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Bahrain Real Estate News

Manama Souq officially launched -11/8/2010
The first phase of the new BD4mn Manama Souq was officially launched yesterday by Prime Minister Prince Khalifa bin Salman Al Khalifa.

Riffa Views promises delivery of 100 more villas -19/7/2010
Despite the ongoing impacts faced by Bahrain real estate sector over the global economic crisis, Riffa Views has announced delivery of its 300th villa to homeowner during a recent ceremony.

Bahrain, first in MENA region to electronically track land deals -2/7/2010
Bahrain is the first Middle Eastern country to electronically track all its land transactions through the Survey and Land Registration Bureau (SLRB).

Manara Development to launch two major housing projects -2/7/2010
A Bahrain-based real estate development company, with a diverse project portfolio, namely, Manara Developments Company, has announced the launch of two major housing projects in Bahrain.

Deal signed for work on Water Garden City project -23/6/2010
The Water Garden City project has gone a major step ahead with the appointment of RB International to design bridges at the major development.

Bahrain realty sector witnesses 20percent fall in prices -16/6/2010
Prices of high-end apartments in Bahrain have dropped by 20 percent this year, in comparison to that of last year, said Knight Frank, in its latest research report.

Mortgage and real estate sectors need sound corporate governance -3/6/2010
The regions mortgage sector should be governed by sound corporate governance, said Richard Arlove, CEO and Director of ABAX Group, with offices in Bahrain and the UAE.

Lagoon Real Estate Development sign lease contract -19/5/2010
Lagoon Real Estate Development has entered into an agreement to lease 300sqm at the Lagoon Bahrain, located along Amwaj Islands to offer new international leisure concepts.

Marina West properties to be handed over by June 2011 -12/5/2010
Developers of the Marina West project, currently facing delay, are in talks with investors to give the project a fresh boost.

GCC real estate firms post total rise in profits -30/4/2010
The total profits of GCC-listed real estate companies grew by 7.

Bahrain allocates large private land for housing projects -23/4/2010
The Parliament yesterday approved and allocated a large private land located in front of the Labour Ministry at Zayed Town, for housing projects.

First phase of Northern Town homes to be ready by 2012 -23/4/2010
Work is likely to commence on the BD1bn Northern Town homes this October, the Housing Minister Shaikh Ibrahim bin Khalifa Al Khalifa has announced.

Bahrain to launch new strategy to cut down real estate corruptions -7/4/2010
It is hoped that Bahrain will shortly implement a bill that regulates urban development projects.

Nasmah Tower meets successful sales -1/4/2010
The real estate developments in Bahrain are among the cheapest in Middle East, and there is a lot of demand for them from the local market and the outside.

Bahrain real estate market regains its past status -25/3/2010
As the debt woes of Dubai continues to linger, it has made way for Bahrain to be once again in the limelight, as it has begun to regain its past status as the focal point for Middle Eastern business 2010, with the $4bn Bahrain Bay project being a strong indication.

GHC celebrates construction milestone of Villamar @ Harbour project -18/3/2010
The Kuwait-based Gulf Holding Company (GHC) has successfully completed the Topping Out of Tower B at its Villamar @ the Harbour project located in Bahrain Financial Harbour, on schedule.

Work in progress at the Amwaj Gateway project -21/2/2010
The developers of the BD69mn Amwaj Gateway project have admitted that the project is behind schedule, but agreed that all necessary measures are being taken to satisfy the customers.

Bahrain to develop international Property Development Association -16/2/2010
Diyar Al Muharraq hosted a meeting among leading property development professional in Bahrain to agree upon forming a representative organization, with a vision to be one of the internationally-recognized Property Development Association.

Bahrain in need of 16,000 new homes every year -11/2/2010
Bahrain requires 16,000 new housing units every year during the coming years, to make up for the present shortage of homes and to meet the demand from a growing population, said CB Richard Ellis, the property services firm.

Bahrain realty sector to face major challenges in short-term -11/2/2010
Property sales in Bahrain have literally dried up and during the next two years, the sector will be posed with significant challenges, reveals a new report by CB Richard Ellis.

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