
Bahrain Property Market - Q3 2021
"Bahrain’s economy exhibited resilience and growth over the last few months, and GDP is now estimated to have grown by 5.7% y-o-y in Q2 2021."
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"Bahrain’s economy exhibited resilience and growth over the last few months, and GDP is now estimated to have grown by 5.7% y-o-y in Q2 2021."
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"The industrial and logistics sector in Dubai continues to be the most resilient real estate asset class in the city."

"Demand for Grade A space has remained strong over the last three months, this is contrary to the same period in 2020 when markets were easing out of lockdown."

"Bahrain real estate transactions rose by 36% y-o-y, reaching BHD 226 mn in Q2 2021 compared to BHD 166 mn in Q1 2020, as reported by SLRB."
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"This edition of the Oman Property Report finds the Sultanate’s economy in a better and more optimistic position than 12 months ago but the outlook for the real state sector remains challenging."
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"The office market in Dubai has been dynamic over the last three months, continuing a trend which started in Q4 2020."
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"Transaction activity remained upbeat in Q1 2021 as close to 10,000 units were transacted across the city."

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"Almost all of the evidence suggests that, for the next two to three years, office space will become even scarcer and correspondingly more expensive. Office occupiers would be well advised to prepare accordingly and develop strategies to deal with an even more acute supply shortage. Going forward, from 2020/21 the outlook is more unclear simply because we do not currently know how strong the growth in supply will be at that point. In addition, there are a number of factors (greater efficiency of space via co-working, slower urban growth and the ageing population) which are highly likely to result in slower growth in demand for office space, albeit this is almost impossible to quantify specifically owing to the complexity of the circumstances."