Aaref Hejres, Managing Director of Diyar Al Muharraq

The other thing is affordable housing. We have been very successful and have designed around 340 affordable homes. Stage 1 sold out within ten days and Stage 2 will be released soon with more affordable homes.

Robert Jonathan Lee, CEO of Bahrain Bay

You can see that the frequency and locations are increasing weekly. Is it a massive increase? No, but you can see there is something new going on. It is that kind of anecdotal signs which show there is a renewed element of risk-taking.

Mohammed Younis Shafi, Director of Serene Landmark Bahrain

We have had two crises – one of which was the world economic crisis. We were slowly recovering with all the projects going at that time. Some projects have been on hold due to the crisis.

Bob Vincent, CEO of Bahrain Bay

Regarding economic growth and maturity, we are at the bottom of the curve and long term investors recognise that to do business it is necessary to ride that curve. Real-estate in general goes through five, seven and even nine-year cycles, and it is not different here in Bahrain Bay.

Saleem Elias A. Aziz, Acting CEO of Al-Enma'a House for Real Estate

The first quarter of 2011 has been dominated by the civil and political unrest. In terms of the Bahrain’s real estate market, there is an oversupply of developed properties. However, there is still a high potential for the affordable housing projects.