Press Releases

Impact Estate is launching a new residence in Amwaj Islands

 September 2015, Manama, Kingdom of Bahrain: Award-winning property management company Impact Estate and the prominent Bahrain-based developer Zahed Modern Properties W.L.L. introduce a new bespoke residential development, Modern Residence – 2.

Designed by Elevation Architects and Engineers, Modern Residence-2 offers spacious and luxurious apartments with sea-views for sale. Located in sought-after Amwaj Islands apartments and penthouses range from over 87 sq.m. to 198 sq.m. in size and have been thoughtfully designed to create a comfortable and lavish living. High-quality finishing with the finest materials, including lights fittings, custom-made furnishing supplied by Modern Woodworks, fully equipped kitchen with appliances, high specification leisure facilities and flexible payment schedule make this property an attractive investment.  The building is due for completion in June 2016.

This is the second project of Zahed Modern Properties W.L.L. The first residential building, Modern Residence -1, was successfully launched in 2014 and sold out in a matter of weeks.

Residents of Modern Residence-2 will have access to the facilities which include a swimming pool and fully equipped gymnasium. The building will offer 24-hour security with CCTV cameras, high quality entrance door access system,  covered parking and lobby. Interiors fit-out and joinery work is being tastefully designed and executed by the Modern Woodworks team.  Known for high quality fit-out works, Modern Woodwork is one of the leading interior contractors in Bahrain and KSA.  With the vast experience in joinery works the company has worked on major projects  such as Novatel beach resort, The K Hotel, Ramee Grand Hotel & Spa as well as on many high-end residential buildings in Juffair and Seef,  villas in Riffa views, Durat al Bahrain and many other projects in Bahrain.

Oksana A.K., General Manager of Impact Estate says: “It is an honor for us to work with the developer on his second project.  All properties developed by Zahed Modern Properties W.L.L.  are tastefully appointed and boast high-end product.  With the increasing interest in Amwaj Area this building will be popular with discerning home owners”.

All apartments are fully furnished and will be ready to move in right after the handover. Additionally, terraces and balconies of four Penthouses provide stunning views of the sea and Amwaj Island. The prices start from BD. 75,879/-.

Award winning Impact Estate w.l.l. is a subsidiary of Impact w.l.l. and is a privately held full-service real estate company based in the Kingdom of Bahrain.  The focus of the company is to provide unrivaled and specialized service and consultancy in the real estate sector.  The company’s expertise covers project marketing, including feasibility studies, market assessment and project launching, property and building management together with rental activities and tenancy management, commercial and residential property brokerage as well as relocation.  A diversified team of highly competent and knowledgeable professionals with a considerable experience is keen to help clients successfully meet their real estate objectives. Personalized client service and high professionalism attract developers and landlords as well as individual and corporate clients. Impact Estate has a strong reputation built on providing solutions, trust, respect, and responsiveness and is now one of the most sought after companies for real estate advisory and consultancy in Bahrain.  The company has a proven track record having successfully completed numerous client projects worth in excess of US$ 200 million. More information on our services is available at www.impact-estate.com

Impact Estate has been appointed as the sales and marketing agent for Rayyan Residence

August 2015, Manama, Kingdom of Bahrain: Yaqoob Maklai Interior & Construction S.P.C has appointed property management company Impact Estate w.l.l. to launch the sale of its new freehold residential development, Rayyan Residence.

Scheduled for completion end of March 2016, Rayyan Residence boasts 16 two-bedroom fully furnished apartments and one lavish three-bedroom Penthouse.  The high-end development is located on Amwaj Islands and offers panoramic views of the turquoise sea and the Lagoon.  With prices starting from BD 93,440 the luxurious apartments of 128 sq.m. are designed to maximize the living space.

Residents of Rayyan Residence will have access to a number of facilities including a fully equipped gymnasium, swimming pool with seating deck and BBQ areas. Both the underground and above ground parking lots are designed to provide a parking space for each unit.

Oksana A.K, General Manager at Impact Estate commented: “There is an increasing interest towards furnished apartments from property investors.  With the project’s location in the most desirable area of Bahrain, Rayyan Residence will have a positive response from the buyers.”

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Award winning Impact Estate w.l.l. is a subsidiary of Impact w.l.l. and is a privately held full-service real estate company based in the Kingdom of Bahrain.  The focus of the company is to provide unrivalled and specialized service and consultancy in the real estate sector.  The company’s expertise covers project marketing including feasibility studies, market assessment and project launching, property and building management together with rental activities and tenancy management, commercial and residential property brokerage as well as relocation.  A diversified team of highly competent and knowledgeable professionals with a considerable experience is keen to help clients successfully meet their real estate objectives. Personalized client service and high professionalism attract developers and landlords as well as individual and corporate clients. Impact Estate has a strong reputation built on providing solutions, trust, respect, and responsiveness and is now one of the most sought after companies for real estate advisory and consultancy in Bahrain.  The company has a proven track record having successfully completed numerous client projects worth in excess of US$ 200 million. More information on our services is available at www.impact-estate.com.

Yaqoob Maklai Interior & Construction S.P.C  is one of the leading civil construction groups in The Kingdom of Bahrain. The parent company Maklai Establishments has been operating in The Kingdom of Bahrain since the early 1910’s.Laying a strong foundation for a civil contracting firm in The Kingdom of Bahrain requires integrity, quality, teamwork and years of hands-on building experience. Since its founding in 1990, Maklai Construction Group has experienced sustained and steady growth, with today’s workforce exceeding over 500 employees, representing hundreds of collective years of construction expertise. YMIC is committed to outstanding client satisfaction, excellence and exceptional efficiency on projects. This depth of experience, along with the management team’s commitment to planning and project management, is even more significant when combined with the collective years of  expertise of YMIC project manager’s, foreman, and supervisors, many of whom have worked together for over 20 years on major and prestigious projects throughout the Kingdom of Bahrain.

Among the international projects to be highlighted during the property show are Turkish developments

Leading international real estate advisors, Cluttons and Bahrain based property consultants, Impact Estate are set