Category: Rel Estate

Rel Estate
Al Yousef to build premium residential apartments at Mutrah Bay

Al Yousef Group announced the launch of the first phase of its premium residential apartment project, Wardat Riyam, at Mutrah Bay, overlooking the sea. It is located adjacent to Riyam Park. The announcement was made by Dr Mohamed Bin Musa Al Yousef, Executive Chairman of Al Yousef Group, at a press conference. The developer of […]

GCC region to have $130bn completed real estate projects in 2017

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 […]

Muriya launches phase II of Lagoons in Hawana Salalah

  Muriya’s flagship destination, Hawana Salalah, and Dhofar’s only Integrated Tourism Complex (ITC), sold out Phase I of its new residential project, Lagoons, in just four weeks during its soft launch this August. Phase II of the Lagoons Project has just been launched with a range of freehold properties starting at RO28,000, entitling non-Omani buyers to […]

Real Estate
Realty Pays

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 […]