Diyar Al Muharraq Participates in 3rd Edition of Housing Finance Exhibition

Press release

Published February 8th, 2024 - 06:37 GMT

Diyar Al Muharraq Participates in 3rd Edition of Housing Finance Exhibition

During the event.

Diyar Al Muharraq has announced its participation in the third edition of the Housing Finance Exhibition organized by the Ministry of Housing and Urban Planning. The exhibition is taking place in City Centre Bahrain from the 8th to the 17th of February 2024, with the involvement of several real estate development companies and banks.
The launch of the exhibition comes as part of the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa Crown Prince and Prime Minister to host events that aim to familiarize the community with the various housing finance services and programs available to them. In addition to showcasing financing services offered by the Ministry of Housing, the event will provide citizens with exclusive real estate and financing offers. The exhibition aims to bring both real estate and housing systems together under one roof.
The ’Baity’ platform launched during the event, in which Diyar Al Muharraq is showcasing its master plan and its most prominent residential projects through this new real estate application. ‘Baity’ aims to lead to further partnerships between private sector service providers and housing solutions and their beneficiaries, as the platform will target homeowners, housing applicants, residential unit seekers, and commercial banks. The platform will also include properties categorized according to the type of real estate, location, governorate, and more. As such, this seeks to enable interested homeowners to obtain housing that suits their needs and financial abilities, whether through government financing or commercial banking facilities.
Commenting on the participation, Eng. Ahmed Ali Alammadi, Chief Executive Officer of Diyar Al Muharraq, said: “We are pleased to be participating alongside a suite of real estate developers in this year’s edition of the Housing Finance Exhibition in line with the directives set by His Royal Highness Prince Salman bin Hamad Al Khalifa Crown Prince and Prime Minister. This year, we look forward to showcasing our various residential projects through the ‘Baity’ platform, as we hope to meet the needs of Bahrainis through suitable, modern housing units.”
To learn more about Diyar Al Muharraq’s residential projects, kindly visit the Diyar pavilion at the Housing Finance Exhibition, or visit the website at https://www.diyar.bh/en.

Background Information

Diyar Al Muharraq

Diyar Al Muharraq is one of the largest real estate development projects in the Kingdom of Bahrain. It is an urban location the blends elements of modern life and the original Bahraini heritage, with its unique mix of residential and commercial projects making it among the best investment opportunities for both personal and commercial assets. Diyar Al Muharraq is located in the northern part of the city of Muharraq, on a total area of 12 square kilometres, with 7 reclaimed islands with an area of 10 square kilometres and 40 kilometres of waterfronts and picturesque sandy beaches, and aspires to be a sustainable model city for the foreseeable future. Diyar Al Muharraq’s projects will incorporate all the elements that constitute an integrated community in all respects, this includes residential and educational facilities, medical centres, commercial complexes, parks, hotels and ship harbours, making the location an ideal place for families to settle and enjoy a rich social living environment.