Ishrath Jaigirdar,
Dubai, UAE
Muriya, a joint enterprise between Orascom Development Holding and Oman Tourism Development Company (OMRAN) is garnering interest to invest in Oman with its sea-front residential and tourist destinations. For more than 15 years, Muriya has developed large scale destinations, Jebel Sifah and Hawana Salalah, on 20 million square metres of land complemented by 13 kilometres of beachfront. They feature residential communities, leisure spots, hospitality, and sports experiences. Gulf Property exclusively interviewed the developer when it participated at the Acres Exhibition in Sharjah Expo Centre to showcase its upcoming real estate community, Raya, Jebel Sifah.
Muriya’s Hawana Salalah comprises freehold villas and apartments. The destination boasts two five-star hotels and a boutique hotel, offering over 1,204 guest rooms. Hawana Salalah also features an eco-friendly lodge and an aqua park. For leisure, it has a yacht marina comprising 170 wet berths and 109 dry berths capacity. Additionally, a wide range of restaurants, cafés, convenience shops, clinics, and pharmacies are available in the coastal community.
Jebel Sifah, a 6.2 million square metres coastal destination just 45 minutes from Muscat, also offers a variety of freehold residential options for ownership or rental. The units range from apartments to villas and town houses along the 5.5-kilometre coastline. The destination features a 9-hole PGA Harradine signature golf course, an array of dining and leisure facilities, beaches, diving and water sports centre, beach clubs, horse stables, a beach camp, and tennis courts.
According to Statista.com, the residential segment dominates Oman’s real estate industry with a projected market volume of US$239.20 billion (Dh878.57 billion) in 2024. The country is experiencing a surge in demand for high-end waterfront developments. Muriya is contributing to this demand with its portfolio of large-scale luxury residential communities, among which Raya is its latest project.
Located in Jebel Sifah, Raya hosts two- and three-bedroom villas starting at Dh1.55 million. The Majlis and Wellness villas offer an indoor-outdoor living experience with secluded gardens, the Jebel Sifah Golf Course and park vistas, BBQ pavilions, and private pools. To promote the concept of wellness, Raya is equipped with multi-purpose exercise zones, fitness pavilions, private wellness sanctuaries, and shaded yoga retreats.
Firas Matraji, Chief Operating Officer of Muriya, said, “Raya represents an exciting addition to our legacy at Jebel Sifah, redefining the concept of authentic living in Oman. This development is poised to align seamlessly with the global trend in second-home ownership, catering to the rising demand for a wholesome, balanced, and flexible indoor-outdoor living experience in resort-style destinations. Jebel Sifah remains a distinctive gem, and our thriving freehold homeownership model continues to provide a hassle-free real estate journey for both local and international buyers.”
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