In March 2024, the Sultanate of Oman witnessed a notable downturn in its real estate market, with total transactions plummeting by 19.5% compared to the same period in 2023. The total value of real estate transactions by the end of March amounted to OMR587.50 million, down from OMR730.10 million the previous year. Read this also : Launch of Al Janoub Gardens Residence Phase 2...

Dar Global, a leading luxury international real estate developer, has unveiled its audited full-year financial results for the period ending December 31, 2023. The company reported record-breaking revenues of $360.6 million (Dh1.32 billion), accompanied by a robust gross profit margin of 41%, totaling $146.4 million (Dh537 million). Read More : UAE Real Estate Yields Expected to Remain Strong:...