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Alfardan Group launches Sotheby’s International Realty’s First Office in Oman

Alfardan Group launches Sotheby’s International Realty’s First Office in Oman

Gulf Times
Wednesday, March 17, 2021 11:56:59 AM UTC

Omar Hussain Alfardan, President and CEO of Alfardan Group

Alfardan Group has announced the opening of Sotheby’s International Realty, a global leader in real estate franchising and brokerage firm, in Finaa Alfardan, Muscat, Sultanate of Oman. The branch marks the brands first foray into the real estate market in Oman and will be operational starting March 18th. The Oman Sotheby’s International Realty chapter will be operated under Alfardan Group, a Doha-based conglomerate whose legacy extends over 65 years and maintains a strategic and ambitious expansion drive in the region. Alfardan Group has significantly evolved to become one of the largest business groups which includes a number of subsidiaries across a wide range of industries. Oman Sotheby’s International Realty will join under the Alfardan Group umbrella enriching the real estate industry in Oman. Oman offers prospective investors new horizons for investment with a growing economy and a geographical location that overlooks international and regional sea lanes alongside lucrative ports. Projecting a positive outlook, Oman is ripe for investment backed by a stable economy, strong infrastructure, and qualified human resources. Commenting on the launch of the brand, Omar Hussain Alfardan, President and CEO, Alfardan Group, said, “Oman offers a diverse culture, a rich heritage and a world of opportunity in terms of real estate that attracts Oman Sotheby’s International Realty. As one of the emerging markets in the GCC region, luxury real estate in Oman is growing rapidly at par with swift development across hospitality, tourism, and economic sectors. These exciting developments are just the pinnacle of what the Omani property market has to offer, and Oman Sotheby’s International Realty will be one of the brokerages proud to give buyers and investors exclusive access to exceptional properties around Oman and the world.”
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