Diyar Al Muharraq Signs Al Nuzha Finance Deal in Bahrain

Leading real estate developer Diyar Al Muharraq has signed a strategic agreement with Kuwait Finance House Bahrain (KFH) to offer financing options to prospective buyers of residential plots at Al Nuzha.

Al Nuzha is located in the Northern Islands within Diyar Al Muharraq's integrated city in Bahrain.

The agreement was signed during the Innovation Summit in the Social Housing Sector 2026, organised by the Ministry of Housing and Urban Development in Manama.

Al Nuzha Residential Plots

Al Nuzha offers serviced residential plots ranging from approximately 240 to 371 square metres. Prices start at BD77,662.

The development allows buyers to build homes according to their individual requirements.

The project provides access to key retail and lifestyle destinations within Diyar Al Muharraq, including Marassi Galleria, Souq Al Baraha and Dragon City Bahrain.

Residents will also have access to educational institutions, healthcare services and recreational facilities.

Al Nuzha is approximately a 10-minute drive from Bahrain International Airport.

KFH to Provide Financing Solutions

Under the agreement, KFH – Bahrain will provide financing solutions to customers seeking residential plots at Al Nuzha.

Eligible customers can also benefit from exclusive offers from Diyar Al Muharraq.

The signing ceremony was attended by Mohamed Zakout, Deputy CEO Retail Banking at KFH Bahrain, and Eng. Ahmed Ali Alammadi, CEO of Diyar Al Muharraq, along with representatives from both organisations.

The companies said the collaboration reflects their shared commitment to supporting access to homeownership in Bahrain, meeting family housing needs and supporting the Kingdom's wider socioeconomic development.

Also Read: Bahrain Accelerates Muharraq City Infrastructure Upgrades

BBK and Khaleeji Bank Also Sign Agreements

Diyar Al Muharraq also signed home finance agreements with Bank of Bahrain and Kuwait (BBK) and Khaleeji Bank on the sidelines of the Innovation Summit.

Under its agreement with Diyar Al Muharraq, BBK will facilitate homeownership opportunities at Al Nuzha through exclusive purchasing benefits for its customers.

Mohammed Zainalabedin, Assistant General Manager of Retail Banking at BBK, and Mohamed Ghaleb Al Mahmood, Head of Sales at Diyar Al Muharraq, signed the agreement in the presence of Al Ammadi and representatives from both organisations.

Also Read: Diyar Al Muharraq to Unveil New Plots at Bahrain Expo

Khaleeji Bank Offers Tailored Financing

The Khaleeji Bank agreement was signed by Khalil Al Hashimi, Head of the Elite Employer Accounts Unit, and Mohamed Ghaleb Al Mahmood, Head of Sales at Diyar Al Muharraq.

Under the agreement, Khaleeji Bank will provide tailored financing solutions to eligible customers, together with exclusive offers from Diyar Al Muharraq for the Al Nuzha development.

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