Real Estate

Muscat, April 15 2012 – The Wave, Muscat, the Sultanate’s premier lifestyle destination, today celebrated the full completion of more than 800 properties which their owners can now call home.

Leading the field in Oman for reliability and confidence in real estate, The Wave, Muscat offers investors and owners the chance to buy into one of Oman’s most desirable developments.

Muscat, Oman (April 12th , 2012) – Navaid Tehseen, General Manager of Eastin Residences Muscat is delighted to announce the opening date to welcome guests at the residences as of May 1, 2012 with special opening rates offer starting from OMR 50 per room per night for a standard room inclusive of breakfast, free Wi-Fi, complimentary airport transfers and other benefits.  Weekly and monthly rates are also available. Rate is subject to taxes and service charge. The offer is valid until October 31, 2012.

The Eastin Residences Muscat is well located on the beach road connecting Al-Seeb and Al Athaiba in the north of Muscat. Just within walking distance to the beach, 10 mins drive to/from Muscat International Airport and 5 mins from WAVE Tourism project and Al Mouj18 hole internationally design golf course by Greg Norman.  

•    Oman economy continues to show significant growth, primarily due to increases in both oil
production and price.
•    The contribution of non-petroleum activities to GDP grew by 13.1% during the first three
quarters of 2011
•    Expatriate community continues to dominate the residential leasing market
•    Cluttons foresees an on-going softening of rental values for residential apartments

3rd April 2012, Muscat, Oman - Cluttons, the real estate specialist that has enjoyed a dedicated Middle Eastern presence since 1976 and is currently celebrating its 25th year of operation in the Sultanate, today issues its Oman Q1 2012 residential market report. The report identifies a significant increase in the supply of residential apartments across the capital coupled with steady demand in established areas.

Chic 100-berth pier set to serve as an exciting hub for yachters, recreational boaters, water sports enthusiasts and those with a passion for nautical adventure. A fun-filled event at the soft opening is an indication of Jebel Sifah becoming a hot spot for recreational activities

29 March 2012, Muscat – Leading developer Muriya has taken the wraps off its newest attraction at its upscale Jebel Sifah town – a stunning 100-berth marina overlooking the turquoise expanse of the Gulf of Oman.

MUSCAT – Muriya, the brand behind Oman’s signature lifestyle destinations, recently hosted members of the Women’s Guild of Oman (WGO) on a tour of its upscale integrated tourism and residential development at Jebel Sifah.

The daylong visit was part of an ongoing drive by Muriya to acquaint niche audiences and market segments with its landmark Integrated Tourism Complex (ITC) at Jebel Sifah.

The tour attracted around 47 members who were ferried by boat from Marina Bandar al Rowdha to Jebel Sifah’s marina. The roughly 45 minutes ride aboard the new water taxi service provided the group not only with a flavour of the Jebel Sifah’s charming waterfront appeal but also underscored the convenient and comfortable transport options – by sea or road – now available for visitors to this tranquil resort development at the far south of the capital region.

18th March 2012, Muscat, Oman – Cluttons Oman, announce that Beach 1, a prominent, well located building is now home to a number of grade A companies including, BDO, Target Oil, Desert Piping, Bank Nizwa, Al Bashair Investments, Al Ikhtiyaar Properties, IDC Mawaid, Al Anwar ceramics, Baur Nimr and TRACCS.

Cluttons puts the interest down to the quality of the design as well as the prominent location. Grade A tenants are generally looking for good operational space with efficient floor space, high floor to ceiling heights, good natural light, well provided with lifts to ensure the swift movement of staff and visitors, decent surface and basement parking and good management. Tenants have a choice of either larger shell units (unfinished) or smaller fully finished units, the flexible space makes the building suitable for all sizes of companies. The building creates an impressive place for clients to visit with its entrance lobby and central atrium.