Kuwait Finance House-Bahrain (KFH-Bahrain) has announced that it has signed an agreement with Eagle Hills Diyar to extend sharia-compliant residential real estate mortgage financing facilities for three major projects within Marassi Al Bahrain. 

 

Spread over a sprawling 875,000-sq-m area in the kingdom, Marassi Al Bahrain offers premium homes, high-end shopping, leisure and entertainment. Its masterplan includes 6,800 residential apartments, 250,000 sq m of retail space and Marassi Galleria, a shopping and entertainment destination. 

 

Marassi Al Bahrain projects feature amenities augmenting the beachfront community living, including onsite gyms, adult and children swimming pools, barbeque areas, outdoor seating and activity areas, children’s play areas, easy basement parking facilities and 24-hour security. 

 

On the deal, Abdulhakeem Alkhayyat, Managing Director and CEO of KFH–Bahrain, said: "We are pleased to renew our strategic partnership with Eagle Hills Diyar, one of Bahrain’s prominent and reputable real estate developers providing total modern residential solutions to clients aspiring to own their dream apartments."

 

"We are also pleased to extend all financing facilities with favourable terms and installment plans to our clients who are seeking to live in Marassi Al Bahrain projects," he stated after signing the deal with Dr Maher Al Shaer, Managing Director of Eagle Hills Diyar. 

 

The three projects - Marassi Residences, Marassi Shores Residences and Marassi Boulevard - are the development’s premium residential offerings, with a varied selection of over 800 units comprising studios and apartments ranging from 1 to 5-bedrooms, including penthouses. 

 

Each residential unit is ready to move in and is elegantly and sensibly designed to cater to different lifestyles according to the highest standards, with unique and attractive interior aspects reflecting the Marassi way of life. 

 

Dr Al Shaer said: "As part of our efforts to become the leading developer of integrated community living, we are pleased to announce the signing of the deal with KFH-Bahrain."

 

"This agreement will enable all prospective buyers to realize their dreams of owning housing units in Marassi Al Bahrain, a prestigious residential development within the kingdom," he stated.

 

The projects, crafted for smart living, aim to provide residents with the best in contemporary living and ultimate convenience when longing for a break from the fast-pace of life. 

 

"Marassi Al Bahrain strives to build a comprehensive community that provides a city living experience within a resort setting. Its’ projects offer an unparalleled experience with a completed infrastructure, beautiful landscaped common areas, and finally, a wide range of amenities and entertainment options to suit all needs," he added.

 

According to him, Marassi Al Bahrain homeowners can enjoy access to world-class F&B offerings and the iconic Marassi Beach and waterfront promenade. 

 

It will be home to some of the top branded hotels, Address beach resort and Vida beach resort.  Residents can also enjoy close proximity to Marassi Galleria, the much-anticipated shopping mall situated in the heart of Marassi Al Bahrain development set to open its doors to the public in 2021.-TradeArabia News Service