Ministry of Housing and Urban Planning

Financing from a partner bank where monthly installments are subsidized by the government

Key Provisions

Eligibility age up to 40 years Repayment term 25% - 30% based on age Repayment term up to 60 years

The beneficiary installment is 25% - 30% of monthly income based on age

The government subsidy is the difference between the total monthly installment and the 25% - 30% of the beneficiary's income percentage based on age

The government subsidy decreases biannually based on the increase in beneficiary's monthly income

Repayment term up to 25 years

Financing Purposes

Purchase a housing unit

Purchase a land plot

Purchase a land plot and construct on it

Construct a housing unit

Conditions

To be a Bahraini.
To be the head of the family.
The age at the time of submitting the application and disbursement of the financing from the financing bank shall not be less than (21) years and not more than (35) years for the Mazaya Programme & not more than (40) years for the Mazaya (New Category) Programme.
The applicant’s income, at the time of application and until disbursement of the financing from the financing bank, shall not be less than (600) Bahraini Dinars to benefit from the Mazaya Programme, and shall not exceed (1200) Bahraini Dinars in both cases.
The applicant or any of their family members must not have previously received any housing service for the purpose of owning a property.
The price of the purchased house through Mazaya Program should not exceed BHD 120,000 and the financing amount is up to 81,000 Bahraini Dinars. As for the Mazaya (New Category) Program, there is no specific ceiling for the price of the property and the financing amount is up to 63,000 Bahraini Dinars. To apply for financing the construction of a house, it must be proven that the applicant or any member of their family owns a suitable empty residential land plot that is free from any legal dispute.
The applicant’s family must be a permanent resident of the Kingdom of Bahrain.
The applicant shall not be the owner of a property; they or any member of their family for a period of (3) years prior to the submission of the application and until allocation, and shall be considered an owner, if they have benefited from a dwelling through one of the forms of Islamic financing financing or under commercial financing.