Ithmaar Development Company develops master-planned, mixed-use destinations in Bahrain, combining residences, commercial and retail facilities, hotels, leisure, infrastructure, and health-and-wellness amenities for residents, visitors, investors, and surrounding communities.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Dilmunia Infrastructure — Phase IIDilmunia Island, Muharraq | 10.0/ 10 | —/ 10 | 8.8/ 10 Airbnb 5/5 · 47 reviews · hichee.com Airbnb publishes 5/5 from 47 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.8. |
The largest published review base located was the Airbnb aggregate for a Dilmunia short-stay apartment: 5/5 from 47 reviews, which converts to 10/10 under the supplied curve. This is weak evidence for a resident’s year and does not directly rate Phase II infrastructure; the score should therefore be treated as highly uncertain and indicative only, while structure remains unscored because no review-based structural rating was found. | |||
no notes returned | The accessible short-stay material calls the setting “a quite Peaceful island” and lists pools, gyms, a water park, cinema, children’s areas and a mall walkway. A separate area profile reports 24/7 security, covered parking and central A/C, while its lifestyle indicators show shopping/retail at 4/10, nightlife/dining at 1/10 and access at 6/10; these are area-level indicators, not resident-management review comments. | ||
| SeavillaDilmunia Island, Muharraq32 units | 7.5/ 10 | —/ 10 | 7.5/ 10 |
The only building-specific published rating located is 4.3/5 on a page that does not state a review count, so it is treated as a very small evidence base and kept within one point of 6.5 under the stated rule. No structural review evidence was found, so structure remains unevidenced; the living score follows the constrained anchor without additional commentary adjustment. | |||
no notes returned no links returned | The independent building listing reports a 4.3 Google rating and lists covered parking, 24/7 security, central A/C, backup generation and maintenance service. It also describes the surrounding area as “Very Car-Dependent,” with limited walkable amenities, and gives the wider 269 area 4/10 for shopping and retail and 1/10 for nightlife and dining; these are area indicators rather than Seavilla resident review comments. |
IDC awarded Cebarco Bahrain the first infrastructure phase, covering island roads, bridge, landscaping and utility networks.
Mott MacDonald worked as the infrastructure designer alongside Cebarco Bahrain.
DG Jones & Partners worked as cost consultants for the first infrastructure phase.
The Nadeen School development joint venture was owned equally by IDC and Naseej.
IDC and its joint-venture partners developed and handed over Nadeen School’s new Dilmunia campus.
MSCEB was awarded the design and supervision contract for the Dilmunia Mosque.
Al Ghanah Group was the contractor for the Nadeen School project.
IDC sold strategically located Dilmunia plots to Bin Faqeeh for a USD45 million residential apartment project.
Cyprus Cybarco Tabet JV W.L.L. was the main contractor for Mall of Dilmunia.
DP Architects provided the international architectural design for Mall of Dilmunia.
We are proud to partner with Cebarco Bahrain, one of the largest and most reputable construction companies in the Kingdom.
The contractor will be working closely with infrastructure designers Mott MacDonald Limited
and cost consultants DG Jones & Partners to deliver the services for the landmark project.
The development JV is owned equally by IDC and Naseej.
In partnership with our JV partners, we are proud to deliver on our vision to build a self-sustaining, balanced community in Dilmunia, with a school that caters to the needs of residents and citizens in and around Muharraq.
Ithmaar Development Company (IDC) has awarded the design and supervision contract of the Dilmunia Mosque to MSCEB Architects & Engineers.
Al Ghanah Group, the project contractor made a final joint site visit to Nadeen School building at Dilmunia
The sale agreement ... covers the sale of strategically located plots
The main contractor for the project is Cyprus Cybarco Tabet JV W.L.L.
the international architectural design is by DP Architects.
| none found |
| Bahrain | active 4 projects tracked |
| Other | 3 of 4 |
| Residential, for sale | 1 of 4 |
Despite the challenges in the real estate sector and the market conditions, our new corporate identity comes as part of the company’s strategic plans to enhance its performance and deliver innovative solutions that meet the requirements of this phase.Ithmaar Development Company 13 September 2026https://www.zawya.com/en/press-release/companies-news/idc-unveils-its-new-corporate-identity-561294
said the Chairman of IDC, Maysan Faisal Almaskati.
Prior to joining Ithmaar Bank, he was Chief Investment Officer of Dux Capital (UAE) from 2017 to 2018
the appointment of Maysan Almaskati as the Chief Executive Officer of Ithmaar Holding and the Company’s two wholly-owned subsidiaries, Ithmaar Bank and IB Capital.
Mr. Almaskati holds a Bachelor of Science in Industrial Engineering from Kansas State University, USA
said the Chairman of IDC, Maysan Faisal Almaskati.
The new marina represents a strategic step in elevating Bahrain’s maritime profile.Ithmaar Bank 24 February 2026https://www.ithmaarbank.com/media-center/ithmaar-development-company-announces-the-completion-of-pontoons-and-floating-facility-construction-in-dilmunia-marina/
announced the appointment of Nayef Nasser Alnasser as a Managing Director of IDC
MANAMA, BAHRAIN – 20 January 2026 – Ithmaar Development Company (IDC) ... announced the appointment of Nayef Nasser Alnasser as a Managing Director of IDC
announced the appointment of Nayef Nasser Alnasser as a Managing Director of IDC, succeeding Mohammed Khalil Alsayed.
Elham Ebrahim Abdulla Hassan
She is a member of the Ithmaar Holding, Ithmaar Bank, IB Capital and Ithmaar-Dilmunia General Partner Company Limited Boards of Directors.
#### Independent Board Member
HRH Prince Amr Mohammed Al Faisal
He is Chairman of the Board of Supervisors of Dar Al-Maal Al-Islami Trust (DMIT), and Chairman of Ithmaar Bank, Faisal Islamic Bank (Sudan) and Faisal Islamic Bank (Egypt).
#### Non-Executive Chairman
Ms. Einas Mohamed Fathalla Raheemi
Ithmaar Development Company Limited (IDC) Board Member (since January 2026)
Ithmaar Development Company Limited (IDC) Board Member (since January 2026)
holds a bachelor’s degree in accounting from Cairo, (Egypt).
Juma Hasan Abul
#### Executive Board Member
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dilmunia Grand Canal and Marina Phase III and part of Phase II | Muharraq, Bahrain Dilmunia Island | other | — | — | — | $ 8.95m contract value | — | 2018 | mid-December 2018 | Jan 2020 – Apr 2020 | Jul 2024 | +52.5 mo (+51.0 to +54.0) | sourced | completed |
| Dilmunia Infrastructure — Phase III | Muharraq, Bahrain Dilmunia Island | other | — | — | — | — | — | 2018 | early 2018 | Sep 2019 – Dec 2019 | Jan 2020 | +2.5 mo (+1.0 to +4.0) | sourced | completed |
| Seavilla | Muharraq, Bahrain Dilmunia Island | residential for sale | 321 | 3-storey | — | — | — | 2013 | 11 June 2013 | May 2015 – Aug 2015 | May 2019 | +46.5 mo (+45.0 to +48.0) | estimated | completed |
| Dilmunia Infrastructure — Phase II | Muharraq, Bahrain Dilmunia Island | other | — | — | — | — | — | — | — | — | Dec 2017 | — | not scorable | completed |
| Auditor | KPMG |
| Coverage | active |
| Tracked since | October 12, 2026 |
| Last checked | October 13, 2026 this month |
| Profile last researched | October 13, 2026 |
| Claim |