Real Estate

MUSCAT – ‘The Home Show’ has won the prestigious backing of the Sultanate’s umbrella realtors’ organization, the Oman Real Estate Association (OREA), in a move that effectively positions the popular trade show as the industry’s signature home expo.

OREA’s support for the annual trade show marks a new highpoint in The Home Show’s appeal as a definitive showcase of the country’s fast-growing property development and home ownership industry. Now in its third year, The Home Show builds on the stellar success of last year’s event that broke new ground in terms of its unrivalled exhibitor appeal, unmatched product and brand representation, and visitor footfalls.

The elegant Sifawy Boutique Hotel in Jebel Sifah has once again garnered overall appreciation across the board on the world’s largest travel site

11 June 2013, Muscat: Sifawy Boutique Hotel has done it again. For the second consecutive year, it has secured a Certificate of Excellence from TripAdvisor Travellers’ Choice annual awards. The tastefully done interiors, facilities and the gracious Omani hospitality have all converged to evoke the highest praises from guests on the popular travel site.

A relatively young entrant in the hotel scene in Muscat, Sifawy has from day one, worked towards ensuring its guests have a good stay. The TripAdvisor selection is done independently where ‘real travellers’ cast their reviews throughout the year through which the most distinguished hotels are filtered. And Sifawy Boutique Hotel has repeatedly made a mark for itself.

The accolade, which honours hospitality excellence, is given only to establishments that consistently achieve outstanding traveller reviews. Approximately 10 per cent of accommodations listed on TripAdvisor receive this prestigious award. To qualify for the Certificate of Excellence, the hotel has to maintain an overall rating of four or higher, out of a possible five. Additional criteria include the volume of reviews received within the last 12 months.

The marina plaza of Salalah Beach was transformed into a hub of non-stop merry making for the carnival where enthusiastic visitors explored the varied options and the beautiful destination with equal gusto

3 June 2013, Muscat: It was entertainment all the way – the beautiful venue of Salalah Beach was transformed for an evening into a scenario of continuous entertainment that charmed more than 2500 revellers that visited. Many lingered long after the five-hour festivities were over, just strolling along the marina and soaking in the unparalleled beauty and ambience of the destination.

The Aladdin show proved to be extremely popular with the children while the expanding and contracting form shapes of the slinky show caught the attention of people across all ages. However, it was the African drummers and their foot tapping music that got people moving. The DJ continued the tempo by belting out popular numbers with some people singing and humming along.

Muscat: Having completed nearly a month since its launch in April, the residential-retail venture that defines luxury, Lamar Bausher has been received with positive response and strong interest from potential homeowners.  With construction due to be completed in 2014, this development will consist of over 357 apartments across eight floors and will include one, two and three bedroom apartments.

About 45% of Apartments have already been sold out at Lamar Bausher merely two weeks after the launch, and sales enquiries and active responses are continuing to grow at a rapid pace.

"When asked to describe what made them choose Lamar Bausher, our customers round up Lamar's three distinct features namely location, style and size! They are pleased with the fact that the apartments are available at excellent prices and that parking is included in the pricing. In terms of design, they are impressed with the concept of every apartment having a study and marvel at the size of the study not compromising the size of the apartment" says Eng Mohammed Al Ghassani, CEO of GLOREI and board member of Muttawar Omani Co. SAOC.

Real estate experts have reported that the demand for quality housing is poised to outstrip supply for the year 2013, as a result of strong residential market demand and consistent economic growth within Oman's public and private sectors, which makes it safe to expect more sales for Lamar Bausher in the upcoming months. Additionally the real estate sector in Oman is expected to grow and there is widespread demand from Omanis and GCC nationals for better designed apartments.

• · Better Homes enjoys two unprecedented years of growth
• Better Homes celebrates 100% Omani showroom staff
• · Success marked by 43% sold for luxury project ‘Lamar Bausher’ recently launched.

Muscat | 12 May, 2013: Better Homes, the leading realty agents in Oman, are proudly celebrating two years of business, leading the way across the real estate sector in the Sultanate. While also celebrating 43% sales of the recently launched high-end luxury apartment project– Lamar Bausher (project of Muttawar Omani Company SAOC).

Since inception in 2011, Better Homes has firmly established itself as one of the top real estate companies in Muscat, via its Qurum City Centre showroom and its comprehensive website. With a client centric approach and a clear business strategy to provide all property services a client or property investor might require, Better Homes has made a lasting impact in record time. As the region’s premier real estate company with more than two decades of expertise in the Middle East, the celebration of two years has been accompanied with several achievements.

Responsible for launching landmark developments such as Rimal, Qurum Hills, Jasmine and the recently launched 357-unit luxury residential apartment project - Lamar, Better Homes has introduced a new style of contemporary living spaces in premium, city centre locations around the capital.

Ras Al Khaimah, UAE, 9 May 2013: RAK Properties, Ras Al Khaimah’s biggest property developer listed on Abu Dhabi Stock Exchange, has launched sales packages for customers allowing them full ownership of units in Mina Al Arab and Julfar Towers in the Emirate of Ras Al Khaimah.

The packages are split in two options where customers pay 25% of the total unit price and the rest in two-year installment, or they pay 35% of the unit price and finalise the rest as installments over three years. These packages are offered for limited number of units in RAK Properties projects.

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  Economic outlook for country is positive but reliant on sustained oil prices
• Integrated Tourism Complex (ITC) developments show increasing popularity
• Average annual occupancy for 4 and 5 star hotels has increased by 14.3% to 59.6 % in 2012
• Oman ranked 13^th globally in the Emerging Market Logistics Index
• Al Khuwair/Bausher area is seeing development of larger scale retail malls