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Tuesday, November 15, 2005

Pearl Development & Real Estate Company commences construction of Abraj AL Lulu

Bahrain-based Pearl Development & Real Estate Company, which is co-owned by a group of Bahraini, Saudi and UAE investors, today announced that construction on the Bahrain's largest private sector residential project, the BD 95 million Abraj Al Lulu, has commenced with piling work progressing at a rapid pace.

The official contractors for the project, Al Hamad Contracting, are confident of finishing the construction, as per the original schedule, in 32 months. The first residential project of its kind in the kingdom Bahrain, Abraj Al Lulu aims at enhancing the skyline of Bahrain's capital.

Strategically located in 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. With two 50-storey towers and one 40-storey tower the development will house over 860 one, two, three and four-bedroom state-of-the-art apartments and 12 Sky Villas.
Source: AMEInfo

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