Bahrain Records 5,038 Property Sales in First Half

TDT | Manama

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 Bahrain’s property market topped BD671 million in sales in the first half of 2026, despite a sharp dip in March as regional tensions weighed on trading.

Figures from the Survey and Land Registration Bureau showed 5,038 sale deals worth BD671.03m were recorded by the end of June.

The wider property register was busier still. A total of 14,751 property-linked transactions were logged in the first six months of the year, including 9,713 general registrations covering mortgages, ownership transfers, attestations and other filings outside direct buying and selling.

April was the strongest month for sale deals, with 1,129 transactions. January followed with 933, ahead of February on 923. June recorded 857 deals, while May had 770.

March was the clear low point, with 339 sale deals, at a time of mounting tension and unrest across the region.

The half-year tally came after a slower first quarter, when property sales reached BD283.86m across 2,196 deals. That was down 2.6 pc in value from the same period in 2025, while the number of deals fell by 2.62 pc year on year.

Data from the Real Estate Regulatory Authority showed 544 new building permits were issued in the first quarter, a fall of 7.72 pc from a year earlier.

Housing ran against the trend. Residential building permits rose to 510, up 8.4 pc, giving homes the largest share of new permits.

Land remained the most traded property type in the first quarter, with 891 transactions, up 3.8 pc year on year. Real estate profession licences also rose, reaching 374, a rise of 3.87 pc.

Muharraq Governorate led by number of transactions, with 637 deals. Diyar Al Muharraq was the busiest area, with 157 transactions.

The Northern Governorate recorded the highest value of property trading, at about BD102.4m. Hamala led by area, with sales worth about BD20.5m in the first quarter.

In real estate projects, off-plan sales contracts were worth BD25.27m in the first quarter, down 29 pc from the same period last year.

The number of documented flats and floors stood at 624 units, down 2.95 pc.