Sultan Haitham City: RO 280mln Hay Al Wafa District project launched
Muscat: The offering of residential units began in the Al Wafa neighborhood in Sultan Haitham City, one of the neighborhoods of the first phase of the city. Its area is about one million square meters and includes 1,800 housing units being implemented in 5 phases at a total cost of about 280 million Omani riyals.
The first phase of Al Wafa neighborhood includes the sale of 375 residential units of apartments and villas of multiple sizes and designs that provide various options for residents. It is expected that the delivery of the first phase units will begin by the end of 2026, coinciding with the completion of infrastructure services, including the road network, communications, water, sanitation, electricity, and lighting.
The occasion was sponsored by His Excellency Dr. Khalfan bin Saeed Al Shuaili, Minister of Housing and Urban Planning. Salem bin Ali Al Siyabi, Chairman of Al Abrar Real Estate Company – one of the developers of Sultan Haitham City – said: Units are being offered in the first phase of Sultan Haitham City at prices lower than the actual cost, especially for eligible Omanis, and 5 percent of the housing units have been allocated in each neighborhood of Sultan City. Haitham is for people with limited income, 45 percent for eligible Omanis who have previously applied for residential lands, and 50 percent for other categories of Omanis and non-Omanis under the freehold system.
He pointed out that the offered residential units are distributed between 50 percent in the residential sector of the neighborhood and 50 percent in the commercial district, which extends about a kilometer in the Al-Wafa neighborhood, and its plan extends connected to the rest of the neighborhoods, stressing that all residential and commercial units are offered under the ownership system, and the price per square meter will be about 325. Omani riyals for residential units allocated to eligible Omanis. He explained that work is underway on the site designated for the Al-Wafa neighborhood, and construction will begin immediately after the final approval of the plan by the concerned authorities, which is currently under procedures.
He indicated that it is planned that construction will take place and the housing units will be delivered to each stage in the neighborhood successively after its completion, so that the neighborhood will be completed in all its stages by the year 2030, which is the set date for the end of the first phase of Sultan Haitham City. The Chairman of Al-Abrar Real Estate Company confirmed that the Sultan Haitham City project and other future and new cities included in the urban development plans in the Sultanate of Oman are a new and important addition that meets the options in the real estate market and the needs of population growth and keeps pace with the increasing attractiveness of the Sultanate of Oman as a safe destination for residence and investment for regional and global investors.
It is worth noting that the prices of residential apartments for eligible Omanis start from 29 thousand Omani riyals, and the prices of villas from 65 thousand Omani riyals in various sizes, while the prices for non-eligible Omanis and foreigners start from 101 thousand Omani riyals. Sultan Haitham City – with an area of about 14.8 million square metres – accommodates 100,000 people and includes 19 integrated neighborhoods. The stages of building the city are divided into four phases to be implemented starting from the current year until 2045 AD.
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