Abraj Al Lulu, the first residential project of its kind in the Kingdom of Bahrain, recently celebrated the opening of its sales offices within the Seef Residence premises. Strategically situated in the heart of Manama within easy access from all surrounding areas, the Abraj Al Lulu sales offices have been set up to receive calls and enquiries on this pioneering venture as well as carry out processes and finalize sales transactions for all the 860 state-of-the-art apartments.
“Although our initial plan was to open up the Abraj Al Lulu sales offices closer to the project’s launch date in September 2005, the tremendous response and interest received by potential investors around the GCC and Bahrain, made it necessary for us to open up for sales earlier than anticipated, which is an extremely positive sign for a development project of this nature” commented Mr. Imtiaz Panjwani, Managing Director of Pegasus Reality, the sales & marketing company appointed to promote the project.
Offering attractive pre-launch deals to those who invest in the project prior to the formal launch in September, Abraj Al Lulu has witnessed a tremendous surge in sales since the opening of its sales offices, with over 25% of the project already sold to local and regional investors.
“We are extremely pleased with the project’s progress and the interest it has generated both locally and on a regional scale, especially from investors in Saudi Arabia, Kuwait and the UAE, and we are continuously expanding our sales staff to handle the increasing number of enquiries and provide a superior level of service as is suitable for a project of this magnitude” commented Mr. Hatim Dadabhai, Director of Dadabhai Group.
Strategically located in the heart of Manama across the highway from the Bahrain Financial Harbour and close to the Al Futtaim City Centre, Abraj Al Lulu is a 20-minute drive from the Saudi causeway and less than 10 minutes away from the Bahrain International Airport. The project covers an area of 200,000 square feet and will comprise of three multi-storey residential towers offering superior amenities fit for a luxurious life. The towers will house over 860 state-of-the-art apartments and will be complemented by a four-storey car park that will be able to accommodate over 1100 cars. This revolutionary freehold luxury apartments project will cater to the needs of the local, GCC and expatriate nationals who wish of buy property and get a residence permit in Bahrain. The project is expected to be completed by 2007.
