Bareeq Al Retaj Partners with BBK to Provide Financing Offers for Citizens and Residents

Bareeq Al Retaj, a leading real estate development company based in the Kingdom of Bahrain, has signed a partnership agreement with the Bank of Bahrain and Kuwait (BBK), a leading financial institution in Bahrain offering commercial and retail banking services, to deliver facilitated financing solutions at competitive rates on units available in Ras Hayan Village and Wahati projects. The exclusive offer is aimed at all GCC citizens and residents.
This partnership will enable future homeowners to purchase units from the Ras Hayan Village and Wahati projects at flexible down payment rates, with competitive interest rates for citizens and expatriates. Additionally, the offer provides Tas’heel beneficiaries with competitive interest rates for a period of 30 years.
Commenting on the joint collaboration, Dr. Maher Al Shaer, Vice Chairman and Managing Director of Bareeq Al Retaj, stated: “We are pleased to be partnering with BBK, a prestigious financial institution in the local banking industry, to equip potential buyers with exclusive financing offers at competitive rates on Ras Hayan Village and Wahati. At Bareeq Al Retaj, we strive to build our portfolio of partnerships to support the growth of our residential projects that cater to a variety of lifestyle needs and facilitate ownership for citizens and residents. We are confident that these partnerships solidify our role as a key partner in achieving national aspirations for the local housing file.”
Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, stated: “We are delighted to announce our strategic partnership with Bareeq Al Retaj Company, aimed at offering convenient, flexible, and competitive real estate financing solutions. This initiative will assist our valued customers in acquiring units in the Ras Hayan Village and Wahati apartments. This collaboration reflects our ongoing commitment to benefiting the citizens of the Kingdom by providing distinguished real estate products that align with customer needs and market trends.”
Situated amidst the mangroves on the east coast of Bahrain, Ras Hayan Village redefines sustainable modern living embraced by nature. Fit for every nature lover, the development is ideal for community-minded families. The project includes RA and RHA plots ranging from 211 to 717 sqm, suitable for the diverse needs of customers.
Wahati is located in the heart of Muharraq, in Qalali, with close proximity to the capital, Diyar Al Muharraq, and Amwaj Islands, as well as several entertainment and shopping destinations. The project includes apartments with 2 to 3 master bedrooms, a living room, laundry room, enclosed kitchen, housekeeping room, and parking, offering a spacious, integrated and modern residential space. Furthermore, Wahati Apartments and Ras Hayan Village both meet the requirements of the Social Housing Financing Scheme, Tas’heel.

Scroll to Top