The Real Estate Regulatory Authority (RERA) was officially formed with the issuance of Royal Decree 69/2017. RERA will deliver on the vision of His Royal Highness Prince Salman bin Hamad bin Isa Al Khalifa the Crown Prince Deputy Supreme Commander and First Deputy Prime Minister to:
- Deliver effective and fair regulation in the real estate market
- Promote economic growth and investment in Bahrain
- Protect the rights of and create a better life for every Bahraini
The central role of RERA is to ensure that the real estate industry in Bahrain is aligned to international best practice standards and to deliver a professional service in a cost-effective and transparent manner.
RERA will work closely with Government and industry stakeholders to oversee the development of a National Real Estate Policy supported by a national five-year sector strategy and plan to bolster the real estate sector, improve consumer protection and streamline real estate services.