Bahrain: Property transaction volumes surge during Q1

  • Date: 19-May-2021
  • Source: Gulf Insider
  • Sector:Real Estate
  • Country:Bahrain
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Bahrain: Property transaction volumes surge during Q1

Bahrain has witnessed solid growth in property transaction volumes for the first quarter which rose by 36% to hit $600 million, compared to the last year’s figures of $440 million, according to data released by Bahrain’s Survey and Land Registration Board.  

These figures represent a boost of more than a third compared to the same period last year when numbers were just over $440 million.  

According to the report, just under 3,000 properties were sold across the kingdom during the first three months, up 51% over last year, which reached just under 2,000.