Property

Project work on track

August 29 - September 4, 2007
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Gulf Weekly Project work on track

THE BD95 million Abraj Al Lulu project overlooking the Pearl Roundabout is more than half complete, its developers said.

Bahrain-based Dadabhai Construction’s senior projects manager T S Ramanujam said the project’s structural work is due to be completed in the next two months, with only the two final storeys remaining to be built on each of the three towers.
The services phase will be completed next, which will include electricity, water and elevators. The construction is expected to be fully completed by August next year.
“We are still on schedule,” Mr Ramanujam said.
“We have not had any problems or accidents and we have been strictly monitoring our standard safety regulations. Everyone here on the site is wearing helmets and other protective gear.”
Amenities at Abraj Al Lulu include a swimming pool, tennis courts, landscaped gardens, a barbeque, an Internet cafe, a gym and a health spa which will all be located on the first floor podium.
There will also be a separate set of amenities specifically for Black Pearl Tower residents located on the Black Pearl Tower’s on the top floor.
“The project has certainly been an absolute success,” Pegasus Realty’s managing director Hatem Dadabhai said.
“Abraj Al Lulu apartment sales have been consistent with varied buyers which include Arab nationals and expats.
“We are further continuing to spread awareness of the project through various marketing activities.”
Pegasus Realty are the Abraj Al Lulu sales and marketing agents. They say that the Abraj Al Lulu apartments are approximately 90 per cent sold, with only a few four-bedroom apartments in the Black Pearl Tower remaining.
The Gold Pearl Tower apartments are sold out, and the Silver Pearl Tower apartments, which were sold as an investment, are being resold for the investment company to potential residents, the company says.
The Abraj Al Lulu is a residential development consisting of three towers, labelled the Gold Pearl Tower, the Silver Pearl Tower, and the Black Pearl Tower.
The Silver and Gold Towers are identical and house one, two and three bedroom apartments, while the more luxurious Black Pearl Tower will house three and four bedroom apartments. Each of the three towers will also include four luxury duplex penthouses located on the top two floors.







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