Real Estate

Lagoona Beach Luxury Resort & Spa Residences ... comprises 100 apartments.

Lagoona Beach Luxury Resort & Spa Residences ... comprises 100 apartments.

News in brief

September 2015

Cluttons to launch Lagoona residences

Cluttons, an international real estate consultancy, has been appointed to launch a new luxury residential complex in Bahrain, offering residents five-star facilities and access to a beach island with serene views.

The collection of 100 luxury apartments at the Lagoona Beach Luxury Resort & Spa Residences, which are available for long lease, are the first of their kind in Bahrain, Cluttons says.

Forming part of the Lagoona Beach Luxury Resort & Spa that is set to open in the fourth quarter (Q4) of this year, the apartments will provide residents with access to exclusive privileges and round-the-clock services including a gym, four swimming pools (one indoor), mixed and ladies spas, water sports activities, squash and tennis courts, plus a unique beach island at the adjacent five-star hotel.

Residents will also benefit from round-the-clock security and concierge service, twice-weekly house-keeping, internet and satellite TV, according to Cluttons.

The Lagoona Beach Luxury Resort & Spa Residences are located in Janabiyah, a five-minute drive from the King Fahd Causeway, with connectivity to the rest of Manama. They offer a contemporary style with fully-furnished studio, one, two and three-bedroom apartments all available for long lease starting from BD500 ($1,325) per month.

Harry Goodson-Wickes, head of Bahrain and Saudi Arabia for Cluttons, says: “The Lagoona Beach Luxury Resort & Spa Residences offer the complete lifestyle experience that simply isn’t available anywhere else in Bahrain. The appeal of the residences is that they offer a stylish solution for tenants seeking convenience combined with year-round refined living, not found in traditional residential environments.”


Al Casaba Villas ‘on track’

Maskan Arabia Investment and Development Company, a leading construction real estate developer, says its Al Casaba housing project in Riyadh, Saudi Arabia, is on track, with around 25 per cent of the work completed.

 The ‘Al Casaba Villas’ project valued at SR300 million ($79.9 million), spans an area of 30,000 sq m located northwest of Riyadh in Al Thagar District on Salbouk Road. The prospective owners have two options to choose from in terms of villa sizes – the inner villa has a built-up area of 500 sq m, and the corner villa covers 600 sq m.

Inspired by Arab architecture, each villa has two and half-storey, and is equipped with two car parking spaces, underground water tank, separate driver’s room, infinity swimming pool, water features and perimeter fence.

Work on the project, which started in May last year, is set for completion and delivery in March next year.

The project is primarily tailored for the Saudi family that aspires for modest yet quality homes. In line with Islamic customs and traditions, the villas will provide owners with utmost privacy which is evident in the arrangement and separation of entrances and exit gates, as well as the distribution of living rooms, guest rooms, and outdoor areas.

 “The objective of the project is to develop comfortable, safe, elegant, durable and energy efficient home for Saudi family who at the same time, dreaming of living in a quiet and relax environment,” a spokesman for Maskan Arabia points out.


TDIC seeks contractors for Saadiyat villas

Abu Dhabi’s Tourism Development and Investment Company (TDIC) last month invited pre-qualification bids from contractors with corresponding experience for the construction of a residential villas development on Saadiyat Island in the UAE emirate.

The project entails the construction of a gated villa community with facilities and gatehouses/boundary walls. The project’s scope also includes structural, architectural works, mechanical, electrical and plumbing (MEP) works, finishes, testing/commissioning, external works, hard/soft landscaping and integration/completion of pre-existing utility connections and infrastructure. The contractor will be responsible to obtain all necessary authority permits and approvals. The deadline for submission of the pre-qualification documentation (PQD) was August 19.

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