A Guide on the RERA Bahrain Licensing

by Zaara 13, Sep 2022

The real estate market is booming for a Bahrain company formation as it witnessed a high demand in residential project developments and buyers. A boost in tourism also sets up cinema halls and shopping malls.

So, heavy investments are made for construction purposes, and the government also focuses on small businesses. The RERA (Real Estate Regulatory Authority) vision is to make Bahrain a premier destination for global and regional investment.

To sell a property, the real estate sales agents must hold a specific license and be affiliated with a RERA Bahrain licensed broker.

The RERA Bahrain License Details

You must submit the relevant documents for RERA license requirements according to the different categories and pay the RERA license fee.

The tables below will guide you through the RERA certification requirements as per the profession types:

  1. License for Real Estate Brokers in Bahrain
Type of Service The Legal Type Documents Required RERA License Cost
Issuance Corporate CR
  • A Good Conduct Certificate (valid for three months)
  • A CPD certificate
  • A professional indemnity insurance certificate (coverage BD 100,000)
  • Proof of experience
  • A CR details printout
  • A copy of the CR certificate
 BD 300
Issuance Individual CR
  • A Good Conduct Certificate (valid for three months)
  • A CPD certificate
  • A professional indemnity insurance certificate (coverage BD 50,000)
  • Proof of experience
  • A copy of the CR certificate
 BD 300
Renewal Corporate CR
  • A transaction record
  • A smart card copy and printout
  • A Good Conduct Certificate (valid for three months)
  • A CPD certificate
  • A professional indemnity insurance certificate (coverage BD 100,000)
 BD 100
Renewal Individual CR
  • A transaction record
  • A smart card copy and printout
  • A Good Conduct Certificate (valid for three months)
  • A CPD certificate
  • A professional indemnity insurance certificate (coverage BD 50,000)
 BD 100

2. For Developers

Type of Service The Legal Type Documents Required RERA License Cost
Issuance Corporate CR
  • A smart card copy and printout
  • A Good Conduct Certificate (valid for three months)
  • An excellent financial standing letter
  • A copy of the CR certificate
  • A CR details printout
  • A financial report for the last three years
  • The corporate structure
 BD 20
Issuance Individual CR
  • A smart card copy and printout
  • A Good Conduct Certificate (valid for three months)
  • An excellent financial standing letter
  • A copy of the CR certificate
  • A declaration of the developments undertaken in the last five years
 BD 20
Renewal Corporate CR
  • A Good Conduct Certificate (valid for three months)
  • A copy of the CR certificate
  • A CR details printout
  • A financial report for the last three years
 BD 20
Renewal Individual CR
  • A smart card copy and printout
  • A Good Conduct Certificate (valid for three months)
  • An excellent financial standing letter
  • A copy of the CR certificate
  • A declaration of the developments undertaken in the last five years
 BD 20

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3. For Bahrain Real Estate Agents (Sales)

Type of Service Documents Required
Issuance
  • A smart card copy and printout
  • A Good Conduct Certificate (valid for three months)
  • A CPD certificate
  • A copy of a valid VISA for a resident
  • An authorization letter
  • An employment letter from the employer
  • An employment contract
  • A copy of the passport of a resident
Renewal
  • A smart card copies and printout
  • A Good Conduct Certificate (valid for three months)
  • A CPD certificate
  • A copy of a valid VISA for a resident
  • An authorization letter

The Real Estate Regulatory Authority Bahrain 

The RERA license holders must adhere to the regulations and international real estate standards by law. They need to keep the following points in mind for a real estate company registration in Bahrain:

  • The sales agents and brokers display their license cards to prospective buyers/sellers and must quote their license number
  • The developers must show their RERA License Certificate to the prospective buyers
  • A professional sales agent or broker will offer in-depth knowledge of the local marketplace and assist investors, property buyers, and sellers in making well-informed decisions
  • Knowing that the buyers will purchase a quality unit from a reputable developer, a professional developer will reassure them of the same
  • The authority seeks to create a professional and trusted real estate industry to safeguard the rights of every investor, homeowner, and purchaser.

We maintain close contact with the government authorities in Bahrain and take care of all paperwork saving you valuable time. The most affordable business setup solution is just a call away.

Contact us for further discussions.

FAQs

Under which law the license requirement was introduced?

For real estate professionals, it was introduced under RERA Law 27 of 2017.

Is the CPD program essential for real estate professionals?

All sales agents and brokers must participate in the RERA Continuous Professional Development (CPD) programme's licensing process.

Who is accredited by RERA to deliver the CPD programs?

The Bahrain Institute of Banking and Finance (BIBF).

Where is the register of the property developers and licensed real estate professionals maintained by the authority?

On the RERA website.

What are the documents required for the license renewal of a Bahrain real estate sales agent?

The following documents are essential:

  • A smart card copies and printout
  • A Good Conduct Certificate (valid for three months)
  • A CPD certificate
  • A copy of a valid VISA for a resident
  • An authorization letter.