Oman’s real estate breaks records - pravasisamwad
August 25, 2025
1 min read

Oman’s real estate breaks records

  • The Arc at Yiti sells most expensive penthouse for over OMR 2 million

  • The Sustainable City – Yiti sets a new benchmark in luxury and sustainability with record-breaking sales ahead of launch.

PRAVASISAMWAD.COM

In a historic moment for Oman’s property sector, The Arc at The Sustainable City – Yiti has achieved the country’s most expensive residential sale with a penthouse priced at over OMR 2 million ($5.2 million). This milestone comes as phase one sales exceeded OMR 10 million ($26 million), weeks before the project’s official launch, underscoring surging demand for sustainable luxury living in the Sultanate, reported timesofindia.indiatimes.com.

The record-setting penthouse offers unmatched sea, mountain, and marina views, private access, and bespoke luxury finishes.

The penthouse, designed with exclusivity in mind, includes expansive open-plan interiors, designer fittings, a private outdoor pool, and secure gated parking. Entry is through a private lobby, while the residence offers panoramic views of Oman’s coastline and mountains. This sale marks a first in Oman’s real estate market for both price and luxury design standards.

Mahmoud Shehada, Chief Sales and Marketing Officer of The Sustainable City – Yiti, called the achievement a reflection of growing investor confidence.

“To secure the nation’s most expensive penthouse sale alongside more than OMR 10 million in total phase one sales before our official launch speaks volumes about the demand for sustainable luxury living.”

A vision of sustainable luxury: The Arc redefines Oman’s urban future

The Arc introduces 132 fully serviced luxury residences, blending modern coastal living with timeless architecture and sustainable design. Residences are curated across three collections, each designed for comfort, elegance, and eco-conscious living. Demand has already come from both Omani nationals and global investors, reaffirming Yiti’s status as a high-value, purpose-driven development.

The Arc is part of a larger master-planned ecosystem comprising residential, commercial, educational, and recreational facilities, all aligned with Oman Vision 2040. Completion of the entire Sustainable City – Yiti is expected by the end of 2026

Oman’s first net-zero city: The Sustainable City – Yiti

Spanning nearly one million square meters on the Gulf of Oman, The Sustainable City – Yiti is a joint venture between Diamond Developers and OMRAN Group. It is the first Omani development aligned with net-zero targets for 2040, integrating renewable energy, water recycling, waste diversion, and urban farming to achieve ambitious sustainability goals.

The city aims for:

  • 100% water recycling
  • 100% waste diversion from landfills
  • 80% food self-sufficiency

Beyond being a residential hub, it will serve as a research and education model for sustainability, positioning Oman as a leader in carbon-neutral urban living.

The record sale at The Arc signals a turning point for Oman’s luxury property market, blending prestige with purpose and setting new global benchmarks.

Pawan Bhola

Pawan Bhola

Pawan Bhola’s professional expertise lies in BusinessDevelopment. He has been working for Synerggie, Oman for the past 8 years. An MBA in Marketing,art flows naturally in him and now embarking on an exciting writing journey.

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