TPP

Al Shabeely Residences contains more than fifty residential units in Al Shabeely neighborhood and next to the commercial center (Al Shabeely Mall) which is a few minutes away from the Kingdom of Bahrain where the location is strategic and the name Al Shabeely Residences was launched as a trademark.

Al Shabeely Housing project has been sold and units have been delivered to customers

Accordion Content
Thanks to God, all units in Al-Shabili Housing Project have been sold, the units have been delivered to customers, the electricity meters have been transferred, and the rest of the procedures have been completed.

Date

05/18/2023

The completion rate reached 75%, sales reached 40%, and high interest from investors

Accordion Content
More than 40% of the project has been sold, with high demand and interest from investors, as the project is distinguished by its distinguished location and proximity to the waterfront, as the area will be one of the most important landmarks in the city of Al-Khobar. The completion rate reached more than 75%, and the structural work and division of floors have been completed.

Date

05/18/2023

The third phase of sales has started and reservations are being received.

Sales amounting to 40% of the project were implemented as demand for the project continued and coincided with the project being almost ready to receive it.
Sales have started in the third phase of the project, and sales during the week reached 28% of the total units.

Date

01/02/2023

Phase 3 site is almost ready and reservations have started

Finishing work reached 60% in compliance with the high demand for the project and requests for attention, as more than 25% of the units were reserved.
Coinciding with the readiness of the third phase of Al-Shabili Housing and the completion of work by 80%, we announce the start of reservations and ownership requests in the final phase.

Date

12/20/2022

Phase 2 is completely sold out.

We began receiving customers on April 15, 2022, with great pressure from orders and reservations.
The second phase has been sold out completely and units are being delivered to customers in preparation for the third phase.

Date

10/24/2022

of Al-Shabili housing sold in one day 25%

Thank God, the show apartment was inaugurated in the Al-Thiqa Residential Complex and Sales Center project, in preparation for receiving customers and receiving reservations. At the same time, a Wafi license (off-plan sales) was issued, as the company was qualified to be one of the most important companies in the region and to facilitate the sales process for customers.
Coinciding with the sale release on 06/15, under great pressure from customers, more than 25% of sales agreements and reservations were executed within the first 24 hours.

Date

01/07/2022

Launch of the second phase of sales

The structural work has been completed, the project features have appeared, and internal work has begun, establishing central air conditioning , plumbing, electricity, and the smart home system.
In continuation of the successes of the first phase and the increase in demand, the second phase was launched to coincide with the project’s readiness and completion of all works.

Date

06/15/2022

Completion of the sale of the first phase and the launch of the second phase

The project is being constructed according to the highest international specifications and tests are being carried out to ensure the best results are provided. The construction rate has reached 50% for the structural structure and finishing work has begun.
Thanks to God, all units of the first phase of Al-Shabili Housing have been sold and the units have been delivered to customers after the transfer of ownership of the residential units has been completed. Following the first phase, the second phase of Al-Shabili Housing has been launched and reservations have been received and started.

Date

06/01/2022

Update sales percentage for the first phase

The works agreement was signed with the main contractor, Knowledge and Planning, which is a subsidiary company, to start the works, receive the plans, and inspect the project site to carry out the initial work on the project.
Due to the continuous sales in the first phase, the project sales reached 75% and the evacuation phase and transfer of ownership to our customers has begun.

Date

04/01/2022

Continuation of sales in the first phase with the support of all financing agencies

The works agreement was signed with the main contractor, Knowledge and Planning, which is a subsidiary company, to start the works, receive the plans, and inspect the project site to carry out the initial work on the project.
Following the launch of sales in the first phase and the completion of all work in the project, and with great support from the financing agencies and the Ministry of Housing, more than 50% of the first phase has been sold.

Date

03/25/2022

Launch of the first phase of sales

The works agreement was signed with the main contractor, Knowledge and Planning, which is a subsidiary company, to start the works, receive the plans, and inspect the project site to carry out the initial work on the project.
Based on the strong demand for ownership in the Al-Shabili area, accompanied by great support from the Ministry of Housing, the sale of the Al-Shabili Housing Project for the first phase was launched, with sales reaching 10% from the first day, with modern apartments and designs that suit all family housing needs.

Date

05/10/2022

Acquisition of residential buildings in Al-Shabili, Al-Khobar

The works agreement was signed with the main contractor, Knowledge and Planning, which is a subsidiary company, to start the works, receive the plans, and inspect the project site to carry out the initial work on the project.
Based on the company’s strategy in real estate investment and development, thanks to God, the signing of the acquisition agreement for several quality projects containing more than fifty residential units in Al-Shabili neighborhood in the city of Khobar was completed, next to the commercial center (Al-Shabili Mall), which is a few minutes away from the Kingdom of Bahrain, where the location is strategic, and the name Al-Shabili Residences was launched as a trademark.

Date

01/02/2022

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