Edamah

What Edamah does

Edamah (officially Bahrain Real Estate Investment Company) is the wholly owned real estate development and asset management arm of Bahrain Mumtalakat Holding Company, the Kingdom's sovereign wealth fund. Established in 2006 and headquartered in Bahrain Bay, Manama, the company develops, manages, and invests in a diversified national portfolio spanning leisure, hospitality, retail, industrial, residential, and — increasingly — agricultural assets. Its flagship project is the 1.6 million m² Bilaj Al Jazayer integrated beachfront destination, complemented by Tivoli Residences (150 branded beachfront units), Reef Mall (45,000 m²), Sa'ada Waterfront (13,112 m², Muharraq heritage district), the 87,382 m² Sitra Industrial Park, and joint-venture hospitality assets including the 712,000 m² Jumeirah Gulf of Bahrain Resort & Spa and the Hawar Resort by Mantis.

Edamah operates across three engagement tiers: wholly owned projects (Reef Mall, Sitra Industrial Park, Sharwa Complex), managed projects (Sitra Mall, Riyadat Mall), and joint ventures with strategic partners (Jumeirah, Mantis/Accor, Tivoli, Sunset Hospitality Group, GFH Financial Group, Badia Farms). Revenue is generated through one-time residential property sales (Tivoli Residences starting at BD 84,240), recurring retail, commercial, and industrial leasing, and fee-based asset management, development management, property management, and advisory services. Buyer financing is facilitated through bank partnerships with Al Salam Bank and BBK. Distribution runs through direct sales and leasing teams, dedicated project websites, the corporate site (edamah.com), annual Cityscape Bahrain exhibitions, press, and the November 2025-launched interactive investment platform.

Underlying capabilities include sustainable design and ESG-integrated development practices, in-house master-planning (Bilaj Al Jazayer designed with AECOM), and operational technology partnerships — notably Wavegarden Cove wave-generation technology for the MENA-first Bahrain Surf Park. The company employs 11–50 staff, is governed by a Board chaired by Mumtalakat's CEO H.E. Shaikh Abdulla bin Khalifa Al Khalifa, and is led operationally by CEO Khaled Abdulrahman Al Majed (appointed March 2025).

Name

Edamah

Legal name

Bahrain Real Estate Investment Company

Website

https://edamah.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Edamah is the real estate development and asset management arm of Bahrain's sovereign wealth fund (Mumtalakat), developing and managing a diversified portfolio of leisure, hospitality, retail, industrial, residential, and agricultural assets across the Kingdom of Bahrain.

Ownership category

akta.pro rank

Product category

Real Estate Development and Asset Management

NAICS

Real Estate Property Managers (53131), Rental and Leasing Services (532), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Luxury Beachfront & Waterfront Villas (THAMAEAE)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Luxury Vacation Rental Management (BPAJAIAD), Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Real estate development
• Asset management services
• Mixed-use development
• Hospitality development
• Sovereign real estate investment

Headquarters

HQ city

Manama

HQ country

Bahrain

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Property Sales: Edamah sells residential properties including branded residences like Tivoli Residences at Bilaj Al Jazayer. Units range from one-bedroom apartments to duplexes and penthouses. Starting prices at BD 84,240 for Tivoli Residences.
2. Commercial Leasing: Edamah leases retail, commercial, and industrial spaces across its portfolio including Reef Mall, Sa'ada Waterfront, Sharwa Complex, Sitra Mall, Riyadat Mall, and Sitra Industrial Park. Leasing enquiries handled through dedicated team (+973 1756 1222).
3. Asset Management Services: Enhancing efficiency of real estate assets by developing sustainable strategies to maximize returns and ensure optimal asset utilization for third-party owners.
4. Development Management: Leading strategic development projects that contribute to creating integrated urban environments, supporting quality of life and aligning with Kingdom's aspirations in key sectors.
5. Advisory Services: Providing specialized expertise and strategic studies to support decision-makers in adopting effective real estate investments that promote sustainability and attract capital to the local market.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Edamah develops, owns, manages, and invests in real estate across the Kingdom of Bahrain, spanning residential, retail, hospitality, industrial, and mixed-use projects. Its portfolio includes flagship integrated destinations such as Bilaj Al Jazayer (1.6 million sqm), branded residences like Tivoli Residences, retail malls (Reef Mall, Sitra Mall, Riyadat Mall, Sa'ada Waterfront, Sharwa Complex), the Sitra Industrial Park, and joint-venture hospitality assets (Hawar Resort by Mantis, Jumeirah Gulf of Bahrain Resort & Spa). The company offers property sales, commercial leasing, and asset, development, property, and advisory management services for institutional and government clients.

Product overview

Edamah (Bahrain Real Estate Investment Company) is the real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), the Kingdom's sovereign wealth fund. Established in 2006, Edamah operates a diversified portfolio of wholly owned, managed, and joint-venture projects spanning leisure, hospitality, retail, industrial, and residential sectors across Bahrain. The portfolio comprises flagship integrated destinations (Bilaj Al Jazayer), branded residential (Tivoli Residences), retail properties (Reef Mall, Sharwa Complex, Sa'ada Waterfront), managed retail assets (Sitra Mall, Riyadat Mall), an industrial park (Sitra Industrial Park), and hospitality joint ventures (Hawar Resort by Mantis, Jumeirah Gulf of Bahrain Resort & Spa). Services include asset management, development management, property management, and investment advisory. Edamah also launched an interactive digital investment platform for its portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Bilaj Al Jazayer A flagship integrated beachfront destination spanning 1.6 million sqm along Bahrain's southwest coast, featuring a 3 km beach, residential, hospitality, retail, and entertainment components including Tivoli Residences, Tivoli Hotel, Avani Hotel, Bahrain Surf Park, and Azure Beach Club.
• Tivoli Residences Five-star fully furnished beachfront apartments within Bilaj Al Jazayer, operated by Tivoli Hotels & Resorts, offering 150 units from one-bedroom apartments to three-bedroom duplexes and penthouses with hotel-level amenities including rooftop pool, fitness studio, beach club, and 24-hour concierge. Starting prices from BD 84,240, with bank financing through Al Salam Bank and BBK.
• Reef Mall A family-focused retail destination in Malkiya, Bahrain, spanning 45,000 m², offering shopping, dining, cafés, and children's entertainment with recently refreshed interiors, lighting, and amenities. Available for commercial leasing.
• Sharwa Complex A mixed-use commercial complex in Bahrain currently undergoing extensive renovation to create modern space for businesses and visitors, upgrading facilities and public areas. Available for leasing.
• Sa'ada Waterfront A heritage waterfront development in historic Muharraq, Bahrain, spanning 13,112 m² with 36+ marina berths, linking the heritage Souq Al Qaisariya to a vibrant new waterfront of cafés, restaurants, and retail. Available for commercial leasing.
• Sitra Mall A community-focused retail destination in Sitra, Bahrain, managed by Edamah, providing shopping, dining, and everyday services to local residents. Available for commercial leasing.
• Riyadat Mall A retail destination in Isa Town dedicated to empowering women entrepreneurs, offering retail units, services, and amenities tailored to women-owned businesses, managed by Edamah. Available for commercial leasing.
• Sitra Industrial Park A wholly managed industrial and logistics facility in Sitra, Bahrain, with 87,382 m² of warehouse area and 8,000 m² under development, comprising four existing facilities including two new covered facilities and dry-storage plots, with 34 commercial units, 200 parking spaces, and 37 marine berths. Warehouses are designed and modified to each tenant's needs, accommodating industrial, commercial, and logistical operations.
• Hawar Resort by Mantis An exclusive waterfront resort on Hawar Island, Bahrain, operated by Mantis (part of Accor), spanning 1.5 km of beachfront with 102 rooms and luxury beach villas, five restaurants, and sports and leisure facilities, set alongside a protected wildlife sanctuary. Officially opened December 2024.
• Jumeirah Gulf of Bahrain Resort & Spa A five-star beachfront resort on Bahrain's southwest coast, operated by Jumeirah, spanning 712,000 m² with a 500 m beachfront, 207 rooms, seven swimming pools, a spa, cinema, artificial islands, and multiple dining options. Operated as a joint venture with Jumeirah.
• Asset Management Services Enhancing efficiency of real estate assets by developing sustainable strategies to maximize returns and ensure optimal asset utilization for third-party owners. Offered as one of four engagement models alongside Development Management, Property Management, and Advisory Management.
• Development Management Services Leading strategic development projects that contribute to creating integrated urban environments, supporting quality of life and aligning with the Kingdom's aspirations in key sectors. Offered as one of four engagement models targeting government entities, landowners, and institutional investors.
• Property Management Services Day-to-day management and operation of real estate properties on behalf of owners across Edamah's portfolio, ensuring optimal occupancy, maintenance, and tenant satisfaction. Offered as part of four engagement models targeting third-party owners and institutional clients.
• Advisory Management Services Providing specialized expertise and strategic studies to support decision-makers in adopting effective real estate investments that promote sustainability and attract capital to the local market. Offered as one of four engagement models for institutional and government clients.

Quantifiable outcome

• 5 Five Star awards at 2025-2026 Arabian Property Awards
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

14 partnerships are on record, tiered flagship, core and significant.

• Badia FarmsflagshipStrategic or Co-development Partner · 28 April 2026Strategic partnership with Badia Farms, a Bahrain-based vertical farming company operating under the Green Corp platform backed by Gulf Islamic Investment Group, to develop the 'Agricultural Oasis' - a 50,000sqm sustainable farming project in Hamala, Bahrain. Multi-million dollar investment deploying advanced hydroponic techniques and controlled-environment greenhouses for year-round fruit and vegetable production with solar panels and water recycling systems.
• Ahmed Omer Trading & ContractingcoreImplementation/ SI/ Consulting Partner · 11 November 2025Awarded landscaping contract for first phase of Bilaj Al Jazayer mixed-use development. Spanning over 80,000 sqm, the landscaping phase enhances shoreline with shaded walkways, cycling tracks, and lush green spaces. Designed by AECOM with family-friendly leisure zones including children's play areas, outdoor gyms, and sports courts.
• AECOMcoreTechnology or Integration · 11 November 2025Design firm for Bilaj Al Jazayer landscaping plan featuring family-friendly leisure zones, shaded walkways, cycling tracks, sports facilities, plazas, and F&B outlets. Designed to celebrate Bahrain's coastal heritage with outdoor luxury living.
• Al Salam BankcoreGTM or Marketing Partner · 26 October 2025Strategic partnership to offer Shari'a-compliant property financing solutions for Tivoli Residences at Bilaj Al Jazayer. Bank provides flexible financing with up to six months grace period, competitive annual profit rates, loyalty reward points, instant approval, and seamless application process.
• BBK (Bank of Bahrain and Kuwait)coreGTM or Marketing Partner · 21 October 2025Strategic partnership to offer comprehensive real estate financing solutions for Tivoli Residences at Bilaj Al Jazayer. Bank provides flexible repayment options, competitive interest rates for citizens and residents, streamlined application process. Financing open to all GCC residents of all nationalities.
• Mohammed Jalal ContractingcoreImplementation/ SI/ Consulting Partner · 13 October 2025Main contractor for Azure Beach Club construction at Bilaj Al Jazayer. Appointed to build one of Bahrain's most anticipated beachfront destinations, set to open Q2 2026.
• Sunset Hospitality GroupcoreChannel Partner/ Reseller/ Distributor · 13 October 2025Operator of Azure Beach Club at Bilaj Al Jazayer. SHG established Azure Beach in 2017, now synonymous with luxury beach lifestyle destinations across the Mediterranean and Middle East with locations in Dubai, Marbella, Doha, and Beirut. Club features infinity pool, private cabanas, beach access, and Ammos Greek restaurant.
• GFH Financial GroupflagshipStrategic or Co-development Partner · 9 July 2025Joint venture with GFH Financial Group to develop Bahrain Surf Park - Club Hawaii Experience at Bilaj Al Jazayer. First surf park in MENA region featuring Wavegarden Cove technology, spanning 52,000 sqm within the 1.3 million sqm Bilaj Al Jazayer masterplan. Project includes world-class wave pool and Club Hawaii Surf Academy.
• Poullaides Construction CompanycoreImplementation/ SI/ Consulting Partner · 30 April 2025Main contractor for Bahrain Surf Park - Club Hawaii Experience construction. Leading contractor known for delivering large-scale, innovative projects. Groundbreaking ceremony held July 2025, with opening scheduled for 2026.
• Ali & Mohammed Yateem Bros CompanysignificantStrategic or Co-development Partner · 27 April 2025Strategic partnership for mixed-use investment project valued at over BHD 5 million in Arad, Muharraq Governorate. Located on Edamah's 16,000 sqm plot, the project includes 52 commercial units, restaurants, medical clinics, retail outlets, and fuel station with 4,120 sqm leasable area. Project bid won through Government Land Investment Platform public auction.
• Cebarco (Khalid Abdul Rahim Group)coreImplementation/ SI/ Consulting Partner · 5 September 2024Awarded contract for first phase of infrastructure works at Bilaj Al Jazayer, including modern beach boulevard connecting with Gulf of Bahrain highway. Scope covers electricity, potable water, sewage, stormwater drainage, telecommunications, roadworks, and lighting. Works slated for completion in one year coinciding with opening of first two hotels.
• Mantis (part of Accor)coreChannel Partner/ Reseller/ DistributorOperator of Hawar Resort on Hawar Island. Mantis, owned by Accor S.A., operates the exclusive waterfront resort with 102 rooms and beach villas along 1.5 km beachfront. Resort includes five restaurants, sports and leisure facilities, and access to protected wildlife sanctuary.
• JumeirahcoreChannel Partner/ Reseller/ DistributorOperator of Jumeirah Gulf of Bahrain Resort & Spa - a joint venture five-star resort wrapping 500m beachfront across 712,000 m² on Bahrain's southwest coast. Resort features 207 rooms, seven swimming pools, spa, lagoon, artificial islands, cinema, and dining with traditional Arabic architecture.
• Tivoli Hotels & ResortscoreChannel Partner/ Reseller/ DistributorOperator of Tivoli Residences and Tivoli Hotel at Bilaj Al Jazayer. Global hospitality brand known for personalised service and design-focused legacy. Residents enjoy hotel-level amenities including professional property management, optional daily rental programmes, and exclusive lifestyle access.

Scale indicators19 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ROSHN: Saudi Public Investment Fund-backed national real estate developer delivering large-scale master-planned communities with integrated retail, hospitality, and lifestyle amenities. Comparable as a Gulf sovereign-backed developer executing national-priority residential and mixed-use programs.
• DAMAC Properties: Dubai-based luxury real estate developer focused on branded residences, master-planned communities, and hospitality partnerships. Comparable as a Gulf developer pursuing premium residential and resort-style projects with global brand tie-ins (e.g., DAMAC Hills, DAMAC Islands).
• Aldar Properties: Abu Dhabi sovereign-backed (ADQ) real estate developer with a diversified portfolio spanning residential, commercial, retail, hospitality, and logistics. Directly comparable to Edamah as a Gulf sovereign-linked developer pursuing master-planned communities, branded residences, and recurring asset management income.
• Diyar Al Muharraq: Bahrain-based master-planned city developer delivering integrated residential, commercial, and retail communities on Muharraq Island. Closest direct domestic peer to Edamah, operating in the same Bahrain market with similar sovereign-linked backing and master-planned community model.
• Dar Al Arkan Real Estate: Saudi-listed developer of master-planned communities, luxury villas, and mixed-use projects including branded residences. Comparable as a Gulf developer with premium residential focus and significant land bank executing multi-year development pipelines.
• Diriyah Company: Public Investment Fund-owned developer of the Diriyah giga-project, an integrated cultural, hospitality, and residential destination outside Riyadh. Directly comparable to Bilaj Al Jazayer in scale, masterplan ambition, and tourism-led mixed-use positioning.
• Qatari Diar: Qatar Investment Authority's real estate arm, developing master-planned communities, mixed-use districts, and hospitality assets globally. Closest analog to Edamah as a sovereign wealth fund's dedicated real estate investment vehicle pursuing integrated destination development.

Regional players

• RAK Properties: Ras Al Khaimah-listed developer of residential, commercial, and hospitality projects including Mina Al Arab and gateway Ras Al Khaimah masterplans. Comparable as a smaller Gulf sovereign-linked developer executing integrated waterfront and resort-style communities.
• National Real Estate Company: Kuwait-listed developer with GCC and North African real estate projects across residential, retail, and hospitality segments. Comparable as a regional Gulf real estate developer pursuing mixed-use masterplans outside its home market.

Broad incumbents

• Emaar Properties: UAE-listed regional real estate giant with broad portfolio across residential, retail (Dubai Mall), hospitality (Address, Armani), and master-planned communities. Comparable as a regional incumbent whose branded residence and hospitality model Edamah emulates through Tivoli, Jumeirah, and Mantis partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Edamah.bh

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Edamah