Construction & Real Estate

Diyar Al Muharraq seals home finance deal with Khaleeji Bank

MANAMA
Diyar Al Muharraq seals home finance deal with Khaleeji Bank

Bahrain's leading real estate developer Diyar Al Muharraq has signed a strategic MoU with Khaleeji Bank to offer financing options to prospective buyers of residential plots at the Al Nuzha development located within the Northern Islands of its mega integrated city.

Al Nuzha offers serviced residential plots ranging from about 240 to 371 sq m, with prices starting at BD77,662. The development allows buyers to build homes according to their individual requirements.

The deal was inked by Khalil Al Hashimi, the head of the Elite Employer Accounts Unit at Khaleeji Bank, and Mohamed Ghaleb Al Mahmood, the head of sales at Diyar Al Muharraq, during the Innovation Summit in the Social Housing Sector 2026, organised by the Ministry of Housing and Urban Development in capital Manama. 

Under the agreement, Khaleeji Bank will provide tailored financing solutions to eligible customers, alongside exclusive offers from Diyar Al Muharraq.

The collaboration underscores a shared commitment to supporting greater access to homeownership in Bahrain, thereby meeting family needs, and supporting the Kingdom’s wider socioeconomic development, it added.-TradeArabia News Service