Dadabhai Miknas Properties announced plans to launch a new BD17 million freehold residential project - 'Crystal Heights' - in Juffair.
Conceived and designed by Dadabhai Construction and internationally-renowned architects, Crystal Heights will boast of a mixed concept with a unique design structure comprising of turning blocks.
"Regional real estate markets have been witnessing rapid growth partly due to the fact that fast-growing investors are eyeing private residential properties, both in their countries of origin and in the Gulf region," said Dadabhai Construction managing director Shabeer Dadabhai of the development.
"Furthermore, Bahrain is witnessing an unprecedented boom in real estate and infrastructure sector due to vision of the government of Bahrain and the implementation of pro-active policies.
"Through Crystal Heights, we aim to cater to the demands of customers seeking high quality living standards and state of the art facilities and provide them with optimised value for investments.
"Crystal Heights will carry on our tradition of providing 'best of class' luxury at affordable prices as has been with all our products offerings which includes the Elite Luxury Apartments and Hotels."
Spread over a plot area of 24,410 square feet and a building construction area of 322,895 square feet the housing project will be marketed by Pegasus Realty. Habib Modara Consultants will be the lead consultants for the project.
Pegasus Realty managing sirector Hatim Dadabhai said: "We are delighted to be associated with the Crystal Heights project and are confident that through our in-depth market knowledge, we will successfully help market the project among potential investors."
The Crystal Heights project will comprise 150 apartments which include two duplex penthouses. The project is spread over 26 floors with 172 parking bays.
Key facilities and amenities that will form a part of the residential development include a large swimming pool with Jacuzzi, toddlers' pool, plus a ladies and gents executive health club. The project is likely to take two years to complete.
