Real Estate

The landscaped podium.

The landscaped podium.

Making waves

The Gulf Property Show, which will be held in Bahrain this month, will see the launch of a number of projects, among which is the Amwaj Waves

May 2014

LONA Real Estate Development has appointed Impact Estate to launch Amwaj Waves, a luxury residential complex, at the Gulf Property Show, which takes place at the Bahrain International Exhibition and Convention Centre in Bahrain this month (May 6 to 8).

Substantial progress has been made on the project, with the first two buildings scheduled for opening to the public in February 2015.

Amwaj Waves is set in the heart of Amwaj Islands north of Muharraq island in close proximity to the waterfront and a walking distance to the Lagoon with its array of shops and restaurants. The project comprises two 13- and two seven-storey buildings featuring stunning contemporary architectural design.

“This is a unique and prestigious project, now almost completed, which I am very proud to be involved in,” says Chris Woodrow, Lona’s projects director.

A significant portion of the buildings will be developed as a luxury serviced apartment complex called The Gulf Residence Amwaj, to be operated by the Gulf Hotels Group, which is scheduled to open its doors early next year. The remaining units in the buildings will be for residential sale, with the 13-storey building that boasts 87 spacious apartments – some with stunning sea views – available for purchase by private investors.

The reception at Amwaj Waves.

The reception at Amwaj Waves.

The Amwaj Waves complex will feature a wide range of recreational features, including a 3,500-sq-m landscaped podium, sauna and steam rooms, three gymnasiums, children’s swimming pool, a 230-sq-m adult pool, Jacuzzi, fountains and Koi Ponds, six barbecue areas, jogging track and a children’s play area.

Amwaj Waves offers spacious two- and three-bedroom apartments in addition to four luxurious penthouses.

The development aims to offer its residents the best of both worlds by combining the bustling cosmopolitan lifestyle with an island living experience in close proximity to the waterfront.

While boasting panoramic city and sea views, all apartments have been designed in a modern contemporary style with a focus on quality and functionality. Each unit has a spacious living and dining areas, with large balconies.

There are different layouts and characteristics available to choose from. The two-bedroom apartment vary from 121 to 125 sq m in size, three-bedroom are 174 sq m in area and penthouses offer a total area ranging from 208 to 245 sq m. Special pre-launch prices will be released at the property show and will start at BD92,257 ($244,648) for a two-bedroom unit. The residential freehold building is scheduled for a completion in the third quarter of 2015, with fully furnished show apartments available for viewing from now.

Impact Estate is a subsidiary of Impact and is a privately held full-service real estate company based in Bahrain. Its focus is to provide specialised service and consultancy in the real estate sector. The company’s expertise covers project marketing including feasibility studies, market assessment and project launching, property and building management together with rental activities and tenancy management, commercial and residential property brokerage as well as relocation. The company has a proven track record, having successfully completed numerous projects worth in excess of $200 million for clients.

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