Valuation Department’s 2024 Achievements: Outstanding Success & Record-Breaking Numbers
The Valuation Department has had a record-breaking year in 2024, concluding with a total valuation of BHD 306,211,920. This milestone highlights the strong market activity and increasing demand for professional valuation services. Notably, November recorded the highest valuation at BHD 62,616,300, followed by June at BHD 50,467,600, and August with BHD 36,705,800.
These exceptional figures emphasize the department’s vital role in supporting investment decisions and ensuring accurate property assessments. As we move into 2025, the team remains committed to enhancing its services, providing reliable real estate insights, and continuing its contribution to the growth of the market.
The year 2024 marked a significant milestone for the Valuation Department, demonstrating exceptional achievements that reflect the continuous growth of the real estate market and the trust our clients place in our services. The figures recorded throughout the year are more than just numbers—they represent our strong market presence and the critical role we play in supporting investment decisions.
- Strong Performance & Record-Breaking Figures
Throughout 2024, the Valuation Department delivered outstanding results, with the total value of appraised properties surpassing BHD 306 million. Among the standout months, November topped the list with BHD 62.6 million, followed by June at BHD 50.4 million. This performance highlights the active market and growing demand for accurate and reliable valuation services.
- The Role of Valuation in Strengthening Investment Decisions
The department’s role extends beyond providing numbers; it serves as a foundation for well-informed investment decisions. Through precise property evaluations, we empower investors and real estate developers with accurate market insights, helping them make strategic, data-driven choices.
With these remarkable achievements, we look forward to 2025 with even greater ambition. We aim to enhance our valuation services through advanced market analysis and cutting-edge assessment tools, continuing to deliver the most accurate and reliable real estate insights to our clients.
This success is a testament to the dedication and expertise of our valuation team, reaffirming our leadership in the real estate sector. We take pride in these accomplishments and remain committed to driving excellence in Bahrain’s property market.
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