As Part of the Government Land Development Rights Program Projects and Coinciding with the Social Housing Innovation Conference and Exhibition 2026.

The Social Housing Innovation Conference and Exhibition 2026 witnessed the signing of an agreement between Eskan Bank and Bahrain First Real Estate Development to market and sell housing units in the “Hay Al Sahel” project in Salman City, as part of the Government Land Development Rights Program.

The agreement comes within the framework of public-private sector partnerships aimed at supporting the development of social housing projects and increasing the supply of housing units, providing citizens with diverse housing options that align with the available housing financing programs.

The “Hay Al Sahel” project is one of the residential developments being implemented by Bahrain First Real Estate Development under the Government Land Development Rights Program. It aligns with the Ministry of Housing and Urban Planning’s approach to leveraging the expertise and capabilities of real estate developers to deliver integrated housing projects and strengthen private sector participation in supporting the Kingdom of Bahrain’s housing development objectives.

The agreement was signed alongside the second edition of the Social Housing Innovation Conference and Exhibition, which serves as a platform bringing together various stakeholders in the housing ecosystem, including government entities, financial institutions, and real estate developers. The event contributes to transforming partnerships and innovative solutions into tangible housing projects and options for citizens.

Mr. Omar Faisal Al Tamimi, Chief Executive Officer of Bahrain First Real Estate Development, stated: “We are proud to strengthen our partnership with the Ministry of Housing and Urban Planning through the development of the ‘Hay Al Sahel’ project in Salman City. We consider the signing of this agreement with Eskan Bank an important step in supporting the marketing and sale of housing units and making the project available to citizens. The project reflects our commitment to contributing to social housing developments and strengthening the private sector’s role in supporting the Kingdom’s housing development objectives.”

For his part, Mr. Khalid Al Khaja, Senior Manager of Corporate Relations at Eskan Bank, stated: “The signing of this agreement represents an important step in strengthening public-private partnerships and supporting the provision of diverse housing options for citizens. The ‘Hay Al Sahel’ project falls under the Government Land Development Rights Program, which highlights the importance of leveraging private sector capabilities to develop housing projects that meet citizens’ needs and provide more flexible options for obtaining suitable housing.”

He added: “At Eskan Bank, we are committed to supporting partnerships of this nature, which contribute to increasing the supply of housing units and expanding the range of options available to citizens, in line with the Ministry of Housing and Urban Planning’s strategic direction and the Kingdom’s objectives for developing the social housing ecosystem.”

The “Hay Al Sahel” project is part of a package of new housing projects launched by the Ministry of Housing and Urban Planning in Salman City, comprising 137 housing units across three developments being implemented by several real estate developers, including 44 units developed by Bahrain First Real Estate Development.