PHOTO
Buyers will be able to pay 50% in year one and 50% on handover
Marassi Shores Residences offer spectacular views of the sea and lush green parks, also overlooking the shopping and entertainment destination Marassi Galleria
Easy access to Marassi Al Bahrain's beach, central park, waterfront promenade's retail and F&B offerings, and other key landmarks
Manama, 22 November 2016
Eagle Hills Diyar, a private real estate investment and development company based in Bahrain, announced the launch of a promotional payment plan for Marassi Shores Residences, a premium beachfront residential offering at Marassi Al Bahrain. The new limited time payment plan offers individual buyers and investors more flexibility, with 50% of the total cost split into three payments over the course of the first year, and the remaining 50% to be paid on handover in September 2019.
Dr. Maher Al Shaer, Managing Director of Eagle Hills Diyar, said: “All Marassi Al Bahrain’s developments have received strong buyer interest from Bahrain across the region, and Marassi Shores Residences is no exception. This payment plan makes the process significantly easier, and makes our properties more accessible to a greater number of prospective buyers. Complementing the wide range of facilities and lifestyle offerings available, we believe this offer will help in giving buyers an added incentive to be a part of the growing Marassi Al Bahrain community.”
The payment plan will be on offer until 31st December 2016. Terms and conditions will apply.
Eagle Hills Diyar recently announced the start of major piling works on Marassi Galleria by German ground-engineering firm Keller Grundbau GmbH. The milestone marks the beginning of construction on Marassi Al Bahrain as planned, with the project on track for delivering a unique master-planned urban development, offering waterfront residential, hospitality, retail and entertainment spaces.
Marassi Al Bahrain is an 875,000 square metre waterfront destination located on the south eastern shores of the master-development Diyar Al Muharraq. The master plan includes several residential projects, such as the announced Marassi Residences and Marassi Shores Residences, directly situated on the main 2 km beachfront promenade, and a two-minute walk to the island’s landmark Marassi Galleria, a 178,000sqm high-end lifestyle and shopping destination, and world-class hotels The Address Marassi Al Bahrain and Vida Marassi Al Bahrain.
Marassi Al Bahrain’s beach is currently open to the public, with the existing food and beverage food trucks available to the public every day from 10am to 6pm.
-Ends-
For more information on Eagle Hills Bahrain and Marassi Al Bahrain, contact:
Julia Atherton-Dandy, PR Consultant, +97339660598, julia@from6.com
Tariq Khonji, PR Consultant, +97339444138, tariq.khonji@from6.com
About Marassi Al Bahrain
Marassi Al Bahrain is a distinguished urban project by Eagle Hills, a private real estate investment and development company, headquartered in Abu Dhabi, as part of a joint venture agreement with Diyar Al Muharraq, the developer of mega-project Diyar Al Muharraq.
The project is set to become the Kingdom’s premiere ‘smart city’, offering luxury homes, high-end shopping, leisure and entertainment. An 875,000 sqm development, the Marassi Al Bahrain master plan includes 5,600 residential units, 250,000 sqm of retail space, and Marassi Galleria, a shopping and entertainment destination. In addition, there will be two world-class hotels The Address Marassi Al Bahrain and Vida Marassi Al Bahrain, 300 branded apartments, a 93,000 sqm central park with play areas for all ages, a 2,000 sqm Sales Centre, two kilometres of sandy beach, and a range of restaurants and cafés.
www.marassialbahrain.com
About Eagle Hills
Eagle Hills is an Abu Dhabi-based private real estate investment and development company focused on the development of new city hubs in high-growth international markets. With a focus on developing large-scale real estate projects, Eagle Hills designs and implements mixed-use facilities. These communities draw on the latest technologies to build smart and sustainable projects that add significant value to the local economy. The company is currently developing projects in Bahrain, Jordan, Morocco, the UAE, Serbia and Nigeria.
© Press Release 2016
