About the project
Luma Residence delivers 240 freehold homes inside Muscat Bay's 2.2 million sqm coastal sanctuary, framed by the Al Hajar Mountains on one side and the Sea of Oman on the other. Interiors lean on a calm, nature-led palette — beige porcelain stone-look tiling, satin-white walls and dark-grey quartz worktops paired with matching laminate cabinetry — beneath a clean, contemporary architectural line.
Homes & sizes
- 1-bedroom apartment — 75.7 m² BUA / 105.6 m² sellable, with a 29.9 m² terrace and Wadi outlook
- 2-bedroom apartment — 109 m² BUA / 112.6 m² sellable
- 3-bedroom townhouse — 207 m² BUA / 242 m² sellable, 194–271 m² plot, private garden and 2 parking spaces
- 3-bedroom villa — 265–300 m² BUA / 300 m² sellable, 274–345 m² plot, optional private pool, maid's room and guest reception
Premium tiers are also released: Signature, Middle Corner, Extreme Corner and Big Garden units.
Payment plan — construction-linked across 8 instalments
- 2.5% on booking
- 7.5% on SPA signing (within 30 days)
- 5% at 6 months and 5% at 12 months from booking
- 10% at each construction milestone — substructure, superstructure and MEP
- 50% on handover
Ownership & residency
- 100% freehold ownership for any nationality
- Lifetime Omani residency for the owner
- Support with bank-account opening and preferential mortgage rates
- Muscat Bay Resident Club Card, including leasing and re-sale services
The location
Muscat Bay is master-developed by Muscat Bay LLC — formerly Saraya Bandar Jissah, founded in 2007 as a private joint venture between Omran (Oman's government tourism investment arm) and Saraya Holding Oman. Mutrah and the Muscat CBD are roughly 20 minutes away, with Al Bustan Palace Ritz Carlton, AIDA and the Shangri-La Barr Al Jissah Resort all within 7–10 minutes.
Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.
Additional details
| Detail | Value |
|---|---|
| Developer | Muscat Bay |
| Location | Muscat Bay, Muscat |
| Unit types | 1–3 |
Investment & ownership
Payment plan
- 2.5%BookingImmediate, on booking
- 7.5%SPA signingWithin 30 days from booking
- 5%1st instalment6 months from booking
- 5%2nd instalment12 months from booking
- 10%Substructure completionLinked with construction
- 10%Superstructure completionLinked with construction
- 10%MEP fix completionLinked with construction
- 50%HandoverOn project completion
Interest-free developer payment plan. Final figures are confirmed in the Sale & Purchase Agreement.
The developer
About Muscat Bay
A five-star coastal retreat between the Al Hajar Mountains and the Sea of Oman.
Location
View on Google Maps ↗What's nearby
A personal advisor will get back to you.
Within 3 business hours you'll receive a full briefing on Luma Residence — floor plans, payment schedule, ROI projection, and the full amenity list — as a single PDF.
