The regional construction market has remained resilient, showing a 30 per cent increase in 2017-to-date, according to a new study by Mena Research Partners (MRP), a leading research company in the region. With total Gulf Cooperation Council (GCC) active projects valued at some $2.6 trillion — equivalent to 160 per cent of gross domestic product […]
Category: Real Estate
Al Mouj Muscat, Oman’s lifestyle destination, has signed an agreement with Alizz Islamic Bank to provide home financing solutions to potential home-owners. Under the agreement, aspiring homeowners will have access to a full range of Alizz Islamic Bank’s financing solutions and competitive financing rates when purchasing property at Al Mouj Muscat. “We are proud to […]
Bank Muscat and Imdad Real Estate Development Company signed a memorandum of understanding (MoU) to provide attractive baituna home finance for exclusive residential units in the Boulevard Tower project in Muscat Hills. Abdullah Tamman Al Mashani, deputy general manager – institutional sales and products development, and Sheikh Abdullah Al Khalili, Director of Imdad Real Estate […]
Aqar, a leading real estate developer in the Sultanate, has launched a modern concept in community retail centre called Q series brand. As part of the initiative to buld convenient stores, the group has launched Q Centro within the Rimal Bausher real estate project. Mohamed bin Abdullah Al Khonji, chairman of Al Khonji Real Estate […]
Renaissance Village Duqm which will be fully operational in April, 2017 can provide quality accommodation at affordable rates for close to 17,000 workforce at Duqm free zone. Muhammed Nafie reports Oman will be setting a new standard in providing quality workforce accommodation when Renaissance Village Duqm, an iconic 17,000-bed facility to accommodate people working for […]
Around 300 Omanis in the real estate sector will be trained following an MoU signed by Oman Real Estate Association (ORA) and Petroleum Development Oman (PDO). Hasan Juma Al Lawati, vice chairman of ORA and Raoul Restuccim, managing director of PDO, signed the MoU recently. The training courses will also include Omani searching for jobs in […]
The Sultanate’s property sales market appears least affected by market sentiment and offers good investment opportunities for domestic and foreign buyers. Oommen John P reports on the investment opportunities in Oman’s real estate sector Real estate has over the years become an attractive investment option and a common investment vehicle. It still gives better returns […]
The Real estate transactions in the Sultanate collapsed 30.3% year-on-year in the first quarter of the current year, with the total traded value of properties standing at RO 922.1 million as against RO 1.32 billion recorded last year, according to the latest report issued by the National Centre for Statistics and Information (NCSI).
In an exclusive VIP launch and signing ceremony held at the Grand Hyatt Muscat, the property development and investment company Gulf Muscat United has launched sales for office space within Oman’s smartest office complex, the ‘iTower’.
The new offering will allow Oman’s residents to rent their very own one, two or three bedroom fully furnished and equipped dream vacation home and make use of the exclusive five-star lifestyle experiences, while enjoying unobstructed marina, sea or mountain views.