Bahrain’s real estate transactions jump 46% in 2021 – Construction Week Online
- Date: 25-Jan-2022
- Source: Construction Week
- Sector:Real Estate
- Country:Bahrain
Bahrain’s real estate transactions jump 46% in 2021 – Construction Week Online
Bahrain’s real estate transactions value rose by 46% in 2021, to US$2.8 billion (1,046,162,080 BHD), compared to US$1.9 billion (717,436,872 BHD) in 2020, according to figures released by Bahrain’s Survey and Land Registration Board.
The total real estate transactions hit 26,136 in 2021, an increase of 35% compared to 19,405 transactions in 2020.
The growth coincides with several major developments, including Bahrain’s recently announced National Economic Recovery Plan.