Al-Shabili Housing Project Update 05/18/2023
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 third phase of sales has started and reservations are being received.
Accordion Content
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
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.
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.
Date
10/24/2022
25% of Al-Shabili housing sold in one day
Date
01/07/2022
Launch of the second phase of sales
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.
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 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.
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 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.
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, 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 project was designed with great precision and attention to all details, so that the project is distinguished at the regional level in terms of the services provided, amenities, and artificial intelligence used to facilitate modesty and raise the level of safety. The visual identity of the project was created for marketing and introductory uses of the Al-Thiqa Residential Complex project.
Based on the strong demand for ownership in the Al-Shabili area, accompanied by great support from the Ministry of Housing, sales were launched in the Al-Shabili Housing Project for the first phase, with sales reaching 10% from the first day, with modern apartments and designs that suit all family housing needs.
Date
01/25/2022
Acquisition of residential buildings in Al-Shabili, Al-Khobar
A land with an area of 1,962 square meters was acquired in the Al-Bahr neighborhood in Al-Khobar, near the new Corniche, steps away from the seashore, in order to establish a fully-serviced residential complex that provides additional value to the region and keeps pace with the Kingdom’s Vision 2030.
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.
