Manama: Cityscape Bahrain 2024 has reinforced its position as a key platform for showcasing the Kingdom's progress in real estate and sustainable development. Industry leaders, developers, and financial institutions highlighted transformative projects and initiatives aligned with Bahrain's Vision 2030, underscoring innovation, environmental sustainability, and economic growth. According to Bahrain News Agency, Kooheji Development unveiled the Onyx Water Garden in Seef District, a luxury waterfront project consisting of two towers with 503 apartments. Mohamed Al Kooheji, CEO of Kooheji Development, described the project as a lifestyle statement, offering branded residences with world-class amenities, including indoor swimming pools, VIP lounges, coworking spaces, and an artificial beach. He emphasized the project's sustainability features, such as advanced energy management systems, LED lighting, and renewable energy solutions, all designed to reduce environmental impact and deliver value for residents and in vestors. The prime location near the King Fahd Causeway adds to its appeal for high-end buyers from Saudi Arabia, bolstering Bahrain's real estate sector. Hawar Resort by Mantis, located on the UNESCO-protected Hawar Islands, exemplifies sustainable tourism. Moosa Al Khuzaie, Senior Sales Manager, highlighted the resort's unique sustainable practices, like solar energy, a water bottling plant, and on-site greenhouses to minimize logistics and environmental impact. The project is entirely sustainable, with no plastic allowed on the island and measures to minimize carbon impact. The resort offers activities such as safaris, snorkeling, and a survival academy, positioning it as a key destination for eco-tourism. Al Khuzaie noted that the resort would elevate Bahrain's international profile and significantly contribute to the tourism sector and GDP. Durrat Al Bahrain presented the Jewel of Marjan, a luxury villa project featuring 200 waterfront residences equipped with solar energy systems and sustainable irrig ation solutions. Yasser Al Hammadi, CEO of Durrat Al Bahrain, stated that the project combines sustainability with luxury, adhering to government standards while integrating innovative solutions to reduce environmental impact. He highlighted the competitive pricing of Bahrain's real estate market as a key driver for Gulf and international investments. The project also emphasizes community-oriented design, offering private beaches and open spaces for a tranquil living environment. BBK (Bank of Bahrain and Kuwait) underscored its role as a key enabler of Bahrain's sustainable development goals through innovative financial services. Ahmed Taqi, General Manager, highlighted BBK's pioneering efforts to align real estate financing with environmental sustainability. The bank has introduced specialized loans to support renewable energy projects, including interest-free financing for solar installations in residential properties. BBK also provides funding for energy-efficient housing, ensuring accessibility to sustai nable practices for citizens and residents. BBK's broader strategy integrates sustainability into its operations by investing in initiatives that focus on reducing energy and water consumption and avoiding harmful investments. At Cityscape, BBK introduced instant loan approvals for housing finance to simplify property acquisition while aligning with Bahrain's sustainable urban growth goals. Cityscape Bahrain 2024 demonstrated how collaboration between developers, financial institutions, and stakeholders is driving Bahrain's real estate sector forward.
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