Pearl Development and Real Estate Company (PDREC) says it had crossed a series of milestones in the construction and sale of its maiden development, the landmark Abraj Al Lulu in Bahrain, ahead of schedule.

Construction on the three towers had crossed the fourth level (plus ground and mezzanine levels) with completion of one million man-hours and sales had crossed the 70 per cent mark with an additional five per cent in advanced stages of closure, PDREC says.
The project is now 17 per cent complete, PDREC officials say.
Conceived, with the active support of the government, the BD95 million ($252.08 million) Abraj Al Lulu is Bahrain’s largest private sector freehold residential development and is aimed at bridging the large demand-supply gap in Bahrain for world-class residential infrastructure.
Spread over an area of 200,000 sq ft (construction site), in a prime location in Bahrain, Abraj Al Lulu project will comprise three multi-storey residential towers offering superior amenities fit for a luxurious life.
The towers will house over 860 state-of-the-art apartments complemented by a four-storey car park that will be able to accommodate over 1,100 cars.
The project is scheduled for completion in March 2008.