The BD30-million-plus ($78.9 million) Waterbay Residence Furnished by Roberto Cavalli project, which boasts 264 residences at Bahrain Bay, will be completed by the end of this year, said Bin Faqeeh Real Estate Investment Company.

According to a report in our sister publication Gulf Daily News, the Bahrain-based developer added that it is on track to complete all its three ongoing projects by next year following a recovery from setbacks to the sector stemming from the Covid-19 pandemic.

Bin Faqeeh Real Estate Investment Company Chairman Faisal Faqeeh said the prestigious Waterbay Residence Furnished by Roberto Cavalli project was in the ‘final touches’ stage.

Waterbay Residence Furnished by Roberto Cavalli consists of 10 residential floors with 264 units including 85 studio apartments, 123 bedrooms and 55 two-bedroom sky villas specially designed with interiors furnished by the late world-renowned designer’s team with inspiration drawn from modern European architecture, in addition to 10 shops.

Its strategic location allows easy access to the capital with exceptional views of the sea, in addition to a wide range of recreational facilities such as a swimming pool, a gym, a cinema and a children’s playroom. It also includes a rest area, in addition to security services, reception, parking lots and water taxis.

Faqeeh said the project remains a first-of-its-kind initiative in Bahrain as Bin Faqeeh was the first developer in the kingdom to attract an international fashion house to the local real estate sector.

“Waterbay Residence Designed by Roberto Cavalli is another key landmark project developed by Bin Faqeeh in the heart of the capital Manama. It offers exclusive and elegant ambiance created by Cavalli, by merging fashion in everyday living,” he said.