Page 5 - Company Profile
P. 5
office, showroom, warehouse, Buildings.
Sales & Rental
WE ARE DIFFERENT. At Royal Estates World Properties we do things differently. We understand that in
many cases, your rental investment may once have been your home. That means it is even more
important for us to find a tenant who will look after the property just as well as you did. It is our commit-
ment to qualify every tenant that we place in your property.
Marketing of the property Pre-handover inspection DLP
inspections / snagging
Royal Estates World providing you the complete real Developers need to ensure their development is handed
estate marketing plan is a comprehensive document over to them by the Contractor with minimal snags. The
that defines your marketing strategy, budget, target value of this service is highlighted at the time of
audience, and forecasts for the coming year. processing paperwork for the release of funds from the
escrow.
Property registration Property Management
Oman’s ownership of real property is evidenced by the Royal Estates World property management is the
land registration, title deed or Mulkhiya. Real estate overseeing of residential, commercial and/or industrial
records of ownership, transfer, usufruct rights and legal real estate, including apartments, detached houses,
mortgage are kept in the real estate register at the condominium units, and shopping centers.It typically
Ministry of Housing (MOH) in Oman. involves the managing of property that is owned by
another party or entity
Increadible Story
If the project and budget are achievable, a developer meets
with local government officials for a consultation. During this A real estate developer has the
part of the process, the developer discusses the project and its skills and education to identify
benefits to the community. opportunities and the connec-
Next, preliminary designs are created, and all applications are tions necessary to get a project
submitted. In some cases, public hearings are held. This way, completed.
the community can ask questions and express concerns.
If the project is approved, the next step involves finalizing But before anything can
financing and contracts. Once these steps are completed, happen, the developer needs to
construction can begin. conduct thorough research and
create a budget to ensure the
When the building is complete, the developer obtains the neces- project is feasible financially.
sary building and occupancy permits and can then sell or lease
the space.
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