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Property boom proves Bahrain’s success

Several outstanding developments show just how strongly Bahrain’s economy is growing, as well as its ability to attract investment.

At the same time, the Bahrain government is considering new laws to help expand the real estate sector and speed the progress of existing projects.
 
Three new island landmarks boost waterfront living
 
Bahrain Bay is a US $2.5 billion integrated community development with business, retail and residential areas being built on a man-made island. The island, designed by internationally-renowned practice Skidmore, Owings and Merrill, is based on concentric circles divided by intersecting axes and a canal. It connects to the mainland by two road bridges, creating a central harbour for leisure and commercial vessels.
 
Rising 68 storeys and due to open in early 2015, the Four Seasons Hotel occupies the central island and is certainly the development’s most striking feature.
 
Diyar Al Muharraq is a unique master-planned city offering quality lifestyle and a choice of housing for all strata of Bahrain society. It provides a cohesive mix of residential and commercial properties with a strong line-up of projects aimed at creating a long-term, sustainable township. Situated on the northern shores of Muharraq, the city features over 40 kilometres of waterfront and sandy beaches that are among the Kingdom’s most extensive and publicly accessible. Diyar Al Muharraq has everything you would expect from a vibrant community – schools, medical centres, parklands and sports facilities. There’s a wide selection of retail services such as a shopping mall, showrooms, banks and hotels, all supported by a high standard of infrastructure.
 
Located on Bahrain’s south coast, Durrat Al Bahrain is a ‘hallmark resort island’. In fact, it has been created across 15 islands covering 21 km2. On completion, Durrat Al Bahrain will feature over 2,000 beachfront villas and 3,600 executive apartments and offices, plus mosques, international schools, hotels, restaurants and spas, parks, retail malls, entertainment precincts, a 400-berth marina and an 18-hole championship golf course. The development aims to be the region’s most prominent seaside resort city able to accommodate 60,000 permanent residents and up to 4,500 daily visitors.
 
Interested in investing? Contact the EDB.
 
If you are considering investment in Bahrain’s property sector, visit here.