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FINANCIAL NEWS
Bahrain’s real estate market stabilizes: CBRE
23 Apr 2013
(MENAFN) CB Richard Ellis stated that the real estate market in Bahrain has stabilized in most regions, reported Arabian Business.
CBRE said that the ongoing political instability is still restraining a complete recovery.
It added that for a number of consecutive quarters, residential rental rate have hit their lowest point, and have been stable at these levels.
Meanwhile, sales prices grew by 10 percent over the past six months in Riffa Views, according to mortgage lenders, who added that unit prices in the area have now increased by almost 20 percent compared to 2011.
It is worth noting that the total value of real estate deals surged by 46 percent in the Kingdom last year from 2011.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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