In a significant development that clearly validates the attractiveness of Gulf Holding’s signature project ‘Downtown Al-Areen,’ the company stated that it had successfully sold out two entire residential towers of Boulevard North, a key component of the development, within a mere hour of the opening of the Invest in Bahrain exhibition being held on the sidelines of the Gulf Air Bahrain Grand Prix.

Located within the heart of Dowtown Al-Areen, Bahrain’s first true downtown district, in the Boulevard North, both these residential towers comprise thirty, 1,2, and 3-bedroom apartments each.

Commenting on this record sale, Ahmed Al-Ameer, Vice Chairman & CEO of the Gulf Holding Company said: "The record sale of two entire residential blocks within the Boulevard North component of our Signature project Downtown Al-Areen, for $26 million almost immediately after the opening of the Invest In Bahrain exhibition, in which we are participating, is a clear vindication of the investor confidence in not just the project but also our credentials and business model.

"Such overwhelming investor response towards the project has further enthused us to surge forward and intensify our efforts for the creation of projects and investor opportunities that are not just highly differentiated but also boast the highest levels of innovation and quality," Al Ameer added.

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