
Pearl Development and Real Estate Company has recently announced that work is under way on the mock-up apartments for its maiden development, the BD95 million ($252.66 million) Abraj Al Lulu project in Bahrain.
Scheduled for completion this month, this will help to showcase this project and enable investors to get a first-hand look and feel of the apartments. Construction work on the overall project is currently progressing ahead of schedule, with core area work having been completed till the 11th floor level for its three towers, marking the completion of more than 1.5 million accident-free man-hours with over 20 per cent of all structural work on the towers already completed.
Abraj Al Lulu – which is expected to be ready for handover by early 2008 – is Bahrain’s largest private sector freehold residential development.
Spread over a 200,000 sq ft construction site in a prime location in Bahrain, the project’s multi-storey residential towers will house over 860 state-of-the-art apartments that will be complemented by a four-storey car park that will be able to accommodate over 1,100 cars.