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Read the lastest news & updates on the Bahrain real estate market below.
Interior design is all about breathing life into architectural spaces through a thoroughly planned use of materials, furniture, fixtures, and other design elements. While the past years saw trends emerge, become a staple, or fade into the background, one thing is for sure: Sustainability should rightfully be at the core of any design philosophy.
Homes around the world are getting smarter. With new technologies emerging, the smart home market is finding innovative ways to bring a new level of convenience, security, and efficiency. And as such, property owners are becoming more mindful of integrating such technologies into their homes.
Urbanization has a huge opportunity cost: It often leads to a disconnect from the natural world. As a way to reconnect with the outdoors, the biophilic trend has emerged in interior design.
In 1973, German-born American psychoanalyst Erich Fromm coined the term “biophilia,” defining it as “the passionate love of life and of all that is alive.” In interior design, biophilia translates into creating spaces that foster a connection with nature.
On one side of the interior design spectrum, there’s a movement that champions minimalism. It’s clean, clutter-free, and serenely simplistic. On the other side, there’s maximalism — one that favors something more vibrant. In other words, more is more.
Trends come and go, and fads fade as new styles arrive. For those who prefer the enduring over the ephemeral — and the subtle over the sensational — quiet luxury is the most ideal design ethos.
But what is quiet luxury?
During the Bahrain Smart Cities Summit 2024 in Manama, Saudi Arabia and Bahrain discussed a collaboration on social housing and urban planning. Engineer Fahad Al-Mutlaq, Saudi Deputy Minister for Urban Planning and Lands, and Minister of Housing and Urban Planning Amna Al-Rumaih led the discussions. They explored ways to collaborate and improve housing and urban development strategies.
Leading Bahraini developer Kooheji Development has begun construction on its latest project, Onyx SkyView. This luxurious development promises to transform Bahrain's skyline with its elegant design and modern amenities.
At the historic Riffa Palace, HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of Bahrain, met with Bassem Al Hamer. Al Hamer is the newly appointed president of the Survey and Land Registration Bureau (SLRB). They discussed the future of Bahrain's real estate sector.
Bahrain's real estate market has demonstrated resilience and potential, providing an attractive destination for investors. This is due in part to the government's strategic measures to boost foreign investments, such as offering tax incentives and simplifying property registration procedures
The market, segmented into residential, commercial, and industrial sectors, has managed to minimize the impact of the pandemic and is projected for growth.
The Kingdom of Bahrain, a small island nation in the Persian Gulf, is no longer just a dot on the map of the Middle East. It's transforming into a prominent hub for real estate investment, economic growth, and innovation. But there's more to the story. Bahrain isn't just constructing buildings; it's meticulously building a future. Let's explore how.
In this article, Cityscape Intelligence introduces you to some of the influential women leading the charge towards a more sustainable and eco-conscious future in Bahrain, while also giving you a sneak peek into a few of the distinguished speakers set to participate in this year's Cityscape Bahrain event.
One of Bahrain's most strategic mega infrastructures, Bahrain Metro, has kicked off with phase one of the project covering 20 elevated stations in key parts of the kingdom.
The multi-million project's first phase will witness the development of a 109km rail transit network with two lines (29 km) with 20 stations.
Details were announced by Bahrain's Transportation and Telecommunications Minister Mohammed Al Kaabi who told legislators late last month that the ambitious project's first phase is underway.
Bahrain is positioning itself as a top destination for sports tourism by investing in several key infrastructure projects and hosting international sporting events as part of its game changing strategy to boost the local economy.
The global focus on the 2022 Qatar FIFA World Cup and its success has generated interest in the Middle East sports market with several Gulf countries hosting international golf, cricket, horse racing and Formula One race events.
Cityscape is set to return from 14th-16th November, 2023 at the Exhibition World Bahrain. This year’s edition will be supported by The Real Estate Regulatory Authority in Bahrain (RERA) as part of their ongoing efforts to enhance and expand the Kingdom’s real estate sector, in unison with larger plans to diversify the economy towards non-oil sectors as depicted by the Economic Vision 2030.
The most anticipated regional real estate and property conference and exhibition in the Kingdom announces the theme for this year’s conference: Sustainability & Digital Transformation in Real Estate.
Bahrain - The Bahrain real estate sector largely continued the upward momentum from 2022, albeit at a slower pace given increasing global macro-economic uncertainties, according to the Savills Q1 2023 Bahrain Property Market in Minutes update.
In the residential market, villa developments continued to gain in popularity in Q1 2023 with capital values across the mid-end segment rising 5.2% y-o-y. Rates are now estimated at BHD 603/sqm compared to BHD 573/sqm in Q1 2022.
Investcorp, an alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, plans to invest up to $1 billion in the GCC real estate market over the next five years as it continues to expand its global properties and warehousing portfolio. The company has already made its first Gulf real estate investment by acquiring a warehouse in Saudi Arabia, it said on Monday. The investment in a 215,000 square feet temperature-controlled warehouse in Dammam is the first of the $100 million worth of real estate investments that Investcorp is currently assessing in the Saudi Arabia, the Arab world’s largest economy.
In the residential market, villa developments were popular in Q1 2023, with a 5.2% year-on-year increase in capital values in the mid-end segment. Villa rates reached BD603/sq m compared to BD573/sq m in Q1 2022. However, the demand for high-end apartments declined due to increased credit costs, resulting in a 1.3% quarter-on-quarter drop in their values. According to real estate expert Savills, the Bahrain real estate sector maintained its upward trend from 2022, although at a slower pace due to global economic uncertainties.
Kooheji Development, one of Bahrain's leading real estate companies, has launched its new mixed-use project Onyx SkyView" on the sideline of the inaugural edition of leading property expo Cityscape Bahrain. Spanning an area of 100,000 sq m, the key development tower boasts 435 ultra-luxury residences, 40 Offices, and 7 retail units at a prime location in Bahrain Bay, opposite the iconic Four Seasons Hotel Bahrain.
Bahraini real estate developer Bareeq Al Retaj has announced the launch of its pioneering sustainable community on the kingdom's eastern coast. Located close to a local heritage village and Aquaculture Centre, the new development Ras Hayan Village will boast waterfront villas and apartments, leisure, hospitality and retail space as well as a stunning marina, all set amidst a natural mangrove forest.
Diyar Al Muharraq, a leading real estate development company in Bahrain, showcased its latest prime projects - including the new model designs for Phase Three of Al Naseem villas within its upcoming integrated city in the kingdom - at the debut Cityscape Bahrain expo. The leading real estate event kicked off yesterday (November 22) under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa Crown Prince and Prime Minister.
Manama, Bahrain: Bahraini real estate developer Bareeq Al Retaj have launched its new brand image and strategic direction at this year’s Cityscape Bahrain, where they exhibited from 22nd to 25th November. Bareeq Al Retaj showcased no less than four local prime development projects for the first time, divulging a brand-new master-planned community, waterfront villas, high-end and branded residences, and canal-side apartments.
Cityscape, a leading real estate show in the Middle East, is launching its first proptech conference on 20-21 November 2022. Held at the Four Seasons Hotel Bahrain Bay, the show will focus on “the beginning of a new era in innovation, transparency and sustainability”, in line with the government’s agenda to enhance the real estate sector.
Manama, Kingdom of Bahrain: Diyar Al Muharraq, the largest real estate development company in Bahrain, has announced that it is a golden sponsor of this year’s Cityscape Real Estate Exhibition. The event will take place for the first time in the kingdom from November 22 to 24, 2022 at the new Exhibition World Bahrain located in Sakhir.
Manama, Kingdom of Bahrain: Edamah signed an agreement with the organiser of Cityscape Bahrain 2022, Informa Markets, through which Edamah will be a platinum sponsor for the event. Cityscape Bahrain 2022 will be held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and is due to take place between November 22 and 24. It is the Middle East’s largest and most prestigious property exhibition and the first major show due to take place at Bahrain’s new Exhibition World.
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