Bahrain

Cityscape Bahrain 2023 Concludes With Over BD 3 Billion in Projects and BD 240 Million in Deals

Cityscape Bahrain concluded last week, attracting over 10,000 visitors from across Bahrain and the MENA region. The event showcased 58 mega real estate projects, collectively valued at an astounding $8 billion, marking a staggering 155% increase compared to 2022. Moreover, the event catalysed a remarkable BD 240 million in deals, a 144% surge from 2022.

Cityscape Bahrain 2023 also featured a conference and seminar programme that brought over 300 delegates, led by local and regional industry pioneers and experts, under the theme of “Sustainability and Digital Transformation in the Real Estate Sector.” The conference brought together industry stakeholders to discuss the latest trends and developments in these critical areas, with a call to action to implement more sustainable and digitally enabled business models.

On the sidelines of the event, the Bahrain Real Estate Innovation Competition took place, embracing the innovations of national talents and their contributions to integrating innovative ideas into the development of the real estate sector and sustainability in Bahrain. Shaikha Bahar, the creator of the “Sustainable Smart Neighbourhood” project, won first place and received a cash prize of 10,000 dollars. The second-place winner was Abdulrahman Showaiter, the creator of “SAND: Electronic Real Estate Identity,” who received a cash prize of 6,000 dollars. Ali Al-Quran, the creator of the “Aqar Secure Real Estate Investment Platform,” secured third place and received a cash prize of 4,000 dollars.

The inaugural ‘Architects of Tomorrow’ competition under the theme ‘Sustainable Architecture for a Better World’ unveiled its two People’s Choice Award winners, showcasing the most projects that demonstrated sustainable architecture. The winners are Zainab Jaafar Ahmed Abdulla Husain Alhalal, University of Bahrain, and Lama Jassim S. Alshaikh, Royal University for Women.

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