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Bahrain Real Estate News

Durrat-al-Bahrain announces lighting of its first island -1/4/2008
The largest planned luxury residential, commercial and tourist resort development in Bahrain, the Durrat Al Bahrain, has announced that it has switched on the lighting on one of its islands for the first time, for testing of the infrastructure.

200 housing units for poor and needy underway -1/4/2008
The plan for construction of 200 housing units every year for poor and needy families has received a go-ahead from the Bahrain Cabinet.

Mina Salam Phase One to be ready by 2009 -31/3/2008
One of the major listed Construction Companies in Bahrain, Nass Corporation, has revealed that the Phase I of $600 million Mina Salam project in Bahrain would be ready towards end of 2009.

Seef to unveil new joint-venture apartments in second fiscal -31/3/2008
Seef Properties, a Bahrain-based property major focusing on retail, residential, leisure and recreational facilities, has announced that it plans to unveil its Fraser Serviced Apartments Seef, during the second half of this financial year.

Al Khawaneej Land plots to be released for sale -29/3/2008
Amlak Finance has announced the sale of Al Khawaneej Land plots through Al-Khayyat Real Estate.

Bahrain Islamic Bank offers attractive finance options to Marina West buyers -29/3/2008
Marina West, together with the Bahrain Islamic Bank, has entered into a deal, which permits expatriates and nationals to purchase homes at the beachfront development.

Gulf Hotels Group to develop new property at Zallaq beach -29/3/2008
The Gulf Hotels Group (GHG), the owners of the Gulf Hotel and shareholders and operators of the Ocean Paradise Resort in Zanzibar, is planning to develop a new property at Zallaq beach, revealed a top official of the company.

Nomas to develop a landmark $800m project at Al Fateh -27/3/2008
Nomas, the Bahrain-based real estate major, yesterday announced their ambitious plan to develop an $800million project in the Al Fateh neighbourhood.

60 percent of Bahrain Bay plots sold out -25/3/2008
Bahrain Bay has announced sale of 60 percent of its land plots to regional and international developers and investors.

Bahrain plans for a new rental regulation -25/3/2008
Landlords, who take their tenants for a ride, need to be cautious, as tougher penalties are on the way.

Bahrain approves four-point rent regulation plan -22/3/2008
Bahrain business leaders have approved a four-point plan for regulating rents.

Bahrain alarmed over skyrocketing prices of building materials -22/3/2008
Bahrains Cabinet has raised an alarm over the skyrocketing prices of raw materials used for construction.

Manara Developments to develop major projects in Bahrain -15/3/2008
A new real estate development company, Manara Developments, has disclosed its plans to develop few major projects in Bahrain.

Sukoon Tower-Phase One meets complete sales -4/3/2008
The Phase one apartments of Sukoon Tower, the freehold luxury residential property in Juffair, by Tashyeed Properties, have been completely sold out.

Reef Island project to be complete by 2010 -27/2/2008
According to officials, construction work on Reef Island Project will be complete by 2010.

Bahraini investors to invest $1bn on new projects -18/2/2008
Investors in Bahrain are pumping in more than $1billion (BD378mn) into new projects, likely to create thousands of jobs for Bahrainis, reports The Gulf Times.

Reef Island marketing tent to open in March 2008 -18/2/2008
The launch of Reef Island marketing tent has been planned in Bahrain for March 2008.

Profit of RealCapita increases by 72 percent -7/2/2008
The net profit of RealCapita, a Bahrain-based realty company show an increase of 72 percent.

Bahrain Bay awards BD22mn worth infrastructure contract to AMA -7/2/2008
An infrastructure contract of BD22million has been awarded to AMA, a leading regional infrastructure group by Bahrain Bay.

RealLand achieves profit more than $5mn during first year of operations -4/2/2008
Real estate investment firm of RealCAPITA - RealLANDS, has achieved a profit of more than $5 million, within a year of its operation.

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