Sohar Real Estate Development Oman: Profile, Projects, Portfolio

For Sale

• Starting from $95,000

For Sale

Plumeria, Sohar — Freehold Apartments in Oman

• Starting from $95,000

Majd, Sohar, Oman

• Apartment, Cheap Houses

Details

2 months ago

2 months ago

Sohar Real Estate Development Oman: Who the Developer Is and What It Builds

Sohar Real Estate Development Oman is the profile of an Omani property developer that trades under the brand Majd and is based in the Batinah region, with offices in Sohar and Muscat. The company states on its website that it was founded in 2019, building on more than twenty years of experience on the part of its founders. Its portfolio, as listed on majdoman.com, spans residential neighbourhoods, apartment buildings and retail destinations in three governorates: North Al Batinah (Sohar), Dhofar (Salalah) and Muscat (Seeb). That breadth, together with the fact that one of its apartment buildings is offered on freehold title, is why Sohar Real Estate Development Oman has its own page in our developers section.

Our listing for this developer is Plumeria, Sohar, a pair of apartment buildings inside the Hai Majd neighbourhood. In the developer’s own materials the company appears as “Sohar Real Estate Development | Majd”, and “Majd” is the brand that appears on the neighbourhood (Hai Majd, meaning Majd Neighbourhood), on the retail frontage (Wajhat Majd) and on the corporate website.

This profile collects what the developer and public sources say about Sohar Real Estate Development Oman: who runs it, what it has announced and completed, how Plumeria is priced and paid for, and how a purchase works in practice. Prices for Plumeria come from our listing page and are shown in rials at the fixed peg of 2.6008 US dollars to the rial. Everything about the wider portfolio comes from the developer’s own website, from Oman Observer and Times of Oman reporting, from the Ministry of Housing and Urban Planning and from the Real Estate Souq property platform, and each is linked where it is used. For the wider picture of who builds what, see our guide to Oman property developers and the developers hub.

Sohar Real Estate Development Oman at a Glance

The table shows what the developer says about itself alongside what we list. Sohar Real Estate Development Oman is both a master developer of a government-linked neighbourhood and the builder of individual apartment buildings and retail centres, so the sections below treat those roles one at a time.

Ownership, History and Leadership

The About page of the developer’s website says that Sohar Real Estate Development has operated since 2019 and describes its approach as combining vision and execution, with over twenty years of experience brought by its founders. Its stated vision on that page is to provide real estate products and integrated solutions that develop the real estate sector in the region, and its stated values are transparency, integrity, collaboration, responsibility and sustainability. The homepage adds a mission of developing integrated urban destinations aligned with Oman Vision 2040.

The CEO message is signed by Mahmoud Al-Mundhiri. In it he writes that the company places people at the centre of its project designs. In April 2019 Oman Observer quoted the company’s chief executive at the launch of the company’s Bazaar project in Sohar, where he spoke about the growth of the retail sector. In December 2024 he spoke again, this time at the announcement of Hai Majd, saying that modern city development has moved from constructing buildings to creating spaces centred on people and their needs. Real Estate Souq, a Muscat property platform, published that statement.

The company keeps two offices. According to the contact details on its website, one is on Al Bahja Street in Sohar and the other is on 2380 Road in Muscat. Its public channels include a LinkedIn company page and an Instagram account linked from the website footer.

A timeline built from dated sources

In sequence, the record shows a retail project launched in 2019, a residential neighbourhood announced in 2024 under a government programme, and a set of residential and mixed-use buildings in Sohar, Salalah and Seeb that the developer lists as under construction in 2026.

Projects We List: Plumeria in Hai Majd, Sohar

We list one project by Sohar Real Estate Development Oman. The sub-sections below give its location, what the developer says about it, the price and payment terms on our page and the facilities described in the developer’s brochure material.

Plumeria, Sohar: apartments in Hai Majd

Our Plumeria listing describes a freehold apartment development in the Majd district of Sohar, on the Batinah coast, about 260 kilometres by road from Muscat and about 200 kilometres from Dubai. It offers one-, two- and three-bedroom apartments in two residential buildings, with swimming pools and balconies that look onto the neighbourhood boulevard. The developer’s website describes Plumeria as the apartment component of Hai Majd and gives the unit count as more than 150 residential and commercial units, with an under-construction status. Entry prices on our page start at about $95,000, which is OMR 36,527 at the peg.

The developer’s project page says that the buildings have balconies facing either the boulevard or the surrounding community, and that some residences have private swimming pools. It also places the project at the entrance of the neighbourhood boulevard, a 1 kilometre promenade. A broker listing from Vista Real Estate describes the same two buildings and states a 152.2 m² three-bedroom plan with completion in Q2 2028; the completion date for each unit is written into its sale and purchase agreement.

What the developer lists for Plumeria and its neighbourhood

The developer’s Plumeria page lists concierge services, round-the-clock security, private underground parking, indoor and outdoor lifts, a hotel-style lobby, a suspended glass bridge, gardens and landscaped parks, walking trails, cycling tracks, a central mosque, fitness clubs, a padel court, a multipurpose court, a 1 kilometre boulevard, children’s play areas, smart-home systems, fully equipped European kitchens, an event plaza and an open-air theatre. It adds that the neighbourhood includes a school, a public library and a multipurpose hall, and that retail outlets serve daily needs. Real Estate Souq lists ground-floor retail units in Plumeria as separate shop listings.

The sale and purchase agreement and its specification schedule set out which of these facilities belong to the Plumeria buildings and which belong to the wider Hai Majd neighbourhood, and the service-charge schedule says which of them owners fund through the owners’ association.

Plumeria pricing and payment plan

The page we publish gives the payment plan as a 25% down payment with instalments over up to seven years, so the remaining 75% is spread across the instalment window. Applied to the entry price, that means a down payment of about $23,750 (OMR 9,132) and a balance of $71,250 (OMR 27,395). The illustration in the buying section below shows what equal instalments over three, five and seven years would be.

On Real Estate Souq the developer’s Plumeria page also carries retail units, from 43 m² upward, which are a separate product from the apartments. The apartment price list, the retail price list and the payment schedule for each are issued by the developer’s sales team.

Plumeria summary table

The formula for price per square foot is the USD price on our listing divided by the stated size in square feet, and one square metre is 10.764 square feet; the rate for a given unit follows once the layout and its price are chosen. For how rates compare across the country, see our guide to price per square metre in Oman.

Portfolio and Track Record of Sohar Real Estate Development Oman

The developer’s website lists Plumeria, Hai Majd, Wajhat Majd, Bazaar Sohar, Bazaar Salalah, Riviera Salalah and Alvia, together with a further neighbourhood named Hai Izz, which is labelled under construction. The projects below are described as the developer presents them, with dates and figures from published sources added where they exist. Plumeria is the project we list, and the other entries are included so that a buyer can see the full range of work by Sohar Real Estate Development Oman.

Bazaar Sohar: the retail destination

Bazaar Sohar is a retail project dated 2019 in the record. Oman Observer reported on 30 April 2019 that Sohar Real Estate Development Company had launched it as a RO 13 million project of more than 300 shops, and that the inauguration was held under the auspices of the Minister of Commerce and Industry, Dr Ali bin Masoud al Sunaidy. The shop categories named in the report include handicrafts, copper utensils, silver, spices, Arabic coffee, fabrics, traditional costumes, cafés, restaurants and family entertainment.

The developer’s Bazaar Sohar page files the project under “Completed” and describes more than 18,000 m² with more than 300 retail units, a 1,081 m² hypermarket, a pharmacy and a bank. It lists specialised markets for gold and jewellery, men’s essentials, Omani kumma caps, frankincense and incense, dates and spices, women’s products, electronics and children, and names a hanging garden, a family park, 400 or more parking spaces and a mosque inspired by the historic Mazin bin Ghadouba Mosque.

Hai Majd: the neighbourhood

Hai Majd is the setting for Plumeria and the residential neighbourhood in the portfolio, with a stated unit count above 1,000. The Ministry of Housing and Urban Planning lists the Majd Neighbourhood on its Surooh project pages: it sits in the Wilayat of Suhar, Muweilah area, in North Al Batinah, with over 1,000 housing units, more than 100,000 m² of green space, a commercial district, a central mosque, children’s play areas, multipurpose sports fields, a cycling path, an open-air gym, public and private swimming pools and walking paths. The home types listed are standalone villas of five to six bedrooms, attached villas of four bedrooms, townhouses of four bedrooms and apartments in various sizes.

The launch was announced on 11 December 2024 at the Real Estate Conference. Real Estate Souq’s account says the project will have more than 1,000 residential units and is the result of collaboration between the Supreme Council for Planning and the Ministry of Housing and Urban Planning under a public-private partnership for integrated residential neighbourhoods. A May 2025 report in Times of Oman gives the neighbourhood as 1,057 units on 370,000 square metres with an investment of RO 50 million and reports 77% of the units sold.

The developer’s page explains the programme in its own words. The Surooh Initiative, it says, is a national initiative to develop fully integrated residential communities in support of Oman’s housing policies, while providing suitable housing alternatives for citizens eligible for residential land grants. Oman Observer’s October 2023 report describes the same programme as one for integrated residential neighbourhoods developed by the Ministry of Housing and Urban Planning to give eligible citizens a range of housing options.

Wajhat Majd: the commercial and residential frontage

The Wajhat Majd page describes a commercial and residential destination within Hai Majd, with more than 2,000 units, and says the community is expected to draw about 300,000 visitors a year to its shops, restaurants and cafés. It is listed as under construction.

Bazaar Salalah: the retail destination in Dhofar

Bazaar Salalah follows the Sohar format in Dhofar. The developer’s page lists more than 400 units over more than 34,000 m², eight specialised markets, around 64 restaurants and cafés, a 1,700 m² hypermarket, 400 or more parking spaces and an event plaza, and marks the project as under construction. Real Estate Souq adds a 1,300 m² mosque in Najdi style and an underground car park, and shows units for sale across a price range from OMR 15,298 to OMR 361,000.

Riviera Salalah: apartments in Al Mu’taza

The developer’s Riviera Salalah page describes a residential and commercial complex of more than 147 units in the Al Mu’taza area of Salalah, designed for a resort-style lifestyle and for rental use with professional operational management. Facilities named include hotel-style services, swimming pools, hanging gardens, rooftop lounges, an open-air fitness club, walking trails, children’s play areas, retail outlets, cafés and parking. It is listed as under construction.

Alvia: apartments on the Seeb coast

Alvia is the company’s Muscat project. The developer’s page places it in Al Hail North on the Gulf coastline, with more than 200 residential and commercial units, a 16-metre cantilever described as inspired by French architecture and an infinity pool. Real Estate Souq lists apartments from 68 m² to 178 m² and shops of 41 m² to 50 m² and gives the distances to Muscat airport as about 15 km and to Al Mouj Muscat as about 7 km. It is listed as under construction.

Portfolio table

The company’s homepage summarises the portfolio as more than 2,000 units and more than 1 million m². The table lists the projects behind those figures. Bazaar Sohar is the project the developer marks as completed; the other six entries are listed as under construction, and the handover date for each is set in the contract signed with the buyer. The handover calendar collects stated handover dates across Oman.

Sohar as a Location

Sohar is the capital of North Al Batinah Governorate on the Gulf of Oman coast. Wikipedia records an estimate of 221,605 for 2016, describes the Port of Sohar as established in 2002 and lists the Sohar Aluminium Company, set up in 2004, among the industrial employers. It also lists four higher-education institutions in the city, including Sohar University and Oman Medical College, and a regional airport. Real Estate Souq’s Plumeria page describes the governorate as having a population above 915,000 and a free zone and port that attract annual investment above OMR 1.5 billion.

Distances matter to buyers who commute or visit. Our listing gives the road distance from Sohar to Muscat as roughly 260 kilometres and to Dubai as roughly 200 kilometres, a drive of about two and a half to three hours. The Majd district, it says, has schools, markets, health centres and green spaces. For a Plumeria buyer the location offers employment, schooling and daily services in a working port city. The workforce around the port and free zone is the tenant pool our listing refers to when it discusses rental demand, and the rental yields guide shows how published yields differ by area.

How Buying Works with Sohar Real Estate Development

Plumeria is an off-plan sale, which means the buyer commits to an apartment before it is finished and pays in stages. The steps below follow the sequence described on our listing, with the legal framework added.

1. Choose a unit and confirm the price list. The developer’s sales team issues the current availability, the unit plan and the price for each layout. The prices on our page are entry prices.
2. Sign a reservation agreement and pay the down payment. According to our listing, a reservation agreement and the 25% down payment secure the chosen unit and price.
3. Sign the sale and purchase agreement. The agreement sets out the instalment schedule, the specification, the handover date, the service-charge basis and the terms for assignment or cancellation.
4. Pay instalments through the project account. Instalments follow the schedule in the agreement, for up to seven years under the plan on our listing.
5. Attend the snagging inspection. After completion, our listing says buyers are invited to a snagging inspection where finishing items are logged and corrected before final acceptance.
6. Register the title. Title registration is made with the Ministry of Housing and Urban Planning, according to our listing, and residency applications begin after registration.

What the payment plan looks like in numbers

The developer’s sales team sets the instalment dates for each contract. To make the plan on our page concrete, the table below applies a 25% down payment to the $95,000 entry price and divides the remaining $71,250 into equal monthly amounts over three, five and seven years. It is our arithmetic on equal monthly amounts; any interest or fees would be stated in the agreement.

Our guide to payment plans in Oman explains how developers structure staged and long-tail plans, and our note on the Omani rial peg explains why a dollar-based buyer sees the same figures in rials throughout a multi-year plan. Plumeria is priced in US dollars, with rial prices available on request, according to our listing.

Escrow and the off-plan law

Royal Decree 79/2025, issued on 10 September 2025, promulgated the new law regulating real estate and repealed, among other instruments, the escrow account system for development projects that Royal Decree 30/2018 had created. The decree text says it takes effect 180 days after publication in Official Gazette issue 1613 of 14 September 2025, which is mid-March 2026, so it is now in force. According to our listing, buyer instalments for a project under construction are held in a project escrow account and released against verified construction milestones. The sale agreement names the bank and the account, and our explainer on Law 79/2025 for off-plan buyers sets out the duties it places on developers and the rights it gives buyers.

Service charges and owners’ association

Our listing says that Plumeria will operate under an owners’ association responsible for maintaining shared infrastructure such as the boulevard, pools and common areas, funded through an annual service charge set out in the sale agreement. The charge is stated in the contract documents. Our guide to service charges in Omani real estate describes what they normally cover.

Taxes, financing and letting

Our listing states that Oman levies no annual property tax and no capital gains tax on freehold residential real estate, and that the one-time transfer fee for foreign buyers is 3% of the purchase price. It says buyers can choose between the developer’s instalment plan and a mortgage from a bank in Oman that lends to non-resident freehold buyers. Owners who intend to let an apartment usually engage a local management company for furnishing and tenant sourcing. If an owner wants to sell later, the steps are in our guide to selling property in Oman.

Ownership Route and Residency for Sohar Real Estate Development Oman Buyers

Our listing says Plumeria is sold on 100% freehold title to buyers of any nationality. Foreign freehold ownership in Oman is otherwise tied to designated zones, and the title and the zone status of a unit are confirmed in the reservation documents. Our guides to freehold property in Oman and to what foreigners cannot buy explain how the zones work. The wider Hai Majd neighbourhood belongs to the Surooh programme, which the developer describes as providing housing for citizens eligible for residential land grants, so eligibility for programme homes in Hai Majd is set by the programme rules, separate from the freehold apartment offer at Plumeria.

On residency, this site uses two rules. The Golden Residency needs a single Integrated Tourism Complex property worth at least OMR 200,000 and is decided by the Royal Oman Police, with the real estate route described by Middle East Briefing. The Owner Visa has no minimum purchase value. Our comparison of Golden Residency and the Owner Visa sets out the difference. The threshold of OMR 200,000 is about $520,160 at the peg. Plumeria is priced below it, so the Owner Visa is the route that applies.

The Owner Visa is the residency route that applies to prices in this range. The condition for the Golden Residency is a single Integrated Tourism Complex property of at least OMR 200,000.

Key Facts About Sohar Real Estate Development Oman

• Brand and company. Sohar Real Estate Development trades as Majd; Hai Majd and Wajhat Majd carry the brand name.
• Founded. 2019, according to the About page of its website.
• Offices. Sohar and Muscat, with a postal address in P.O. Box 464, Postal Code 118.
• Leadership. Mahmoud Al-Mundhiri is chief executive, according to the developer’s website.
• Retail record. Bazaar Sohar, launched in April 2019 as a RO 13 million project, is shown as completed on the developer’s website.
• Government programme. Hai Majd is a Surooh neighbourhood listed by the Ministry of Housing and Urban Planning, with 1,057 units and 77% sold at May 2025, according to Times of Oman.
• Plumeria. Two apartment buildings with one-, two- and three-bedroom plans, from about $95,000 (OMR 36,527), with 25% down and up to seven years of instalments, according to our listing.
• Tenure. Freehold, open to any nationality, according to our listing.
• Locations. Sohar, Salalah and Seeb (Muscat).
• Languages. The developer’s website is in Arabic and English.

Sohar Real Estate Development Oman and Other Oman Developers

Buyers compare regions as well as companies. The table below sets this developer next to other developers on our site by location and by what they build. It is a descriptive table.

Alvia is on the Seeb coast, in the same part of Muscat as Al Mouj, and Riviera Salalah and Bazaar Salalah are in the governorate where Muriya builds Hawana Salalah. Plumeria sits in the port city of Sohar, while Alvia sits on the Seeb coast. The developers hub lists every profile.

What to Prepare When Reserving with Sohar Real Estate Development

These are the documents and details a buyer normally receives or confirms when reserving an off-plan apartment: the reservation form, the sale and purchase agreement, the payment schedule, the escrow account details and the handover schedule.

1. Reservation form. It names the unit, the price in the currency of the contract, the down payment and the date by which the sale agreement is signed.
2. Sale and purchase agreement with the handover date. The agreement states the completion date for the specific unit, the specification and the cancellation and assignment terms.
3. Escrow account details. The bank name, the account holder and the project account into which every instalment is paid, as described under Royal Decree 79/2025.
4. Title and ownership documents. The plot reference, the freehold confirmation and the way the title will be registered in the buyer’s name with the Ministry of Housing and Urban Planning.
5. Payment schedule. The date and amount of each instalment across the plan, whether three, five or seven years.
6. Service-charge schedule. The annual charge, its basis of calculation and the facilities it covers, in line with the owners’ association rules.
7. Seller details. The legal name of the selling company and its commercial registration number, as shown on the reservation and sale documents.
8. Unit plan and specification list. The floor plan, area, finishes and fittings for the chosen layout.
9. Residency documentation. If a visa application is planned, the route being used and the documents it requires, checked against the current rules.
10. Snagging arrangements. The date of the inspection and who attends on the owner’s behalf if the owner lives abroad.

Frequently Asked Questions

Who is the developer behind Plumeria in Sohar?

Sohar Real Estate Development Oman is the company behind Plumeria; it trades under the brand Majd. The company gives 2019 as its founding year, and Plumeria is one of the buildings inside its Hai Majd neighbourhood in Sohar.

Where is Plumeria and what does it include?

Sohar Real Estate Development Oman places Plumeria in the Majd district of Sohar, on the Batinah coast. The project has two buildings with one-, two- and three-bedroom apartments, according to our listing, and the developer lists a 1 kilometre boulevard, parks, a mosque, fitness facilities, an event plaza and an open-air theatre within the neighbourhood.

How much does a Plumeria apartment cost?

On our listing, Sohar Real Estate Development Oman offers Plumeria apartments from about $95,000, which is OMR 36,527 at the peg. Ask the sales team for the current price list for the layout you want.

What is the Plumeria payment plan?

Sohar Real Estate Development Oman sells Plumeria with a 25% down payment and instalments over up to seven years, according to our listing. On the $95,000 entry price, the down payment is about $23,750 (OMR 9,132) and seven equal years of instalments on the balance come to about $848 a month (OMR 326).

Can foreigners buy at Plumeria?

Our listing states that Sohar Real Estate Development Oman sells Plumeria on 100% freehold title to buyers of any nationality. The reservation documents confirm the ownership route for the specific unit and the way the title is registered. See our guide to freehold property in Oman.

Which residency route applies to Plumeria buyers?

Sohar Real Estate Development Oman buyers have two routes to consider. The Golden Residency needs a single Integrated Tourism Complex property worth at least OMR 200,000 (about $520,160) and is decided by the Royal Oman Police, while the Owner Visa has no minimum purchase value. Plumeria prices on our listing are below OMR 200,000, so the Owner Visa is the route that applies.

What else has the developer built or announced?

Sohar Real Estate Development Oman lists Bazaar Sohar (shown as completed), Hai Majd, Wajhat Majd, Bazaar Salalah, Riviera Salalah and Alvia on its website. Hai Majd is a Surooh neighbourhood of 1,057 units that Times of Oman reported as 77% sold in May 2025, and Alvia is an apartment project in Seeb, Muscat.

What should I prepare when reserving at Plumeria?

When reserving, a buyer from Sohar Real Estate Development Oman normally receives the reservation form, the sale and purchase agreement with the handover date, the payment schedule, the escrow account details and the service-charge schedule, together with the seller’s legal name and the freehold title documents for the unit.

Ask us about Sohar Real Estate Development projects

Last checked: 10 October 2026. Sources: majdoman.com, majdoman.com, About, majdoman.com, Plumeria, majdoman.com, Hai Majd, Oman Observer on Bazaar Sohar, Times of Oman on Surooh, Ministry of Housing and Urban Planning, Real Estate Souq, Plumeria, Real Estate Souq, Bazaar Sohar, Vista Real Estate listing, Wikipedia on Sohar, plus the sources linked in the text above.