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ARTICLE · 27 MARCH 2015

The New Bahrain Law Governing Real Estate Developments

Charles Russell Speechlys LLP
Charles Russell Speechlys LLP
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Charles Russell Speechlys LLP

Charles Russell Speechlys LLP

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Bahrain has issued Law No. 28 of 2014 in relation to governing real estate developments in Bahrain (New Law).

BahrainReal Estate and Construction

Bahrain has issued Law No. 28 of 2014 in relation to governing real estate developments in Bahrain (New Law).

The New Law was published in Issue No. 3168 of the Bahrain Legal Gazette dated 7 August 2014.

Real estate developments are defined in the New Law as "property development works or projects which are licensed in accordance with the provisions of the New Law irrelevant of its nature (infrastructure or construction of buildings) or objects thereof (commercial, industrial, residential private or public) or method of financing (off plan sales, lease to own, Musataha arrangements, or BOT ("Build, Operate and Transfer) or the person undertaking them (natural or corporate) (Development). For the purposes of this article, any entity or person who carries out such an activity in accordance with the provisions of the New Law will be referred to as a developer (Developer).

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