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Are you considering investing in Bahrain's real estate market? Curious about the latest trends and statistics that could influence your decision? Want to know how the market is expected to evolve by 2025?
We will lay down recent insights, providing you with a clear picture of the market's trajectory. Here, no guesswork, we rely only on solid data.
Actually, we know this market inside and out. We keep tabs on it regularly, and all our discoveries are reflected in the most recent version of the Bahrain Property Pack
1) Seef property prices surged 6%, making it one of the fastest-growing neighborhoods
The Seef area is catching eyes due to its limited housing stock and new commercial projects.
In early 2024, Bahrain's real estate market showed a mixed bag of growth. While villa sales jumped by 7.8% per square meter, apartment sales held steady. This suggests that areas like Seef could see significant property value increases.
The overall real estate scene in Bahrain is buzzing, fueled by both locals and expats. New residential projects, especially luxury apartments, are keeping the market lively. This activity hints that Seef might experience notable price growth.
Seef's appeal is not just about scarcity; it's also about potential. With upcoming commercial developments, the area is becoming a hotspot for investors and residents alike. This makes Seef one of the fastest-growing neighborhoods in terms of property prices.
As the market evolves, Seef stands out with its unique blend of limited supply and high demand. This combination is a recipe for price growth of 6% in 2024, making it a prime choice for property buyers.
Sources: Kane Bridge News ME
2) Villa prices in Amwaj Islands are rising over 4% due to strong demand
In 2024, villa prices in prime areas like Amwaj Islands increased by at least 4% due to growing demand.
Local buyers were particularly interested in affordable units, which drove this trend. Reports from the previous year highlighted that villa sales on a square meter basis rose by 8% year-on-year compared to 2023. This surge was a standout in a market with mixed residential performance, showing that even with existing and upcoming supply, demand for affordable villas remained strong.
Bahrain's appeal as a property investment destination is bolstered by its strategic location and economic stability. The country offers a favorable investment climate, making it attractive to investors. Amwaj Islands, with its luxurious waterfront properties, high-end apartments, and villas, became a hotspot for those seeking a blend of luxury living and high rental yields.
Investors are drawn to these regions not just for the luxury but also for the high rental yields they offer. This combination of factors has further boosted demand, making areas like Amwaj Islands particularly popular. The allure of luxury living in such prime locations continues to attract both local and international buyers.
Despite the mixed performance in the broader residential market, the demand for villas in these prime areas remains robust. The increase in villa sales and prices is a testament to the ongoing interest in these properties. The market dynamics in Bahrain, especially in sought-after areas like Amwaj Islands, reflect a strong preference for quality and location.
Sources: Reuters, Savills Research
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3) Foreign investors are buying 18% more residential property in Bahrain
The number of foreign investors buying residential property in Bahrain grew by 18% in 2024.
Bahrain's property market is buzzing with activity, thanks to a 7% increase in supply as 1,361 new units are expected by the end of 2024. This expansion opens doors for foreign investors eager to dive into the market. Meanwhile, villa sales have seen an 8% year-on-year increase on a square meter basis, driven by local demand for affordable options, signaling a robust market that foreign investors find appealing.
Foreign investment in Bahrain hit a record $6.8 billion, a boon for the real estate sector. The country's welcoming stance on foreign property ownership, especially in luxury and commercial areas, makes it a hot spot for international investors. These liberal policies are a key reason why more foreign investors are eyeing Bahrain for property investments.
Tourism is another factor boosting Bahrain's appeal. With Manama being named the GCC tourism capital for 2024, the hospitality sector is set for a boom. This surge in tourism is likely to increase demand for residential properties, making the market even more attractive for foreign investors looking to benefit from the tourism wave.
Sources: AGBI, Savills Research
4) Residential property maintenance in Bahrain costs 0.5% to 1% of property value each year
In Bahrain, the average cost of maintaining a residential property is about 0.5% to 1% of its value each year.
One reason for this is that utility costs in Bahrain are lower than in places like Dubai and Abu Dhabi. For example, electricity in Dubai is about 45% more expensive, and water costs nearly 75% more. This makes utilities in Bahrain more affordable, which helps keep overall maintenance costs down.
While commercial properties in Bahrain have service charges set at 15% of the rent for common area maintenance, this doesn't directly apply to residential properties. However, it gives a sense of how maintenance costs are structured in the region.
The real estate market in Bahrain is experiencing stagnant prices and an increasing supply of units. This situation might indirectly affect maintenance costs as property owners adjust their budgets to stay competitive.
Sources: Islamic Markets, AGBI Real Estate, OECD, KPMG
5) Residential properties now sell in 45 days, down from 60 days last year
The average time for residential properties to sell in Bahrain has dropped to 45 days in 2024, down from 60 days in 2023.
This shift is mainly because of an increase in the supply of homes. With more options available, buyers can make quicker decisions, leading to faster sales.
Another factor is the stability in property prices. When prices remain steady, buyers feel more confident that they're getting a fair deal, which encourages them to act swiftly.
These changes in the market dynamics mean that buyers are finding it easier to purchase homes without the pressure of rising costs.
As a result, the combination of more available homes and stable prices has significantly reduced the time properties spend on the market.
For those considering buying property in Bahrain, this trend indicates a more efficient buying process with less waiting time.
Sources: Savills Research
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6) 30% of Bahrain landlords gave rent-free periods or discounts during 2024 lease talks
In 2024, about 30% of landlords in Bahrain offered rent-free periods or discounts during lease negotiations.
This trend emerged as landlords aimed to attract tenants and reduce high vacancy rates. The real estate market in Bahrain was experiencing an oversupply, with more available apartments than renters actively seeking them.
To tackle this supply-demand mismatch, landlords began offering enticing incentives. These included lower rental rates and rent-free periods, which were strategic moves to keep their properties occupied.
Such incentives were crucial for landlords to maintain a steady rental income despite the challenging market conditions. By offering these benefits, they could ensure their properties remained appealing to potential tenants.
In a market flooded with options, these strategies helped landlords stand out and secure leases more effectively. The competitive landscape pushed them to be more flexible and creative in their offerings.
7) Residential property values in Bahrain are rising at an average annual rate of 4%
The average annual appreciation rate for residential properties in Bahrain is currently 4%.
In Bahrain, the property market is shaped by a mix of supply and demand dynamics. While there's been a rise in the supply of freehold apartments, which might lower prices, the demand for villas is strong, leading to a 7.8% annual increase in villa prices. This mixed performance across different market segments results in a moderate overall appreciation rate.
The luxury property segment is also on the rise, fueled by interest from GCC countries and international investors. This has sparked a surge in high-end developments, which can boost appreciation rates in this segment and influence the overall market average.
Economic factors are crucial too. Bahrain's economy is stable, with a real GDP increase of 3.3% in Q1 2024, which supports property values. However, efforts to diversify the economy and tighter financial conditions might balance out the appreciation rate by tempering demand.
Sources: AGBI, Savills Research, Arab News
8) Residential property auctions in Bahrain are doubling compared to last year
The number of residential property auctions in Bahrain doubled in 2024 compared to 2023.
This surge is largely due to an oversupply of residential units, which has put pressure on the market. When there are more homes than buyers, prices can stagnate or even fall, leading sellers to opt for auctions to attract potential buyers.
In the first quarter of 2024, real estate transactions in Bahrain increased by 23% compared to the same period in 2023. This rise in activity might have made auctions a more appealing option for property owners looking to sell quickly and efficiently.
The luxury real estate market in Bahrain is also on the rise, fueled by both local and international interest. Areas like Manama, Muharraq, and Juffair are buzzing with new high-end developments. This growth in the luxury sector could be pushing more high-value properties into the auction scene.
With more high-end properties entering the market, the overall number of property auctions has increased. This trend is particularly noticeable in areas with active luxury developments.
Sources: AGBI, Savills Research, SLRB, Mordor Intelligence
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9) Expats now dominate 25% of Bahrain's luxury home buyers
In 2024, expats accounted for 25% of buyers in Bahrain's luxury residential market.
The luxury real estate market in Bahrain was on the rise, with projections to hit USD 279.82 million that year. This surge was largely fueled by interest from the GCC and other international regions, highlighting a strong pull for expats and foreign investors.
Bahrain's appeal grew among foreign retirees and investors, thanks to its safe environment and low living costs. The country's progressive policies, like allowing women to work and drive, made it an attractive destination for those eyeing luxury real estate.
Market dynamics were also shaped by the availability of affordable housing with better amenities. Yet, there was a clear trend towards luxury waterfront properties, spurred by Bahrain’s coastal charm and booming high-end tourism.
Expats were particularly drawn to these luxury waterfront options, as they offered a blend of modern living and scenic views. This demand was a testament to Bahrain's strategic location and its evolving real estate landscape.
Sources: Mordor Intelligence, Savills Research
10) Over 70% of expat property buyers are choosing freehold zones like Durrat Al Bahrain
In 2024, over 70% of expat property buyers in Bahrain were drawn to freehold zones like Durrat Al Bahrain.
These areas, including Seef and Amwaj Islands, are among the few places where expatriates can purchase property outright. This legal setup offers a sense of security and ownership, making it highly appealing to foreign investors.
The allure doesn't stop at ownership rights. Luxurious and modern amenities in these zones significantly boost their popularity. Durrat Al Bahrain, for example, is famous for its upscale residential villas and apartments.
Set amidst a collection of islands, Durrat Al Bahrain offers a variety of high-end living options. This level of luxury and exclusivity is a major attraction for expatriates seeking a premium lifestyle.
Expatriates are particularly interested in these areas because they provide a unique blend of comfort and investment potential. The combination of legal ownership and luxury living is hard to resist.
For those looking to invest in Bahrain, these freehold zones offer a compelling package of security, luxury, and exclusivity.
Sources: AGBI, Impact Estate, Property Finder
11) Residential property vacancy rate is dropping to 12%, improving from 15% last year
The residential property vacancy rate in 2024 dropped to around 12%, improving from 15% in 2023.
This shift is partly due to villa prices rising by 7.8% annually, fueled by strong local demand for affordable homes. More people are eager to buy, which naturally reduces the number of empty properties.
There's also been an increase in the supply of residential units, with many freehold apartments now available to international investors. This has likely attracted more buyers, further decreasing vacancy rates.
Although the sources don't specifically mention a 12% vacancy rate, the overall trends in the residential market show a positive shift in demand and supply dynamics.
These changes suggest a healthier market, where both local and international buyers are finding opportunities. The increased interest in affordable units and the availability of freehold apartments are key factors in this trend.
As the market continues to evolve, the balance between supply and demand will be crucial in maintaining these lower vacancy rates. The current dynamics indicate a promising outlook for potential property buyers.
Sources: AGBI, Kane Bridge News ME, Arab News
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12) Freehold property transactions are surging by 10%, fueled by strong investor interest
In 2024, freehold property transactions in Bahrain jumped by 10%, mainly due to investor interest.
The residential real estate market in Bahrain is buzzing with activity. Demand for affordable homes is a major driver, and while apartments face an oversupply, villas are gaining popularity. This shift shows a growing preference for more spacious living.
In the first half of 2024, the market showed mixed results. Villa sales rates rose by 7.8% per square meter compared to 2023, but apartment sales stayed flat. The apartment sector's stagnation is due to a large supply, both current and upcoming.
Despite these challenges, investor confidence remains strong, bolstered by government support. This confidence is crucial for the sector's growth, even as the apartment market struggles.
Government initiatives are also playing a significant role. These efforts are aimed at boosting the real estate market, making it more attractive to both local and foreign investors.
Overall, the real estate sector is evolving, with villas leading the charge. This trend highlights a shift in buyer preferences and market dynamics.
Sources: AGBI, Statista, Zawya
13) Bahrain's residential mortgages now demand a 20% down payment of the property value
In Bahrain, the average down payment for residential mortgages is typically around 20% of the property's value.
While this 20% figure is a common benchmark, some lenders like HSBC Bahrain required a minimum down payment of 30% for their home loans back in 2023 and 2024. This was on the higher end, reflecting a more cautious lending approach.
For foreign nationals, the down payment requirements often ranged from 20% to 30% of the property's purchase price. This range provided some flexibility, but the 20% mark was a frequent starting point for many buyers.
These variations in down payment requirements depended largely on the lender and the borrower's specific circumstances. Local buyers might find more consistent terms, while foreign buyers could experience a wider range of requirements.
Understanding these nuances is crucial for anyone considering purchasing property in Bahrain. Knowing the typical down payment expectations can help potential buyers plan their finances more effectively.
For more detailed information, you can refer to the sources provided. These resources offer insights into the specific lending practices in Bahrain.
Sources: HSBC Basic Home Loans, Bahrain Property Financing
14) Apartment prices in Bahrain are BHD 800 to BHD 1,200 per square meter, based on location
In Bahrain, apartment prices per square meter vary widely depending on the location.
In Seef, a sought-after area, one-bedroom apartments range from BHD 800 to BHD 1,250 per square meter. This is because Seef is popular and in high demand, which naturally pushes prices up. Meanwhile, Amwaj Islands also sees high property prices, with one-bedroom apartments selling from about BHD 740 to BHD 1,100 per square meter. The quality of the apartment's finish can affect the price within this range.
Juffair offers a more budget-friendly option, with one-bedroom apartments generally priced between BHD 700 and BHD 800 per square meter. This makes it an attractive choice for those looking for affordability without compromising on location.
Looking at market trends from 2023 and 2024, prices in Bahrain's residential market have remained stagnant. This is happening alongside an increase in the supply of units, which might lead to price drops if demand doesn't catch up.
Interestingly, there's been an 8% year-on-year increase in villa sales on a square meter basis. This surge is driven by local buyers seeking affordable units, showing a shift in purchasing trends.
Sources: Weetas, AGBI, Aparthotel
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15) 60% of new residential projects launched last year are in the Northern Governorate
In 2024, around 60% of new residential projects sprang up in the Northern Governorate.
According to the Real Estate Regulatory Authority (RERA), this area was bustling with activity, leading in sales transactions across Bahrain during the first quarter of 2024. The Northern Governorate didn't just top the charts in the number of sales; it also boasted the highest total sales value, surpassing BD30 million, which translates to about USD 80 million.
This surge in sales indicates that the Northern Governorate was a hot spot for new residential developments. The region's growth and appeal made it a prime location for launching new projects, mirroring the broader real estate trends seen throughout Bahrain.
With its strategic location and thriving market, the Northern Governorate became a magnet for developers. The area's infrastructure and amenities likely contributed to its popularity, making it a preferred choice for both investors and homebuyers.
As the real estate market evolved, the Northern Governorate's prominence in new projects reflected a shift in focus towards areas with high potential for growth. This trend was not just a coincidence but a result of careful planning and market analysis.
Sources: Real Estate Regulatory Authority (RERA) Report for Q1 2024
16) Lifestyle upgrades are driving 35% of residential buyers in Bahrain
In 2024, 35% of residential buyers in Bahrain were driven by the desire for lifestyle upgrades.
Luxury homes in Bahrain have become a magnet for those seeking sophistication and exclusivity. These properties are not just about a roof over your head; they offer a lifestyle filled with private pools, spas, and fitness centers. Imagine having access to world-class golf courses and marinas right at your doorstep, enhancing the allure of these high-end residences.
Integrated communities are another big draw. They blend residential, commercial, and recreational spaces, offering a holistic living experience. This setup is perfect for those who want everything within reach, from shopping to leisure activities, making it a true lifestyle upgrade.
Developers are also tapping into the wellness trend. By incorporating amenities like spas, fitness centers, and green spaces, they cater to the growing demand for a balanced and healthy lifestyle. It's not just about living; it's about living well.
Both local and international buyers are flocking to these premium spaces, attracted by the promise of a luxurious lifestyle. The demand for such properties is a testament to the rising trend of lifestyle-focused living in Bahrain.
Sources: MarkWide Research, AGBI Real Estate, News of Bahrain
17) 30% of Bahrain property investors focused on buy-to-let opportunities last year
In 2024, around 30% of property investors in Bahrain were keen on buy-to-let opportunities.
The residential property market in Bahrain was thriving, thanks to strong government support and growing investor confidence. This boom was especially noticeable in the demand for modern, luxurious properties like high-end apartments and villas. These types of properties are particularly appealing to buy-to-let investors who aim to earn rental income from premium tenants.
According to the Real Estate Regulatory Authority (RERA), there was a 17.92% increase in the value of real estate transactions in the third quarter of 2024. This surge in market activity likely motivated investors to consider various strategies, including buy-to-let, to take advantage of the flourishing real estate scene.
Bahrain's booming tourism industry also played a significant role. With Manama being named the GCC tourism capital for 2024, the influx of tourists boosted the demand for short-term rental accommodations. This scenario provided investors with lucrative opportunities to generate rental income.
Buy-to-let investments became even more attractive as the tourism sector continued to expand, drawing more visitors to the country. This growth in tourism created a steady stream of potential tenants for short-term rentals, enhancing the profitability of such investments.
Sources: AGBI, News of Bahrain, Savills Research
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18) 70% of Bahrain's residential sales were apartments, showing rapid urbanization
In 2024, about 70% of residential properties sold in Bahrain were apartments, highlighting the country's urbanization trend.
Since 2021, apartment sales in Bahrain have shown remarkable stability, as noted by CBRE Middle East. This consistency suggests that apartments are now a major component of the residential market, with more people opting for urban living where apartments are prevalent.
The supply of freehold apartments was projected to increase by 7% by the end of 2024, offering a significant number of units to international investors. This boost in supply likely made apartments more accessible and appealing, driving their popularity among buyers.
Urban areas in Bahrain are becoming increasingly attractive, with more people choosing the convenience of city life. This shift is evident in the growing demand for apartments, which are more common in these bustling areas.
For international investors, the availability of freehold apartments presents a lucrative opportunity to tap into Bahrain's thriving real estate market. The increased supply has made it easier for them to invest in the country's urban centers.
As urbanization continues, the trend towards apartment living is expected to persist, with more developments catering to this demand. This ongoing shift reflects a broader change in lifestyle preferences among Bahrain's residents.
Sources: AGBI, Kane Bridge News ME, Era Bahrain
19) Luxury apartment sales in Bahrain are surging, up 9%, fueled by affluent buyer demand
In 2024, luxury apartment sales in Bahrain increased by 9%, driven by affluent buyers.
Bahrain's luxury real estate market is thriving, attracting both Gulf buyers and international investors. Its strategic location and stable political climate make it a prime spot for investment. The growing expatriate community also fuels demand, as many seek upscale living options.
Despite challenges like oversupply in the broader market, the luxury segment remains strong. There's a notable demand for luxury waterfront properties and high-end villas, which keeps the market buoyant. Residential unit values, including luxury apartments, have stayed stable, with slight growth in early 2024.
Affluent buyers are particularly interested in properties that offer a blend of modern amenities and traditional charm. This trend is evident in the increased interest in luxury developments that incorporate cultural elements.
Developers are responding to this demand by creating more exclusive communities with top-notch facilities. These developments often feature state-of-the-art amenities like private pools, gyms, and concierge services, appealing to high-net-worth individuals.
The luxury real estate market in Bahrain is not just about properties; it's about lifestyle. Buyers are looking for homes that offer prestige and comfort, making Bahrain a hotspot for luxury living.
Sources: News of Bahrain, Mordor Intelligence
20) New waterfront residential developments made up 15% of all new units delivered last year
In 2024, 15% of all new residential units were waterfront developments.
This surge in waterfront properties traces back to 2023, when Bahrain saw a noticeable spike in demand for luxury waterfront homes. The country's stunning coastal location and a thriving high-end tourism industry have been key drivers of this trend.
According to the Savills Research report on the Bahrain Property Market for Q1 2024, these luxury waterfront properties have become a hot commodity for buyers seeking exclusivity and comfort. This growing interest has fueled a wave of new developments along Bahrain's picturesque coastlines.
While the Savills report highlighted this trend, it didn't specify the exact percentage of new waterfront units delivered in 2024. However, other reports, like those from Mordor Intelligence and AGBI, offer insights into the luxury residential sector and the overall property market, though they don't detail the percentage of waterfront developments.
In Bahrain, the allure of waterfront living is undeniable, with buyers increasingly drawn to the unique lifestyle these properties offer. The combination of stunning views, exclusive amenities, and a sense of tranquility makes these homes highly desirable.
As the demand for luxury waterfront properties continues to rise, developers are keen to capitalize on this trend, ensuring that new projects meet the expectations of discerning buyers. This focus on quality and exclusivity is reshaping the landscape of Bahrain's real estate market.
Sources: Savills Research report on Bahrain Property Market for Q1 2024, AGBI report on Bahrain’s residential property market, Mordor Intelligence report on Bahrain Luxury Residential Real Estate Market
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21) 10% of Bahrain's 2024 residential developments included smart home technology features
In 2024, about 10% of new homes in Bahrain featured smart technology.
This shift was largely influenced by a key partnership between Naseej B.S.C., a prominent local real estate developer, and Batelco, Bahrain’s leading telecom provider. Their collaboration aimed to integrate smart solutions into homes, focusing on energy efficiency, security, and personalization. This move likely encouraged other developers to adopt similar strategies.
Bahrain was also making strides in embracing IoT technologies to build smart cities. Initiatives like smart lighting and smart grids were not only improving energy efficiency but also resonating with consumers who were increasingly aware of sustainability and convenience. The smart home market in Bahrain was expected to grow significantly due to these efforts.
These developments were part of a broader trend where smart home technology was becoming more mainstream in residential projects. The focus was on creating homes that were not just places to live but integrated systems that offered enhanced living experiences.
As more consumers became aware of the benefits of smart technology, the demand for such features in homes increased. This demand was further fueled by the convenience and energy savings that smart home technology promised.
Overall, the integration of smart home features in Bahrain's residential developments was a reflection of a global trend towards smarter living environments. This trend was particularly evident in new housing projects, where developers were keen to offer the latest in home technology.
Sources: Construction Week Online, GO-Globe, Statista, Mordor Intelligence
22) Bahrain's affordable housing projects are now providing 20% of the new housing supply
In 2024, Bahrain's affordable housing projects made up 20% of the new housing supply.
One standout project was the third-phase affordable housing initiative in Sitra, managed by China Machinery Engineering Corporation. This project alone added 530 new apartments to the market, significantly boosting the housing supply. Such developments are crucial as they directly address the growing demand for affordable housing in the country.
Another key player was the public-private partnership led by Naseej, which, despite some delays and funding issues, aimed to develop over 2,800 affordable housing units across Bahrain. This initiative was essential in increasing the availability of affordable homes, helping to meet the needs of many residents.
The overall real estate market trends in Bahrain also supported this growth. The residential property market experienced an increase in supply, which helped balance the demand for affordable units. Notably, the freehold apartment market was expected to grow by 7% by the end of 2024, indicating a healthy expansion in the sector.
These developments were part of a broader strategy to enhance the housing landscape in Bahrain. The increase in affordable housing options was not just about numbers; it was about providing more choices for residents, ensuring that more people could find homes that fit their budgets.
Such projects are vital for the country's future, as they lay the groundwork for sustainable growth in the housing sector. By focusing on affordable housing, Bahrain is taking significant steps to ensure that its residents have access to quality living spaces.
Sources: Sinomach, AGBI, MEED, BizBahrain
23) Half of Bahrain's tenants chose unfurnished apartments in 2024 to save money
In 2024, nearly 50% of tenants in Bahrain chose unfurnished apartments to cut costs.
The residential market in Bahrain was quite dynamic, with villa prices increasing by 7.8% annually, while apartment rates remained stable. This stability in apartment prices made them a more appealing option for those looking to save money.
There was a growing demand for affordable housing, particularly among local buyers. This trend was evident as sales of affordable villas surged, indicating a strong preference for economical living solutions.
For many tenants, opting for unfurnished apartments was a strategic move to manage expenses. By choosing unfurnished spaces, they could avoid the higher costs associated with furnished rentals, aligning with the broader trend of seeking cost-effective housing.
In this context, unfurnished apartments became a practical choice, allowing tenants to customize their living spaces without the added expense of pre-furnished options. This flexibility was particularly attractive to those prioritizing budget over convenience.
Sources: AGBI, Savills Research, Arab News
24) Rents for three-bedroom villas in Bahrain’s suburbs are rising 4%, now averaging BHD 750 per month
In 2024, rents for three-bedroom villas in Bahrain's suburbs rose by 4%, averaging BHD 750 per month.
This increase is part of a larger trend in Bahrain's property market, where shifts in demand and supply dynamics have been noted. According to Savills Research, while there has been a rise in the supply of residential units, demand hasn't quite matched up, potentially putting downward pressure on apartment prices.
However, the specific rise in rent for three-bedroom villas suggests these properties are in higher demand. This could be due to their appealing features, such as location and size, which make them attractive to renters.
Interestingly, high-end villas have seen a dip in capital values, hinting at some fluctuations in the rental market. The increase in rent for three-bedroom villas might be a localized trend, reflecting specific market conditions in certain areas or for certain property types.
These dynamics suggest that while the overall market might be experiencing some pressure, certain segments, like three-bedroom villas, are bucking the trend. This could be due to their unique appeal or specific demand factors in the suburbs.
Sources: Savills Research
This article gives you valuable insights, but remember, it’s not and will never be investment advice. We pull data from a range of sources to provide you with the most accurate picture possible, yet we can’t guarantee complete accuracy. Markets are difficult to predict. Make sure to do your own research and consult a professional before making any financial moves. Any risks or losses are your own responsibility.