Al Abrar Real Estate Oman: Developer Profile and Hay Al Wafa

For Sale

• Starting from $170,600
• Up to $288,187

For Sale

Hay Al Wafa, Sultan Haitham City — Freehold Apartments, Townhouses & Villas in Muscat

• Starting from $170,600
• Up to $288,187

Hay Al Wafa, Sultan Haitham City, Muscat, Oman

• 1700 Sq Ft
• Apartment, Townhouse, Villa

Details

2 months ago

2 months ago

Al Abrar Real Estate Oman: Who the Developer Is and What It Builds

Al Abrar Real Estate Oman is the Omani property company behind Hay Al Wafa, the neighbourhood within Sultan Haitham City in Al Seeb, Muscat, where apartments, townhouses and villas are sold freehold. According to the Al Siyabi International Group website, Al Abrar Real Estate LLC was established in 2008 by Sheikh Salim bin Ali bin Nasser Al Siyabi and operates as a fully owned subsidiary of the group. The company describes its work as property development and investment, sales and rental services, strategic consultancy and asset management, and its public projects include a shopping centre, a residential complex in Muscat, a residential project in Sohar and the Hay Al Wafa district.

This profile exists because buyers searching for Al Abrar Real Estate Oman usually arrive from one of two directions. Some have seen Hay Al Wafa on the Ministry of Housing and Urban Planning’s materials for Sultan Haitham City, where Al Abrar is named as the developer of the neighbourhood. Others have received a price list under the developer’s name and want to see the company background. Below we set out who owns the company, what it has built, what is on sale today, how the purchase process works under Omani law, and what to prepare before reserving. Prices come from our Hay Al Wafa listing; company facts come from the developer’s own websites and from Omani press reports, each linked in the text.

Everything on this page was checked against public sources on 10 October 2026. Where a statement comes from the developer we say “according to the developer”. For the wider map of who builds what in the country, see our guide to Oman property developers and the Oman developers hub.

Al Abrar Real Estate Oman at a Glance

Ownership, History and Backing

The ownership chain is short. Al Abrar Real Estate Oman belongs to Al Siyabi International Group, a Muscat group that states on its own site that it has been active since 1997 across engineering, real estate, healthcare, hospitality and information technology. The group’s real estate page lists Al Abrar Real Estate as its development subsidiary and describes it as expanding steadily since its foundation. The group’s chairman, Salim Bin Ali Nasser Al Siyabi, is the same person named as the founder of Al Abrar, and the Times of Oman reported his comments at the March 2024 sales launch of Hay Al Wafa, where he is described as chairman of the Al Abrar board.

Al Siyabi International Group

According to the group’s official website, Al Siyabi International Group is an Omani conglomerate whose sectors include engineering and construction, real estate development, healthcare, tourism and hospitality, IT and technical solutions, and community services. Business directory ProTenders lists related companies in the wider Al Siyabi family, among them Allied Business Corporation and Yonar International in construction, Amro Consultancy in architecture and engineering, Allied Real Estate in property management, Falcon for Tourism Investment, and Advance Branded Cars. The group’s real estate page names Allied Business Corporation as the core development partner of Muscat Oasis Residence, which gives a sense of how the construction and development arms work together on group projects.

Al Abrar’s own website, in the archived version captured in April 2025, gives a headline fact panel: more than 10 projects, 3 local communities and more than 3,000 homes delivered. Those are the developer’s own figures and we cite them as such. The same site describes the company as dedicated to comprehensive real estate services in Oman, from brokerage and property management to consultancy.

A timeline built from dated sources

The sequence shows a company that moved from commercial and residential projects in Muscat and Sohar into a government-partnered neighbourhood. The Oman Observer report of the March 2024 launch describes Al Abrar as acting in partnership with the Ministry of Housing and Urban Planning, with the ministry’s minister, Dr Khalfan bin Saeed Al Shuaili, present at the launch.

Al Abrar Real Estate Oman Projects We List

We list one project by Al Abrar Real Estate Oman, and it is the one on sale today.

Hay Al Wafa, Sultan Haitham City

Hay Al Wafa is a residential neighbourhood in Sultan Haitham City. According to the Al Siyabi group’s real estate page, the district comprises 2,200 residential units in 17 mixed-use buildings with two masjids. The Ministry of Housing and Urban Planning describes the neighbourhood on its project page as covering over one million square metres, in the form of standalone villas, attached villas, townhouses and apartments, with a mosque, a commercial area, green spaces and a public school complex, and freehold ownership available to Omanis and non-Omanis. Muscat Daily reported at the March 2024 launch that the neighbourhood will be built over five phases with an estimated investment of about OMR 280 million, a figure Times of Oman also gives.

The units on our listing sit on the three-storey product lines. Per the developer’s materials as shown on our listing page, the community includes apartments of one to three bedrooms, townhouses of three to four bedrooms and five-bedroom villas, with unit sizes from 588 to 5,493 sq ft across the range. The price list we publish covers three entry points, shown in the table below with the formula used for the price per square foot (price divided by internal area).

The figures are entry points: the price of a given home depends on floor, orientation, plot and release. Our listing states that 52 units are currently released. In OMR terms, the two-bedroom apartment and the three-to-four-bedroom townhouse each sit below OMR 200,000, and the five-bedroom villa sits above it; the next section of this page explains why that line matters for residency.

Payment plan

The plan on our listing is 20% on booking and 80% across 36 months, with the developer allowing the instalments to be paid monthly, semi-annually or annually. An expression of interest of OMR 500 to 1,000 holds a unit before booking. The table below translates the plan into dollar amounts for each entry-level home, assuming the 80% is spread evenly across 36 months; the semi-annual and annual options re-time the same total.

The plan above is the one attached to the released units on our listing, and the SPA records the schedule for each unit. Our Oman payment plans guide explains how to compare plans of different lengths.

Service charges

Al Abrar publishes a service charge range for the homes on our listing: OMR 300 to 500 per year, roughly $780 to $1,300 depending on unit type. For the entry-level apartment at $170,600, the lower figure is about 0.46% of the purchase price per year. Our service charges guide sets out how these charges are normally structured and what they cover, and the charge for a specific unit type is something to have written into the reservation paperwork.

Location and drive times

Hay Al Wafa is in Sultan Haitham City, in the wilayat of Al Seeb. Per the developer, it is about five minutes from the main Seeb highway and about 30 minutes from Muscat International Airport. The drive times below are the developer’s estimates and vary with traffic.

Inside the community

The developer’s website lists the facilities planned for the neighbourhood: a school complex, three kindergartens, a private hospital alongside a government health centre, a commercial centre, a cultural centre, two mosques and two majlis gathering spaces, children’s play areas, a bus station, a boulevard and plaza, and Wadi Park. The ministry’s own project page names the mosque, commercial area, green spaces, public school complex and a community plaza for social events and leisure. Oman Observer’s account of the March 2024 launch adds a health centre, a private hospital, community centres and a cultural centre, and a provision of 8 square metres of green space per person.

Our listing summarises the on-site list as a school and kindergarten, a private clinic, a shopping centre, a central park, a square, two mosques, children’s playgrounds and bus stops. Parking per the developer is two spaces per apartment, two to four per townhouse and four per villa.

Architecture and finishes

Per the developer’s specification as reproduced on our listing, every building is three storeys. Apartments are in three-storey blocks with panoramic windows and glass balconies; townhouses have ground, first and second floors with a private back garden; villas are five-bedroom homes on three floors with a private garden. Façades are in a light beige palette with pale stone tiling and gold-toned metal grilles. Homes are handed over finished, with light grey marble flooring, white walls with mouldings and recessed lighting, stone-effect tiling and white sanitary ware in the bathrooms, wood-effect internal doors, and fully fitted kitchens with units and built-in appliances. Furniture and window dressing are left to the buyer.

Projects summary

Al Abrar Real Estate Oman Portfolio and Track Record

The Al Siyabi group’s real estate page lists the projects of Al Abrar Real Estate Oman together with the developer’s own figures. They are presented here as the developer states them, with the source for each.

The developer’s own website, as archived in April 2025, summarises the portfolio as more than 10 projects, 3 local communities and more than 3,000 homes delivered. The company’s head office is inside Panorama Mall in South Al Ghubrah, which is also listed among the projects.

The Sultan Haitham City setting

Hay Al Wafa sits inside a wider government-led scheme. The Oman real estate law guide covers the legal side of off-plan buying; the planning side is as follows. Reports on the project describe Sultan Haitham City as covering about 14.8 million square metres across 19 neighbourhoods, built for around 100,000 residents between 2024 and 2045. In February 2026 Oman Observer quoted the housing minister on progress: about 20,000 homes planned, roughly 1,000 delivered annually, eight developers taking part, and buyers of more than 35 nationalities.

Several other developers sell in the same city, and we list some of their projects: Wadi Zaha, Sarooj Oasis Apartments, Sarooj Oasis Villas, Yenaier Residences and Al Ahlam District. Each has its own developer, price list and handover target, so a buyer comparing neighbourhoods inside the city will want the individual price sheets side by side. Our handover calendar collects stated target dates across Oman projects, and the price per square metre guide puts the rates in a national frame.

How Buying Works with Al Abrar Real Estate Oman

An off-plan purchase from Al Abrar Real Estate Oman follows the standard Omani sequence. The steps below describe the normal process; the exact documents and dates for your unit are those in your reservation paperwork.

1. Choose the home and release. Fix the format, bedroom count and phase, then request the live price list and unit availability from the developer.
2. Expression of interest. On our listing, OMR 500 to 1,000 holds a unit before booking. Ask the sales office to state the terms of the deposit in writing.
3. Reservation and down payment. The plan on our listing asks for 20% on booking against a signed reservation.
4. Sale and purchase agreement (SPA). The SPA records the unit number, area, specification schedule, payment schedule, handover date and the escrow arrangement.
5. Instalments. Monthly, semi-annual or annual payments across 36 months, paid into the project’s escrow account.
6. Snagging and handover. Before accepting a finished home, inspect it against the specification schedule, including the fitted kitchen and finishes, and list any items for the developer to complete.
7. Registration. Title is registered in the buyer’s name with the Ministry of Housing and Urban Planning.

The legal framework: Royal Decree 79/2025

Off-plan sales in Oman are governed by the Real Estate Regulation Law issued by Royal Decree 79/2025. The decree page shows it was issued on 10 September 2025 and repeals the earlier brokerage law, the apartments and floors ownership system and the earlier escrow account system. According to BSA law firm’s summary, the law entered into force on 10 March 2026 and requires developers to obtain a licence before starting a project, to open separate escrow accounts into which buyer payments are deposited with withdrawals tied to approved construction phases, to provide financial guarantees for completion within the stated timelines, to register contracts, and to form owners’ associations in jointly owned buildings. Brokers and marketing professionals must be licensed by the Ministry. Our guide to the law for off-plan buyers walks through what each provision means in practice for a buyer paying by instalments.

For a buyer, the practical consequence is that the escrow details are part of the contract. The reservation paperwork should name the escrow account, and payments go to that account, with transfer confirmations kept as evidence of payment. The law has been in force since March 2026, per BSA.

Paying from abroad

Prices on our listing are quoted in US dollars and settled in Omani rials. The rial has been pegged to the dollar at 2.6008 for decades, which is why a figure such as OMR 65,600 corresponds to $170,600. Buyers paying from sterling, euros, złoty or other currencies pay at the day’s conversion rate on each instalment, and a schedule of 36 payments means 36 conversions. Our rial peg guide explains the arrangement and the Central Bank of Oman publishes the official rate framework.

Financing

The tripartite agreement signed on 30 May 2024 between the Ministry, Al Abrar and Oman Housing Bank was reported by Oman Observer as providing financing facilities for eligible individuals wishing to buy residential units in Al Wafa District. Oman Observer’s report of the March 2024 launch also described financing support through Oman Housing Bank, with a loan ceiling of OMR 80,000 per loan, and bank financing from Bank Muscat and other participating banks. Eligibility for housing-programme financing is set by the bank and the programme. A buyer using any lender normally obtains pre-approval before booking.

Ownership Route and Residency for Al Abrar Real Estate Oman Buyers

The ministry’s project page for the neighbourhood states that freehold ownership is available to both Omanis and non-Omanis. Our listing states that homes are freehold, open to all nationalities, with title registered in the buyer’s name. The ministerial announcement in June 2023 described Sultan Haitham City as a city for all, with 5% of the residential units allocated to the housing assistance programme. Our freehold property guide explains how freehold zones work and what registration involves, and our guide to what foreigners can and cannot buy sets out the categories of property in Oman and where the different ownership rules apply.

Golden Residency and the Owner Visa

The two residency routes are separate. Golden Residency needs a single property in an Integrated Tourism Complex (ITC) worth at least OMR 200,000, and the decision is made by the Royal Oman Police. The Owner Visa has no minimum property value. Times of Oman’s summary of the ITC legal framework notes that Royal Decree 12/2006 and Ministerial Decision 191/2007 set the ownership rules for ITCs and that non-Omanis owning completed units in an ITC gain renewable residency for themselves and first-degree relatives. Our Golden Residency versus Owner Visa guide compares the two.

The price points for Hay Al Wafa homes against the OMR 200,000 line are as follows.

The price is one condition; the other is that the property is in an ITC for Golden Residency. The Royal Oman Police sets the requirements at the time of application, and residency is a separate application from the property purchase. Our residency guide is the starting point for the decision.

Key Facts About Al Abrar Real Estate Oman

• Al Abrar Real Estate LLC was established in 2008 and is a fully owned subsidiary of Al Siyabi International Group, per the group’s website.
• The group states that it has been active in Oman since 1997.
• The company’s head office is at Panorama Mall, South Al Ghubrah, Muscat.
• The developer’s website lists Hay Al Wafaa, Panorama Mall, Muscat Oasis Residences and Sohar Garden Residences as its projects.
• Sales of Hay Al Wafa in Sultan Haitham City were launched in March 2024.
• The group’s real estate page lists 2,200 residential units for Hay Al Wafaa; the Ministry of Housing and Urban Planning describes over one million square metres, planned over five phases at about OMR 280 million.
• Construction of the first phase began in September 2024, per Times of Oman.
• Entry prices on our listing are OMR 65,600 ($170,600) for apartments, OMR 101,200 ($263,200) for townhouses and OMR 242,000 ($629,400) for villas.
• The payment plan on our listing is 20% on booking and 80% over 36 months.
• The developer publishes a service charge of OMR 300 to 500 per year.
• Handover target for the released units is Q4 2027, per the developer.
• Homes are freehold and open to all nationalities, with title registered in the buyer’s name.

Al Abrar Real Estate Oman and Other Oman Developers

Buyers often look at several Oman developers side by side. The table below gives neutral reference facts for developers whose projects are in or near Al Seeb or whose profiles sit in our developers section, with links to each profile.

The full list of profiles is on the developers hub. Each developer has a different structure: Al Abrar Real Estate Oman is an Omani subsidiary building inside a government-led city, while the profiles above include listed and state-backed groups with projects in other parts of the Muscat area.

What to Prepare When Reserving with Al Abrar Real Estate

These are the documents and details a buyer normally collects when reserving an off-plan home in Oman. Having them ready makes the reservation quicker.

• Reservation form showing the unit number, floor or plot, orientation and exact area, not just the home type.
• Sale and purchase agreement with the handover date, specification schedule and payment schedule.
• Escrow account details for the project, so that every instalment goes to the named account.
• Title and ITC documents: the parcel’s designation and the title registration process for the buyer’s name.
• Payment schedule with the chosen rhythm (monthly, semi-annual or annual) and the dates and amounts of each instalment.
• Service-charge schedule for the unit type, within the published OMR 300 to 500 range.
• Specification list for the finish and the fitted kitchen, including which appliances are included.
• Parking allocation for the unit in writing.
• Buyer’s identification (passport, and residence documents if applicable) and proof of the source of funds for the bank transfers.
• Assignment and resale terms from the developer, for buyers who may sell before handover; our guide to selling property in Oman covers the process, and the rental yields guide covers letting after handover.

Frequently Asked Questions

Who is Al Abrar Real Estate in Oman?

Al Abrar Real Estate Oman is an Omani developer established in 2008 as a fully owned subsidiary of Al Siyabi International Group, according to the group’s website. It is headquartered at Panorama Mall in South Al Ghubrah, Muscat, and is the named developer of Hay Al Wafa in Sultan Haitham City.

What does Al Abrar Real Estate Oman sell in Sultan Haitham City?

Al Abrar Real Estate Oman sells apartments, townhouses and villas at Hay Al Wafa. On our listing, apartments start from OMR 65,600 ($170,600), townhouses from OMR 101,200 ($263,200) and villas from OMR 242,000 ($629,400), with the sizes shown in the project table.

Can foreigners buy from Al Abrar Real Estate Oman?

Al Abrar Real Estate Oman sells Hay Al Wafa homes freehold and open to all nationalities, with title registered in the buyer’s name. The Ministry of Housing and Urban Planning’s project page also describes freehold ownership available to Omanis and non-Omanis.

What is the payment plan at Hay Al Wafa?

The payment plan from Al Abrar Real Estate Oman on our listing is 20% on booking and 80% across 36 months, payable monthly, semi-annually or annually. An expression of interest of OMR 500 to 1,000 holds a unit before booking. The SPA records the payment schedule for your unit.

When is the handover for Al Abrar Real Estate Oman homes?

The handover target for the released Hay Al Wafa units listed with Al Abrar Real Estate Oman is Q4 2027, according to the developer. The homes are handed over finished, with fitted kitchens, and the SPA records the date for your unit.

What are the service charges at Hay Al Wafa?

Al Abrar Real Estate Oman publishes an annual service charge of OMR 300 to 500, roughly $780 to $1,300 depending on unit type. For the entry-level apartment, the lower figure is about 0.46% of the purchase price per year. Ask for the figure for your unit type in writing.

What residency options apply to Hay Al Wafa buyers?

For buyers of Al Abrar Real Estate Oman homes, residency is a separate application decided by the Royal Oman Police. Golden Residency needs a single ITC property worth at least OMR 200,000 and is decided by the Royal Oman Police, while the Owner Visa has no minimum. Of the three entry prices, the villa is at or above OMR 200,000 and the apartment and townhouse are below it.

Which other projects has Al Abrar Real Estate Oman built?

Al Abrar Real Estate Oman is listed on the group website with Panorama Mall in Muscat, Muscat Oasis Residence (330 residential units), Sohar Garden Residences (178 residential units) and Barka Marina, alongside Hay Al Wafaa. The developer’s website summarises its record as more than 10 projects and more than 3,000 homes delivered.

How is an off-plan purchase protected under Omani law?

Al Abrar Real Estate Oman, like every Omani developer, sells under the Real Estate Regulation Law (Royal Decree 79/2025), which in BSA’s summary requires a licence, separate escrow accounts with withdrawals tied to approved construction phases, and registration of contracts. The reservation paperwork should name the escrow account.

Ask us about Al Abrar Real Estate projects

Last checked: 10 October 2026. Sources: Al Siyabi real estate page; Al Abrar Real Estate website (archived April 2025); Ministry of Housing and Urban Planning, Hai Al Wafa; Times of Oman, launch; Muscat Daily, sales launch; Oman Observer, district launch; Oman Observer, city update; Royal Decree 79/2025; Times of Oman, ITC framework; ProTenders, Al Siyabi International Group; and the Gulf Construction report on Sultan Haitham City.