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Advantages of living in residential compounds

Residential compounds are a popular choice of living in many communities. It provides an integrated environment that combines housing, various services and facilities, and comprehensively meets the needs of people. Below we will review some of the main features of residential complexes:

POPULATION AND CULTURAL DIVERSITY IN RESIDENTIAL COMPOUNDS

One of the most important advantages is the diversity of residents. It is home to diverse communities, where people from different cultures and socio-economic backgrounds live. This enhances coexistence and social interaction among the community and gives the opportunity to learn about new cultures, which enriches social life and promotes tolerance and mutual respect.

SECURITY OF RESIDENTIAL COMPOUNDS

In terms of security, it provides a high level of security and protection. These compounds usually have an advanced security system that includes 24-hour security, camera surveillance systems, and security doors. This makes the residents feel reassured and safe inside the residential property, and contributes to making them live comfortably and reassuringly.

FACILITIES AND SERVICES

In addition, there is a wide range of facilities and services that cater to the needs of the residents. Swimming pools, gyms, children's play areas, barbecue areas, and green spaces for relaxation and entertainment can be found within residential compounds. There may also be shopping centers, restaurants and cafes, which contributes to meeting the residents' needs comfortably.

MAINTENANCE AND SERVICES

Residential compounds are also characterized by the provision of maintenance and technical services. The specialized maintenance teams in the residential complex are responsible for repairing any malfunctions or technical problems that arise in the residential units. This means that the residents do not have to worry about home maintenance and the costs associated with it. Instead, they can rely on the maintenance services provided by the compound.

SOCIAL ACTIVITIES IN RESIDENTIAL COMPOUNDS

Not only that, but it is also an ideal place for socializing and events. Various social events are often organized such as gatherings, practical lessons, workshops, and excursions. These activities contribute to the strengthening of social relations among the residents and help in building a strong and close-knit community.

EXAMPLES OF RESIDENTIAL COMPOUNDS

A notable example is (UPTOWN MUSCAT) which is located in Al Khoud - Muscat.

In summary, compounds provide a safe and integrated environment for living, in addition to the various services and facilities available. The diversity of the community and the various events and activities enhance social life and strengthen social ties between residents. If you are looking for an ideal place to live, then residential compounds may be the ideal choice for you.

The Future of Retail Estate - Evolution and Innovation

The real estate industry has been around for centuries, but the way we buy and sell homes has changed drastically over time. In fact, real estate is one of the most rapidly evolving industries today. From virtual home tours to digital contracts, the future of real estate looks very different from how it was even just a decade ago. Let’s take a closer look at the evolution and innovation that’s driving these changes. From shopping malls and department stores to e-commerce websites, retail real estate is a constantly changing. With the rise of technology, brick-and-mortar stores are facing competition from online realtors. Even so, physical retail estate will always have an important place in the market because of its unique advantages.

From Brick and Mortar to the Digital Age - The Future of Retail Estate

The traditional idea of retail real estate at Wujha is being reimagined with more cutting-edge designs that reflect modern trends and technologies. Shopping malls are becoming more interactive and experiential, while department stores are merging with restaurants and entertainment venues to create multi-purpose destinations. Some mall owners have even gone so far as to create “smart malls” that use artificial intelligence (AI) to ensure efficient operations and provide tailored experiences for customers.

Digital Contracts
One major change that has come about in recent years is the move toward digital contracts. It used to be that all paperwork had to be signed in person, but now documents can be shared electronically via secure networks. This makes it easier for both buyers and sellers to review documents quickly and easily without having to leave their homes or offices. Plus, digital contracts are much more secure than traditional paper documents since they’re encrypted with advanced security protocols.

Data Analysis

Finally, data analysis is playing an increasingly important role in real estate transactions as well. By analysing data such as past sales prices, current market trends, and local demographics, agents can give more informed advice on buying or selling homes as well as provide more detailed reports on properties up for sale or rent. Data analysis tools also help agents identify potential areas ripe for investment and pinpoint properties that meet specific criteria like location or price range so they can match buyers with their ideal home quickly and efficiently.

Final Thoughts

Real estate is changing rapidly due to advances in technology—from virtual home tours to digital contracts to data analysis tools—making it easier than ever for buyers and sellers alike to get everything they need out of their transactions without having to sacrifice convenience or security. Whether you’re buying your first home or selling your tenth, these innovative technologies make it possible for everyone involved in the process to benefit from a faster, smoother experience—and that’s something worth celebrating!

Investment in Oman

The government of Oman has pledged to significantly invest in infrastructure in order to stimulate growth in the nation's non-oil GDP. A robust and reliable pipeline of investment possibilities in both current and new infrastructure asset classes is necessary due to the rising population and increasing demand for economic and social infrastructure. This is anticipated to encourage greater business and tourism, which will diversify and improve the economy, increase GDP, and lessen the long-term reliance on oil. All growing economies, like Oman, depend heavily on investment to power their dynamic cores of structural change, development, and growth. The intensive investment programs over the past four decades have been able to move the modest oil proceeds to a developed social and economic infrastructure, which is necessary for guiding sustainable development. This is true despite the economic, political, and social conditions that prevailed at the Omani Renaissance in 1970. The Sultanate actually possesses the infrastructure necessary to promote and facilitate both domestic and foreign ventures in Oman. Its geographic position, which looks out over both regional and international sea lanes, as well as the presence of Omani ports, opens up new possibilities for investment and unrestricted trade. Additionally, the Sultanate is distinguished by its robust infrastructure, stable economy, and skilled workforce, all of which ensure that investing in Oman is simple. Not to mention the rules put in place to promote foreign investment and support this open economic approach, which are being supported by the Sultanate's participation in international organisations, international trading organizations, and a free trade agreement with the USA. Oman attempts to entice foreign ventures through a variety of incentives, including the following (in Arabic only): • The costs of the services • Five years of tax exemption, with the potential for a longer period under specific circumstance • Individuals pay no income tax • Freedom to move money around, including the ability to swap currencies at a set exchange rate Project Central 7 Central 7 is the first stop for anyone looking for the ideal workplace, whether they are from multinational corporations, local corporate headquarters, unicorn corporate headquarters, businessmen corporate headquarters, financial and banking sectors, technical and entrepreneurial corporations, or investment and holding corporations. The modern structure was built with the newest technologies to save energy while maintaining a comfortable and cool interior climate. This way, it can both serve its customers and protect the environment. Why should I make an investment in Oman's Sultanate? • Economic and political stability • Transferable local currency that is stable • Budgets and perks may be freely moved and transferred without limitations • No individual income tax • Low customs taxes on a large number of imported goods • Free Trade pacts with different commercial blocs and individual countries • Open trade and market principles. • The best geographic location for gaining access to the markets in the Gulf, Asia, and Africa • A member of the World Trade Organization is Oman (WTO). • A firm commitment to privatizing public facilities and tight collaboration between the public and commercial sectors • Tax exemptions that are appropriate and may last up to ten years • Specialized legislation to safeguard foreign investment rights • Simple loans with reasonable benefits and flexible repayment schedules • Safety, security, and stability • Justice and trustworthiness • Systems of the present with simplified processes Final Thoughts Oman has been liberalizing its economy, expanding into new markets, and moving away from its reliance on oil. For instance, a significant copper project is currently underway. Oman has about 4 million inhabitants, which is less than Germany or the US, but the majority of them live in Muscat, the capital, and the wealthiest among them all have similar characteristics. Many buyers are clamoring for western items and a faster way to make purchases. For frontier and emerging entrepreneurs that want to be big fish in little ponds and use straightforward methods already functioning in more developed economies with comparable levels of wealth, untapped markets like Oman present an intriguing possibility. For more information, please contact us.

Bank Muscat Agreement

Wujha Real Estate and Bank Muscat has signed two agreements to cooperate in facilitating the housing financing procedures for the company’s clients of Zaha (Al Mawaleh South) and Dana Al Irfan projects. It was signed by Hazaa Al-Saadi, CEO of Wujha, and Mr. Mahmoud Al-Hattali, Director of Products, Retail Sales, Assets and Properties in Bank Muscat. These efforts is to facilitate for its clients the access to housing finance after approving their projects with local banks. The company signed similar agreements during this year for a number of its projects. Since its establishment, more than 500 customers have benefited from the residential solutions services that it provides within its own standards of quality that are equivalent to the value of residential units, as well as the presence of its projects in the most vital places in Muscat to provide an integrated residential and investment experience for customers.

Wujha Participated in Bank Muscat’s Baituna Souq

Wujha Participated in the annual ‘Baituna’ souq organized by Bank Muscat in Muscat City Centre. The 3 days event started on 22rd of January 2019 under the auspices of Eng. Siham Al-Harithiya, Director General of Planning and Studies at the Ministry of Housing.

Wujha Signed a Partnership With Initiative ‘Our Mussanah’

Wujha signed a partnership contract with youth initiative ‘Our Mussanah’ as part of the company’s plans to enhance social responsibility. It was signed by Ammar bin Salem Al-Madhrouf Al-Saadi, Chairman of the Board of Directors of Wujha Group, and / Ahmed bin Jamil Al-Numani, Chairman of Board of Directors in Our Mussanah.

Wujha Hosts Annual Iftar Gathering 2019

Wujha hosted its annual iftar gathering for partners and clients of the company at Kempniski Hotel Almouj Muscat.

Wujha Participated in the Oman Real Estate EXPO

Wujha participated in the Oman Real Estate EXPO. The exhibit was heald at Oman Convention and Exhibition Centre under the auspices of His Excellency Sheikh Saif bin Mohammed Al Shabibi the Minister of Housing.

Wujha Exhibit for Ooredoo Employees

Wujha organized a special exhibit for Ooredoo employees at their HQ. The exhibit was to introduce Wujha and its projects to the employees of Ooredoo. At the end of the event, a withdrawal of an iPhone was held for the attendees.

Wujha Celebrates Omani Women’s Day at Laha Mall

Wujha Celebrates the Omani Women’s Day 2019 at Laha Mall. The celebration ceremony was under the auspices of Her Highness Dr. Taghreed Al Said.

Laha Mall, The First integrated mall for Wujha Real estate

Officially we opened “Laha Mall” which considered as the first step in Malls development filed, it covers an area of 5000 square meters, and located in ALKoud Area. The ceremony was held under the patronage of His Excellency Sheikh Saif bin Muhammad Al-Shabibi, Minister of Housing, in the presence of their Excellencies, members of the Shura Council and Social Media Celebrity. The ceremony included a variety of event, where a video was shown and the violinist Tahera Al Balushi played various tracks . At the end of the ceremony, His Excellency and gusts made a tour in the mall

Kick of year meeting

In the context of strengthen relations and evaluate the company’s general plans, the company held an annual employee celebration at the Kempinski Al Mouj Hotel, in the presence of the company’s chairman, CEO, department managers, employees and technicians. It included a review of the work plan for the year 2021 and a discussion of the most prominent achievements in the past year, in addition to a review of the company’s future projects, which require everyone to work as a team to reach the desired goals for the development of the company. A number of training workshops and sessions were also held to enhance communication between employees, in addition to discussing the strategies and future plans of the company and its orientations in the annual plan in the real estate market.