A strong regulatory environment for real estate

RERA’s priority is to create a solid legislative infrastructure necessary to manage growth and development. RERA will provide a strong regulatory framework for buyers, developers, brokers and sales agents and improve real estate transaction standards.

Setting Standards

RERA is here to help real estate practitioners in Bahrain achieve internationally-recognised standards in the real estate sector. The RERA licensing requirements are in line with international best practice. To facilitate the new standards, RERA has created a straightforward application process.

Transparency in the market
RERA will protect buyers from non-professional developers by creating a lien contract, a period of contract study and progress payments under RERA supervision, signing and licensing documents by independent engineers, and new requirements for developing and operating the owners' associations.

Non-Compliance & Penalties

All brokers, sales agents and developers must hold a RERA license on or before August 31, 2018.

Penalties will be imposed for non-compliance and will include license suspension or cancellation, and/or a violation registered against Commercial Registration and/or closure of the office of the business.