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Oman has launched a tender for consultancy services to design the masterplan of New City Sohar, a major green and smart urban development aligned with Vision 2040. With 31 firms already purchasing documents, the project aims to transform over 700 hectares into a vibrant hub featuring 20,000 homes, offices, cultural spaces, and walkable neighborhoods—positioning Sohar as a future center of trade, innovation, and sustainable city living.
05/12/2025
Arada has launched Arada Capital, a new investment platform targeting real estate opportunities across the GCC and selected international markets, with a goal of managing US$5 billion in assets over the next four years.
The sector posted strong growth in the first half of 2026, driven by robust investor demand, economic resilience, and business-friendly policies. With record property sales and continued foreign investment, experts expect the momentum to carry through the rest of the year.
Dubai South maintained its position as Dubai’s top-performing property market in May, recording 1,357 sales transactions worth AED1.6 billion. According to fäm Properties, residential sales in the area have surged 36.4% since late February, driven by strong demand for off-plan developments and growing investor confidence.
04/06/2026
