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BizBahrain April 2016

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Interview | Riffa Views<br />

football academies, Riffa Palms Mall,<br />

mosques, and recently the Riffa Views<br />

International School, which is a leader<br />

in providing world-standard education.<br />

Together these make Riffa Views a<br />

unique and distinguished complex.<br />

Given the fact that the Riffa Views<br />

is among the first luxury real estate<br />

projects in Bahrain, how has the<br />

property development market and sector<br />

changed since its establishment?<br />

The Riffa Views project is the<br />

first of its kind in Bahrain regarding<br />

the provision of green spaces and<br />

playgrounds, wonderful panoramic<br />

views of the golf courses, as well its<br />

strategic location - easily accessed<br />

from all parts of Bahrain. I think that<br />

the Riffa Views project has brought<br />

about a quantum leap within the series<br />

of real estate development projects in<br />

the kingdom. Since its establishment,<br />

many property development<br />

companies have visited the Riffa Views<br />

Project to get first-hand information<br />

about its elements and unique<br />

features. This has raised the bar for<br />

the real estate development market<br />

as the level of luxury, quality of work<br />

and construction of other property<br />

development projects need to aim to<br />

match those of Riffa Views.<br />

With regard to the situation of the<br />

real estate and property development<br />

sector in the Kingdom of Bahrain,<br />

it is undoubtedly considered one of<br />

the main sectors in the economic<br />

development process of the country,<br />

and this is reflected in the government’s<br />

keen interest to develop it.<br />

The real estate market is<br />

considered the best in the region, as<br />

it is growing steadily. Investors are<br />

increasingly interested in it thanks<br />

to the success rates it provides, all<br />

of which enhance the investors’<br />

confidence and increase the chances<br />

of success for real estate projects.<br />

May <strong>2016</strong><br />

19

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