First Bahrain Real Estate Development Co. (First Bahrain) was originally established under the name of Baraq Al Khaleej Holding Company in 2004, with a paid up capital of KD1,000,000. Since its inception the organization has been guided by the principles of Islamic Sharia in all its daily operations and business interests.

In 2005, the capital was raised to KD30,000,000, and First Bahrain acquired the land for what has now become its flagship mixed-use development in Bahrain's Seef District , and this milestone was shortly followed by the conversion of the company from a holding to closed share holding structure.

This was the first step on the road to success for First Bahrain, when in April 2006 First Kuwait Al Seef Real Estate Development Company WLL was established with a paid up capital of BD100,000 specifically to manage the pioneering project in Bahrain's Seef Area.

2007 was a year of intense growth for First Bahrain, with the appointment of its Management team, lead from the Bahrain office by Amin Al Arrayed as General Manager. First and foremost, Amin set out to build a professional team around him and accordingly, the company grew to over ten by the end of the year. New offices were acquired and fitted-out in both Kuwait and Bahrain as well.

First Bahrain's most recent deal is a warehousing development at the Bahrain Investment Wharf, for which the acquisition of property was confirmed in July 2007.