Diplomatic Area's tenant base is anchored by banking (nbb), embassies, consulting, professional services.

  • Tier: trophy.
  • Tenant character: Heritage banking and embassy core.
  • Average rent: BHD 120/sqm/yr · ≈ $29.5 PSF/yr USD.

Diplomatic Area, Manama tenant profile

Diplomatic Area's tenant base is anchored by banking (nbb), embassies, consulting, professional services.

TL;DR

  • Tier: trophy.
  • Tenant character: Heritage banking and embassy core.
  • Average rent: BHD 120/sqm/yr · ≈ $29.5 PSF/yr USD.

Who clusters here

Banking (NBB), embassies, consulting, professional services.

What that means for newcomers

Newcomers to Diplomatic Area should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityManama
submarketDiplomatic Area
tiertrophy
averageRentLocalBHD 120/sqm/yr · ≈ $29.5 PSF/yr USD
cityClassARentUsd$25/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What kind of tenants lease in Diplomatic Area?
Banking (NBB), embassies, consulting, professional services.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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