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Master-developer of the Bandar Jissah destination — a government-backed Omran × Saraya joint venture.

Muscat Bay

Muscat Bay — formerly Saraya Bandar Jissah — is the master-developer of one of Oman's flagship coastal destinations, a 2.2 million sqm Integrated Tourism Complex (ITC) set in the cove of Bandar Jissah, near Qantab, just south of Muscat. The company was established in 2007 as a privately held joint venture between Omran (the Oman Tourism Development Company, the government's tourism investment arm) and Saraya Holding Oman, and rebranded to Muscat Bay in 2017 to match the destination it built. Backed by the Omani government as part of the country's drive to grow inbound tourism, the destination is anchored by the five-star Jumeirah Muscat Bay resort and freehold residential clusters open to buyers of any nationality.

Fondata 2007 (rebranded to Muscat Bay in 2017) Fondatore Joint venture — Omran (Oman Tourism Development Company) and Saraya Holding Oman Sede centrale Muscat, Sultanate of Oman DFM Not publicly listed Not publicly disclosed
2007
Founded
~2.2M sqm
Destination
Govt JV
Backing
LO STORICO

Muscat Bay di storico.

Positioned as one of Oman's premier tourism destinations, built around an integrated master plan that pairs a Jumeirah-operated resort with residential villas and apartments, retail, leisure and beach access between the Al Hajar Mountains and the Sea of Oman.

Storico delle consegne

A single-destination, master-developer model: rather than building across many sites, Muscat Bay focuses entirely on developing and managing the Bandar Jissah ITC in phases. The five-star Jumeirah Muscat Bay resort opened on site, and residential clusters have been delivered and handed over within the destination.

Anni di attività

Since 2007 (as Saraya Bandar Jissah). One master destination — Muscat Bay at Bandar Jissah

Solidità finanziaria

As a government-backed joint venture — with Omran, the state tourism investment company, as a partner alongside Saraya Holding Oman — the destination carries strong institutional sponsorship aligned with Oman's national tourism strategy.

Fondata2007 (rebranded to Muscat Bay in 2017)
FondatoreJoint venture — Omran (Oman Tourism Development Company) and Saraya Holding Oman
Sede centraleMuscat, Sultanate of Oman
TipologiaPrivate joint venture — government-backed
Progetti attivi1
COMMUNITY DI PUNTA

Muscat Bay di punta destinazioni.

Five-star beach resort · ~206 rooms
Jumeirah Muscat Bay
The anchor of the destination and Jumeirah's first resort in Oman — a five-star beachfront retreat set in the secluded cove of Bandar Jissah.
Integrated Tourism Complex · ~2.2M sqm
Muscat Bay ITC
The master destination at Bandar Jissah — residential clusters, the Jumeirah resort, retail and leisure, with beach access and mountain and wadi outlooks.
Freehold homes · apartments, townhouses & villas
Luma Residence
A residential release inside Muscat Bay — freehold homes open to any nationality, with lifetime Omani residency for owners and resort facility access.
COSA LI DISTINGUE

Cosa rende Muscat Bay speciale.

Tipologie di immobili ApartmentsTownhousesVillasHospitalityRetail
Segmento di prezzo Premium / luxury

Stile distintivo

Muscat Bay specialises in a single integrated tourism destination — a master-planned ITC that blends a five-star resort, branded residences and leisure into one coastal community, rather than a portfolio of scattered projects.

Piani di pagamento

Within its residential releases, Muscat Bay uses construction-linked payment plans — a booking deposit and SPA payment up front, milestone instalments through construction, and a substantial balance on handover.

IL PARERE ONESTO

Punti di forza e considerazioni.

Dove Muscat Bay eccelle
  • An ITC where foreigners can own 100% freehold — and gain Omani residency
  • Government-backed through Omran, the state tourism investment company
  • Anchored by an operating Jumeirah five-star resort — a strong destination brand
  • 0% property tax and 0% personal income tax in Oman on rental income and gains
Da considerare
  • A single-destination developer — your exposure is concentrated in one location, Bandar Jissah
  • Premium-to-luxury pricing reflects the resort setting and branded environment
  • A privately held JV — without the public-company disclosure of a listed developer
  • Off-plan releases carry the usual construction and handover timelines — plan for patient capital
1 PROGETTO ATTIVO

Tutti i progetti di Muscat Bay.

Dal vivo dal catalogo — ordinati dal più economico. Clicchi su una qualsiasi scheda per la pagina completa dell'immobile.

BUONO A SAPERSI

Domande frequenti su Muscat Bay.

Who is the developer behind Muscat Bay?+

Muscat Bay — formerly Saraya Bandar Jissah — is the master-developer of the destination of the same name at Bandar Jissah, near Qantab. It was set up in 2007 as a privately held joint venture between Omran (the Oman Tourism Development Company, the government's tourism investment arm) and Saraya Holding Oman, and adopted the Muscat Bay name in 2017.

Can foreigners buy property at Muscat Bay?+

Yes. Muscat Bay is an Integrated Tourism Complex (ITC) — one of the designated zones in Oman where buyers of any nationality can own 100% freehold. Ownership typically comes with renewable Omani residency for the owner and immediate family.

Is the Jumeirah Muscat Bay resort part of the same destination?+

Yes. Jumeirah Muscat Bay is the anchor of the destination and Jumeirah's first resort in Oman — a five-star beachfront hotel set in the cove of Bandar Jissah, surrounded by the residential clusters of the wider Muscat Bay ITC.

What taxes apply to property investors at Muscat Bay?+

Oman currently levies no annual property tax and no personal income tax, so rental income and capital gains for individuals are untaxed. A one-time registration fee applies on purchase. This makes ITC freehold property in Oman attractive on a net-yield basis.

Is buying off-plan at Muscat Bay safe?+

Off-plan purchases in Oman's ITCs are typically protected by escrow arrangements, where buyer payments are held in a regulated account and released to the developer against construction progress. Muscat Bay's government-backed Omran partnership adds institutional sponsorship to the destination.

Where exactly is Muscat Bay located?+

Muscat Bay sits at Bandar Jissah, near Qantab, just south of Muscat, in a coastal cove between the Al Hajar Mountains and the Sea of Oman — roughly 20 minutes from the Muscat CBD and Mutrah, with neighbouring resorts a short drive away.

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