Real Estate

Get to Know the Most Expensive Areas in Bahrain

Seef is Bahrain’s most expensive residential area, and it is easy to see why. Located in the northern part of Manama, the capital city of Bahrain, Seef was developed as a result of land reclamation works. Waters from three sides surround this suburban area, and its name means “shore” in the region’s dialect. Here are some reasons why Seef is the most expensive area in Bahrain:

  • Prime location: Seef is in the heart of Manama, making it a prime location for residential and commercial properties. It is close to major shopping malls, restaurants, and entertainment centers, making it a popular choice for ex-pats and locals.
  • High-end lifestyle: Seef offers a luxurious lifestyle unmatched by any other area in Bahrain. It is home to some of the country’s most prestigious hotels, resorts, and spas, attracting high-end tourists and residents. 
  • Expensive real estate: Seef is known for its expensive real estate prices, some of the highest in Bahrain. The area is home to some of the most luxurious villas, apartments, and penthouses sought by wealthy investors and residents. The demand for properties in Seef is high, which has led to a steady increase in real estate prices over the years.

Geographical Overview and Accessibility

Bahrain is an island country in the Persian Gulf near Saudi Arabia and Qatar. The country comprises a small archipelago of 50 natural islands and 33 artificial islands centered on Bahrain Island. The most expensive area in Bahrain is Manama, Bahrain’s capital city.

Bahrain

Central Locations

Manama is the most central location in Bahrain, where most of the country’s major businesses and financial institutions are located. The most expensive area in Bahrain is located in the Seef district of Manama, known for its luxury hotels, high-end shopping centers, and residential buildings. Other central locations in Bahrain include Juffair, a popular residential area with a large expatriate community.

Transportation Networks

Bahrain has an extensive transportation network, including a modern road system, an international airport, and a seaport. The Bahrain International Airport is the country’s main airport, providing direct flights to several major cities in the Middle East, Europe, and Asia. The King Fahd Causeway connects Bahrain to Saudi Arabia, a major transportation route for goods and people.

In addition to the King Fahd Causeway, several other transportation options are available for those traveling to and from Bahrain. These include:

  • Bahrain-Qatar Friendship Causeway
  • Bahrain Public Transport Company (BPTC) buses
  • Taxis and private car hire services

Overall, Bahrain is a well-connected country with a modern transportation network that makes it easy for visitors and residents to get around.

Bahrain

Housing and Accommodation

Luxury Properties

Bahrain is home to some of the most luxurious properties in the Middle East. The most expensive areas in Bahrain for housing and accommodation are Amwaj Islands, Muharraq, Saar, and Reef Island. These areas are famous for stunning waterfront views, modern architecture, and luxurious amenities.

  • Amwaj Islands: This area is famous for its luxurious apartments and villas. The Janubiya Villa in Amwaj Islands is one of the most expensive properties in Bahrain, with an estimated rent of BHD 5,000 per month.
  • Muharraq: The traditional architecture of Muharraq is a unique feature that attracts many expats. The rental prices for luxury properties in Muharraq vary from BHD 800 to BHD 2,000 per month.
  • Saar: Saar is a popular residential area in Bahrain with upscale villas and apartments—the rental prices for luxury properties in Saar range from BHD 1,000 to BHD 3,000 per month.
  • Reef Island: This area is famous for its luxurious waterfront apartments and villas—the rental prices for luxury properties in Reef Island range from BHD 1,500 to BHD 4,000 per month.

Rental Market Trends

The rental market in Bahrain is constantly evolving, with new properties being built and old ones being renovated. The rental prices in Bahrain vary depending on the location, size, and property type.

  • Rent: A one-bedroom apartment is around BHD 300 to BHD 400 per month. A two-bedroom apartment can cost anywhere from BHD 450 to BHD 700 per month, while a three-bedroom apartment can cost between BHD 700 to BHD 1,000 per month.
  • Housing: Bahrain offers a variety of housing options, including apartments, villas, and townhouses. The most popular type of housing in Bahrain is apartments, available in various sizes and prices.
  • Accommodation: Expats in Bahrain have a wide range of accommodation options, including serviced apartments, hotels, and rental properties. Serviced apartments are popular for expats who want a hassle-free living experience.
  • Rental Market: The rental market in Bahrain is competitive, with many expats and locals vying for the best properties. The most expensive areas in Bahrain for rental properties are Juffair, Amwaj Islands, and Seef. However, rental prices in other regions, such as Saar and Muharraq, are also rising.

Cost of Living Analysis

Bahrain is a country that is known for its high standard of living. It is important to note that the cost of living in Bahrain varies depending on the area. Seef is one of the most expensive areas in Bahrain and has a higher cost of living than others.

Bahrain

Utilities and Essentials

  • The cost of utilities such as gas, water, and electricity is relatively high in Seef compared to other areas in the country.
  • The average monthly cost of utilities for an 85m² apartment in Seef is around BHD 40.
  • The cost of internet in Seef is reasonable, and the average monthly cost for a 60 Mbps internet connection is around BHD 13.
  • Groceries are also expensive in Seef compared to other areas in Bahrain.

Leisure and Entertainment Costs

  • Seef is known for its luxurious shopping malls, such as Seef Mall, one of Bahrain’s largest malls.
  • The mall has a variety of high-end stores, restaurants, and entertainment options such as cinemas and arcades.
  • The cost of entertainment in Seef is relatively high compared to other areas in Bahrain.
  • The average cost of a movie ticket in Seef is around BHD 4.5, which is higher than the average cost in other areas of Bahrain.
  • Restaurants and bars in Seef are also expensive compared to other areas in Bahrain.
  • The cost of alcohol in Seef is also relatively high compared to other areas in Bahrain.

Overall, the cost of living in Seef is higher than in other areas in Bahrain. However, it is essential to note that Seef’s luxurious lifestyle justifies the high cost of living.

Bahrain

Lifestyle and Cultural Insights

Bahrain has a rich culture and history, and the Seef area is no exception. Here are some insights into the lifestyle and culture of the area:

Dining and Cuisine

  • Seef is known for its diverse culinary scene, with various international restaurants and cafes.
  • Traditional Bahraini cuisine is also available, with dishes such as matchbooks (spiced rice with meat or fish) and muhammara (sweet rice with sugar and spices).
  • Seafood is a popular choice, given the area’s proximity to the sea.
  • Local markets offer fresh produce and spices for those who enjoy cooking at home.

Social and Recreational Activities

  • Seef is a popular destination for tourists and locals, with various entertainment options.
  • The area boasts several shopping malls, including the Bahrain City Centre and Seef Mall.
  • For those interested in culture and history, there are many historical sites to visit, such as the Bahrain National Museum and the Bahrain Fort.
  • Mosques surround the area, reflecting the importance of Islam in Bahraini culture.

Overall, Seef offers a vibrant and diverse lifestyle, with something for everyone to enjoy. Expats and locals alike can appreciate the blend of modern amenities and traditional Bahraini culture.

Bahrain

Economic and Employment Opportunities

Business Environment

Seef is the business hub of Manama and offers a thriving business environment with numerous opportunities for financial services, multinational firms, headquarters, and embassies. The Kingdom of Bahrain has an open economy that encourages foreign investment and provides a favorable business environment. Bahrain’s strategic location, advanced infrastructure, and skilled workforce make it ideal for businesses looking to expand in the GCC region.

  • Bahrain’s overall ranking rose to 45th out of 141 economies in the World Economic Forum’s 2019 Global Competitiveness Index.
  • The country’s aim to become an international logistics center is supported by several major projects, including expanding Bahrain International Airport and constructing a new Khalifa bin Salman Port.
  • Bahrain’s economy rose from the impact of the COVID-19 pandemic and more successfully avoided the worst of global inflationary pressure, mainly because its currency is pegged to the US dollar.

Job Market

Seef offers a diverse job market with opportunities in various sectors. The employment rate in Bahrain is relatively high, and the country has a low unemployment rate compared to other GCC countries. Bahrain’s labor laws provide a favorable environment for employers and employees, making it an attractive destination for expats.

  • The construction boom in Bahrain has increased property supply and high vacancy rates, providing job opportunities in the construction industry.
  • The financial services sector is one of the largest employers in Bahrain, with numerous job opportunities in banking, insurance, and investment.
  • The average salary in Bahrain is relatively high compared to other GCC countries, and the country offers tax-free income for expats.

Seef offers a favorable business and employment environment with numerous opportunities for businesses and job seekers.

Bahrain MLS

Subscribe to Bahrain MLS to discover the best properties in Bahrain. Bahrain MLS is your new best friend if you’re a licensed real estate professional. As a part of Arab MLS, Bahrain MLS strives to elevate the Bahrain real estate industry and establish it as an international player, boosting its economy and attracting foreign investments.

ARAB MLS 3

Frequently Asked Questions

What area in Bahrain is the most luxurious place to live?

The most luxurious area in Bahrain is Seef, in the northern part of Manama, the capital city of Bahrain. Waters surround Seef from three sides and are famous for their high-end amenities and luxurious lifestyle.

Which neighborhood in Bahrain is most favored by expatriates for its high-end amenities?

Juffair is the most favored neighborhood in Bahrain by expatriates for its high-end amenities. It is a bustling area that offers a wide range of entertainment, dining, and shopping options.

Regarding real estate, which city in Bahrain holds the highest value?

Manama is the city in Bahrain with the highest value in terms of real estate. It is the capital city of Bahrain and is famous for its modern architecture and high-rise buildings.

What are the top residential areas in Bahrain for affluent locals and expatriates?

The top residential areas in Bahrain for affluent locals and expatriates are Seef, Juffair, and Amwaj Islands. These areas offer luxurious apartments, villas, and townhouses with high-end amenities and facilities.

How does the cost of living in Juffair compare to other upscale areas in Bahrain?

Juffair is one of the most upscale areas in Bahrain, and the cost of living is relatively high. However, the cost of living in Juffair is still lower than in other exclusive areas such as Seef and Amwaj Islands.

What are the most cost-effective places to live in Bahrain for those on a budget?

For those on a budget, the most cost-effective places to live in Bahrain are Riffa, Muharraq, and Isa Town. These areas offer affordable housing options and a lower living cost than other areas in Bahrain.

  • Riffa
  • Muharraq
  • Isa Town

 

مؤسّس منصة الشرق الاوسط العقارية

أحمد البطراوى، مؤسّس منصة الشرق الاوسط العقارية و منصة مصر العقارية ،التي تهدف إلى تبسيط عمليات التداول العقاري في الشرق الأوسط، مما يمهّد الطريق لفرص استثمارية عالمية غير مسبوقة

Related Articles

Get Latest Updates! *
Please enter a valid email address.

Categories

×