The head of the Bahraini Area and Property Registration Service, Salman bin Abdallah Al Khalifa, declared that the real estate market in Bahrain saw until the third quarter of 2005 a significant activity in the sphere of real estate investments, reported the Bahraini newspaper, Al-Ayyam, on October 11.
The actual results of the real estate sector until the third quarter of 2005 show a 25% increase in real estate trade in comparison to the same period of 2004. Total real estate transactions until the third quarter of 2005 totaled BD396,436,756 ($1.05 billion) compared to BD316,389,791 ($839.3 million) in 2004.
The share of non-Bahraini citizens in the real estate trade until the third quarter of the year was 8% compared to 10% in 2004.
