One of Manama’s most recognisable commercial landmarks, Marina Mall, has been officially put up for public auction, creating a rare investment opportunity in the heart of the capital.
The prime property, currently closed, has been listed on the Government Land Investment Platform, with bidding set to close on February 22, according to official auction details.
Capital Trustees Authority (Municipality) director-general Mohammed Al Sehli said the offering presents a strategic chance for investors seeking a high-profile asset in a central location.
“This is a unique opportunity for investors,” Mr Al Sehli said. “The long-term tenants have left, explaining that they now operate too many outlets across the country and are consolidating their services. This opens the door for a new vision and redevelopment potential.”
The property, located in Nuaim within the Capital Governorate, sits at the core of the Manama Central Market area – one of Bahrain’s busiest commercial districts. The land spans approximately 227,000 square metres and is classified for commercial use, allowing for investment, operation, and management of the existing complex.
Capital Trustees Board chairman Saleh Tarradah described the site as an exceptionally attractive proposition.
“This place is a catch,” Mr Tarradah said. “It is in the heart of the Manama Central Market and enjoys excellent accessibility, ease of entry and exit, ample car parking, and nearby services. These are all elements investors look for.”
He added that the surrounding area’s constant footfall and commercial activity provide the property with strong redevelopment and repositioning potential, whether as a retail destination, mixed-use complex, or specialised commercial hub.
The site’s strategic location places it close to major commercial, vital and service areas within Manama, with easy access from multiple roads. Its proximity to established markets, offices and residential neighbourhoods enhances its long-term value and investment appeal.
Government officials see the auction as part of broader efforts to maximise the economic return of state-owned assets, while encouraging private sector participation in urban redevelopment projects.
Mr Tarradah believes that interest is likely to be strong, given the scarcity of large, centrally located commercial plots in the capital and the flexibility offered by the investment and management model attached to the property.
“With Marina Mall now officially on the auction block, attention will turn to how investors envision the next chapter for a site long embedded in Manama’s commercial landscape – and whether it can be transformed to meet the city’s evolving economic and urban needs.”
mohammed@gdnmedia.bh
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