotel, a residential icon tower
Following the inauguration of its first phase, Reef Island Project, owned by the real estate development leader Lulu Tourism, is attracting unprecedented interest from various property investors and companies.
The Manama-based project is a unique seafront leisure island offering exclusivity, comfort and luxury.
Reef Island, the most luxurious project in Bahrain, consists of 65 scenic villas, 49 beach villas, a five star hotel and a residential icon tower. It also includes 39 luxurious residential buildings, only three of which will be developed by Abu Dhabi Investment House.
The project will also contain an all-inclusive shopping mall, the most up to date medical centre, six lavish parks, a private marina, a state of the art spa village and a yacht club. The project's sales and marketing manager, Ernest Fleihan said: "The project development is being carried out in two phases; the first phase is kicked off in July 2007 and is scheduled for completion in 2009, while the second phase is scheduled to commence mid-2008 and is scheduled for completion in 2010. The first phase contract was awarded to Al Hamad Contracting Company."
Fleihan added: "With Reef Island, we are working on introducing premium lifestyle concepts by incorporating several features like a serene environment which boasts of 20 per cent green spaces out of the total 6.23 million square feet area. The intricate fusion of Far Eastern design with a contemporary spirit creates a magical exterior where each building is a work of art with unmatched craftsmanship.
The Master Planner has shaped the island as an icon for residential developments in Bahrain. It preserves individuality and is a true reflection of inner beauty."
The Island is strategically located because of its close proximity to the airport, the Bahrain Financial Harbor, and central Manama.
Reef Island is a 50:50 joint venture between Bahrain Government and Mouawad Property Development Group represented by Lulu Tourism which owns and manages the overall project.
© Bahrain Tribune 2007
