101 million dinars in trading volume during May strengthens market stability
The real estate sector in the Kingdom of Bahrain continued its positive and sustainable performance, recording strong trading levels during May, pushing the total value of real estate transactions since the beginning of the year to over half a billion dinars. This performance reflects continued confidence in the market and the resilience of investment activity, as the sector successfully maintained a robust and active pace following the exceptional surge it achieved last April, confirming the market’s attractiveness and its ability to consistently attract capital.
Official data issued by the Survey and Land Registration Bureau indicated that the total value of real estate transactions for the current year reached 544,611,688 Bahraini dinars by the end of May, representing an achievement that reflects the continued strong flow of investments into the sector. Statistics showed that this outstanding cumulative performance resulted from the completion of 11,760 real estate transactions since the beginning of the year, confirming the market’s strength and its continued positive and promising growth trajectory.
The figures revealed that May played a significant role in bolstering this achievement, with real estate transactions reaching a value of 101,033,089 Bahraini dinars, representing 2,360 documented transactions. Official indicators showed that the real estate market successfully maintained its momentum. Following the record-breaking surge in April, with 2,982 transactions, May continued its solid performance, exceeding the 100 million dinar mark. This demonstrates the market’s stability and its ability to build upon previous gains without a sharp decline.
Regarding May’s outstanding daily performance, indicators showed intense and sustained activity. May 11th topped the list, recording the highest daily trading volume with 288 transactions. Reports added that May 5th came in second in terms of daily activity with 264 transactions, followed by May 12th with 190 transactions, highlighting a robust buying trend concentrated in the middle of the month.
The overall trading activity confirmed the sector’s strength, resilience, and continued attractiveness. Records showed a sustained positive flow of investors, beginning with 2,453 transactions in January, followed by 1,938 in February, 2,027 in March, and culminating in a significant surge of 2,982 transactions in April. The data concluded by emphasizing that the 2,360 transactions recorded in May further solidified this success, reinforcing the real estate sector’s position as a fundamental and stable pillar of the economy.