real estate
WATERBAY
A new residential complex in Bahrain Bay
The design is well underway and construction has started. Located on the north shore of the Bay and separated from the Bay only by the Bahrain Bay promenade, the apartments in WATERBAY will have spectacular views onto the Bay, including the Four Seasons resort, the new Avenues development and the Bahrain World Trade Centre. The first of the three residences has an expected date for completion in 2017 and the development will be enhanced by a host of leisure facilities such as swimming pools, gymnasia, saunas, a roof top running truck as well as a wide range of supporting and restaurant outlets. A chauffeur service with a luxury car will be offered 24 hours to
56 Bahrain Confidential October 2015
drive residents to the close by malls and restaurants out of Bahrain Bay. Faisal Faqeeh, Chairman of Bin Faqeeh Real Estate Investment Company is the son of Abdulwahid Faqeeh - a market leader of the construction industry during the 80s & 90’s. After starting his career as the head of maintenance Department at Palace Construction managing over 800 units, in 2003 he entered the Land trading market of Bahrain where he became one of the major players. Following his vision, he launched Bin Faqeeh Real Estate Investment Company in 2008, with a focus on Acquisitions, Developments and Long Term Management of real Estate developments. With dedication and hard work, the brand has, in less than a year, successfully contributed toward the development of projects worth more than 250 Million US Dollars, and continues to grow in a firm and steady steps.
For more info, visit binfaqeeh.com
Faisal Faqeeh
Bin Faqeeh Real Estate Investment Company has entered the exclusively selective Bahrain Bay Club. The Bahrainbased property firm has announced the purchase of three land parcels where its new Luxury residential complex – the first project of its kind – WATERBAY will be constructed.
“Since the beginning of 2010, we have successfully delivered many outstanding residential and commercial projects in the most prominent areas of Bahrain, including ‘360°’ in Durrat Marina, ‘The Grand’ and ‘The Breaker’ in Seef, with our most recent accomplishment being the ‘Dar Al Salam Port’ in Reef Island and many more.” - Faisal Faqeeh