Jassim Al Hadrami: The flagship project with attractive prices is ideal opportunity for Omani & Gulf home-seekers and investors

Al Mazaya Holding has launched a Ramadan promotional campaign for its Mazaya Residence, the company’s flagship project in the Sultanate of Oman and one of the top integrated developments located in Al Seeb Province, Al Mawaleh Area, Muscat.

The flagship project, in the heart of Omani Capital, fulfils all housing requirements of Omani citizens in particular, and Gulf nationals in general, by offering different types of apartments with diverse space and design options that meet the needs of big and small families alike, and simultaneously stands out as an attractive opportunity for investors looking for significant return on investment.

The Ramadan promotion features huge discounts on unit value, starting from OMR 42,900, in addition to easy payment plans addressing the needs of various segments of Omani society and coupons with a 30% discount from Home Centre on all furnishing purchases.

On top of that buyers during the Holy Month of Ramadan can avail a flexible payment plan of a 40% down-payment and 60% instalments until the end of 2020. Over and above, the company guarantees every buyer a brand new car during the Holy Month.

The marketing campaign follows the completion of the project’s Phase I, which is now ready for handover to its new owners.

Mazaya Residence is a modern lifestyle project catering to the needs of all segments of Omani and Gulf society. Strategically located near the new Seeb Airport, the project offers multiple types of apartments with different spaces and design options that fulfil the needs of Omani and Gulf families for suitable housing that matches the lifestyle of Omani and Gulf families on the one hand and offers investment opportunities with good returns on the other hand.

The project’s Phase I sprawls over 6,614 square metres and consists of 120 apartments in different spaces in addition to 28 shops.

Through this leading development, Mazaya Holding provides a modern and integrated lifestyle project that is suitable for all segments of society. The best design criteria has been followed in terms of optimum utilisation of spaces. The project features diverse amenities and services, including swimming pools, tennis courts, fully equipped health clubs for both genders, kids’ play areas, round-the-clock CCTV monitoring, cleaning and maintenance services, and underground parking facilities.

Commenting on the announcement, Jasim Al Hadrami, Company Representative in Oman, underlined the importance of the Ramadan Promotion and the incentives it provides for those wishing to own apartments in one of the most vibrant areas of Muscat.

“Al Mazaya Holding trusts that the promotion will fulfil the needs of Omani and Gulf citizens seeking appropriate homeownership and investment opportunities in the real estate sector.”

On the project’s sales volume, Al Hadrami explains, “Up to 60% of the project’s Phase I has been sold out, which equals to 89 units out of 149 apartments of multiple styles and different spaces and these units have been handed over to their new owners.”

“We welcome all visitors to the project site where we are displaying a fully-furnished model apartment to give our customers a firsthand experience of the project’s units and the quality of construction and finishing material used.”

He added that the Ramadan offer includes attractive prices starting from OMR42,900 for one-bedroom apartment ranging between 68 and 76.8 square meters; OMR 68,400 for 2-bedroom flats between 104 and 114.5 square meters; and OMR87,400 for 3-bedroom units from 142.5 to 161 square meters.

Omani real estate market enjoys political and socio-economic stability, which doubles chances of success in a way that promises more investment opportunities in various sectors in the future.

Elaborating this point, Al Hadrami  said, “The Omani real estate market is in growing demand among Gulf investors thanks to the Sultanate’s economic and political stability and its agile and flexible legislation as well its competitive real estate prices which are less than those in some of other GCC states, not to mention the country’s fascinating scenery and natural beauty.”

Al Mazaya Holding has a strong foothold across the GCC and Middle East region and is following best-in-class design and finishing criteria in terms of space optimisation. Within this context, Mazaya Residence meets market needs for affordable and competitive prices, considering all the housing requirements of Omani citizens in particular, and Gulf nationals in general, for a product that represents a real investment opportunity with significant returns that augur well for the future of the country.

The project’s close proximity to the new Seeb Airport, which is expected to attract a workforce of 30,000 employees, provides the project with an additional competitive edge for home-seekers and investors alike.

A sales office has been established by Al Mazaya Holding at the project’s site that incorporates a model of the project and samples of the construction and main finishing material for visitors and potential buyers to get a first-hand experience of the project’s specs and scope of work.