36 Days
Source:
البلاد
Dar Al Muharraq and Al Baraka sign agreement for Al Nozeha project
Diyar Al-Muharraq in Bahrain intends to sign a memorandum of understanding with Al Baraka Islamic Bank to support financing for the purchase of residential plots within the Nuzha project. The goal is to provide flexible financing options for citizens and create a comprehensive living environment with spaces ranging from 240 to 371 square meters, at prices starting from 77,662 Bahraini Dinars. This step comes as part of efforts to support national initiatives aimed at promoting sustainable urban development and enabling citizens to own their homes. The memorandum will be signed on the sidelines of the 2026 Social Housing Innovation Conference and Exhibition. The initiative is part of the real estate sector's efforts to enhance financing solutions and facilitate access to housing, aligned with a strategic plan to develop the real estate sector in Bahrain.
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