Zen Development Oman: Developer Profile, Projects and Portfolio

For Sale

• Starting from $358,900
• 3-bedroom from $478,500

For Sale

Zen Residences, Muscat Bay, Oman

• Starting from $358,900
• 3-bedroom from $478,500

Muscat Bay, Bandar Jissah, Muscat, Oman

• 1378 sq ft
• Apartment, Loft, Studio

Details

2 months ago

2 months ago

Zen Development Oman: Who the Developer Is and What It Builds

Zen Development Oman is the working name of Zen Development and Investment LLC, a real estate developer based in Muscat. According to its own website, the company provides residential and commercial properties and builds its brand around innovation, balance and environmental responsibility. Its project Zen Residences sits inside the Muscat Bay resort community at Bandar Jissah on the Gulf of Oman coast, south-east of the capital. Zen Development Oman announced the project at a launch event on 6 March 2024, appointed its main contractor in May 2024 and announced the start of construction in August 2024.

This profile collects what is publicly documented about Zen Development Oman: who is behind the company, what Zen Residences consists of, how the payment plan is structured, what the main contractor has built, and how a purchase works under Omani law. Prices, sizes, payment dates and amenities for the project come from our own Zen Residences listing, which is built from the developer’s data sheet and presentation. Corporate facts, dates and quotations come from the developer’s website and from the Omani press. Where a statement is the developer’s own, we say “according to the developer”. Dollar figures are converted at the Omani rial peg of 2.6008 dollars per rial, so OMR 139,200 is shown as $362,031; for how the peg affects a dollar-based buyer, see our guide to the Omani rial peg.

One naming point helps with orientation. Muscat Bay, the community that hosts Zen Residences, is developed by a separate company, Saraya Bandar Jissah, trading as Muscat Bay. It has its own page in our developers section: see the Muscat Bay profile. Zen Development Oman is the developer of the Zen Residences buildings; the surrounding roads, hotel, beach club and estate facilities belong to the wider Muscat Bay community. For the wider map of who builds what in Oman, see the guide to Oman property developers and the developers hub.

Zen Development Oman at a Glance

Ownership, History and Backing of Zen Development Oman

Zen Development Oman describes itself on its “Who We Are” page as a real estate developer in Oman that provides residential and commercial properties and offers sustainable lifestyle experiences. The page sets out a mission, a vision and four core values. The mission is to create refined, innovative, high-quality living environments while making a positive impact on the community. The vision is to be recognised for innovation and creativity, with a focus on sustainable living, architectural quality and community well-being. The four values are quality, ingenuity, sustainability and community. The sustainability value is described as covering design, construction and operations, with the aim of minimising the ecological footprint of each development.

The company is a limited liability company based in Oman, and its Muscat address is on its contact page. The developer’s LinkedIn page lists Muscat as its headquarters and repeats the same business description. The individual named in the launch coverage is Mohammed Assaf, introduced as Partner and Director of Operations, who spoke at the launch and was quoted again in the contractor and ground-breaking announcements.

The launch was held at Jumeirah Muscat Bay under the patronage of His Excellency Khalfan bin Saeed Al-Shueili, the Minister of Housing and Urban Planning. The Muscat Daily report and the Times of Oman report name Sheikh Hamood Al Hosni, chief executive of Muscat Bay, as a speaker. According to the developer’s launch release, he described the collaboration with Zen Residences as part of the community’s aim of offering residents harmony, community and modern comfort. The masterplan was shown at the event, together with the amenity list.

A timeline built from dated sources

Read in order, the timeline moves from the March 2024 launch, through the May 2024 contractor appointment and the August 2024 construction start, to the January 2026 press coverage that lists Zen Residences among the Muscat Bay schemes. The developer’s news page, at zendevelopment.om/news, lists the five releases from 2024 above.

Zen Residences: The Project Zen Development Oman Sells in Muscat Bay

Zen Development Oman currently has one project on our lists, and the sub-sections below describe it in the order a buyer usually asks: what it is, where it is, what sizes and prices are quoted, how the payment plan works, what the handover target is, and what the grounds include. Dollar prices and sizes come from the table on our listing; rial figures are converted at the 2.6008 peg and rounded.

Zen Residences, Muscat Bay

Zen Residences is a set of five low-rise buildings with 80 homes. The developer’s project page describes five buildings offering studios, one-, two- and three-bedroom apartments and lofts. The master plan on that page labels the buildings Z1 to Z5 and shows ground, first, second and third floors with a loft level on the fourth and fifth floors. Our listing records that 13 of the 80 homes remain available.

The architecture is described on our listing as grey render with red brick cladding, black-framed panoramic windows in most rooms, glass balcony partitions and wood-effect decking on terraces and balconies. Every apartment has a balcony. Homes are delivered finished: dark grey and brown wood-texture floors, light grey walls in living areas, ash-brown wood-effect doors and skirting, and grey stone-effect tiling in bathrooms with sand-toned stone cladding. The specification for a given home, including the kitchen, is set out in the sale agreement.

The location is the Muscat Bay resort community in Bandar Jissah, between sandy cliffs on the Gulf of Oman coast. The listing gives a private beach within a walk of under 15 minutes and these drive times: 3 minutes to the Shangri-La hiking trails, 4 minutes to the SPAR supermarket in Muscat Bay, 7 minutes to Qantab Heights Bay, 11 minutes to the Cold Store supermarket, 12 minutes to Jumeirah Muscat Bay and to the Capital Area Yacht Club, 15 minutes to the Badr Al Samaa Hospital in Ruwi and to KIMSHEALTH Hospital Oman, 17 minutes to Ruwi, about 20 minutes to Mutrah Corniche, 23 minutes to Oasis Mall, 25 minutes to the Sultan Qaboos Grand Mosque and 29 minutes to the Mall of Oman. muscatbay.com places the community about 20 minutes from downtown Muscat.

Sizes and prices at Zen Residences

On our listing the studio starts at 635 sq ft (59 m²). The two-bedroom apartment starts at 1,378 sq ft (128 m²) and the three-bedroom at 1,830 sq ft (170 m²). The two priced types are quoted at $358,900 for the two-bedroom (about OMR 138,000) and $478,500 for the three-bedroom (about OMR 184,000). Divided by the stated size, that is about $260 per sq ft for the two-bedroom and about $261 per sq ft for the three-bedroom, or about OMR 100 per sq ft for both. The formula is the listing price divided by the stated size in square feet. Prices for studios, one-bedroom apartments and duplex lofts are given on enquiry, so the table below shows the two priced types. For how per-area rates are read across the country, see our guide to price per square metre in Oman.

The Zen Residences payment plan

According to our listing, the Zen Residences plan has seven instalments tied to named calendar dates. The first is 2.5% at reservation, the second is 17.5% when the sale agreement is signed, and the remaining 80% falls on fixed dates: 20% in December 2026, then 15% in each of March, June, September and December 2027. A buyer’s cumulative payments reach 40% after the December 2026 instalment and 55% after the March 2027 instalment, with 45% scheduled for June to December 2027. The table converts the percentages into dollars for the two priced home types.

Because the dates are fixed rather than counted from the booking date, every buyer follows the same calendar. The reservation documents set out the exact amounts and dates that apply to a given sale. Our guide to payment plans in Oman explains how this type of fixed-date plan differs from plans counted from the booking.

Handover target for Zen Residences

The handover target is Q1 2027, per the developer’s data sheet, as recorded on our listing. The sale agreement carries the contractual completion date that applies to a given home. The developer announced the start of construction on 27 August 2024 and appointed Al Adrak Trading & Contracting as main contractor in May 2024. Muscat Bay’s January 2026 Luma announcement, reported by Muscat Daily, lists Zen Residences as the project launched in 2024. Our handover calendar tracks the stated dates for projects across Oman.

Amenities at Zen Residences

The developer lists these amenities on its project page: an infinity pool, an outdoor gym, a running trail, an outdoor barbecue area, a kids’ play area and a Zen garden. The master plan adds a mini-golf area, a yoga garden and guest parking. Our listing adds a sports court, shaded loungers around the pool, and landscaping throughout. According to the developer’s releases, residents also have access to the attractions of the wider Muscat Bay community, which has shops, a beach and the Jumeirah Muscat Bay hotel.

Summary: Zen Residences at a glance

Muscat Bay: The Community Around Zen Residences

Zen Development Oman sells inside Muscat Bay, so the community’s history is part of the context for a buyer. Muscat Bay began as Saraya Bandar Jissah, a partnership between the state tourism developer OMRAN Group and Saraya Oman, and adopted the Muscat Bay name in April 2017. The community covers about 2.2 million square metres on the Gulf of Oman coast. The Gulf News report of November 2018 describes it as located in an Integrated Tourism Complex, the designation that lets non-GCC buyers hold freehold property, and puts the total investment at about $600 million. For the full story of the master developer, see the Muscat Bay profile and the OMRAN Group profile.

The Oman Observer reported in July 2019 that the first phase of homes was complete: 22 hilltop villas at Wajd, 33 island villas at Nameer and 200 residences at Zaha, 255 homes in all, with the Signature Parkland opened at Zaha. Jumeirah Muscat Bay, a resort with 206 rooms and suites, opened on 30 June 2022, according to The National, which describes Muscat Bay as a resort village about 15 minutes from the capital with shops, restaurants, pools, parks and landscaped gardens. In January 2026 Muscat Bay launched Luma Residence, a scheme of about 240 homes, and the same coverage lists Zen Residences as the project launched in 2024.

The community’s own website, muscatbay.com, describes a valley setting between the Al Hajar Mountains and the Gulf of Oman beaches, a village green with shops and restaurants, pools and barbecue areas, children’s play areas, parkland and a residents club. That context matters for Zen Residences because the services around the buildings, from the beach and the hotel to the supermarket in the village, are those of the wider community.

Portfolio and Track Record of Zen Development Oman

The portfolio of Zen Development Oman is one project, and the record of that project is a sequence of dated announcements. Between the March 2024 launch and the January 2026 press coverage, the public record shows five stages: the launch, the brokers’ presentation at the Muscat Bay sales centre, the appointment of the main contractor, the construction start and a brokers’ progress event. Each is on the developer’s news page, and the launch is also covered by Muscat Daily and Times of Oman. The developer describes Zen Residences as its project at Muscat Bay.

The main contractor: Al Adrak

In May 2024 Zen Development and Investment announced a partnership with Al Adrak Trading & Contracting Co LLC, formalised at a signing ceremony at the Muscat Bay sales centre. The developer’s announcement quotes Mr Assaf on the contractor’s experience and craftsmanship, and quotes Dr Aadil Thomas Alexander, Executive Director of Al Adrak, on quality and sustainable construction methods. The release says construction was scheduled to begin in the third quarter of 2024.

Al Adrak is an Omani engineering construction company. TradeArabia reported in February 2026 that Al Adrak Group signed an agreement with the Ministry of Housing and Urban Planning for a mixed-use urban project in Neighbourhood 6 of Sultan Haitham City in Muscat, representing an investment of OMR 185 million ($420 million) on about 460,000 square metres. The agreement was signed by the Minister and by Dr Thomas Alexander, chairman of the group. For a buyer, the contractor’s name is one of the details that normally appears in the project documents, and the reservation pack identifies it.

Sustainability positioning

Environmental responsibility is part of the way Zen Development Oman presents itself. The developer’s company page lists sustainability as a core value, and the launch release said the design infuses sustainability, architectural quality and a focus on community well-being. These are developer statements about intent. The sale documents specify what a given building includes.

How Buying Works With Zen Development Oman

A purchase from Zen Development Oman follows the standard off-plan route in Oman, with the particular dates and amounts of the Zen Residences plan. In practice the sequence runs as follows.

1. Availability and price list. The sales team confirms which homes remain and sends the current price list. Our listing shows 13 of 80 homes available and lists prices for the two- and three-bedroom types; studios, one-bedrooms and lofts are priced on enquiry.
2. Reservation. A reservation form and a deposit of 2.5% secure a specific unit. The reservation form sets out the terms that apply to the deposit.
3. Sale and purchase agreement. At signing, a further 17.5% falls due. The agreement names the seller, the unit, the price, the payment dates, the handover date and the specification.
4. Scheduled instalments. The remaining instalments follow the fixed calendar: 20% in December 2026 and 15% in each quarter of 2027.
5. Snagging and handover. The buyer inspects the home, lists any items to be finished, and receives the keys on handover. Handover certificates and service charge documents are normally issued at this stage.
6. Registration. Title is registered in the buyer’s name. The Gulf News report from 2018 on Muscat Bay said foreign purchasers receive the title deed two to four months after purchase; the sale agreement states the timetable that applies to a given unit.

The legal frame for off-plan sales changed in 2025. Royal Decree 79/2025, issued on 10 September 2025, promulgated the new law regulating real estate. According to the decree text, it was published in Official Gazette issue 1613 on 14 September 2025 and takes effect 180 days after publication, which is March 2026. Our explainer of Law 79/2025 for off-plan buyers summarises the provisions that matter to a purchaser: a licence from the Ministry of Housing and Urban Planning for developers, a separate escrow account for each project into which buyer payments are made, withdrawals tied to verified construction progress, a preliminary registry for off-plan sales and owners’ associations for multi-unit developments. The reservation documents for Zen Residences state which bank, account holder and escrow account receive the instalments.

The service charge for Zen Residences is quoted in the project documents, and the buyer normally confirms the rate and its unit of measure in writing when reserving. Our guide to service charges in Omani real estate covers what these usually include. For the cost of a later sale, see the guide to selling property in Oman.

Ownership Route and Residency for Zen Development Oman Buyers

Foreign freehold ownership in Oman is tied to designated zones. The developer’s “Why Oman” page states 100% freehold ownership for all nationalities and 0% personal income tax, and our listing records Zen Residences as freehold and open to all nationalities inside the Muscat Bay Integrated Tourism Complex, with title registered in the buyer’s name. The Gulf News report of November 2018 describes Muscat Bay itself as located in an ITC. Our guides to freehold property in Oman and to what foreigners cannot buy explain how the zones work, and the reservation documents place the specific unit inside the ITC.

On residency, two routes are relevant and they are different. The Golden Residency needs a single ITC property worth at least OMR 200,000 (about $520,160) and is decided by the Royal Oman Police. Middle East Briefing describes the real estate route as a purchase in an ITC with a valid title deed, with a 10-year permit that can include first-degree family members. The Owner Visa has no minimum price. Our comparison of Golden Residency and the Owner Visa sets out how each works.

The table compares the two priced Zen Residences types with the OMR 200,000 figure. The condition is a single property, so two smaller purchases do not combine.

These are the entry prices on our listing. Prices on our list for the two priced types range from about OMR 138,000 to about OMR 184,000. The Golden Residency threshold is OMR 200,000 for a single ITC property, and the Owner Visa has no minimum; the price in the sale agreement for a given unit is the figure that applies.

Key Facts About Zen Development Oman

• Company. Zen Development and Investment LLC, based in Muscat, with a Bousher address on its website.
• Project. Zen Residences, five buildings and 80 homes in Muscat Bay, launched on 6 March 2024.
• Home types. Studios, one-, two- and three-bedroom apartments and duplex lofts.
• Prices on our listing. Two-bedroom from $358,900 (about OMR 138,000) and three-bedroom from $478,500 (about OMR 184,000).
• Payment plan. Seven instalments on fixed dates, 55% paid by March 2027 and the balance by December 2027.
• Handover target. Q1 2027, per the developer’s data sheet.
• Main contractor. Al Adrak Trading & Contracting Co LLC, appointed in May 2024.
• Tenure. Freehold, open to all nationalities, inside an Integrated Tourism Complex.
• Setting. Muscat Bay, Bandar Jissah, with a private beach within a walk of under 15 minutes.
• Amenities. Infinity pool, outdoor gym, running trail, barbecue area, kids’ area, Zen and yoga gardens, mini golf.

Zen Development Oman and Other Oman Developers

Zen Development Oman is one of several developers with projects on our lists in the Muscat area. The table sets out neutral facts about the developer of the host community and a few others whose profiles are in the same section. Each name links to its profile, and the developers hub lists them all.

For rental income on a specific home, see our rental yields guide, and for the general rules on where foreign buyers can hold title, the developers guide sets the context for every profile.

What to Prepare When Reserving With Zen Development Oman

These are the documents and details a buyer normally receives or confirms when reserving a home from Zen Development Oman. They describe a normal reservation process, not a special one.

1. Reservation form. It names the unit, the price and the deposit, and it sets out the terms that apply to the deposit.
2. Sale and purchase agreement. It states the seller’s legal name, the handover date, the specification and the payment dates.
3. Escrow account details. The bank, the account holder and the project escrow account into which instalments are paid, in line with Law 79/2025.
4. Title and ITC documents. A document that places the unit inside the Integrated Tourism Complex and confirms registration in the buyer’s name.
5. Payment schedule. The seven instalments with their dates and amounts for the chosen home, with the exchange rate stated if paying from abroad.
6. Service-charge schedule. The annual rate and its unit of measure, confirmed in writing.
7. Specification and finish schedule. The finishes, the kitchen specification and the parking allocation for the unit.
8. Short-let and community rules. If the home may be let, the community rules and any operator arrangement are set out.
9. Residency documentation. The route being used, checked against the OMR 200,000 single-property condition for the Golden Residency.
10. Identification. A passport and the buyer’s details for the agreement and the registration.

Frequently Asked Questions

Who is Zen Development Oman?

Zen Development Oman is the working name of Zen Development and Investment LLC, a real estate developer based in Muscat that builds residential and commercial property, according to its website. Its project on our lists is Zen Residences in Muscat Bay, launched on 6 March 2024 under the patronage of the Minister of Housing and Urban Planning.

What does Zen Development Oman build?

Zen Development Oman has launched Zen Residences, a scheme of five low-rise buildings with 80 homes on our listing, made up of studios, one-, two- and three-bedroom apartments and duplex lofts. The developer’s project page lists an infinity pool, an outdoor gym, a running trail, a barbecue area, a kids’ area and a Zen garden among the amenities.

How much do homes from Zen Development Oman cost?

On our listing, Zen Development Oman prices a two-bedroom apartment from $358,900 (about OMR 138,000) at 1,378 sq ft and a three-bedroom from $478,500 (about OMR 184,000) at 1,830 sq ft, or about $260 per sq ft for each. Studios, one-bedrooms and lofts are priced on enquiry. The sales team provides the current price list.

What is the Zen Development Oman payment plan?

Zen Development Oman uses seven instalments on fixed calendar dates, according to our listing: 2.5% at reservation, 17.5% at signing, 20% in December 2026 and 15% in each of March, June, September and December 2027. By March 2027 a buyer has paid 55%, and the remaining 45% falls between June and December 2027.

When does Zen Development Oman hand over Zen Residences?

Zen Development Oman gives a handover target of Q1 2027, per its data sheet, as recorded on our listing. The sale agreement states the contractual date that applies to a given unit.

Can foreigners buy freehold from Zen Development Oman?

Yes, according to the developer and our listing: Zen Development Oman sells Zen Residences freehold to all nationalities inside the Muscat Bay Integrated Tourism Complex, with title registered in the purchaser’s name. The reservation documents confirm the ITC status of the specific unit. See our guide to freehold property in Oman.

Does buying from Zen Development Oman give residency?

It depends on the route. The Golden Residency needs a single ITC property worth at least OMR 200,000 (about $520,160), and the Owner Visa has no minimum. Entry prices on our listing are about OMR 138,000 for the two-bedroom and about OMR 184,000 for the three-bedroom, and the price in the sale agreement for a given unit is the figure that applies to the OMR 200,000 condition.

Who built Zen Residences for Zen Development Oman?

Zen Development Oman appointed Al Adrak Trading & Contracting Co LLC as main contractor in May 2024, according to the developer’s announcement, and announced the start of construction on 27 August 2024. Al Adrak is an Omani engineering construction company.

What should I prepare when reserving with Zen Development Oman?

When reserving with Zen Development Oman, a buyer normally receives the reservation form, the sale and purchase agreement, the payment schedule, the escrow account details and the handover schedule, and confirms the seller’s legal name, the ITC status of the unit and the service charge rate.

Ask us about Zen Development Oman projects

Last checked: 10 October 2026. Sources: zendevelopment.om, Zen Residences project page, Zen Development news, Muscat Daily, March 2024, Times of Oman, March 2024, Muscat Daily, January 2026, LinkedIn, muscatbay.com, Royal Decree 79/2025, plus the sources linked in the text above.