Home / Properties / Muscat Bay / Luma Residence

Luma Residence

Muscat Bay, Qantab, Muscat, Sultanate of Oman

75sqm

From size

1–3

Layouts

Muscat Bay, Muscat · 1–3 · from 75sqm · starting at 78,555OMR

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. The $600M destination is anchored by Jumeirah Muscat Bay — Jumeirah's first five-star resort in Oman — and adds 9 on-site retail outlets, restaurants, a gym, a medical clinic and offices. 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.

Investment & ownership

Freehold · ITC

Ownership

240

Total units

Payment plan

Construction-Linked Plan2.5% booking + 7.5% SPA + 30% milestones + 50% handover

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

Muscat Bay

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

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.

2007FoundedMuscat, Sultanate of OmanHeadquartersOne master destination — Muscat Bay at Bandar JissahProjects delivered

View Muscat Bay

About Muscat Bay

A five-star coastal retreat between the Al Hajar Mountains and the Sea of Oman.

Muscat Bay is a gated five-star resort community at Bandar Jissah, near Qantab — a 2.2 million sqm Integrated Tourism Complex (ITC) carved into the coves and headlands where the Al Hajar Mountains meet the Sea of Oman, around 20 minutes from downtown Muscat. Formerly Saraya Bandar Jissah and rebranded in 2017, it is anchored by Jumeirah Muscat Bay — the brand's first beach resort in Oman — and pairs private beaches and mountain trails with a curated mix of villas, townhouses and apartments. As a designated ITC it grants 100% freehold ownership to buyers of any nationality, with zero annual property tax, no personal income tax, and eligibility for Oman's investor residency programme.

International schools across greater Muscat (e.g. The Sultan's School, ABA – American British Academy, TAISM)NearbyNurseries and schools within 15–20 minutes in the Qurum / Madinat Al Sultan Qaboos corridorNearbyDowntown Muscat (Mutrah / CBD) · ~20 minDrive time

Explore Muscat Bay

Location

View on Google Maps ↗

LEAVE YOUR DETAILS

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.