​BBK, Bahrain’s pioneer in retail and commercial banking announced that those interested to live and invest in the “Dareena Dilmunia” project can obtain a mortgage loan from the bank.

On this occasion, BBK and Ithmaar Development Company, the main developer of Dilmunia Island, have inked a partnership agreement at Ithmaar Development Company headquarters located at the Bahrain Financial Harbour.

“It gives us great pride to begin this new phase of our partnership with Ithmaar Development Company. We emphasize that these agreements solidify our status as one of the key players in the urban renaissance that the Kingdom of Bahrain is currently experiencing, and enhance our standing as one of the leading banks offering housing financing options,” said Dr. Adel Salem, BBK General Manager, Retail Banking Division.

“For decades, BBK has met the needs of a very large number of its customers, whether through mortgage loans or its active participation in government-led housing programs, such as Mazaya and others,” Dr. Salem added.

“This agreement with BBK confirms our keenness to facilitate real estate financing solutions for our valued customers and enable them to seize the housing and investment opportunities provided by the Dareena Dilmunia project within the framework of a long-term and convenient financing program,” said Mr. Mohamed Khalil Al Sayed, Ithmaar Development Company Chief Executive Officer.

“Through Dareena Dilmunia, we offer investors and house seekers a great opportunity to buy luxury waterfront and coastal lands at special prices with land areas ranging from 520 to 920 square meters where they’re able to build their dream home next to the waterfront in Bahrain’s first health island,” he added.