Laying The Foundations For A Bright Future In Bahrain Real Estate

New resolutions have been introduced to boost investor confidence and fulfil an efficient and sustainable real estate market in the Kingdom of Bahrain. Decision No. 1 of 2018 Concerning Licenses of Developers, Brokers and Sales Agents ('Decision No. 1') and Decision No. 2 of 2018 Concerning Licenses for Real Estate Developments Projects ("Decision No. 2") were issued in the Official Gazette and came into force on 2 March 2018.

After the successful launch and operation of the Real Estate Regulatory Authority ('RERA'), a regulatory body now oversees the real estate sector in the Kingdom of Bahrain. Decision No. 1 and Decision No. 2 are the first of a number of regulations, to be issued by RERA over the coming months in line with Law 27 of 2017 Concerning the Promulgation of the Real Estate Sector Regulation Law ('Real Estate Law').