Al Ahly Sabbour Oman: Developer Profile, Projects and Portfolio

For Sale

• $125,000

For Sale

Wadi Zaha, Sultan Haitham City — Freehold Living in Oman’s New Capital District

• $125,000

alseeb oman

• Baths: 1 – 4
• 50 m²
• Apartment, House

Details

2 months ago

2 months ago

Al Ahly Sabbour Oman: who the developer is and what it builds

Al Ahly Sabbour Oman is the shorthand buyers use for the Muscat operation of Al Ahly Sabbour Developments, the Egyptian real estate company founded in 1994 and chaired by Eng. Ahmed Sabbour. In Oman the company is developing Wadi Zaha, a residential district inside Sultan Haitham City in the Wilayat of Al Seeb, west of the Muscat conurbation. Wadi Zaha was launched in January 2025, construction of the first phase of villas and townhouses began in February 2026, and the developer’s stated target is completion in 2028.

This profile gathers what is publicly documented about Al Ahly Sabbour Oman and the group behind it: its history and ownership, the Egyptian portfolio, the Omani agreements with the Ministry of Housing and Urban Planning, and the unit types, prices and payment terms on our own listing page. Where a statement comes from the company, we say “according to the developer”. Prices come from our Wadi Zaha listing and are converted at the Omani rial peg of 2.6008 US dollars, so a figure such as OMR 91,433 ($237,800) means $237,800 divided by 2.6008. The peg itself is explained in our guide to the rial peg. For the wider field of builders, see our guide to Oman property developers and the developers hub.

The page is organised in the order a buyer usually asks questions: who the company is, how it is owned, what it has built in Egypt, what it is building in Muscat, how a purchase works, which ownership and residency routes apply, and what documents to ask for when reserving. A table of key figures comes first so that the numbers can be checked at a glance.

Al Ahly Sabbour Oman at a glance

Ownership, history and backing

According to the about page on the developer’s website, Al Ahly Sabbour was founded in 1994 by the engineer Hussein Sabbour, who built an engineering consultancy into a real estate business. The same page describes a strategic partnership with the National Bank of Egypt dating from 1988 and lists the company as a joint-stock company. Wikipedia’s entry on Hussein F. Sabbour states that the National Bank of Egypt holds 40 percent of the company’s capital; we use that as a lead and the company’s own wording for the partnership itself. Hussein Sabbour, born in Cairo in 1936, died on 25 February 2021 at the age of 85, according to the same entry.

Leadership today sits with Ahmed Sabbour. Forbes Middle East lists him as chairman and managing director since 2017, having led the company as chief executive from 1994, and includes him in its 2026 real estate leaders list. The same profile says the group operates through 19 subsidiaries and a portfolio of over 65 developments across Egypt and the Arab region. It credits the group with delivering 1,500 residential units in 2025 across Green Square, L’Avenir and GAIA, and with revenue of more than $590 million in 2025.

Two points of structure help when reading the rest. First, Al Ahly Sabbour is an Egyptian company, so the group’s own sales and delivery figures are reported in Egyptian pounds and refer to Egyptian projects, while Omani prices are quoted in rials. Second, the Omani work sits under agreements with the government of Oman. The Ministry of Housing and Urban Planning is the master developer of Sultan Haitham City and signs development and partnership agreements with private companies, one of which is Al Ahly Sabbour. The company describes its Omani plan, in the words of its chairman quoted by the Oman Observer in February 2026, as “a clear message of our commitment to the Omani market”.

How the group describes itself

The developer’s home page lists the categories in which it works: East Cairo, West Cairo, coastal properties branded “By The Sea”, commercial, hospitality and a sports club. Its stated totals are more than 65 developments, more than 12 million square metres developed and more than 40,000 families served. Named projects on the site include YOUD at Ras El Hekma, The Mornings in East Cairo, AT EAST in Mostakbal City, Summer on the North Coast, The Ridge, Keeva in October City and Alaire. These are the developer’s own descriptions, and the totals are as the company publishes them.

A dated timeline of the Oman programme

The timeline lists each event with its date and source. The total investment in Wadi Zaha is OMR 115 million, per the developer at the February 2026 groundbreaking, and the scheme comprises 824 residential and commercial units, per the developer in October 2026. The unit and price tables on our own listing page supply the buyer-facing numbers below.

Sultan Haitham City: the setting for Al Ahly Sabbour Oman

Understanding the city is part of understanding Al Ahly Sabbour Oman, because the land, the masterplan, the road network and the ownership rules all come from the programme the Ministry of Housing and Urban Planning runs. MEED, reporting in June 2023, describes Sultan Haitham City as a 14.8 million square metre masterplan in the Seeb area designed for 100,000 residents across 19 neighbourhoods, with 25 mosques, 11 healthcare facilities and 39 schools. The programme runs in four phases between 2024 and 2045. The first phase (2024 to 2030) covers a city centre of about 5 square kilometres and six neighbourhoods with roughly 2.2 million square metres of built space, and the report notes that areas are open to foreign ownership and connected to the Muscat Expressway and Sultan Qaboos Street. MEED separately reported that US architecture firm SOM prepared the masterplan proposals, unveiled in August 2024.

The Oman Observer’s July 2024 review of the city’s first year says that 6,986 homes had been signed with eight developers. Al Ahly Sabbour appears in that list alongside other Omani and international developers. When the housing minister described the city’s approach to foreign ownership in June 2023, Times of Oman reported that eligible foreign applicants could own property within the state land programme. Our own Sultan Haitham City investor guide sets out the districts and the other developers.

For a buyer, the practical consequence is that a purchase in Wadi Zaha is also a purchase into a planned district: schools, healthcare, retail and parks are provided by the masterplan rather than by the developer alone, and the timetable of surrounding infrastructure follows the Ministry’s programme. The Al Ahly Sabbour scheme is the neighbourhood-scale piece of that plan that this page covers in detail.

Al Ahly Sabbour Oman projects: Wadi Zaha

Our database holds one Al Ahly Sabbour listing, which is Wadi Zaha. The notes below use the unit and price tables on our Wadi Zaha page for every buyer-facing figure, and press reports for the developer’s own statements about scale and progress.

Wadi Zaha, Sultan Haitham City

Wadi Zaha is a freehold residential district in Sultan Haitham City, in the Wilayat of Al Seeb. Our listing describes a mix that runs from studios to three-storey villas, with apartments, duplexes, penthouses, townhouses and ground-floor retail between them. The developer’s launch material describes the neighbourhood as part of the Al Ahly Sabbour land allocation, alongside Wadi Safa and Wadi Tala. According to the developer as reported by Invest-Gate in January 2025, the land allocation covers 100 feddans, about 420,000 square metres, and MEED gives the same land area. The total investment in Wadi Zaha is OMR 115 million, per the developer.

The developer’s May 2026 announcement, covered by the Oman Observer, states that residential units in Wadi Zaha run from 54 to 210 square metres and cover studios, one-, two- and three-bedroom apartments and penthouses, and that retail units are arranged in three zones named Convenience Hub, Lifestyle Layer and Social Edge, developed with Knight Frank. The same article describes views of Central Park, the wadi, Sultan Haitham Mosque and the main promenade. Construction of the first phase of villas and townhouses is under way with Delta Contracting as executive contractor, according to the company at the February 2026 groundbreaking.

The October 2026 coverage adds that the Zaha Residence apartments are planned to be delivered fully finished and semi-furnished, with selected kitchen appliances, air-conditioning units and built-in wardrobes, according to a company statement. It also reports that the developer had sold about 80 percent of the units on offer, reached 70 percent of its OMR 33 million 2026 sales target, and counted buyers from 48 nationalities. Our listing page, for its part, describes interiors handed over finished in light tones on a neutral palette.

Unit types, sizes and entry prices

The table sets out the entry size and entry price for each category on our listing page, with the rial conversion and the price per square foot. Price per square foot is the dollar price divided by the size in square feet; the rial price per square foot is that figure divided by 2.6008. Prices are entry points for each category, and the price list issued at reservation applies to a specific unit.

Duplexes, townhouses and three-storey villas also form part of the mix, according to our listing. Penthouses are offered with private pools on their terraces. For the calculation method used for other Muscat projects, our price per square metre guide explains the calculation and lists neighbouring schemes.

Payment plan and purchase terms

Our listing describes a construction-linked plan. A buyer registers interest with an expression of interest of OMR 1,000 ($2,601), pays 20 percent on booking, and settles the remaining 80 percent during construction in monthly or quarterly instalments. The terms for a given unit are those written on the reservation form.

Worked through for two entry categories, a studio at OMR 60,366 ($157,000) carries a 20 percent booking payment of OMR 12,073 and a remaining 80 percent of OMR 48,293. A two-bedroom at OMR 91,433 ($237,800) carries OMR 18,287 on booking and OMR 73,146 across the construction period. Our payment plans guide compares this structure with those of other Muscat developers.

Service charges, parking and ongoing costs

Our listing states a service charge of OMR 5 to 6 per square metre per year. On the entry sizes above that is about OMR 270 to 324 a year for a 54 m² studio and about OMR 495 to 594 for a 99 m² two-bedroom (area multiplied by the rate). One parking slot is included with two-bedroom units and above; for studios and one-bedroom apartments a slot is optional at OMR 3,500 ($9,103). Oman levies no annual property tax and no tax on rental income for individuals, per our page. Our service charges guide explains how these charges are set and billed.

Location and drive times

Wadi Zaha sits in Al Seeb, on the western side of the Muscat conurbation, close to the Batinah Expressway and about twenty minutes by car from Muscat International Airport, according to our listing. The table gives the drive times published on the page.

Design and amenities

Our listing describes facades in white and beige slabs in a sand-toned palette, with decorative panels carrying traditional Arabic patterning, floor-to-ceiling windows and glass balcony balustrades. Amenities listed are swimming pools with sunbathing terraces and shaded lounge areas, a gym and a spa, landscaped gardens, parks and walking paths, a clubhouse with outdoor lounge areas, enclosed children’s play areas, and ground-floor retail with cafes and restaurants. Penthouses add private terrace pools and the villas have their own patios. The developer’s October 2026 description of Zaha Residence names the swimming pool, sports facilities and spa. These are planned facilities described by the developer and by our listing.

Projects summary table

Portfolio and track record

Outside Oman the group’s record sits in Egypt, where the developer states it has delivered more than 65 developments over more than 12 million square metres for more than 40,000 families. The table lists dated, sourced items from public reports and the company’s website.

The Egyptian projects sit on several coasts and corridors: Katameya and The Mornings in East Cairo, AT EAST in Mostakbal City, Keeva in October City, Summer on the North Coast, and the Ras El Hekma schemes YOUD and Ten Islands. The group’s 2025 sales commentary, published after Cityscape Egypt, shows how it positions regional expansion; its chairman described regional expansion as one of four pillars of the company’s approach, alongside selecting promising destinations, building partnerships and introducing new concepts.

What the Egyptian portfolio means for an Omani buyer

The Egyptian figures describe an operating company with a long history, a bank partner and annual disclosures through the trade press. For an Omani purchase the contract details are specific to the Omani entity and the project: the company that signs the sale and purchase agreement, the bank that holds the escrow account, and the handover date in the contract. The developer’s Omani financing agreement with Bank Dhofar, signed during Urban October 2026 for RO 10 million ($26 million), is described in coverage as supporting construction and development at Wadi Zaha.

How buying works with Al Ahly Sabbour Oman

The steps below follow the sequence on our listing page and the general off-plan process in Oman. The order is the same for most Muscat developers, which is why our guide to Royal Decree 79/2025 covers the legal protections once for the whole market.

1. Request the current availability and price list for the unit type you want.
2. Reserve with the expression of interest of OMR 1,000 to hold a unit while the paperwork is prepared.
3. Sign the sale and purchase agreement, which sets out the payment schedule and the handover date.
4. Pay the 20 percent booking instalment and begin the construction-linked schedule.
5. Pay later instalments into the project’s escrow account.
6. Complete a snagging inspection before accepting handover. A local representative can attend if you cannot.
7. Register the title deed with the Ministry of Housing and Urban Planning.

Escrow under Royal Decree 79/2025

Royal Decree 79/2025, issued on 10 September 2025 and published on decree.om, regulates off-plan sales and requires a licensed developer to hold buyers’ payments in a project escrow account, with funds released against verified progress. According to our guide the law took effect on 10 March 2026. At reservation, a buyer can ask the sales office for the name of the escrow bank, the project’s escrow account number, and confirmation that the reservation has been recorded on the preliminary register.

Handover, snagging and registration

The developer states a target of 2028 for completion of the scheme. The sale and purchase agreement carries the dated handover commitment for a specific building. On handover, a snagging inspection lists any items to finish; once accepted, the title is registered with the Ministry of Housing and Urban Planning, which issues the deed. Our handover calendar lists stated completion dates across projects.

Remote purchase and later resale

Buyers outside Oman commonly reserve and sign remotely and appoint a local representative for snagging and registration. Resale of a completed unit follows ordinary market practice; our guide to selling in Oman explains the steps, and our guide to rental yields shows how income on different property types is assessed. Income from a unit begins after handover, so a purchase is usually modelled from the handover date.

Ownership route and residency for Al Ahly Sabbour Oman buyers

Our listing states that Wadi Zaha is sold freehold, open to buyers of all nationalities, with ownership registered with the Ministry of Housing and Urban Planning, and that a registered title deed carries the same permanent, inheritable rights as those held by an Omani citizen. Our freehold guide explains the wider set of areas where foreigners can hold title, and our guide to foreign ownership categories explains how property types are treated. The wider Integrated Tourism Complex framework, under Royal Decree 12/2006 and Ministerial Decision 191/2007, is described in a July 2026 Times of Oman explainer; Sultan Haitham City has its own ownership arrangements under the Ministry’s land programme.

Golden Residency and the Owner Visa

The two residency routes are different, and our Golden Residency versus Owner Visa guide compares them. Golden Residency requires a single Integrated Tourism Complex property worth at least OMR 200,000 ($520,160) and is decided by the Royal Oman Police; the Middle East Briefing summary describes the ITC real estate route. The Owner Visa has no minimum value. Prices on our list for Wadi Zaha range from OMR 60,366 to OMR 154,568 for residential entry units:

• Studio, one-bedroom and two-bedroom entry prices are OMR 60,366, OMR 72,670 and OMR 91,433, below the OMR 200,000 single-property figure of the Golden Residency route.
• The three-bedroom entry price is OMR 146,993, the penthouse entry price is OMR 154,568 and the retail entry price is OMR 120,847, all below OMR 200,000 as well.
• Our listing says a qualifying purchase can support Oman’s residency-by-investment routes, with applications processed through the Invest Oman platform.

Key facts about Al Ahly Sabbour Oman

• Founded in 1994 in Egypt, with a partnership with the National Bank of Egypt dating from 1988, according to the developer.
• Stated portfolio of more than 65 developments over more than 12 million square metres, according to the developer’s website.
• Ahmed Sabbour, chairman and managing director, is included in Forbes Middle East’s 2026 real estate leaders list.
• Wadi Zaha was launched on 16 January 2025 and the foundation stone was laid in February 2026.
• Delta Contracting is named as executive contractor for the first phase of villas and townhouses.
• Bank Dhofar signed an OMR 10 million financing agreement for Wadi Zaha during Urban October 2026.
• Buyers from 48 nationalities are reported by the developer as of October 2026.
• Units are planned to be delivered fully finished and semi-furnished, per a company statement.
• Freehold title, open to all nationalities, registered with the Ministry of Housing and Urban Planning, per our listing.

Al Ahly Sabbour Oman and other Oman developers

Wadi Zaha sits among several schemes in Sultan Haitham City and Al Seeb, and buyers often review projects across developers. The table is a reference for the profiles on our site.

The Egyptian developer Talaat Moustafa Group is also building in Al Seeb, with Jood inside Sultan Haitham City. See its profile for the scheme’s size, payment plans and handover targets. Muscat Bay and Al Mouj are established coastal communities and are included for readers comparing coastal and inland Muscat. The full hub of Oman developer profiles lists every developer we cover.

What to prepare when reserving with Al Ahly Sabbour Oman

These are the documents and details that are normal to request at reservation for an off-plan purchase in Oman. Asking for them is part of the standard process.

1. The reservation form and the expression of interest receipt, showing the unit number, type, size and agreed price.
2. The draft sale and purchase agreement, with the dated handover commitment for your building.
3. The legal name and commercial registration of the Omani company that signs the agreement.
4. Escrow details: the bank, the project’s escrow account number, and confirmation that the reservation is recorded under Royal Decree 79/2025.
5. The title and ownership documents for the plot, showing freehold status and the registry that issues the deed.
6. The payment schedule in writing, showing whether instalments are monthly or quarterly and whether dates are fixed to the project or counted from the booking date.
7. The service-charge schedule for your unit size, with the rate per square metre and who sets it.
8. The parking terms for your unit: whether a slot is included or optional.
9. The specification schedule, covering finishes, appliances, air conditioning and fitted wardrobes.
10. The residency conditions that apply to your purchase, confirmed with the Royal Oman Police.
11. An Omani lawyer of your choice reviewing the agreement before you sign.

Frequently Asked Questions

Who is behind Al Ahly Sabbour Oman?

Al Ahly Sabbour Oman is the Muscat operation of Al Ahly Sabbour Developments, an Egyptian developer founded in 1994 and chaired by Eng. Ahmed Sabbour. According to the developer, it has a stated portfolio of more than 65 developments in Egypt and a partnership with the National Bank of Egypt dating from 1988.

What does Al Ahly Sabbour build in Oman?

Al Ahly Sabbour Oman builds Wadi Zaha, a residential district in Sultan Haitham City, Al Seeb. The unit mix on our page runs from studios to three-storey villas, with penthouses, townhouses and retail, and residential unit sizes from 54 m². Two further neighbourhoods, Wadi Safa and Wadi Tala, are named in the developer’s plan.

How much do Wadi Zaha homes cost?

Al Ahly Sabbour Oman prices on our page start at OMR 60,366 ($157,000) for a 581 square foot studio and OMR 72,670 ($189,000) for an 840 square foot one-bedroom. A two-bedroom starts at OMR 91,433 ($237,800), a three-bedroom at OMR 146,993 ($382,300) and a penthouse at OMR 154,568 ($402,000). Prices are entry points for each category.

When is handover for Wadi Zaha?

Al Ahly Sabbour Oman states a completion target of 2028 for Wadi Zaha, and first-phase construction began in February 2026. The handover date for a specific unit is written in its sale and purchase agreement.

What is the payment plan?

The Al Ahly Sabbour Oman plan on our page is an expression of interest of OMR 1,000, 20 percent on booking and 80 percent during construction in monthly or quarterly instalments. The terms for a unit are written into its reservation form.

Can foreigners buy at Wadi Zaha, and what about residency?

Al Ahly Sabbour Oman sells Wadi Zaha freehold to buyers of all nationalities, with title registered with the Ministry of Housing and Urban Planning, per our listing. Golden Residency needs a single ITC property worth at least OMR 200,000 ($520,160) and is decided by the Royal Oman Police; residential entry prices on our page range from OMR 60,366 to OMR 154,568. The Owner Visa has no minimum value.

What service charges and parking costs apply?

Al Ahly Sabbour Oman lists a service charge of OMR 5 to 6 per square metre per year on our page, which is about OMR 495 to 594 a year for a 99 m² two-bedroom. One parking slot is included with two-bedroom units and above, and a slot for studios and one-bedroom units is optional at OMR 3,500 ($9,103). Oman has no annual property tax.

How does escrow work for an off-plan purchase?

Under Royal Decree 79/2025, according to our guide, buyer payments for a licensed project go into a project escrow account and are released against verified progress. Buyers of Al Ahly Sabbour Oman units can ask the sales office in writing for the escrow bank, the account number and the registration of the reservation.

Where is Wadi Zaha and what is nearby?

Al Ahly Sabbour Oman’s Wadi Zaha is in Sultan Haitham City, Al Seeb, close to the Batinah Expressway and about 20 minutes by car from Muscat International Airport. Our listing gives 18 minutes to Sultan Qaboos University and GUtech, 12 minutes to Seeb Beach, and 8 minutes to LuLu Hypermarket.

Ask us about Al Ahly Sabbour projects

Last checked: 10 October 2026. Sources: Al Ahly Sabbour website, Al Ahly Sabbour about page, MEED, Wadi Zaha, MEED, Sultan Haitham City, Invest-Gate launch report, Invest-Gate, May 2025, Oman Observer, construction, Oman Observer, retail launch, Oman Observer, Sultan Haitham City, TradeArabia, Times of Oman, Forbes Middle East, Wikipedia, Royal Decree 79/2025. Prices come from our listing pages and are converted at OMR 1 = $2.6008.