The President of the Survey and Land Registration Bureau (SLRB) His Excellency Shaikh Salman bin Abdulla Al Khalifa announced that trading in real estate in the Kingdom of Bahrain has witnessed a big jump in the first three quarters of this year 2014. The total volume of trading in real estate during the period up to  the end of September reached BD1,008,203,404 (Bahrain Dinars one billion eight million two hundred three thousand and four hundred and four), which represents an increase of 45% compared to the same period of last year, 2013. This big jump is unprecedented compared to previous years.

Trading in the third quarter of this year reached BD 285,534,287 (Bahrain Dinars two hundred eighty five million, five hundred thirty four thousand, hundred and eighty seven), which represents an increase of 47% compared to the same period of last year 2013.

His Excellency added that this jump reflects the positive economic climate in the Kingdom and the high confidence of real estate traders and investors in the Kingdom of Bahrain. These positive results have undoubtedly encouraged Gulf real estate investors to invest and trade in the Kingdom of Bahrain. Accordingly, real estate dealings by GCC nationals until the end of September of this year have increased by 98%, while dealings by foreign investors have also increased by 34%.

His Excellency Shaikh Salman stressed that these achievements were the result of government policies and measures as well as the adoption of modern management concepts that aim to achieve excellence and strengthen the state of law and institutions. The foundation of the concept of the state of law and institutions was laid by the King of Bahrain His Majesty King Hamad bin Isa Al Khalifa with the support of the Prime Minister His Royal Highness Prince Khalifa bin Salman Al Khalifa and the Crown Prince, First Deputy Prime Minister His Royal Highness Prince Salman bin Hamad Al Khalifa.

The following table shows the value of real estate transactions made by Bahrainis, Gulf nationals and foreigners during the period from January to September of 2014 compared to the same period of 2013:

The following table shows the value of real estate transactions made by Bahrainis, Gulf nationals and foreigners during the period from April to June of 2014 compared to the same period of 2013:

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