Cavendish Maxwell, the UAE-based property consultancy, is strengthening its Middle East presence with the opening of a new office in Oman. The office will be based in Muscat, home to more than 30% of the country’s population. 

Cavendish Maxwell’s founder and chairman, Jay Grant, said “the move is part of an ambitious yet sensible expansion plan that will enable us to get closer to clients, demonstrate our exceptional capabilities and meet the growing demand for our real estate services in Oman.”

The economy, well established property laws and Oman’s huge potential as a popular tourist destination present significant opportunities for the real estate sector. Increased infrastructure spending and employment avenues are expected to boost demand for residential, commercial and specialist property classes. The need in a developing economy for reliable real estate data and trusted market intelligence is essential for building transparency, especially for banks, developers and property owners.

“A lot of landlords and developers have very limited information about the real estate market, such as what to build, what the market needs and the risks that different parties face prior and during the development process and after completion,” says Khalil Alzadjali, the newly appointed Head of Oman at Cavendish Maxwell. He points out that “the government and private sector should embrace working together in order to assist and improve the real estate market in Oman, such as by controlling tax on properties and ensuring transparency on property information.” Mr. Alzadjali has more than 14 years’ experience in the real estate industry in Oman. After  beginning his career in property valuations in 2003, he has since worked with numerous developers, banks and private clients across the Sultanate. 

Commenting on the new office opening, CEO Nigel Armstrong said “Cavendish Maxwell can demonstrate an enviable track record of professional and efficient client services across a broad spectrum of service lines, including commercial and residential valuations, building surveying, machinery and business assets, investment and commercial agency and strategic consulting and research. Oman and the wider Middle East offer great prospects for the company’s continued expansion and growing client base and we are extremely excited about the opportunities ahead. Our intention is to make sure that Cavendish Maxwell continues to achieve many more milestones over the coming years.”

As a fully qualified member firm of the Royal Institution of Chartered Surveyors (RICS), the company’s reports are used for loan security, audit, insurance reinstatement, dispute resolution, risk management, debt recovery and performance analysis.

See also:

How to buy a property in Oman

Renting property in Oman

Cavendish Maxwell release Q2 2017 Dubai and Abu Dhabi Residential Reports