FINANCIAL NEWS

Bahrain- Sakana signs agreement with Al Sarhan

25 Jul 2010

(MENAFN) Bahrain-based Sakana Holistic Housing Solutions has signed an agreement with Al Sarhan and Al Humaidan Real Estate Company, developer of Dar Al Ezz 1 Busaiteen to provide Islamic mortgage finance to its customers.

Dar Al Ezz 1 is a 14 storey tower located at Busaiteen offering 80 freehold apartments consisting of 40 single and double bedrooms each.

A leading Islamic mortgage finance provider, Sakana said the construction has already reached 10th floor and the building is expected to be handed over next year.

Dar Al Ezz 1 Busaiteen will offer selection of facilities including 3 storey car park, separate swimming pool for adults and children, gymnasium and coffee shop.

The apartments come in standard size of 73.4 sqm for single bedroom and 115.3 sqm for double bedrooms. The building is located adjacent to King Hamad Hospital, Busaiteen, the statement added.

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