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CONSTRUCTION NEWS

Muscat Bay completes Phase One of residential development

Jul 8, 2019 10:22 AM

Muscat Bay a joint venture between Saraya Holdings Oman and Oman Tourism Development Company (Omran) said it has achieved a major milestone with the successful completion of the Phase One of the residential...

Muscat Bay, a joint venture between Saraya Holdings Oman and Oman Tourism Development Company (Omran), said it has achieved a major milestone with the successful completion of the Phase One of the residential project, Signature Parkland at the Zaha property zone within its integrated tourism complex (ITC) development.

The milestone marks the completion and availability of villas, apartments and duplexes in the property sections of Wajd, Zaha and Nameer, said the statement from the developer.

The 33-Nameer island villas are centered in one of the largest man-made lagoons in the sultanate, while the Zaha properties include 200 residences, with 1-2 bedroom apartments, 3-bedroom penthouse apartments, and duplexes, strategically located to provide direct access to the community Parkland area.

The Wajd hilltop villas host the most lucrative view at Muscat Bay, where 22-exclusive villas are situated in a private elevated hill area, it stated.

Following the official opening of Signature Parkland at the Zaha zone as part of Phase 1, Muscat Bay now aims to open up the Village Square nearby and Jumeirah Hotel soon, it added.

On the achievement, CEO Hamood bin Sultan Al Hosni said: "We are honored to take this project to completion stage. We are committed to providing an excellent environment that offers our residents with luxurious and scenic views to aspire them on a daily basis."

Muscat Bay is a fully-fledged tourism complex covering 2.2 million sq m facing the waterfront of the Gulf of Oman, surrounded by the tall mountains capes, and offering a premium level of privacy in its residences.

Upon its completion, the project will include 435 residences spread across five free-holding residential areas, offering its residency to all nationalities. It will also include two five-star hotels run by the globally renowned luxury hotel chain, Jumeirah Group.

It will bring together world-class restaurants, cafes, a supermarket and gym for the residents, and retail shops at the heart of Muscat Bay.

"The modern architecture and finishing of our exclusive homes are completed and ready to move into. We are proud to successfully conclude the first phase since the development broke ground. We are looking forward to continuing on this path and creating a lasting impact on the project as a whole," he noted.

Al Hosni said: "We are eager to watch the new properties and facilities in phase 2 grow and blossom just as the homes in Phase One have been realized through our vision."

"In order to promote tourism and attract more tourists to the country, we need as much infrastructure and hospitality facilities as possible. When we bring more international chains to Oman, the country will become more known among international visitors," he added.-TradeArabia News Service

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