Bahrain Luxury Residential Real Estate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Bahrain Real Estate Market Report and It is Segmented by Type (apartments and Condominiums, Villas, and Landed Houses) and by Key Cities (Manama, Muharraq, Juffair, and the Rest of Bahrain). The Report Offers Market Size and Forecast Values (in USD) for all the Above Segments.

Bahrain Luxury Residential Real Estate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Bahrain Luxury Residential Real Estate Market Size

Bahrain Luxury Residential Real Estate Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 296.92 Million
Market Size (2030) USD 399.41 Million
CAGR (2025 - 2030) 6.11 %
Market Concentration Low

Major Players

Bahrain Luxury Residential Real Estate Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Bahrain Luxury Residential Real Estate Market with other markets in Real Estate and Construction Industry

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Bahrain Luxury Residential Real Estate Market Analysis

The Bahrain Luxury Residential Real Estate Market size in terms of transaction value is expected to grow from USD 296.92 million in 2025 to USD 399.41 million by 2030, at a CAGR of 6.11% during the forecast period (2025-2030).

  • The luxury residential real estate market in Bahrain has demonstrated robust growth and is poised for further expansion, spurred by both domestic and international demand. Factors such as Bahrain's strategic location, its stable political and economic climate, and an increasing expatriate population are driving this segment's success. Key areas like Manama, Muharraq, and Juffair are witnessing active developments of high-end properties, including villas, apartments, and landed houses. Investors from neighboring Gulf Cooperation Council (GCC) nations, especially Kuwait and Saudi Arabia, along with a rising interest from expatriates, are primarily fueling the demand for luxury properties.
  • Bahrain's allure as a more affordable option compared to other Gulf cities, notably Dubai, is a significant driver of this demand. While Bahrain's luxury market flourishes, it remains a cost-effective choice, with property prices generally trailing those in the UAE. The nation's liberal policies, such as tax-free income and capital gains, amplify its attractiveness, drawing foreign investments. Furthermore, Bahrain's coastal allure and its burgeoning tourism sector have heightened the demand for exclusive waterfront properties. This trend is bolstered by an increasing number of high-net-worth individuals eyeing such assets.
  • New developments have significantly influenced the luxury residential scene. Projects like Golden Gate Towers, Onyx Bahrain Bay, and Marina Bay have introduced thousands of upscale units, intensifying competition and broadening buyer choices. While supply has surged, it's been met with a corresponding demand, especially in the luxury villa segment, which has seen rising capital values. Conversely, the apartment market has faced a slight dip in sales, with prices experiencing minor declines due to an oversaturated supply.
  • Despite the optimistic outlook, Bahrain's luxury residential market contends with challenges from regional rivals, notably Dubai, which boasts a more extensive luxury property pool and a seasoned real estate landscape. As Bahrain carves out its luxury niche, it might benefit from spotlighting its distinct advantages: a more affordable living cost, a stable investment climate, and an expanding array of luxury waterfront properties. With the government backing infrastructure growth and a steady influx of international capital, Bahrain's luxury residential market is set to flourish, appealing to both investors and discerning buyers in the region.
  • Looking ahead, the market's trajectory appears promising, with significant developments on the horizon. New units in locales like Diyar Al Muharraq, Dilmunia, and Amwaj Islands are set to cater to the surging demand for luxury real estate. While short-term market fluctuations might arise from oversupply and regional competition, the long-term forecast for Bahrain's luxury residential sector remains strong, bolstered by regional investor demand, ongoing infrastructure investments, and Bahrain's stature as a premier destination for upscale living.

Bahrain Luxury Residential Real Estate Industry Overview

The Bahrain luxury residential real estate market is fragmented, with many local, regional, and a few global players. Some of the major players in the market are Diyar Al Muharraq, Naseej, Durrat Khaleej Al Bahrain, Durrat Marina, and Ithmaar Development Company. The merger and acquisition activity in Bahrain is also expected to increase in the coming years, likely increasing luxury residential real estate development and thereby encouraging more companies to enter the market.

Bahrain Luxury Residential Real Estate Market Leaders

  1. Diyar Al Muharraq

  2. Naseej

  3. Durrat Khaleej Al Bahrain

  4. Durrat Marina

  5. Ithmaar Development Company

  6. *Disclaimer: Major Players sorted in no particular order
Bahrain Luxury Residential Real Estate Market Concentration
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Bahrain Luxury Residential Real Estate Market News

  • November 2024: Infracorp, one of the prominent players in the infrastructure and sustainability development sector, is set to present its varied portfolio of real estate and development projects at the forthcoming Cityscape Bahrain 2024 real estate expo. Under the patronage of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, Cityscape Bahrain 2024 will commence on November 26 at the Exhibition World Bahrain, spanning four days. Infracorp's participation comes on the heels of its notable success at the previous edition, as stated by the company.
  • February 2024: In a significant development, Mohamed Alabbar, Chairman of Eagle Hills International, has disclosed new insights about Binaa Al Bahrain Company, announcing a remarkable $4 billion investment, as reported by Invest-Gate. This substantial investment is a result of a joint venture agreement between Eagle Hills International, a private real estate investment and development firm headquartered in Abu Dhabi and select Bahraini partners.
  • January 2023: Kooheji Development, based in Bahrain, announced a collaboration with its construction unit, Kooheji Contractors, to break ground on the group's new mixed-use project, Onyx SkyView, which will be built on a 108,000 square meter plot in Bahrain Bay. The key development was designed with high architectural standards, including a landscape feature with an uninterrupted Manama skyline and full sea views, and it includes luxury residences, offices, and an attractive retail unit on both sides of the project.

Bahrain Luxury Residential Real Estate Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Current Market Scenario and Consumer Sentiments
  • 4.2 Luxury Residential Real estate Buying Trends Socio-economic and Demographic Insights
  • 4.3 Government Initiatives and Regulatory Aspects for the Luxury Residential Real estate Sector
  • 4.4 Insights into Interest Rate Regime for General Economy and Real estate Lending
  • 4.5 Insights into Rental Yields in the Luxury Residential Real Estate Market
  • 4.6 Insights into Affordable Housing Support provided by Government and Public-Private Partnerships
  • 4.7 Insights into Real Estate Tech and Startups Active in the Real Estate Segment (Broking, Social Media, Facility Management, and Property Management)
  • 4.8 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 High demand with signs of increased residential project developments and buyers in the market
    • 5.1.2 The growing population in Bahrain is driving the luxury residential real estate sector
  • 5.2 Market Restraints/Challenges
    • 5.2.1 The Bahrain real estate sector has been growing at a slower pace in recent years
    • 5.2.2 The increased cost of credit due to higher interest rates is starting to dent demand for luxury real estate in Bahrain
  • 5.3 Market Opportunities
    • 5.3.1 The luxury residential sector has been witnessing a lot of speculative activity driven mainly by trading by Kuwaiti and Saudi investors
    • 5.3.2 The merger and acquisition activity in Bahrain is also expected to increase in the coming years
  • 5.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 5.4.1 Bargaining Power of Suppliers
    • 5.4.2 Bargaining Power of Buyers/Consumers
    • 5.4.3 Threat of New Entrants
    • 5.4.4 Threat of Substitute Products
    • 5.4.5 Intensity of Competitive Rivalry

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Condominiums and Apartments
    • 6.1.2 Villas and Landed Houses
  • 6.2 By Key Cities
    • 6.2.1 Manama
    • 6.2.2 Muharraq
    • 6.2.3 Juffair
    • 6.2.4 Rest of Bahrain

7. COMPETITIVE LANDSCAPE

  • 7.1 Overview (Market Concentration and Major Players)
  • 7.2 Company Profiles
    • 7.2.1 Diyar Al Muharraq
    • 7.2.2 Naseej B.S.C
    • 7.2.3 Durrat Khaleej Al Bahrain
    • 7.2.4 Manara Developments
    • 7.2.5 Seef properties
    • 7.2.6 Carlton Real Estate
    • 7.2.7 Golden Gate
    • 7.2.8 Arabian Homes Properties
    • 7.2.9 Bin Faqeeh
    • 7.2.10 Pegasus Real Estate*
  • *List Not Exhaustive

8. MARKET OPPORTUNITIES AND FUTURE OF THE MARKET

9. APPENDIX

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Bahrain Luxury Residential Real Estate Industry Segmentation

Luxury residential real estate refers to properties that are exclusively designed for human occupation and that provide charm and resort life with high-end amenities. A complete background analysis of the Bahrain luxury residential real estate market, including the assessment of the economy and contribution of sectors in the economy, a market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact, is covered in the report.

The Bahrain luxury residential real estate market is segmented by type (apartments and condominiums, villas, and landed houses) and by key cities (Manama, Muharraq, Juffair, and the rest of Bahrain). 

The report offers market size and forecast values (in USD) for all the above segments.

By Type Condominiums and Apartments
Villas and Landed Houses
By Key Cities Manama
Muharraq
Juffair
Rest of Bahrain
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Bahrain Luxury Residential Real Estate Market Research FAQs

How big is the Bahrain Luxury Residential Real Estate Market?

The Bahrain Luxury Residential Real Estate Market size is expected to reach USD 296.92 million in 2025 and grow at a CAGR of 6.11% to reach USD 399.41 million by 2030.

What is the current Bahrain Luxury Residential Real Estate Market size?

In 2025, the Bahrain Luxury Residential Real Estate Market size is expected to reach USD 296.92 million.

Who are the key players in Bahrain Luxury Residential Real Estate Market?

Diyar Al Muharraq, Naseej, Durrat Khaleej Al Bahrain, Durrat Marina and Ithmaar Development Company are the major companies operating in the Bahrain Luxury Residential Real Estate Market.

What years does this Bahrain Luxury Residential Real Estate Market cover, and what was the market size in 2024?

In 2024, the Bahrain Luxury Residential Real Estate Market size was estimated at USD 278.78 million. The report covers the Bahrain Luxury Residential Real Estate Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bahrain Luxury Residential Real Estate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Bahrain Luxury Residential Real Estate Industry Report

Statistics for the 2025 Bahrain Luxury Residential Real Estate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bahrain Luxury Residential Real Estate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.