Al Abrar Real Estate

Al Abrar Real Estate is an Omani developer and property-services firm founded in 2008, based at Panorama Mall in Al Ghubrah South, Muscat, and part of the Al Siyabi International Group. It combines ground-up development with buying, reselling, leasing and property management.

Hay Al Wafaa (the Al Wafaa district) is Al Abrar's flagship project — the first residential district of Sultan Haitham City. Spanning roughly one million square metres, it mixes apartments, townhouses and villas with mosques, a school complex, kindergartens, an international hospital and leisure spaces, built across multiple phases at an estimated OMR 280 million.

Sultan Haitham City is the Omani government's Vision 2040 smart-city flagship, planned across about 14.8 million square metres west of Muscat for roughly 100,000 residents and around 20,000 homes. Hay Al Wafaa is its first residential district, with the first phase under construction and early handovers targeted for 2026.

Yes. Hay Al Wafaa is freehold-eligible for all nationalities, and Oman allows foreign nationals to buy freehold within designated zones such as Integrated Tourism Complexes and approved districts. Ownership carries the right to sell, lease and pass the property to heirs.

Buying a qualifying property in Oman can make the investor and family eligible to apply for a property-based residency permit. Oman currently levies 0% annual property tax and 0% capital-gains tax, with personal income tax also at 0% until a planned 5% levy on high earners from 2028. Buyer funds in off-plan projects are typically protected through regulated escrow.

Not yet — it is off-plan and under construction. Phase 1 broke ground in 2024 and the developer targeted first handovers for 2026, with later phases following. Current availability and pricing are released per phase and provided on request.