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Oman's master-developer of seaside Integrated Tourism Complexes — Jebel Sifah and Hawana Salalah.

Muriya

Muriya is one of Oman's foremost developers of Integrated Tourism Complexes (ITCs) — large, master-planned seaside towns that blend freehold homes, hotels, marinas and leisure into a single destination. Founded in 2006 as a joint venture between Orascom Development Holding, the Swiss-listed integrated-town specialist behind El Gouna and Andermatt, and OMRAN Group, Oman's government tourism-investment arm, Muriya builds and operates two of the Sultanate's flagship coastal destinations: Jebel Sifah near Muscat and Hawana Salalah in Dhofar.

Founded 2006 Founder Joint venture — Orascom Development Holding & OMRAN Group (Oman Tourism Development Company) HQ Muscat, Sultanate of Oman
2006
Founded
~$750M
Invested in Oman
Orascom + OMRAN
Ownership
THE TRACK RECORD

Muriya's record.

Regarded as a pioneer of Oman's ITC model and the most experienced seaside-destination developer in the country. Its communities are not standalone projects but live, operated towns — with hotels, marinas, beaches, retail and in-house property management — which supports sustained rental demand and a credible exit market.

Delivery record

Muriya has delivered residential communities and operating hotels across both of its Oman destinations, and has invested roughly $750 million in the Sultanate to date. As the local arm of Orascom Development — a group with more than 30 years of integrated-town experience — it brings an unusually deep operating track record for an Oman developer, including a recent project (Hawana Lagoons) handed over ahead of schedule.

Years active

20 years (since 2006). Two flagship ITC destinations with multiple delivered communities and over 1,000 homes handed over

Financial strength

Backed by two substantial parents: Orascom Development Holding (SIX Swiss Exchange–listed, with a global land bank exceeding 100 million m² and a hospitality portfolio of more than 7,000 rooms) and OMRAN Group, the Omani government's tourism-investment vehicle. This dual public-and-government backing materially lowers counterparty risk.

Founded2006
FounderJoint venture — Orascom Development Holding & OMRAN Group (Oman Tourism Development Company)
HQMuscat, Sultanate of Oman
TypeJoint venture · privately held in Oman; parent Orascom Development Holding is listed on the SIX Swiss Exchange
Active projects9
SIGNATURE COMMUNITIES

Muriya flagship destinations.

Coastal & golf ITC · ~6.2M sqm
Jebel Sifah
A seaside town 40–45 minutes south-east of Muscat, set between the Al Hajar Mountains and roughly 6 km of coastline. Features a marina, a Harradine-designed 9-hole golf course and the 68-room Sifawy Boutique Hotel.
Beachfront ITC · ~13.6M sqm
Hawana Salalah
Muriya's flagship destination on the Dhofar coast, with several kilometres of beachfront, an inland marina, Oman's first aqua park and four operating hotels — Salalah Rotana Resort, Fanar Hotel & Residences, Juweira Boutique Hotel and Souly Lodge.
Oceanfront chalets & villas
Amazi (Hawana Salalah)
A waterfront residential community at Hawana Salalah, offering chalets and twin-villas with handovers staged from 2027.
Apartments & studios
Solaris (Jebel Sifah)
An apartment community at Jebel Sifah and the entry point to the destination, with compact studios and 2-bedroom homes.
WHAT SETS THEM APART

What makes Muriya special.

Property types StudiosApartmentsChaletsTownhousesVillasHospitality
Price segment Accessible to mid-luxury

Signature style

Muriya specialises in Integrated Tourism Complexes — government-sanctioned destinations where foreign buyers receive full freehold title, and where homes sit alongside operating hotels, marinas, beaches and leisure. Ownership comes bundled with resort infrastructure and an in-house rental operation.

Payment plans

Muriya's off-plan terms are typically interest-free and milestone-linked. A common structure across its Oman projects is 10% on booking, then quarterly instalments through to handover, with VAT added separately.

THE HONEST VIEW

Strengths & considerations.

Where Muriya shines
  • Full freehold for all nationalities under Oman's ITC framework
  • An operated destination — hotels, marina and leisure already running supports rental demand
  • In-house rental management (Wateera) handles short- and long-let on the owner's behalf
  • A property purchase opens a path to Oman residency — 2-year property-based, or 10-year Golden Residency at OMR 200,000+
  • Backed by a Swiss-listed parent (Orascom) and the Omani government (OMRAN)
Worth considering
  • Both destinations are resort/tourism locations, not central-city addresses — demand is partly seasonal (notably Salalah's Khareef monsoon season)
  • Much of the inventory is off-plan, with handovers staged over the next 1–3 years
  • Buyers pay 5% VAT plus a 3% Ministry of Housing fee at title registration, on top of the unit price
  • Service-charge rates are set per project in the sale contract and should be confirmed for the specific unit
9 ACTIVE PROJECTS

All projects by Muriya.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Muriya.

Who is Muriya and who owns it?+

Muriya is an Omani master-developer of Integrated Tourism Complexes, founded in 2006 as a joint venture between Orascom Development Holding (the Swiss-listed group behind El Gouna and Andermatt, holding ~70%) and OMRAN Group, Oman's government tourism-investment arm (~30%). It develops Jebel Sifah near Muscat and Hawana Salalah in Dhofar.

Can foreigners own property at Jebel Sifah or Hawana Salalah?+

Yes. Both are designated Integrated Tourism Complexes (ITCs), which grant full freehold ownership to buyers of any nationality, with title registered in the owner's name at Oman's Ministry of Housing and Urban Planning.

Does buying a Muriya property give me residency in Oman?+

Yes. Owning a freehold home in an ITC qualifies you for an Oman residence permit covering your immediate family. A 2-year property-based residency has no minimum value, while a purchase of OMR 200,000 or more can qualify for the 10-year Golden Residency. The permit is tied to continued ownership of the property.

What taxes apply to property in Oman?+

Oman currently levies no annual property tax and no personal income tax on individuals, so rental income is presently untaxed. Buyers do pay 5% VAT on the unit price and a 3% registration fee at title issuance. Note Oman has legislated a personal income tax on high earners from 2028, so the long-term position may change.

Are off-plan payments protected?+

Yes. Under Oman's Real Estate Development Law, off-plan buyer payments must be held in a dedicated escrow account at an approved bank, with the developer able to draw funds only against verified construction progress. Buyers should always pay into the project's escrow account rather than a general developer account.

What's the cheapest way into a Muriya destination?+

Entry points start in the region of OMR 35,000 for a compact studio at Jebel Sifah's Solaris community, rising through chalets, apartments and villas at both destinations. Exact availability and pricing change frequently — contact us for the current live inventory.

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