Introduction to the Sustainable Development Goals
In 2015, all United Nations Member States adopted the 2030 Agenda for Sustainable Development, which outlines 17 key goals aimed at eradicating poverty, protecting the planet, and ensuring peace and prosperity for all. The Kingdom of Bahrain is fully committed to achieving these goals through diverse policies and initiatives that support sustainable economic and social development. The Real Estate Regulatory Authority (RERA) plays a vital role in supporting these national efforts.
Our Commitment to Goal 11: Sustainable Cities and Communities
Goal 11 aims to make cities and human settlements inclusive, safe, resilient, and sustainable.
RERA actively supports this goal through a range of strategic initiatives, including:
Licensing Off-Plan Sales Projects, ensuring projects are executed to the highest standards, safeguarding the rights of buyers and investors, and contributing to the development of integrated, sustainable communities.
Establishing Advertising Regulations for Licensed Entities, setting clear standards to guarantee transparency and credibility in all real estate advertising campaigns.
Enhancing the Use of QR Codes in line with international best practices, enabling licensed entities to integrate QR codes into advertisements to allow investors and consumers to verify the credibility of real estate projects and service providers easily.
Monitoring and Oversight of Real Estate Projects to ensure compliance with environmental and sustainability standards.
Launching the Real Estate Information Bank, aggregating accurate and up-to-date data from more than 11 governmental and private sector entities, supporting informed decision-making and encouraging real estate investment.
Our Commitment to Goal 8: Decent Work and Economic Growth
Goal 8 focuses on promoting sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.
RERA's contributions to this goal include:
Increasing the Contribution of the Real Estate Sector to the National GDP, thus strengthening Bahrain's economic diversification efforts.
Organizing Cityscape Bahrain, a major platform that promotes local and international real estate investments and expands job opportunities within the sector.
Participating Actively in Local and International Real Estate Conferences and Exhibitions, fostering knowledge exchange and promoting best practices to further enhance Bahrain's real estate services.
Creating a Transparent and Attractive Real Estate Business Environment, by establishing modern regulatory frameworks that support sustainability, innovation, and employment opportunities.
Key Achievements of the Real Estate Regulatory Authority in Supporting Sustainable Development
Issuing clear and binding Real Estate Advertising Regulations to ensure transparency and professionalism in marketing practices.
Launching an advanced electronic platform for real estate project registration and monitoring, improving operational efficiency and service delivery.
Updating the use of QR Code Technology to enhance the reliability and transparency of real estate advertisements.
Developing the Real Estate Information Bank, consolidating data from over 11 entities to provide investors with up-to-date, reliable real estate information.
Actively engaging in regional and international real estate conferences and exhibitions to drive innovation and apply the best global practices.
Collaborating with government and private sector partners to enhance the real estate sector's governance and align it with Bahrain's Economic Vision 2030 and the Sustainable Development Goals.
Building a Sustainable Real Estate Future
At the Real Estate Regulatory Authority, we believe that sustainability is not just an option, but a responsibility towards future generations. Through strategic planning and continuous innovation, we are committed to fostering a transparent, strong, and sustainable real estate sector that supports the Kingdom of Bahrain's development goals and reinforces its position as a leading real estate and investment hub both regionally and globally.
