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Bahrain s Q1 property deal volumes surge 36% to $600mln

Bahrain property sales surge by 51% over new foreign ownership rules

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Bahrain property transactions jump 36% in Q1 2021

Bahrain property transactions jump 36% in Q1 2021 May 18, 2021 Bahrain’s real estate transactions rose by 36% in Q1 2021 reaching $600m (BD226 million). MANAMA Bahrain’s real estate transactions rose by 36% in Q1 2021 reaching $600m (BD226 million), according to figures released by Bahrain’s Survey and Land Registration Board. These figures represent a boost of more than a third compared to the first quarter of last year, when numbers were just over $440m (BD166 million). Just under 3,000 properties were sold across the first three months of this year, a rise of 51% from the first three months of last year’s transactions, which reached just under 2,000. Listings portal Propertyfinder.bh also reported that the number of sale listings during Q1 2021 have gone up almost 10% over the last quarter. Much of this success can be attributed to strategic swift financial decisions taken by the government to support the economy.

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