Real Estate Developers in Oman: Profiles, Track Records and Projects

Developers shown: 10

• Oman-wide

  Muriya Tourism Development

  Muscat, OmanEst. 2006

  Master developer of Jebel Sifah and Hawana Salalah, owned by Orascom Development and OMRAN.

  Delivered in Oman

  Projects listed: 8View profile
• Muscat

  Dar Global

  Riyadh, Saudi ArabiaEst. 2017

  London-listed luxury developer building AIDA at Yiti in a joint venture with OMRAN.

  Off-plan projects

  Projects listed: 7View profile
• Muscat

  OMRAN Group

  Muscat, OmanEst. 2005

  State tourism developer; partner or shareholder in four Muscat communities.

  Partly delivered

  Projects listed: 4View profile
• Muscat

  Muscat Bay (Saraya Bandar Jissah)

  Muscat, OmanEst. 2007

  State-backed community developer with finished homes at Bandar Jissah and Luma Residence under construction.

  Delivered in Oman

  Projects listed: 2View profile
• Muscat

  Eagle Hills Muscat

  Abu Dhabi, UAEEst. 2014

  Abu Dhabi developer behind Oman's Mandarin Oriental branded beachfront residences in Muscat.

  Delivered in Oman

  Projects listed: 1View profile
• Muscat

  Al Mouj Muscat

  Muscat, OmanEst. 2006

  Master developer of Oman's first Integrated Tourism Complex, with 3,300+ homes handed over.

  Delivered in Oman

  Projects listed: 5View profile
• Muscat

  Diamond Developers

  Dubai, UAE

  Sustainable-city developer behind The Sustainable City – Yiti, with completed communities in Dubai and Sharjah.

  Off-plan projects

  Projects listed: 2View profile
• Muscat

  Talaat Moustafa Group

  Cairo, EgyptEst. 1970

  Egyptian listed developer of Madinaty, selling Yamal and Jood in Al Seeb, Muscat.

  Off-plan projects

  Projects listed: 2View profile
• Muscat

  Alargan Towell

  Muscat, OmanEst. 2003

  Kuwaiti-Omani joint venture behind Telal Al Qurm in central Muscat, selling freehold ITC apartments.

  Partly delivered

  Projects listed: 1View profile
• Dhofar

  Mira Developments

  Dubai, UAEEst. 2023

  Brand-licensed furnished homes; one Oman project at Hawana Salalah, handover stated Q4 2028.

  Off-plan projects

  Projects listed: 1View profile

A directory of real estate developers in Oman: what it is and how to use it

This page is the overview layer of our directory of real estate developers in Oman. Above it sit ten developer cards, and each card opens a long, sourced profile of one company: Muriya, Dar Global, OMRAN Group, Muscat Bay, Eagle Hills Muscat, Al Mouj Muscat, Diamond Developers, Talaat Moustafa Group, Alargan Towell and Mira Developments. A profile sets out who owns the company, what it has completed, what it is building, which projects we list and what the homes on our listing pages cost. The text you are reading does a different job. It compares the ten side by side and explains the words buyers meet (master developer, sub-developer, brand licensor, “OMRAN-backed”).

The scope is deliberate. The ten profiles are linked to 29 distinct listing pages on our site. They are not a ranking of all real estate developers in Oman. They are the ten we have researched to the same standard so far, and several of them are partners, shareholders or neighbours of one another, which is why the comparison below is useful. For the long map of 24 developers, including companies we have not profiled yet, read our guide to Oman property developers. This hub does not repeat that guide. It adds the directory, the comparison and a description of how we prepare the profiles.

Prices come from our own listing pages and are converted at the fixed rial peg of 2.6008 to the dollar. Everything about a company comes from the sources named in its profile, and every profile ends with the date it was last checked. The check date for all ten is 9 October 2026.

A sensible way to use the directory:

1. Start with the comparison table below to see who owns each developer, where it builds and what stage its Oman projects are at.
2. Read the projects-by-stage section to see which homes are completed and which are off-plan with a stated handover target.
3. Note which company signs the sale contract. For several projects it is a project company or a partner, as the master developers section explains.
4. Open the profile of any developer that interests you, and read the section on what to prepare when reserving before you pay a deposit.
5. Cross-check any date against our handover calendar and any payment schedule against our payment plans guide.

The map of real estate developers in Oman at a glance

Three points stand out before any detail. First, the ten real estate developers in Oman are at different stages: Muriya, Muscat Bay, Al Mouj Muscat and, on the evidence of the sales channel, Eagle Hills Muscat have completed homes, while the other projects are off-plan with stated handover targets. Second, the company on the brochure is often not the company on the contract, a point the master-developer section takes further. Third, the state developer OMRAN appears as shareholder or partner in five of the ten rows (Muriya, Dar Global, Muscat Bay, Al Mouj Muscat and Diamond Developers) and has a profile of its own because the words “OMRAN-backed” describe a different role in each one.

Projects by stage: completed and off-plan homes from real estate developers in Oman

Homes in Oman fall into three kinds of purchase. A completed home can be visited, measured and compared with its neighbours. An off-plan home is a contract for a building under construction, with payments handled through the project escrow account described below. A resale is a completed home sold by an owner, which is what many “last units” on a nearly sold-out scheme turn out to be. The table sets out the completed work and current stage reported for each of the ten real estate developers in Oman.

Muriya, Muscat Bay and Al Mouj Muscat have communities that can be visited, and Eagle Hills Muscat has a completed hotel and residences described as finished by the sales channel. Dar Global, Diamond Developers, Talaat Moustafa Group and Mira offer off-plan homes in Oman, with handover targets stated by each developer, and the profiles of Dar Global, Diamond Developers and Talaat Moustafa Group describe completed work in other countries. An off-plan purchase rests on the contract, the project escrow account and the stated handover date. The Eagle Hills Muscat profile notes that our handover calendar counts five finished freehold-for-foreigners projects in Oman at this date.

A note on resales. Where a scheme’s pages say stock is nearly sold out, a purchase today may be a resale. The Muriya profile counts three to five units on the broker sheet for some schemes, and the Muscat Bay profile counts 15 completed homes left across seven neighbourhoods. A resale of a finished home can be inspected before purchase and is transacted with the owner rather than under the developer’s contract. Our guide to selling property in Oman explains the transfer steps from the seller’s side.

State-backed, regional and international real estate developers in Oman, and what OMRAN’s stake means

The ten developers come from several directions. Some are state vehicles or have state shareholders: OMRAN itself, and Al Mouj Muscat, where OMRAN holds 40% and Tanmia, described as state-owned, 10%. Others are regional: Dar Global’s parent is Saudi, Majid Al Futtaim is Emirati, Eagle Hills is based in Abu Dhabi, Alargan International is Kuwaiti and the Saudi group Al Muhaidib sits behind part of the Talaat Moustafa Group land bank. Talaat Moustafa Group is Egyptian. Diamond Developers and Mira are Dubai companies. Muriya’s private shareholder is a Swiss-registered holding company. For anyone comparing real estate developers in Oman, each profile identifies the entity that owns the land and signs the sale contract.

OMRAN is the clearest case where the name on the brochure and the contracting company are different. The OMRAN profile defines the state developer, described as an Oman Investment Authority subsidiary since the January 2021 asset transfer, as a company set up in 2005 that rarely sells apartments itself. It assembles a site, brings in an investor or an operator, takes a stake or a fee, and lets the partner build and sell. In the four projects we list in which it features, it is a partner or shareholder and never the only developer. The table below follows the OMRAN profile.

From this the profile draws three categories, and they are the most useful vocabulary in this directory. OMRAN can be a shareholder in the seller (Muriya, Al Mouj Muscat), where the company that signs your contract is an ordinary commercial developer with a state minority holder. It can be a joint-venture partner (Muscat Bay, The Sustainable City – Yiti), where the joint-venture company is the seller and the private partner leads on design and delivery. Or it can be a master-plan partner (AIDA), where a separate listed developer controls construction and sales. The Ministry of Heritage and Tourism signed the Yiti-Yenkit development agreement of 11 square kilometres with OMRAN, according to the Oman Observer.

The state link has a specific meaning. A state shareholder or partner reflects how land and tourism permissions were arranged, and the contract you sign is with the project company named in each profile. The Muriya profile describes the 30% OMRAN stake as a commercial shareholding with a board seat. Buyer protection comes from the licence and the project escrow account that Royal Decree 79/2025 requires, which our guide to the law for off-plan buyers explains, and from the sale and purchase agreement itself.

Several parents publish group results. Dar Global is listed in London and, for the year to 31 December 2025, reported a net profit of $100.8 million. Talaat Moustafa Group reported net cash of EGP 62.1 billion at the end of 2025. Muriya’s owner publishes group-wide results, and Eagle Hills and Mira are privately held. These figures describe the parent groups, while the seller named on your contract is the project company that each profile identifies. The OMRAN Group profile and the Dar Global profile work through the detail for the two most-quoted examples.

Master developers, sub-developers and brand licensors among real estate developers in Oman

Three roles are often blurred on a listing page, and the profiles use them in a fixed way. A developer builds the building, signs the sale and purchase agreement and is responsible for handover. A master developer provides the land context, the infrastructure and the community rules, and may or may not build anything itself. A sub-developer is a company that a master developer appoints, or lets in, to build one scheme on a plot inside the community. A brand licensor lends a name, a design signature or a management service, and is usually not the party that delivers the building. The table maps the projects in the ten profiles onto those roles.

Al Mouj Muscat shows why the roles matter. According to its profile, it is both a place and the master developer for other developers’ work. It built and sold many homes itself, and it appointed Aurelian as sub-developer for ALMAR in May 2026, while four of the five projects we list inside the community are built by other companies. A shareholder in the master developer is not automatically a shareholder in a sub-developer’s building, and the contracting party for each project is the developer named in the table above. Read the Al Mouj Muscat profile to see which company builds and sells each project inside the community.

The same distinction applies next door at Muscat Bay. The Muscat Bay profile separates the two projects by the Muscat Bay company (the completed villas and apartments, and Luma Residence) from Zen Residences, sold inside the community by Zen Development and Investment, and from Al Mina, which belongs to the neighbouring Barr Al Jissah resort. A buyer at Zen shares the address, the gate and the beach access of Muscat Bay; the contract, the warranty and the escrow account are with Zen Development. See the Muscat Bay profile for the detail.

Brand licences are a separate role, and AIDA and the Mandarin Oriental residences show the pattern. The Dar Global profile cites the developer’s own legal notice that Trump International Oman is not owned, developed or sold by The Trump Organization and that the name is used under a licence. The Marriott Residences release carries a similar notice. Fendi Casa is described as the interiors partner for the Azure villas. At Mandarin Oriental, Mandarin Oriental Hotel Group manages the hotel and the branded residences, and Eagle Hills Muscat is the developer. In each case the brand owner, the operator and the developer are different parties, and the sale and purchase agreement is with the developer. Branded schemes typically involve a licence to use the name, a management agreement, brand fees within the service charge and access to the brand’s rental channels, and the sales documents set out which of these apply. The Eagle Hills Muscat profile and the Dar Global profile describe the arrangements.

Mira Ocean Estates sits inside the Hawana Salalah destination that Muriya masters. Mira Developments is the developer of the project, and its profile describes Mira as a plot developer inside the destination. Foreign freehold exists only inside an approved Integrated Tourism Complex, so the ITC approval is one of the documents a buyer receives for the plot. See the Mira Developments profile for the detail.

Published payment plans across real estate developers in Oman

Payment plans differ between these developers. The table shows the structures as they appear on our listing pages and in the developers’ own materials, with the share of the price paid before handover where the pages allow it.

Plans differ in when payments fall due. At The Sustainable City – Yiti 70% falls due on handover, and at Luma and Mira Ocean Estates half the price is due on completion; the Mira profile suggests that buyers who plan to borrow obtain an Omani bank’s written view on lending against the unit in advance. On Olive Farms the instalments are complete before handover, and on the Talaat Moustafa Group 4.5-year plan 95% is paid before the final 5%. Our payment plans guide compares the full range across the market.

Buyers’ payments for off-plan homes are protected through escrow, and the law changed recently. Royal Decree 79/2025 repealed the earlier escrow system and, according to the Mira Developments profile, requires a Ministry of Housing and Urban Planning licence before off-plan development or sale, a separate escrow account for each project with withdrawals tied to approved construction phases, financial guarantees to secure completion, registration of off-plan units and an owners’ association for each project. The decree text on decree.om says it takes effect 180 days after publication in the Official Gazette of 14 September 2025, which is mid-March 2026, while our guide and a law-firm summary give 10 March 2026. Escrow keeps instalments dedicated to the construction of the project. Read the Law 79/2025 guide for the content.

The profiles also record construction and financing milestones. AIDA’s first-phase infrastructure contract was awarded to Oman Shapoorji for OMR 9,345,653 in June 2024. The Sustainable City – Yiti secured an OMR 38.5 million ($100 million) Islamic green facility from the IFC, announced on 30 September 2026; its latest public progress figures (plaza 31%, villas 33%) are from December 2024. On 8 October 2026 the Oman Observer reported a RO 11.285 million package for 160 villas in Jood, with contract signing expected on 5 November 2026.

Running costs complete the picture. The profiles record these published charges: OMR 8.27 per square metre per year for Luma apartments, OMR 4.5 at Telal Al Qurm and OMR 5 at Alef Qurum Residence, from OMR 10 at Bellevue, 19.5 at Vistal, about $70 per square metre for a two-bedroom at the St. Regis, OMR 3.25 at the Mandarin Oriental residences and OMR 9 at The Great Escape. Service charges are quoted in rials per square metre per year; read our service charges guide before you compare two projects.

What the cheapest listed home costs at each developer

Entry prices refer to the cheapest listed unit at each developer, and areas are measured on different bases, so per-square-foot figures should be compared only within one project’s own lists. Our price per square metre guide gives market context. Several lowest prices date from earlier launch lists; for example, the Muriya headline of OMR 50,000 dates from 2024. Check the listing page for current availability.

Golden Residency and the Owner Visa across the ten developers

Residency is a frequent question for buyers, and the profiles apply the same rule to every developer. Golden Residency requires a single Integrated Tourism Complex property worth at least OMR 200,000 (about $520,160). Our guide says the programme was relaunched through the Invest Oman platform on 31 August 2025 with that single threshold, so older tier figures should not be reused. The Owner Visa has no minimum property value, is sponsor-free, and lapses if the property is sold. Two smaller purchases do not combine. Our Golden Residency versus Owner Visa guide sets out the rules and the current process, and the freehold guide explains the ITC regime on which both routes depend.

These are readings of listed prices against the threshold, not approvals. The Royal Oman Police decides, and the price that counts is the one on the contract. Buyers should confirm which price is registered, whether a discount or fees change it, and whether the unit’s plot is inside an approved ITC. The Owner Visa is described on our listings as covered by Royal Oman Police Decision 87/2026, and its terms are set by the police, so confirm them at the time of purchase.

What to prepare when reserving a home from real estate developers in Oman

Reserving a home follows the same steps with every developer. The documents a buyer normally receives and keeps are the reservation form, the sale and purchase agreement (SPA), the payment schedule, the details of the project escrow account and the handover schedule. For an off-plan purchase the escrow details normally name the bank, the account name and the licence number issued under Royal Decree 79/2025, and the SPA states the handover date.

• The reservation form and the reservation fee receipt, which show the unit, the price and the legal name of the seller.
• The sale and purchase agreement, which sets out the payment schedule and the handover date.
• The escrow account details and the project licence for an off-plan purchase.
• The ITC approval and the form of title, because foreign freehold exists only inside an approved Integrated Tourism Complex.
• For residency, the price registered in the contract, checked against the OMR 200,000 single-property rule for Golden Residency or the terms of the Owner Visa.

Buyers also keep a copy of the listing page, its date and the unit number, since prices, areas and handover targets on listing pages can change. Our handover calendar, our payment plans guide and the profile of the developer concerned give the context for each document. If you would like help preparing a reservation, ask us about an Oman developer.

How we prepare the profiles of real estate developers in Oman

Every profile follows the same method. We read the developer’s own site and releases, the Omani and regional press, company filings and results where they exist, the text of the relevant Omani laws and decrees, and our own listing pages, which are the authority for prices on this site. Each fact is attributed (“according to Muriya”, “per the Oman Observer”) so that a developer’s statement is presented as the developer’s statement, and each profile gives its sources and the date it was last checked.

Figures are given with the name of their source, and a developer’s own statements are marked “according to” or “stated”. We also keep the date: every profile and this hub carry a “last checked” line, and prices, areas and handover targets on the listing pages can change, so confirm anything important with the developer in writing.

If you spot an error or a fact we have missed, or you are a developer or buyer who can document a correction, send it through our contact page with a link or a document. We will check it against the same standard, update the profile and note the new check date. For help reading a specific contract or developer, ask us about an Oman developer.

Other real estate developers in Oman we list but have not profiled yet

Several of the ten profiles mention developers that appear on our listings but do not yet have a profile of their own. Naming them here is a pointer for your research and carries no claim about any of them. Inside Al Mouj they are Alfardan Group (the St. Regis Residences), LEO Developments (Vistal), Ideal Building (Bellevue) and Aurelian Development (ALMAR Residences). Next to Muscat Bay they are Zen Development and Investment (Zen Residences) and the Barr Al Jissah resort, which the press attributes to the Zubair Corporation (Al Mina). In Telal Al Qurm our listing names Rozal Development for Alef Qurum Residence. The Muscat Bay profile suggests that Barr Al Jissah may deserve a profile in a later wave.

The wider field is larger than ten. Our guide to Oman property developers maps 24 developers and explains how master developers, plot developers and sellers fit together. As we complete more profiles, they will join the cards above.

Frequently Asked Questions

Who are the main real estate developers in Oman?

Our directory profiles ten: Muriya, Dar Global, OMRAN Group, Muscat Bay, Eagle Hills Muscat, Al Mouj Muscat, Diamond Developers, Talaat Moustafa Group, Alargan Towell and Mira Developments. These real estate developers in Oman include state-backed, regional and international companies, and several are partners of one another. Our developers guide maps 24, including companies without a profile yet.

Which real estate developers in Oman have completed homes, and which projects are off-plan?

According to the profiles, Muriya, Muscat Bay and Al Mouj Muscat have completed homes, and Eagle Hills Muscat has a completed hotel and residences described as finished by the sales channel. Alargan Towell reported sold-out early phases in 2016. Dar Global, Diamond Developers, Talaat Moustafa Group and Mira offer off-plan projects in Oman with stated handover targets.

Can foreigners buy from these real estate developers in Oman?

Foreigners can buy freehold inside an Integrated Tourism Complex under Royal Decree 12/2006, and the profiles describe every project we list as offered on that basis. The ITC status of the specific plot is the legal basis, and the approval document and the title route are part of the documents a buyer receives when reserving.

What does “OMRAN-backed” mean for a buyer?

OMRAN is a state-owned tourism developer. Among real estate developers in Oman it is a shareholder in Muriya and Al Mouj Muscat, a joint-venture partner at Muscat Bay and The Sustainable City – Yiti, and a master-plan partner at AIDA. It is the sole developer of none of our listed projects, and the contract is signed with the project company.

How do payment plans differ between developers?

The share paid before handover runs from 30% at The Sustainable City – Yiti to 100% on Muriya’s Olive Farms, with 50% at Luma and at Mira Ocean Estates and 95% on the Talaat Moustafa Group 4.5-year plan. Among real estate developers in Oman, the dated schedule is set out in the sale and purchase agreement.

Which projects qualify for Golden Residency?

Golden Residency needs a single ITC property worth at least OMR 200,000. In the profiles the villas at AIDA, the larger units at Muriya’s Amazi, Eagle Hills Muscat’s two- and three-bedrooms, the St. Regis, Vistal’s two-bedroom, Diamond Developers’ three-bedroom and villa, and the Muscat Bay and Luma villas clear that line. Published prices at Talaat Moustafa Group, Alargan Towell and Mira are below that line.

How is my money protected when I buy off-plan?

Under Royal Decree 79/2025, licensed developers must hold buyers’ payments in a project escrow account with withdrawals tied to construction phases. The reservation documents normally name the bank, the account name and the licence number, and the sale and purchase agreement carries a dated handover clause.

What should I prepare when reserving a home?

Prepare to receive and keep the reservation form, the sale and purchase agreement, the payment schedule, the escrow account details and the handover schedule, together with the ITC approval and title details for the plot. The section on what to prepare when reserving lists each document.

How are the developer profiles prepared, and how can I send a correction?

Each profile is built from developer releases, press, filings, legal texts and our own listings, with statements attributed to their sources. Every page carries a last-checked date, here 9 October 2026. To correct an error or add a fact about any of the real estate developers in Oman, write to us through the contact page with a source.

Ask us about an Oman developer

Last checked: 9 October 2026.