INTRODUCING WATER BAY
THE NEW RESIDENTIAL COMPLEX IN BAHRAIN BAY BY BIN FAQEEH REAL ESTATE INVESTMENT COMPANY.
Bahrain Bay Development welcomes a new investor on board, Bin Faqeeh Real Estate Investment Co. The leading property firm in Bahrain has purchased three land parcels for its new residential complex project titled â€˜Water Bayâ€™ the first of its kind to be constructed in the landmark development of Bahrain Bay.
The mixed-use project which spreads over 15,000 sqm in Bahrain Bay was launched at a spectacular ceremony held at the Four Seasons Hotel on the 12th of September 2015. Water Bay, the stellar oasis of luxury, will feature three distinct 10-storey residences with around 600 luxury apartments, a retail floor and a common basement car park extending below the buildings and also the roads between the parcels. Located on the north shore of the Bay and separated from the Bay only by the Bahrain Bay promenade, the apartments in Water Bay will have spectacular views onto the Bay, including the Four Seasons resort, the new Avenues development and the Bahrain World Trade Centre. The first of the three residences has an expected date for completion in 2017 and the development will be enhanced by a host of leisure facilities such as swimming pools, gymnasia, saunas as well as a wide range of supporting and restaurant outlets.
The Chairman of Bahrain Bay Development, Mr Hisham Al Raee and its CEO, Mr Gagan Suri welcomed Bin Faqeeh Real Estate Investment adding, â€œWe are delighted to welcome such an esteemed organization as Bin Faqeeh amongst our investors in Bahrain Bay. We are confident that the strategic initiatives that we have jointly undertaken will deliver some brilliant new concepts and ideas".
Expressing his pleasure at being partnered with such an iconic project as Bahrain Bay, Mr Bin Faqeeh complimented Bahrain Bay for its visionary masterplan, its strong core of ethics and values and its highly professional team. He added that the Developmentâ€™s distinct infrastructure which is already in place and operational, had been developed in an equation of sustainability, all which served as attractive incentives for investors to be a part of the project.BACK TO NEWS