Diyar Al Muharraq, a leading real estate developer in Bahrain, was the first real estate development company licensed by the Real Estate Regulatory Authority (RERA) by receiving the Developer License Certificate.
Diyar Al Muharraq has succeeded in being the first real estate developer to work in compliance with the provisions of Law (27) of 2017. The real estate company has proven full commitment to following all regulations and laws in the Kingdom of Bahrain.
In addition to that, the Company also received the ‘Market Research Advertising License’ certificates for two of its projects, Al Barah, in its first phase, and Al Naseem.
Dr. Maher Al Shaer, the Chief Executive Officer of Diyar Al Muharraq, said: “It brings me immense pleasure to announce our new accomplishment as becoming the first real estate company to receive a license as a real estate developer by the Real Estate Regulatory Authority. Diyar Al Muharraq is consolidating its position as the leading real estate development company in the Kingdom by following the latest laws and organizing all its activities in accordance with the authority’s regulations. We are deeply honored to receive this license, which reflects the outstanding efforts of Diyar Al Muharraq and its continuous cooperation with RERA. We appreciate all the endeavors of the Authority in promoting the real estate sector in the Kingdom of Bahrain.”