Real Estate News

According to STR, the first half of Ramadan 2016 indicates that Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of the holiday.

International property consultant Cluttons is now predicting a rise in build-to-suit developments in Oman as occupiers seek a tailor made approach to commercial developments.

According to international property consultant Cluttons, after five consecutive quarters of stability in the residential lettings market, rents across Muscat dipped slightly during Q3 2015.

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